Wednesday, March 25, 2009

Mayor Bloomberg is right on taxes

He says to Governor Paterson:
51, 52 percent of our taxes come from people making $500,000 or more

Five thousand people back in 2006, it's probably a little more diverse today, but in 2006, 5,000 people paid 30 percent of the taxes in New York City.

If only 1,500 of that 5,000 people move to Connecticut, that would cut 10 percent of our tax base, that's another $3.5 billion.

No free lunch, you tax increase advocates out there.

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