We think you're near Los Angeles

Currently in Los Angeles

Location: Los Angeles Current temperature: 50°F: Current condition: Mostly Cloudy See Extended Forecast

New York to tax your iPod, Coke and Pepsi

New York is having as much luck these days with governors as New Jersey has had over the past few years!

Just when you think that New York is starting to calm down after whoremonger former Gov. Eliot Spitzer slithers into the background, Gov. Paterson announces a laundry list of new taxes. Among them, a proposed iPod tariff where users are taxed for downloading music.

The other taxes that he's proposing will have a direct impact on business, and as it relates to the retail sector, it will drive people to New Jersey and Pennsylvania to save money, especially as gas prices remain low.

While I am not in favor of taxing the “rich”, I thought that the Democrats were going to go after high-income earners. Clearly most of Paterson’s tax proposals will adversely impact low- to middle-income families, small businesses and schoolchildren.

Rather than raising taxes in the manner that Gov. Paterson has proposed, why not do some innovative things such as:

  1. Consolidating smaller towns, townships, hamlets and boroughs into larger cities to reduce costs. I have written about this previously.
  2. Tax the corporations who have corporate headquarters in New York, but who ship jobs overseas to lower-wage paying countries.
  3. Have the United Nations move out. How many millions of dollars and valuable resources does this albatross suck out of New York’s budget?
  4. When “celebrities” come to New York, rather than provide them with police protection at no charge, have them pay for requested security.
For more info: Scott Gingold has been helping clients turn their red ink into black ink for over three decades, as well as assisting clients in their quest to grow their businesses. For more information, drop Scott a line.
Advertisement

By

Business News Examiner

Scott Gingold has a diverse background in both market research and business consulting. He is a pioneer in the field of online research.

Comments

  • DC Dogs Examiner 3 years ago
    Report Abuse

    The idea to raise taxes does wonders for me. It encourages me not to spend at all!
    Thanks for the article.
    ----Mic

  • Cynthia 3 years ago
    Report Abuse

    The word is 'slithers', not 'slivers', Mr. Gingold. Eliot Spitzer was not doing anything that most of the other politicians aren't doing, he just was exposed by somebody who had it in for him. He had the grace to be embarassed about it at least, and not be a boldfaced liar like Clinton, who denied culpability and stayed in office even though he was caught in extramarital shenanigans and the ensuing scandal. Clinton was caught a few times, in fact. Remember Paula Jones? The brouhaha about Spitzer from the other politicos was strictly the pot calling the kettle black. They are a bunch of hypocrites.

  • rich 3 years ago
    Report Abuse

    While I am not in favor of taxing the “rich”. what kind of crap is that. if anything they should be taxed more. while there living tax free us poorer people are paying more in taxes. we have to pay our taxes plus there taxes.

  • aaron myers 3 years ago
    Report Abuse

    How come the article mentions a republican Gov. but not the DEMOCRAT GOV from Ill who was just busted trying to sell a SENATORs SEAT! umm whats worse getting a prostitute, or selling a SENATORSHIP ummmm But this tax is junk never the less, just a good ole gov't taking more our money to give away to crooked CEOs

  • Mark 3 years ago
    Report Abuse

    There's one more reason not to live in New York. What's next-a clean air tax? I live in TX, so my idea of rich is considerably different than a New Yorker's idea of "rich," but shifting a disproportionate tax burden to any class is a bad idea.
    One thing the Democrats have not figured out is that, for better or worse, rich people and large corporations do not take tax increases lying down. They lay off workers, or reclassify employees as contractors to avoid payroll taxes, or hire convicted felons or welfare recipients (instead of upstanding citizens) to receive a temporary tax credit.
    With that being said, why has no CEO lost their job over the financial crisis? This could be an elaborate attempt by the government to weaken the middle class by rendering their retirement accounts worthless, and take up large stacks in private business as well. Just my opinion.

  • Mark 3 years ago
    Report Abuse

    There's one more reason not to live in New York. What's next-a clean air tax? I live in TX, so my idea of rich is considerably different than a New Yorker's idea of "rich," but shifting a disproportionate tax burden to any class is a bad idea.
    One thing the Democrats have not figured out is that, for better or worse, rich people and large corporations do not take tax increases lying down. They lay off workers, or reclassify employees as contractors to avoid payroll taxes, or hire convicted felons or welfare recipients (instead of upstanding citizens) to receive a temporary tax credit.
    With that being said, why has no CEO lost their job over the financial crisis? This could be an elaborate attempt by the government to weaken the middle class by rendering their retirement accounts worthless, and take up large stacks in private business as well. Just my opinion.

  • Tim 3 years ago
    Report Abuse

    NY is full of great examples of government waste. Take Orleans county as an example. The entire county consists of approximately 44,000 people and covers just over 800 sq. miles (most of which is water). For some reason this county feels they need FIVE separate school districts, one for each campus. The cost savings of having just one superintendent would be significant, let alone cost saves from consolidating contracts with vendors and bulk purchasing to name a few.

  • Margaret 3 years ago
    Report Abuse

    At Walgreen's in NYC: 2 liter Coke Classic $1.49 and 2 liter Diet Coke $1.89. Tax on sugary drinks is a nifty idea and it will not scare them away. Look at the cigarette tax, they still smoke anyway. I doubt there would be a NY Coke Party.

  • Andy 3 years ago
    Report Abuse

    1 in 4 children in New York are obese.

    They are the first generation that will not outlive their parents.

    Raising taxes on regular soda (not diet) may not deter them through the slight increase in cost, but it does generate news and passes this statistic throughout the state.

    Win/win for the state. Healthier citizens if they don't drink regular soda, more tax revenue if they do.

Add a new comment

Join the conversation! Log in here or create a new account if you've never registered before.

Got something to say?

Examiner.com is looking for writers, photographers, and videographers to join the fastest growing group of local insiders. If you are interested in growing your online rep apply to be an Examiner today!

Don't miss...