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| Re: Cuomo Reluctant To Dig Deep For New Hudson Rail Tunnel (1363146) | |||
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Re: Cuomo Reluctant To Dig Deep For New Hudson Rail Tunnel |
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Posted by Stephen Bauman on Tue Aug 18 16:50:28 2015, in response to Re: Cuomo Reluctant To Dig Deep For New Hudson Rail Tunnel, posted by shiznit1987 on Tue Aug 18 16:08:06 2015. The bigger picture is the region rises or sinks as a whole.When somebody makes an appeal to the greater good, it's time to hold onto one's wallet. NY completes against the low tax states for middle income jobs The problem is that NJ is one of those low tax states that raided NYC for middle income jobs. If this is a regional issue, then taxes ought to be uniform throughout. Is NJ willing to raise its taxes to NYC's levels to become a "regional" player? ...and against global centers like London, Tokyo, Duabi, etc for high-income jobs. NYC living costs are considerably below those of London and Tokyo. As it stands right now, NY isn't offering either the financial incentive the low cost areas do or the whiz-bang infastructure the global centers do. We really do need to step our game up. According to NYS Controller's report, from 2009 to 2014 NYC experienced an employment growth in excess of 11% and a wage growth of approximately 27%. Both figures are considerably better than the US average. They are even more ahead of London's and Tokyo's. I'd say NYC has stepped up its game. Its current problem is that those left behind want a piece of its action. |
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