Jeeze, I can't imagine how people making $750k or more than $1M per year can possibly survive if they have to fork over $1-2 thousand dollars... it's just so unfair
nydailynews.com
"If Public Advocate Bill de Blasio is elected mayor next year, rich guys should hang on to their wallets.
The 2013 contender Thursday called for raising income taxes on all New Yorkers who make more than $500,000 to pay for afterschool programs and pre-kindergarten classes for every eligible kid.
“When it comes to education, \[experts say\] ‘start learning sooner, keep learning longer.’” de Blasio said. “What I think we need is a serious investment in making our education system truly prepare our kids for the modern economy."
De Blasio announced his tax hike plan at a white-tablecloth breakfast hosted by the Association for a Better New York in a tony downtown hotel ballroom.
“You might say, ‘You have come to the lion’s den,” said de Blasio who has close ties to labor unions. “Well, I think it's a roomful of people who care about New York City.”
Under his plan, those earning $500,000 or more would pay a city income tax of 4.3% on every dollar they make above $500,000, up from 3.8%.
That means that people making $750,000 would pay an extra $1,000 a year and those earning $1 million would pay an extra $2,000.
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