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New York Gov. Kathy Hochul Proposes $300
‘Inflation Refund’ Payments

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Posted By: mc squared, 12/10/2024 11:20:33 AM

New York Gov. Kathy Hochul has proposed a one-time $300 payment to individuals earning $150,000 or less, and $500 to couples making $300,000 or less, her office announced Monday. In what would be the state’s first “Inflation Refund,” Hochul wants to send about 8.6 million New Yorkers a few hundred dollars starting in fall 2025 if approved by the legislature, an official press release stated. Around $3 billion in taxpayer funds would be allocated for the payments, which the governor called a “break” for her constituents. .“Because of inflation, New York has generated unprecedented revenues through the sales tax — now, we’re returning that cash back to middle class families,

Comments:

Industrial cynicism from the Witch of Albany. NY collected too much in taxes so she's throwing 'cake' at the proles.

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Reply 1 - Posted by: VietVet68 12/10/2024 11:26:43 AM (No. 1852021)
This is Hochul hoping that throwing a few bucks at New Yorkers will make them forget her congestion pricing scam in time for the 2026 election.
27 people like this.

Reply 2 - Posted by: Northcross 12/10/2024 11:30:41 AM (No. 1852027)
Classic liberal lunatic thinking. Redistributing money from the citizens of New York back to the citizens of New York is going to relieve their financial distress.
20 people like this.

Reply 3 - Posted by: GreatGreyhounds 12/10/2024 11:31:01 AM (No. 1852028)
I guess reducing taxes isn't in the cards, eh?
28 people like this.

Reply 4 - Posted by: Safari Man 12/10/2024 11:32:10 AM (No. 1852030)
Karl Marx would be so proud.
25 people like this.

Reply 5 - Posted by: LC Chihuahua 12/10/2024 11:34:13 AM (No. 1852032)
Hochul's 'Let them eat cake' moment. Tone deaf. Don't forget to declare your tax refund as income on your state taxes! What are the odds they will reduce the income levels on this? Anyone remember the Federal Middle Class Tax rebate? Had to make less than 75K a year to get it.
11 people like this.

Reply 6 - Posted by: Nimby 12/10/2024 11:41:45 AM (No. 1852038)
1. Where are the $$ coming from? 2. Why did she wait all these years to help?
14 people like this.

Reply 7 - Posted by: leonardo 12/10/2024 11:45:09 AM (No. 1852043)
The ONLY break that Hochul could give to New Yorkers is her resignation.
32 people like this.

Reply 8 - Posted by: Ragman73 12/10/2024 11:56:52 AM (No. 1852046)
Another liberal p*ssing money away. Anything to buy votes.
18 people like this.

Reply 9 - Posted by: DVC 12/10/2024 11:57:44 AM (No. 1852047)
"Economics " from the Krugman voodoo school. Throw Other People's Money at a problem and see if it will buy votes.
24 people like this.

Reply 10 - Posted by: JimBob 12/10/2024 12:15:58 PM (No. 1852057)
"The American Republic will endure, until politicians realize they can bribe the people with their own money." - Alexis de Tocqueville
21 people like this.

Reply 11 - Posted by: Mizz Fixxit 12/10/2024 12:24:39 PM (No. 1852063)
Liberal democrat politicians are predictable. They should not be so predictable.
7 people like this.

Reply 12 - Posted by: EmilioCavaradosi 12/10/2024 12:35:17 PM (No. 1852071)
This is a sure way to produce MORE inflation—guaranteed. unless she takes an equal amount of money out of the economy by raising taxes and then uses it to reduce the state's debt. Can't somebody give her a course in economics?
6 people like this.

Reply 13 - Posted by: Birddog 12/10/2024 12:38:51 PM (No. 1852076)
Pssst... just LOWER THE FREAK'N SALES TAX
8 people like this.

Reply 14 - Posted by: legalart 12/10/2024 12:43:02 PM (No. 1852078)
I don't live in New York (THANK GOD) and would never live in New York. But allow me to translate, because Hochul will never come clean about any of her mischief: "Before I/my administration get sued into extinction, I'm gonna throw you a few crumbs from the gigantic pie of surplus tax funds I have squeezed out of your life; you can't accuse me of any swindle or fraud ..... after all, you get your money back."
6 people like this.

Reply 15 - Posted by: coyote 12/10/2024 12:43:28 PM (No. 1852080)
Let's see, where will she get the money to do the payout? Print it? what causes inflation? Didn't Friedman say it was printing money.
6 people like this.

Reply 16 - Posted by: Californian 12/10/2024 12:48:23 PM (No. 1852084)
Dummy. Giving out "free" money is one of the causes of inflation.
7 people like this.

Reply 17 - Posted by: mc squared 12/10/2024 1:02:05 PM (No. 1852088)
This is the person who celebrated giving NYers a $6 break by lowering the (never implemented) $15 toll in Manhattan to $9. Such a deal! Even I can do that math. She makes used car salesmen look saintly.
6 people like this.

Reply 18 - Posted by: LanceLink1 12/10/2024 1:15:18 PM (No. 1852094)
I'll help ease the pain caused by inflation by increasing inflation for you. Your welcome.
8 people like this.

Reply 19 - Posted by: chagrined 12/10/2024 2:03:21 PM (No. 1852109)
I feel for the people who live in Upstate New York. Those who live in NYC, and any other locales that actually vote for someone like Hochul. . .**** off!
7 people like this.

Reply 20 - Posted by: enemyofthestate 12/10/2024 2:34:13 PM (No. 1852118)
I suppose $300 would buy off some voters, but I am not one of them. If sales tax revenues are good, how 'bout REDUCING THE SALES TAX PERCENTAGE, Kathy?
6 people like this.

Reply 21 - Posted by: danu 12/10/2024 4:45:39 PM (No. 1852190)
witchul cannot tell her airse from 3rd base.
1 person likes this.

Reply 22 - Posted by: Strike3 12/10/2024 4:54:39 PM (No. 1852201)
Gee, what a nice lady. Bless her heart.
3 people like this.

Reply 23 - Posted by: mifla 12/11/2024 4:05:58 AM (No. 1852470)
The party that caused the inflation and taxed the voters to death are allowing the peasants to scrounge for scraps at the Queen's table.
5 people like this.

Reply 24 - Posted by: thethirdruffian 12/11/2024 6:45:36 AM (No. 1852529)
What an unserious gimmick. Just lower taxes for everyone.
3 people like this.

Reply 25 - Posted by: Krause 12/11/2024 7:32:12 AM (No. 1852546)
That might help...........for that one month!
3 people like this.

Reply 26 - Posted by: Strike3 12/11/2024 7:57:27 AM (No. 1852558)
Food Stamp and SNAP recipients will go to the head of the line. That includes all illegal aliens. Don't make any plans for that $300 if you are one of the actual people affected by inflation.
3 people like this.

Reply 27 - Posted by: Rumblehog 12/11/2024 8:50:26 AM (No. 1852599)
Ever notice how Democrats can never bring themselves to simply CUT TAXES?
3 people like this.

Reply 28 - Posted by: stablemoney 12/11/2024 8:59:03 AM (No. 1852609)
I propose selling all of Hochul's assets and distributing the proceeds to favored individuals.
3 people like this.

Reply 29 - Posted by: Philipsonh 12/11/2024 8:59:15 AM (No. 1852610)
To Reply #19. That is US. We have little to no say as to who is elected to State wide office, the same as other 'blue' State where the major cities rule the election roost.
2 people like this.

Reply 30 - Posted by: Zigrid 12/11/2024 9:42:10 AM (No. 1852653)
Looks like Hochum is getting worried about her next election....these money give aways is always about an election by the democrats....the RNC needs to primary her and remove her from office...and I think President Trump's substantial gains in New York may have her a little worried....let's run Laura Trump against Hochum...that would be fun to watch....or perhaps Cuomo could make a come back and unseat the selfish Hochum.....
1 person likes this.

Reply 31 - Posted by: NamVet70 12/11/2024 8:05:50 PM (No. 1853088)
Buying votes like that is inflationary.
1 person likes this.

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