Forget the tax, just cut spending
After reading the piece on pied-à-terre taxes, I couldn’t help but wonder when I might read a story about State Senators, City Council members, or the mayor suggesting we actually cut back on certain types of expenses to help pay the bills that come due.
Rather we live in an era where spending more, increasing benefits paid for and entitlements is the annual plan and the solution is always another, or an increased, tax.
Slowly read the story about this proposed tax. It is a tax on people who “are not subject to city or state income taxes” because they are not permanent residents. They pay real estate taxes, maintenance of their homes, employ people and pay our generous sales taxes when they spend money here. But we want to tax them so we can have enough capital to offer early retirement at 50 percent of the final year’s wages to city employees.