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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. "First we get the money..."

"First we get the money..."

Scheduled Pinned Locked Moved General Discussion
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  • MikM Offline
    MikM Offline
    Mik
    wrote on last edited by
    #4

    Great. so ALL the money leaves.

    "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

    1 Reply Last reply
    • jon-nycJ Online
      jon-nycJ Online
      jon-nyc
      wrote on last edited by
      #5

      The mayor is “distancing himself” from the plan, says Crain’s.

      That’s a relief.

      I wonder what impediments, if any, prevent a municipality from instituting wealth taxes or transaction taxes. I’d imagine the taxing authority of cities, counties, and towns is defined by state statute, but I could be wrong.

      If you don't take it, it can only good happen.

      MikM 1 Reply Last reply
      • JollyJ Offline
        JollyJ Offline
        Jolly
        wrote on last edited by
        #6

        Billy Joel moved out...

        “Cry havoc and let slip the DOGE of war!”

        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

        jon-nycJ 1 Reply Last reply
        • JollyJ Jolly

          Billy Joel moved out...

          jon-nycJ Online
          jon-nycJ Online
          jon-nyc
          wrote on last edited by
          #7

          @Jolly

          He was so worried about the plan of the Chicago's mayor's friends that he left Republican-run Long Island?

          And he was so extra worried about it that he left even before the they released the plans?

          Damn, sing us a song, piano man.

          If you don't take it, it can only good happen.

          JollyJ 1 Reply Last reply
          • jon-nycJ jon-nyc

            The mayor is “distancing himself” from the plan, says Crain’s.

            That’s a relief.

            I wonder what impediments, if any, prevent a municipality from instituting wealth taxes or transaction taxes. I’d imagine the taxing authority of cities, counties, and towns is defined by state statute, but I could be wrong.

            MikM Offline
            MikM Offline
            Mik
            wrote on last edited by
            #8

            @jon-nyc said in "First we get the money...":

            The mayor is “distancing himself” from the plan, says Crain’s.

            That’s a relief.

            I wonder what impediments, if any, prevent a municipality from instituting wealth taxes or transaction taxes. I’d imagine the taxing authority of cities, counties, and towns is defined by state statute, but I could be wrong.

            I know there are such things in Ohio. For instance, I live in a township, which is not allowed by law to impose an income tax. I'd bet you are correct.

            "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

            jon-nycJ 1 Reply Last reply
            • MikM Mik

              @jon-nyc said in "First we get the money...":

              The mayor is “distancing himself” from the plan, says Crain’s.

              That’s a relief.

              I wonder what impediments, if any, prevent a municipality from instituting wealth taxes or transaction taxes. I’d imagine the taxing authority of cities, counties, and towns is defined by state statute, but I could be wrong.

              I know there are such things in Ohio. For instance, I live in a township, which is not allowed by law to impose an income tax. I'd bet you are correct.

              jon-nycJ Online
              jon-nycJ Online
              jon-nyc
              wrote on last edited by
              #9

              @Mik Right? It seems like otherwise there’d be some little villages somewhere experimenting with all kinds of ruinous schemes.

              If you don't take it, it can only good happen.

              1 Reply Last reply
              • jon-nycJ jon-nyc

                @Jolly

                He was so worried about the plan of the Chicago's mayor's friends that he left Republican-run Long Island?

                And he was so extra worried about it that he left even before the they released the plans?

                Damn, sing us a song, piano man.

                JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by
                #10

                @jon-nyc said in "First we get the money...":

                @Jolly

                He was so worried about the plan of the Chicago's mayor's friends that he left Republican-run Long Island?

                And he was so extra worried about it that he left even before the they released the plans?

                Damn, sing us a song, piano man.

                Nope, just a general observation about taxation and people.

                “Cry havoc and let slip the DOGE of war!”

                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                AxtremusA 1 Reply Last reply
                • MikM Offline
                  MikM Offline
                  Mik
                  wrote on last edited by
                  #11

                  The funny thing about people with money is they CAN move. It would seem Chicago is determined to repeat the mistakes of Detroit, which was also once a great city.

                  "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

                  JollyJ 1 Reply Last reply
                  • CopperC Offline
                    CopperC Offline
                    Copper
                    wrote on last edited by
                    #12

                    Do we need Chicago?

                    1 Reply Last reply
                    • jon-nycJ Online
                      jon-nycJ Online
                      jon-nyc
                      wrote on last edited by
                      #13

                      Ever since they renamed the Sears tower it’s been dead to me.

                      If you don't take it, it can only good happen.

                      George KG 1 Reply Last reply
                      • MikM Mik

                        The funny thing about people with money is they CAN move. It would seem Chicago is determined to repeat the mistakes of Detroit, which was also once a great city.

                        JollyJ Offline
                        JollyJ Offline
                        Jolly
                        wrote on last edited by
                        #14

                        @Mik said in "First we get the money...":

                        The funny thing about people with money is they CAN move. It would seem Chicago is determined to repeat the mistakes of Detroit, which was also once a great city.

                        Money is like water and will find its own level.

                        “Cry havoc and let slip the DOGE of war!”

                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                        1 Reply Last reply
                        • JollyJ Jolly

                          @jon-nyc said in "First we get the money...":

                          @Jolly

                          He was so worried about the plan of the Chicago's mayor's friends that he left Republican-run Long Island?

                          And he was so extra worried about it that he left even before the they released the plans?

                          Damn, sing us a song, piano man.

                          Nope, just a general observation about taxation and people.

                          AxtremusA Offline
                          AxtremusA Offline
                          Axtremus
                          wrote on last edited by
                          #15

                          @Jolly said in "First we get the money...":

                          @jon-nyc said in "First we get the money...":

                          @Jolly

                          He was so worried about the plan of the Chicago's mayor's friends that he left Republican-run Long Island?

                          And he was so extra worried about it that he left even before the they released the plans?

                          Damn, sing us a song, piano man.

                          Nope, just a general observation about taxation and people.

                          Don't just think only about "cost", think also about "revenue." Doesn't matter if a place assesses zero tax, no one wants to be there if there is no money to be made despite their having zero tax rate.

                          1 Reply Last reply
                          • jon-nycJ jon-nyc

                            Ever since they renamed the Sears tower it’s been dead to me.

                            George KG Offline
                            George KG Offline
                            George K
                            wrote on last edited by
                            #16

                            @jon-nyc said in "First we get the money...":

                            Ever since they renamed the Sears tower it’s been dead to me.

                            You know they renamed Lake Shore Drive too - now it's "DuSable Lake Shore Drive."

                            "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                            The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                            MikM 1 Reply Last reply
                            • jon-nycJ Online
                              jon-nycJ Online
                              jon-nyc
                              wrote on last edited by
                              #17

                              If I ever go back to Chicago it will only be to take a dump on Michigan Avenue.

                              If you don't take it, it can only good happen.

                              1 Reply Last reply
                              • George KG George K

                                @jon-nyc said in "First we get the money...":

                                Ever since they renamed the Sears tower it’s been dead to me.

                                You know they renamed Lake Shore Drive too - now it's "DuSable Lake Shore Drive."

                                MikM Offline
                                MikM Offline
                                Mik
                                wrote on last edited by
                                #18

                                @George-K said in "First we get the money...":

                                @jon-nyc said in "First we get the money...":

                                Ever since they renamed the Sears tower it’s been dead to me.

                                You know they renamed Lake Shore Drive too - now it's "DuSable Lake Shore Drive."

                                The French fur trader? Really?

                                "You cannot subsidize irresponsibility and expect people to become more responsible." — Thomas Sowell

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