Why is the government allowing huge bonuses to anyone associated with GM when the taxpayers have yet to be paid back for saving every GM employee's job?
Sorry, but no one at any bailed out company,from banks to auto manufacturers, should get a penny more in raises or bonuses until the taxpayers are 100% repaid. That goes for every level of the business, including union workers.
Frankly, I almost want to puke when I hear union members associated with GM talking about how they deserve their bonuses and such because of what they sacrificed. The one thing that did not have to sacrifice was their job ... and that had nothing to do with any of their own actions.
Here in Youngstown, we pay one of the highest income tax rates in the state. (2.75%) This is in an economically depressed area. I asked my councilman why the taxes are so high, and he gave me crap about how binding arbitration has eliminated strikes, and how it's so wonderful that we can live without fear of anyone going on strike.
That's all well and good, but we are still killing the city with this idiotic tax rate.
Very few employers will move a business into the city if they have to pay 2.75% in income tax, when they can move a few miles away to Boardman, Austintown, and so on and pay nothing. We wind up giving away tax abatements to try and attract businesses, while the working man continues to shoulder the burden.
The city income tax rate cannot drop until such time as public employee contracts can be brought under control.
Anyone can go online to the Ohio Treasurer's website and see just how much local and state employees, and teachers make. The website is http://ohiotreasurer.gov/State_Salary
I would be interested to know, if anyone can tell me .... how many private sector employee taxpayers are there in the city of Youngstown, compared with the number of city and local public sector employees?
Lordstown workers receive $9,000 in bonuses
Why is the government allowing huge bonuses to anyone associated with GM when the taxpayers have yet to be paid back for saving every GM employee's job?
Sorry, but no one at any bailed out company,from banks to auto manufacturers, should get a penny more in raises or bonuses until the taxpayers are 100% repaid. That goes for every level of the business, including union workers.
Frankly, I almost want to puke when I hear union members associated with GM talking about how they deserve their bonuses and such because of what they sacrificed. The one thing that did not have to sacrifice was their job ... and that had nothing to do with any of their own actions.
November 2, 2011 at 5:52 p.m. permalink suggest removal
2 sides of Issue 2
I will be voting YES on Issue 2.
Here in Youngstown, we pay one of the highest income tax rates in the state. (2.75%) This is in an economically depressed area. I asked my councilman why the taxes are so high, and he gave me crap about how binding arbitration has eliminated strikes, and how it's so wonderful that we can live without fear of anyone going on strike.
That's all well and good, but we are still killing the city with this idiotic tax rate.
Very few employers will move a business into the city if they have to pay 2.75% in income tax, when they can move a few miles away to Boardman, Austintown, and so on and pay nothing. We wind up giving away tax abatements to try and attract businesses, while the working man continues to shoulder the burden.
The city income tax rate cannot drop until such time as public employee contracts can be brought under control.
Anyone can go online to the Ohio Treasurer's website and see just how much local and state employees, and teachers make. The website is http://ohiotreasurer.gov/State_Salary
I would be interested to know, if anyone can tell me .... how many private sector employee taxpayers are there in the city of Youngstown, compared with the number of city and local public sector employees?
November 2, 2011 at 5:22 p.m. permalink suggest removal