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.
Mastering Age Reversal with Richard Rossi
Introduction, in this interview, Alan Olsen, CPA, MBA discusses age reversal and AI with Richard Rossi, Founder, daVinci50. Transcript (software generated): Richard Rossi And I don’t know if you remember the day, chat GPT first came on your radar. For me, it was my birthday, the 13th of January of this year. And I’ve never…
Ken Neumann Unlocking Optimal Nutrition Strategies for Health and Well-Being, Founder and CEO of Youtopia
See Ken Neumann‘s recent interview with Alan Olsen about nutrition and Youtopia: https://youtu.be/wJF155EiM8I As a Nutritionist, Ken is a renowned expert in the field of health and nutrition, having spent years researching and developing innovative strategies for optimal nutrition. As founder and Chief Executive Officer of Youtopia, he has dedicated his life to helping people…
Using Nutritionists to Prepare Amazing Meals Personalized For You
In this interview, Alan Olsen talks with Ken Neumann‘s about nutrition and Youtopia Interview Summary: As Ken Neumann wanted to share his God given talents with others, he started a business called, “Youtopia”. It started off as a simple question, “Is there a way to increase the nutritional value for those who have some type…
The Economic Benefits of Hosting The Super Bowl
The Economic Benefits of Hosting the Super Bowl Written by Traci Bullock. What is the Super Bowl? Arguably, the most popular US sporting event of the year. The Super Bowl features the best two teams from the NFL’s American Football Conference (AFC) and National Football Conference (NFC) competing for the Vince Lombardi Trophy, named after…