New York Mayor Wants to Improve Subway System With the Wealthy’s Money
New York Mayor Wants to Improve Subway System With the Wealthy’s Money
Have you taken a ride on New York’s Subway system recently?
If you have then you might have noticed that it’s in need of some work. Like many other forms of infrastructure, the Subway is getting old and worn down from years of use and lack of upgrades and repairs.
Of course, this is a problem that the mayor of New York would like to fix. So how does Mayor Bill De Blasio plan to do this? As you might have guessed he wants to raise taxes. However, he’s not looking for everyone to help foot the bill. He wants the state’s wealthiest individuals to pay a little more to help improve the system for everyone else.
According to the recently announced proposal, the mayor wants to increase the tax rate on anyone that makes more than $500k from 3.876 percent to 4.41 percent. His plan would also assist in the funding of half-price subway and bus rides for as many as 800k of the area’s lowest income individuals.
We hope you found this article about “New York Mayor Wants to Improve Subway System With the Wealthy’s Money” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe to our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness. True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges.
Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
Networking: Is Your “Game” up to Par?
Networking: Is Your “Game” up to Par? By Alan Olsen How’s your “game?” Everyone wants “game” and most people claim to have “game” but how good is your game when it really comes time to be tested? If your game isn’t really where you want it to be then it’s time to start trying to…
Top 5 Best Places to Own a Home Overseas
Are you looking for the top 5 best places to own a home overseas? If so, we have a few suggestions for you. Medellin, Columbia At first thought, you might not expect to find Columbia on this list, but the city of Medellin has so much to offer, making it a great place to own…
Don’t Gamble With Your Taxes: Read the Fine Print About Incorporating in Nevada
Don’t Gamble With Your Taxes: Read the Fine Print About Incorporating in Nevada Source: FTB Publication 689 Posted: 3/2/2010 Ever wonder about those ads that promise big tax savings for incorporating in Nevada? While there is nothing inherently wrong with incorporating or registering in Nevada or any other state for that matter, we do see…
Doing Business in the United States
Doing Business in the United States By Alan Olsen, CPA 67 Pages $24.95 + $2.00 S/H Alan L. Olsen, CPA, MBA (tax) Foreign Corporations, Individuals and Trusts The booklet can be purchased vis this “link“. It discusses the basic issues of foreign corporations and individuals wishing to do business in America. This booklet contains detailed…