Tuesday, October 20, 2015

She never met a tax she didn't like

From Crains:

Memo to City Council Finance Committee Chairwoman Julissa Ferreras-Copeland: Guest speakers at Citizens Budget Commission breakfasts should expect a question from Alair Townsend, the former deputy mayor and retired Crain’s New York Business publisher.

And that question will be: What two taxes would you cut to make the city’s businesses more competitive?

The Townsend test is something of a rite of passage for city policymakers. For Ferreras-Copeland, it came Wednesday at an event in midtown.

She did not pass.

The councilwoman, queried at the podium by Townsend, was unable to name even one tax she would cut.

After a brief silence, Ferreras-Copeland recovered a bit. “I’m going to take your question as a challenge,” she said, and promised to have an answer the next time the Citizens Budget Commission invites her to speak.

Asked for her reaction to Ferreras-Copeland’s answer, Townsend said she was “disappointed but not surprised.”

The former Koch administration budget director and deputy mayor explained, “Council members rarely think about cutting taxes. They are all about spending. They mostly respond to tax cuts initiated by the mayor, and these have not been forthcoming.”

4 comments:

Anonymous said...

Why should she want to cut business taxes? Why not ask her about the personal income tax rate for NYC residents and cutting that?

Anonymous said...

Cut taxes.. ha ha ha. She didn't answer because she thought it was a joke.

Irwin R. Schyster said...

The councilwoman, queried at the podium by Townsend, was unable to name even one tax she would cut.

But she was able to think of at least 12 NEW taxes that she would implement!

Anonymous said...

"Cut the city income tax."

That wasn't very hard, took me all of 3 seconds to think of it. Anyone who pays their own taxes would think the exact same thing. I can't think of a second one off the top of my head, but I'm not a professional politician either.