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Kamis, 16 Juni 2011
Kamis, 28 April 2011
New Yorkers to Wall Street on May 12: Make Big Banks & Millionaires Pay
COALITION PLANS WEEK OF ACTION TO STOP BLOOMBERG’S BUDGET CUTS WITH TAXES ON MILLIONAIRES AND ENDING GIVEAWAYS TO BIG BANKS
National Movement Connects the Dots to NYC, Demands Reform and Fair Share in Taxes from Financial Sector
A growing coalition of community, labor, and progressive groups announced today plans for a week of events starting May 9th, calling for Mayor Michael Bloomberg to end taxpayer-financed giveaways to Wall Street and ask for fair-share taxes from millionaires to mitigate his proposed budget cuts. The week of action will culminate in a major mobilization in Lower Manhattan on Thursday, May 12.
The coalition, uniting under the banner “Make Big Banks and Millionaires Pay” will contrast the corporate welfare, property tax giveaways, and seemingly endless local and national tax cuts enjoyed by the financial sector with Bloomberg’s proposed cuts to childcare, classrooms, public safety, and dozens of other services working New Yorkers rely on.
“The big banks wrecked our economy and are back to making billions in profits and lavish bonuses, while the rest of us are still cleaning up the mess they created,” said Mary Brosnahan, the Executive Director of the Coalition for the Homeless. “Now Bloomberg has a choice: ask Wall Street bankers to contribute their fair share to fixing New York City, rather than enacting devastating cuts to working families.”
The organizers promise more than a typical “rally” on May 12th, with a day of diverse, creative actions across the downtown financial district. Michael Mulgrew, President of the United Federation of Teachers, said: “On May 12, tens of thousands of New Yorkers will descend on Wall Street, creating a giant school without walls throughout the financial district. Together, we will educate our city and expose the people and institutions that are destroying our jobs and our economy, and the politicians who are letting them get away with it.”
The week of actions coincides with a growing national movement by communities increasingly questioning the practices of the financial industry and fighting back against attacks on working people. “We are connecting the dots from the big banks that crashed our economy, destroyed millions of jobs and foreclosed on millions of family homes to the human impact here in the financial capital of our country, ” said Michael Kink, Executive Director of Strong Economy for All Coalition.
As the week of action approaches, organizers plan to release new data detailing the tax breaks and giveaways New York City doles out to the banking industry, as well as the effect of Wall Street-caused foreclosures on New York’s communities and tax revenue. “When New Yorkers see the skewed choices this city has made, it is no longer an abstraction,” added Kink. “Homeless shelters are bursting at the seams, and child care and senior centers are closing down -- not because we have gone broke, but because Bloomberg has chosen to spend hundreds of millions in subsidies for the people who need it least.”
The following community groups and unions have joined the May 12 coalition (list in formation):
Center for Children Initiatives
Center for Working Families
Citizen Action of New York
Coalition for the Homeless
Community Voices Heard
Housing Works
Make the Road New York
New York Communities for Change
New Deal for New York Campaign
Organization for a Free Society
Picture the Homeless
United Students Against Sweatshops
Urban Youth Collaborative
VOCAL-NY
1199 SEIU
SEIU 32BJ
CWA 1104
CWA 1180
CWA District 1
Professional Staff Congress – CUNY
United Federation of Teachers
Learn more at www.Onmay12.org
On Facebook: http://www.facebook.com/OnMay12
On Twitter: http://twitter.com/onmay12
A growing coalition of community, labor, and progressive groups announced today plans for a week of events starting May 9th, calling for Mayor Michael Bloomberg to end taxpayer-financed giveaways to Wall Street and ask for fair-share taxes from millionaires to mitigate his proposed budget cuts. The week of action will culminate in a major mobilization in Lower Manhattan on Thursday, May 12.
The coalition, uniting under the banner “Make Big Banks and Millionaires Pay” will contrast the corporate welfare, property tax giveaways, and seemingly endless local and national tax cuts enjoyed by the financial sector with Bloomberg’s proposed cuts to childcare, classrooms, public safety, and dozens of other services working New Yorkers rely on.
“The big banks wrecked our economy and are back to making billions in profits and lavish bonuses, while the rest of us are still cleaning up the mess they created,” said Mary Brosnahan, the Executive Director of the Coalition for the Homeless. “Now Bloomberg has a choice: ask Wall Street bankers to contribute their fair share to fixing New York City, rather than enacting devastating cuts to working families.”
The organizers promise more than a typical “rally” on May 12th, with a day of diverse, creative actions across the downtown financial district. Michael Mulgrew, President of the United Federation of Teachers, said: “On May 12, tens of thousands of New Yorkers will descend on Wall Street, creating a giant school without walls throughout the financial district. Together, we will educate our city and expose the people and institutions that are destroying our jobs and our economy, and the politicians who are letting them get away with it.”
The week of actions coincides with a growing national movement by communities increasingly questioning the practices of the financial industry and fighting back against attacks on working people. “We are connecting the dots from the big banks that crashed our economy, destroyed millions of jobs and foreclosed on millions of family homes to the human impact here in the financial capital of our country, ” said Michael Kink, Executive Director of Strong Economy for All Coalition.
As the week of action approaches, organizers plan to release new data detailing the tax breaks and giveaways New York City doles out to the banking industry, as well as the effect of Wall Street-caused foreclosures on New York’s communities and tax revenue. “When New Yorkers see the skewed choices this city has made, it is no longer an abstraction,” added Kink. “Homeless shelters are bursting at the seams, and child care and senior centers are closing down -- not because we have gone broke, but because Bloomberg has chosen to spend hundreds of millions in subsidies for the people who need it least.”
The following community groups and unions have joined the May 12 coalition (list in formation):
Center for Children Initiatives
Center for Working Families
Citizen Action of New York
Coalition for the Homeless
Community Voices Heard
Housing Works
Make the Road New York
New York Communities for Change
New Deal for New York Campaign
Organization for a Free Society
Picture the Homeless
United Students Against Sweatshops
Urban Youth Collaborative
VOCAL-NY
1199 SEIU
SEIU 32BJ
CWA 1104
CWA 1180
CWA District 1
Professional Staff Congress – CUNY
United Federation of Teachers
Learn more at www.Onmay12.org
On Facebook: http://www.facebook.com/OnMay12
On Twitter: http://twitter.com/onmay12
Sabtu, 26 Maret 2011
New York Millionaires Offer to Pay Extra Taxes to Offset Budget Cuts by Julie Shapiro - DNAinfo
Read original...
Millionaires across New York State are banding together to ask for more taxes.
About 100 wealthy New Yorkers, including actor Mark Ruffalo, say they want to do their part to help the state out of its budget crisis, and they are encouraging Gov. Andrew Cuomo to extend the so-called millionaire's tax.
"Many of us New Yorkers are troubled that you're giving a $5 billion tax cut to 2 percent of New York's most wealthy, while cutting $9 billion from education and social services for the rest of New Yorkers," Ruffalo said in an online video addressing Cuomo.
"Please, ditch this backwards Robin Hood plan and give all New Yorkers a fair shake."
The millionaire's tax, which is slated to expire in April, takes about an extra 2 percent in state taxes from individuals making over $200,000 a year or families making over $300,000.
A group called New Yorkers for Fiscal Fairness sent an open letter with about 100 signatures to Cuomo and state legislators Thursday urging them to renew the tax to avert the budget cuts.
Donald Shaffer, 82, an Upper East Side resident who worked in insurance and serves on the board of the Civil Liberties Union, said he signed the letter because he would be glad to pay the extra tax.
"This is what is decent and sensible as part of the social contract," Shaffer said in a phone interview Thursday. "We've done very well in our society, and we should be happy to see to it that others who require public services are not short-changed."
Cuomo's spokesman did not immediately respond to a request for comment.
Cuomo and Mayor Michael Bloomberg, who oppose extending the tax, have said they worry it would drive wealthy New Yorkers out of the state, but Shaffer said that was "absurd."
"The mayor has not left," Shaffer pointed out.
Shaffer added that the recently extended Bush tax cuts would remove most of the burden of the millionaire's tax, so it would not have a large impact on people's finances.
The United Federation of Teachers and lower Manhattan parents are also advocating for the stateto extend the tax, so the city doesn't get hit with over $1 billion in cuts to education funding.
Other rich city residents who signed onto the open letter include Bill Samuels, a Democratic activist and entrepreneur, and Leo Hindrey Jr., chairman of the Economic Growth/Smart Globalization Initiative at the New American Foundation.
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