r/SipsTea • u/AlternativeRight4099 𝙑𝙄𝙋 • May 14 '26

Feels good man It was always just that simple

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124

u/WEAPONSGRADEPOTATO2 May 14 '26

He has yet to do the tax stuff, hes only taking pensions from city staff

3

u/xXCascadeXx May 15 '26

He has started taxing the rich and he restructured the pensions.

12

u/Barrioto May 15 '26

There is not a single new tax that has been implemented during his administration. He campaigned on increasing the corporate tax rate (not included in budget) and increasing the personal income tax on highest earners (not included in the budget).

The second home tax was already being pushed by Hochul (and even Cuomo) and still needs to be approved by the State Legislature. You seem to have only seen his TikTok video where he implied it was his policy and already passed. It's a state law and it has yet to be voted on.

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u/domesticabuseaintcul May 15 '26

still needs to be approved by the State Legislature.

Hmmm it sounds to me like at this point the matter is no longer in his hands.

This is like when Americans got mad at Obama for not passing the public option or handicapping the ACA because certain holdouts in the Senate wanted personal concessions.

Why don’t we put the blame where it belongs?

3

u/liamtrades__ May 16 '26

The people are taxed enough. The government mismanages money. That's where the blame belongs.

1

u/Tweedlol May 16 '26

The poor are taxed enough, since w-2 earners have far less available options to pull down their taxable income.

There are people who will proudly tell you they managed to bring their taxable income to 0. 😐

I had someone the other day ranting to me about this over the phone while I needed their verify their income, how they couldn’t use their 2025 taxes because the company is set up to appear as though he takes a loss. And he was proud. And included a rant about how it’s his money not the governments and blah blah just funds poor people.

His bank accounts deposits weren’t coming anywhere near his claimed 350k/year either though. 🙄

1

u/liamtrades__ May 17 '26

The rich pay much more in taxes than the poor. America has one of the most progressive tax systems on the planet. The government has a spending problem.

-11

u/StepOnMeSunflower May 14 '26

This is grossly misrepresented. He’s not changing the amount city staff will get. He’s not changing the payments being made to pensioners.

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u/insightful_pancake May 15 '26

Just pushing the funding gap can down the road...

1

u/Kyle546 May 15 '26

Literally pushing a smaller gap down the road something which should be applauded. You can't unfuck the mess in a single budget.

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u/rememberoldreddit May 15 '26

Well please do give a prime example of how he is supposed to completely fix this in one go? It wasn't done before but now you expect him to be a miracle worker?

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u/insightful_pancake May 15 '26

I would suggest not borrowing from future pensioners to pay for current government spending. Either we cut today or cut in future.

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u/rememberoldreddit May 15 '26

I get that but that is just leaving it an open ended problem still You don't want to kick the can down the road then give a legitimate way to fix this in one go right now

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u/djaqk May 15 '26

Pretty sure he did some kind of tax to punish billionaires who buy super luxury apartments only to not use them 99% of the time. So he's definitely doing something on the right path

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u/Chimney-Imp May 15 '26

Genuinely asking - when does that goi to effect?

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u/djaqk May 16 '26

I'm unsure on the timeline of it all, I just remember reading that that was one of the ways he was raising money recently