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New York - Bernie Sanders Backs 'Millionaires' Tax' To Fix New York Subway

Published on: October 30, 2017 05:31 PM
By: Reuters
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NYC Mayor Bill de Blasio and U.S Senator Bernie Sanders ride the subway from Penn Station to Fulton Street where the two made an announcement regarding the Fair Fix Millionaire’s Subway Tax proposal on Monday, October 31, 2017. (Edwin J. Torres/Mayoral Photography Office.)NYC Mayor Bill de Blasio and U.S Senator Bernie Sanders ride the subway from Penn Station to Fulton Street where the two made an announcement regarding the Fair Fix Millionaire’s Subway Tax proposal on Monday, October 31, 2017. (Edwin J. Torres/Mayoral Photography Office.)

New York - New York City Mayor Bill de Blasio’s fight for a “millionaires’ tax” to help repair the country’s largest subway system got a boost as U.S. Senator Bernie Sanders, one of the nation’s most popular politicians, endorsed the plan on Monday.

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“What the mayor is saying and what we should be doing in Washington is we say to the wealthiest people in this country: ‘You know what, you need to start paying your fair share of taxes,’” Sanders said at a news conference with de Blasio at a Manhattan subway station that began a little late after train delays.

An independent senator from Vermont who espouses democratic socialism, Sanders lost the Democratic Party’s 2016 presidential nomination to Hillary Clinton but remains an influential voice on the party’s left wing and repeatedly tops opinion polls of the country’s most well-liked politicians.

De Blasio wants a state tax hike on people making more than $500,000 a year, saying it would generate hundreds of millions of dollars for repairs and upgrades to the century-old subway system.

NYC Mayor Bill de Blasio and U.S Senator Bernie Sanders ride the subway from Penn Station to Fulton Street where the two made an announcement regarding the Fair Fix Millionaire’s Subway Tax proposal on Monday, October 31, 2017. (Edwin J. Torres/Mayoral Photography Office.)NYC Mayor Bill de Blasio and U.S Senator Bernie Sanders ride the subway from Penn Station to Fulton Street where the two made an announcement regarding the Fair Fix Millionaire’s Subway Tax proposal on Monday, October 31, 2017. (Edwin J. Torres/Mayoral Photography Office.)

His plan, to increase the tax rate on an individual’s income above $500,000 to 4.41 percent from 3.876 percent, would also fund half-price bus and subway rides for up to 800,000 of the city’s poorest residents.

But New York state, not the city, runs the subway through the Metropolitan Transportation Authority. Governor Andrew Cuomo, a fellow Democrat, has dismissed de Blasio’s plan, saying a tax hike would not get through the Republican-controlled New York Senate. Cuomo has proposed charging drivers a toll to enter parts of Manhattan, but de Blasio has said that would put the burden on the city’s poorer outer boroughs.

Sanders, a New York City native, was due to join de Blasio later on Monday at a campaign rally ahead of next week’s mayoral election. Polls show de Blasio comfortably winning a second term against Republican challenger Nicole Malliotakis and independent candidate Bo Dietl.



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Read Comments (13)  —  Post Yours »

1

 Oct 30, 2017 at 05:36 PM Anonymous Says:

Make a Chinese Auction!

2

 Oct 30, 2017 at 06:50 PM yamsar Says:

Yea I agree a set percentage for everybody equally. That would be fair share.

3

 Oct 30, 2017 at 07:04 PM Mark Levin Says:

Bernie Sanders is a typical socialist liberal Democrat who has the slightest inkling on economics. The fact that the top 20% of earners ALREADY pay 90% of the tax revenue to the IRS doesn't mean anything to him because it goes against his false narrative.

What a tipish!!!

4

 Oct 30, 2017 at 07:09 PM grandbear Says:

These two phonies , let on that they are for the working class. They both own several pieces of valuable real estate and expect the support of the working class.

5

 Oct 30, 2017 at 07:15 PM Anonymous Says:

Reply to #2  
yamsar Says:

Yea I agree a set percentage for everybody equally. That would be fair share.

I don't take the subway, and I don't want to pay a penny more for a "better" subway system.

6

 Oct 30, 2017 at 07:51 PM Just Wondering.... Says:

Why do millionaires have to pay for everything?

7

 Oct 30, 2017 at 08:02 PM bennym Says:

The MTA does not need more money. They are wasting BILLIONS on their corrupt union contracts. Before talk of any tax, they need to open their books and show where is all the money going???

Records show that the MTA has record ridership. If a corporation would say that are doing record sales but they are still losing money - what would ownership do? They would fire the entire management. The state and city need to tell the MTA, you want another penny - open up the books to an independent auditor

8

 Oct 30, 2017 at 08:38 PM Anonymous Says:

This is like hillary ...Who asked Bernie to mix into NY business ???We have enough "Leftists " screwing things up !!!

9

 Oct 30, 2017 at 09:44 PM AmYisroel Says:

So NYC is going to reelect the commie "if he had his druthers" dictator?
Remember this is his last election as mayor so he can do whatever he wants when he wins and try to be the dictator he wishes he was

10

 Oct 30, 2017 at 10:10 PM Anonymous Says:

Reply to #6  
Just Wondering.... Says:

Why do millionaires have to pay for everything?

Because they have the money.

11

 Oct 30, 2017 at 10:10 PM Anonymous Says:

Reply to #6  
Just Wondering.... Says:

Why do millionaires have to pay for everything?

Tax the commuters!

12

 Oct 30, 2017 at 11:02 PM Anonymous Says:

Reply to #5  
Anonymous Says:

I don't take the subway, and I don't want to pay a penny more for a "better" subway system.

"I dont take the subway" too bad i don't send my kids to public schools, I don't need police etc. You live in the 21st Century.

13

 Oct 30, 2017 at 11:03 PM Anonymous Says:

Reply to #6  
Just Wondering.... Says:

Why do millionaires have to pay for everything?

"Why do millionaires have to pay" Because they take all the available money earned by the people.

14

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