I am part owner of a taxi company. Taxes were due Jan. 31, 2012 for income earned in the fourth quarter of 2011. In the packet I received, there was a new tax to be paid. Even though ours is a small company, it will cost us hundreds of dollars. This is to repay the Federal Government what New York State had to borrow to cover the extension of unemployment insurance.
That's right. Every time the Feds extend unemployment insurance, New York has to borrow the money. New York is broke. The money has to be borrowed, with interest. Who is on the hook for this borrowed money? Private sector businesses.
It is yet another unfunded mandate that businesses are expected to pay. It is yet another drain on disposable income businesses could use to buy inventory or hire people. It is yet another cost passed down to the consumer. It is yet another example of political compassion with other people's money.
DO YOU AGREE WITH BAZZO? TELL US BY CLICKING ON THE "COMMENT" BUTTON.
Frankly, by your definition, any creative person--struggling to make a living writing, painting, making music--is also not in a "real" business. Where exactly does your definition end? What's "real" is what satisfies ones own need for self-actualization and put bread on the table.
Public policy designed to help workers who lose their jobs can lead to structural unemployment as an unintended side effect. . . . In other countries, particularly in Europe, benefits are more generous and last longer. The drawback to this generosity is that it reduces a worker's incentive to quickly find a new job. Generous unemployment benefits in some European countries are widely believed to be one of the main causes of "Eurosclerosis," the persistent high unemployment that affects a number of European countries. That textbook was written by none other than Paul Krugman, Obama’s de-facto economic advisor and intellectual father of the $800,000,000 stimulus (remember that?). Before we continue to liberate Bazzo from his hard-earned money, perhaps we could stop and consider whether Bazzo's money is best spent by the government this way, or if Bazzo could do a better job.
I have never said my name is false as it is a violation of the terms for the Patch. I do not need to speak to you because to waste my time on a "taker" like you reduces my time to "produce". Unlike you I pay taxes and provide employment for a number of people. You only consume and contribute to the amount of greenhouse gas by spewing your hot air. Judging from your past documented actions you are incapable of dealing with anything like a "gentleman".mytownrepowww.rt.com/index.php?option=com_content&view=article&id=1216:village-races-wrap-up&catid=34:news&Itemid=53
Let me get this straight. When a homeowner loses their job they should never have to leave their homes "under any circumstances" even if they can no longer afford to pay for them?
Hopefully, you will never know what it's like to face these financial challenges but many others aren't that fortunate.
People throughout New York pay taxes, whether it be for a pack of gum, a gallon of gas or a shirt, they (we) pay taxes. That money then goes towards people who live in low income housing while under-reporting their incomes, if reporting them at all. They are then able to sustain in these $6-$8 per hour off the book jobs, instead of the employer paying the $12-$18 per hour needed to survive. Unemployment should be limited to 1 yr. Then, when people "run out" the realism of this serious situation will set in and the Governemnt will have to fix this whole economic mess they've got us into.The Government keeps giving, giving, giving, soon it will run out, hyper-inflation will set in as the American dollar sinks in value, and I'll say "I told you so".
Seriously, 2 years of collecting unemployment is ridiculous.
Bazzo 02/18/12
Second point: I notice posts have been deleted by the editors of Patch. It's their choice if a post violates their terms of service. However, often their rules are selectively enforced. Examples: On 02/14/2012 someone wrote: You sir are a fool. ... You insinuation otherwise tempts me to flag this as inappropriare. However I will just flag you as a jerk afraid to use their own name ... " Then on 02/18 it was written: "You are still a fool ... " Sometimes there is no other way to say "You're a jerk!" And posts such as these I find someone's being human and should not be removed.
Your info. is totall incoorect. No wonder you don't use your real name, then every one would know you to be a dunce. Bazzo 02/18/12
Get a new accountant H&R block does not cut it for such a BIG taxpayer.