deal or no deal
Mayor Bill de Blasio and Gov. Andrew Cuomo met behind closed doors today for about an hour in Albany, but appeared no closer to a resolution on their heated dispute over how to fund an expansion of pre-K.
Speaking to reporters in the capital, Mr. de Blasio repeatedly described the conversation as “productive” but said his plan to up taxes on the city’s wealthiest residents remains the “only reliable plan on the table.” Mr. Cuomo insists he can fund pre-K across the state with existing funds.
New York voters prefer Gov. Andrew Cuomo’s plan to fund universal pre-K with existing state money over Mayor Bill de Blasio’s plan to raise funds by taxing the rich, according to a new poll that is the latest bad news for the mayor’s signature plan.
A new Quinnipiac University poll out this morning shows that city voters back the governor’s plan to fund pre-k with no new tax over Mr. de Blasio’s plan to tax the city’s highest-income earners by a 49-40 percent margin–just within the poll’s margin of error. The number is higher, 47-37, across the state.
As part of a continuing effort to keep residents’ lungs pink and healthy (as well as make as much money as possible from those who choose to inhale), the city of New York has filed a lawsuit against a Chinatown establishment that sells tobacco and rolling papers and encourages customers to roll their own packs in the store. The average price for a self-created cigarette pack? Four to six dollars.
“By selling illegally low-priced cigarettes,” said the lawsuit, “defendants not only interfere with the collection of city cigarette taxes, they also impair the city’s smoking cessation programs and impair individual efforts at smoking reduction, thereby imposing higher health care costs on the city and injuring public health.”
(That last part might ring truer if New Yorkers were still allowed to smoke in public spaces.) But by focusing on these “roll your own cigarette” joints–which actually fall into a legal gray area–the city has overlooked the actually illegal underground cigarette trade in New York.
According to new regulatory filings, Google avoided paying $3.1 billion in taxes over the last three years through complex financial tactics known as the “Double Irish” and “Dutch Sandwich”
Bloomberg reports that Google’s overseas tax rate is 2.4%, lower than what competitors like Apple and Microsoft paid. In fact it was the lowest Read More