Taxing the rich can not dig NY out of the abyss, below are just three averages to show $200,000 is far from ‘rich’ in NYC and many areas around NYS…but Sheldon Silver could care less about New Yorkers or their survival, it is all about the socialist special interests…..New York City is Number 1 in food costs in the US….Insurance also the most expensive, shown is just Health care, add to that renters or home insurance, car insurance and that number skyrockets…
Average NYC Rentals
New York City Rental Averages
| Type | Bedrooms | Average |
|---|---|---|
| Apartment | 1 Bedroom | $2,359 |
| Apartment | 2 Bedroom | $3,674 |
| Apartment | 3 Bedroom | $4,561 |
| Apartment | 4 Bedroom | $5,964 |
| Apartment | Studio | $2,313 |
| Condo-townhome | 1 Bedroom | $700 |
| Condo-townhome | 2 Bedroom | $1,345 |
| Condo-townhome | Studio | $1,450 |
| Single family home | 3 Bedroom | $1,145 |
| Single family home | 4 Bedroom | $4,200 |
Family of 4 in New York City, three manditory areas where wages go…
Average Rent $4500 x 12 $54,000
Average food budget $13,079
average monthly premium for family health coverage $4,354 x 12 $52,248
————–
$119,327
ALBANY — Retaining higher income-tax levels for the wealthy appears increasingly unlikely as opposition by Senate Republicans and Gov. Andrew Cuomo remains unwavering, Assembly Speaker Sheldon Silver said Monday.
Cuomo and Republicans have been firm in saying that the 2011-12 budget wouldn’t contain broad tax increases, and Cuomo has said that keeping a higher income-tax bracket for those making more than $200,000 a year would be a new tax.
Silver, D-Manhattan, emerged Monday from a closed-door budget meeting with Cuomo saying the tax is unlikely to be kept. It expires at the end of the year and has brought in as much as $5 billion annually in revenue since it was established in 2009.
“Is it dead?” Silver responded to a reporter’s question. “I think there are members of my conference who think it’s very much alive. I think the Assembly conference would support it. The governor has indicated he opposes it. The Senate has indicated (it) opposes it. Unless we can figure out a way that our conference can override those two objections, the likelihood of it actually being put into law, I recognize are pretty poor.”
Unions and education groups are urging the Legislature and the governor to keep the tax in lieu of cuts to education and health care. School aid, for example, is to be cut by $1.5 billion, or by 7 percent.
Groups in support of keeping the tax are expected to rally today outside the Capitol.
In 2008, roughly 321,000 New Yorkers earned more than $200,000 a year, according to the state Department of Taxation and Finance. That was up from nearly 293,000 in 2006.
The largest number of upper-income New Yorkers lived in New York City, with 131,290 people earning more than $200,000. http://www.democratandchronicle.com/article/20110301/BUSINESS/103010316/Silver-Tax-rich-faces-strong-opposition
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