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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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  • jon-nycJ Offline
    jon-nycJ Offline
    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 Offline
        jon-nycJ Offline
        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 Away
          MikM Away
          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 Offline
            jon-nycJ Offline
            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 Away
                MikM Away
                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 Offline
                    jon-nycJ Offline
                    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 Offline
                            jon-nycJ Offline
                            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 Away
                              MikM Away
                              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

                              1 Reply Last reply
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