Day: January 19, 2021💾

Should the wealthy pay more in taxes then they get in government services? 🧐

Few things make me cringe more than hearing the term of donor state. It is the idea that the wealthy states and therefore wealthy people should pay no more in taxes than they get back in services.

But that entirely goes against the concept of progressive taxation – those who are able to contribute more should contribute more. New York, with Wallstreet and the most populous and important city in the nation, is incredibly wealthy. Not all New Yorkers are incredibly wealthy but as a collective state, we are one of the richest.

Rather than complaining about how a portion of the super rich’s tax dollars go to help children get dental care in West Virginia or healthy food in Kentucky – we should be happy to help those in need. We have plenty of resources to take care of people in New York State if we tap the existing wealth in the state.