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.
10 Ways to Avoid a Tax Audit
10 Ways to Avoid a Tax Audit We have culled together multiple lists to identify the top 10 ways to avoid a tax audit. We will list our top 10 at the bottom of the article. If you’ve never been audited by the IRS, you’re likely doing a lot of things correct. However, if you’re…
Andy Mitts – Host of Blue Wings Rising Podcast
Sports has always been Andy Mitts passion. When he was dissatisfied with the coverage that he was getting, he decided to create his own podcast where he would cover what he wanted. Listen to his story as he chased his dream. Transcript of Andy Mitts – Host of Blue Wings Rising Podcast: Alan Olsen:…
Tara Renze – How to Truly Be Yourself
How can you Become the Best you? Book author, Tara Renze, describes her journey in writing a best selling book on how to become the person you were meant to be. Listen as she tells her story of chasing her dreams and achieving them. Transcript of Tara Renze Interview, How to Truly be Yourself, by…
Eric Ball – General Partner for Impact Venture Capital
Venture capital is a tricky game to play, but Eric Ball has it down to a science with Impact Venture Capital. Since starting the firm, he has been able to assist many successful startups as they venture into the world of business and technology development. Learn how he has found success living the American Dream…