Thursday, January 8, 2009

What The Hell Do I Know?: Governor Patterson's iTax and the Islanders being sold to Toronto.


Follow this link:

http://www.facebook.com/home.php?#/group.php?gid=53869903141&ref=ts

And if you don’t like to follow instructions, then just read this:

The iTax is a budget proposal made by Governor Patterson to put taxes on things ranging from beer to sporting events (follow the link for more details)
On the group, you can see a lot of political talk going back and forth amongst people too mad to type correctly but all I can say is although this sucks, lets not attack the guy.

Granted, this sucks, but I think I understand where he's coming from.
Albany is not getting enough tax money from the people and the money's gotta come from somewhere, so of course the first victims are going to be things that are considered luxuries such as sporting events, jewlery and other things listed in the link. But the problem is, those "luxuries" are things that could really jumpstart the economy. You just got to read people.

As stated, one of the things being taxed are tickets to sporting events. Governor Patterson clearly isn't into sports (and no, he wouldn't need to SEE games, there's the radio so that argument can be tossed); and seriously, to not be into sports in New York is like being married to a female supermodel and not like tits. Anyway, if he was, then he’d realize he’d be losing money taxing sporting events.

We got to ask ourselves: why do people go to sporting events? The same reason why people buy music, take their cars for a spin for the hell of it, or drink like fishes: to get away from the stupid ass taxes they’re paying already.

Do you know how much dough can be made on people trying to escape? Too much.
Heres what I’m thinking: lessen the prices of the tickets, sell the beer cheaper, and let people have their fun. Not only will this make people come back more frequently but if these guys have fun at the events, they’ll tell their friends (?) and other people will want to go. And then they’ll buy stuff and the kids will get soda cheaper, and everything else falls into place. The shit sells itself. Then, the state comes in and taxes the big companies for selling the products in New York, not affecting the product itself., like taking a cut from the beer companies and giving it to the state to fund schooling and health plans and the like. As far as the sporting locations go, same thing. Take more from the company itself, but not let it affect prices of tickets. If the tickets were the same price AND New York taxes the companies, that’d be ridiculous, but to sell more tickets to people who CAN buy more and you have a gold mine. I know they already have a property tax and other wacky taxes to go with it, but they dared to be here, let the state do it’s thing. Like I said, it will sell itself.

But what about the companies that won’t share their profits with the state? Fuck ‘em.
Really. What the hell are these companies going to do? Leave? Let ‘em.

Say Budweiser gets really upset with New York state, being they (the company itself) has to pay more to sell the beer there. If they leave, they’d be making a big mistake. New York City has a lot of people, and a lot of depressed people, at that. There’s money to be made there, my friend.

Maybe it’s a moral thing, too. To not go to the games itself, but to be home and watch them, or to not drink a lot of beer and get something else, but really, it’s not going to fly. It’s only because people are depressed and you can make money off depression.
Plus, if all this money we can shave off these companies can fund public venues and other needs more than they are already, people wouldn’t be so depressed.

This probably is in a lot of people’s heads already, or maybe I'm wrong (I welcome both, but I hope I'm on the right track).

So:
Tax the companies, leave the product alone.
People will buy them still, I swear.

Just a playful thought.
-Nick S
P.S- That picture I added is what I think about the Islanders being sold.

4 comments:

  1. New York needs to reduce spending. Plain and simple. The government is quick to reduce the "hot button" items that people will scream about in order to justify tax increases. But they won't touch things like buying a $21,000 rug for the governor's mansion that Paterson doesn't use, or the bigtime salary increases the part-time legislators get.

    Businesses pay income tax on their profits. To make things simple, let's say 10% of the profit goes to the state. More profits (because more people are buying the product) means the state gets more money. But the state cannot come along in a depressed time and say "Now, we're going to take 12% of your profit because we need to keep up our completely unnecessary spending spree and you can just absorb it." The companies won't absorb it. It will be reflected in higher prices to the consumers. It will also be reflected in laying off workers. For some companies, this could be the difference between whether or not to stay in business. Remember, in addition to the 12% grab from New York State, Obama will be demanding more at the federal level so he can (to use his words) "spread the wealth around."

    The answer in this situation is to cut the massive waste in New York. This means at minimum, recognizing that in a tight economy, the budgets on optional programs should stay flat instead of being increased. A normal household has to cut back when it lacks the funds. Governments don't have to live in reality; they can just compel the people to pay more and more to support every legislator's pork.

    New York's was once the second most populated state in the country. However, with the cost of living and taxes being so high, people are leaving. Texas has already moved ahead of NY. The 2010 census is likely to show NY as the fourth most populated state, behind Florida. Why is this important? The fewer people there are, the more each one will pay in taxes and draconian fees. The politicians will never stop wasting money. Therefore, the burden of paying for the politicians' waste will be spread among a continuously smaller group of people.

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  2. The argument that the sports "sell themselves" seems to prove that maybe the taxes aren't such a bad idea. If the desire for escapism doesn't go away, and there are few alternatives to professional sporting events, that means the demand is relatively inelastic.

    No matter what the Yankees, Knicks and Rangers charge for tickets, they'll sell out most, if not every game, every year. There's enough money in NYC to make that happen, so why not have a few of those dollars go back to the State?

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  3. Let the money go back to the state for what? So the legislators can vote themselves another big raise while other people are losing their jobs?

    New York State has massive amounts of waste. If they were just providing necessary services, there would be no need for Paterson to nickel and dime people with all sorts of ridiculous taxes and fees. Several other states somehow manage the people's money better and are able to have fewer and lower taxes.

    It's time to start questioning what the government actually does with the tremendous amount of money it forces from the taxpayers, particularly when so many are having to cut back.

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  4. You've also gotta realize that not only is he taxing shit from iTunes to beer, Our beloved SUNY tuition is increasing, which is going to fuck us students over even more in our student loans when we're outta there. Lots of people I know went SUNY instead of a private school for money reasons, now some of the more expensive SUNY schools could be bumping tuition with some of those private universities.

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