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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (142147)	2/25/2014 10:33:33 PM
From: John Vosilla	1 Recommendation Recommended By zax Respond to of 149317

Moby: NYC Is Now 'Exclusively About Success' & Too Expensive For Artists gothamist.com Among the cities measured, only New York City had graduated state and local income-tax rates as of 2011. This means that the income-tax rate rises as individuals' earnings rise. In 2011, a family of three with two working parents earning $25,000 a year paid no income tax while a similar family earning $150,000 per year paid $12,464 in income tax--more than such a family would pay in any other city reviewed. No other city measured had a higher city-level sales tax than New York City's 4.5%. This contributes to an effective sales tax rate of 8.875%, among the nation's highest. online.wsj.com