T: Is for Taxes

Expect to pay .5 percent more in sales taxes. Bloomberg's plan includes $3.4 billion in closing city agencies. So homelessness and mental patients will abound. In the meantime we have a great new stadium. Why not tax the stadium to make back what it cost? What about the bottle bill? That brings in $55,000.000. What is the bottle tax? 5-cent deposit on soda and beer bottles and cans. The new bill hopes to expand to include water, juice, tea and sports drink containers as well. In the governor’s executive budget plan, an estimated $118 million could be raised from the 5-cent bottles that go unclaimed. From 2005 to 2006, New Yorkers redeemed 68 percent of bottles and cans, according to the Container Recycling Institute, a Washington, D.C.-based nonprofit research organization. The deposit money from the remaining 32 percent of unclaimed deposits totaled $144 million, all of which goes back to the beverage companies to handle and process the empty beverage containers. Not only does this little bit bring our city much needed cash but saves the environment. Toll the bridges. You don't live here and pay the taxes, then why the break? The cost $830,000.00. Same thing for the commuter tax. Another $755 million.

Wouldn't it be nice if New York City for once gave back to the people who live here? This city unlike any other city puts its residences last and that is a F.A.C.T.