Tag Archive | taxes

Trump to New York: Drop Dead

Among the political headlines that screamed from the shameless ramparts of social media over the past few weeks, one news story that added to the four-year hate on Donald Trump was his switching his address to Florida from New York. It was a minor note that was lost in the partisan volleys regarding impeachment, with Trump complaining via Twitter that he has been treated unfairly by New York City and State leaders.

Donald Trump became a household name in the U.S. with his television show, “The Apprentice.” But New York has been familiar with Donald Trump much longer than the rest of America. For most of my adult life he’s been a tabloid figure, a willing mouthpiece for morning radio and other fodder for the endless chatter and ego jousting that hangs thick in the atmosphere of the city.

New York politicians were happy to take jabs at Trump’s repudiation of his home state. “Good riddance,’ said Governor Andrew Cuomo.

There are three reasons driving the move and Trump’s timing of it.

Distracts from the latest circus. Trump made the move during the week when several career, nonpartisan government officials were telling Congress about Trump’s conduct related to the Ukraine, the impetus for the current impeachment effort. Trump found an alternative instance to claim that Democrats were treating him unfairly, helping him construct the conspiratorial framework he’s hanging his entire anti-impeachment platform on: that the system is corrupt and everything is being driven by political machinations on the part of Democrats.

Helps with reelection in Florida. Trump did not win New York State and has little hope of doing so, but Florida is up for grabs and is a much needed piece of his reelection puzzle. His move aligns himself with the large population of transplants who fled to Florida from the Northeast.

Saves him money on taxes. This is probably the most important factor driving Trump to the Sunshine State. He’ll save significant money on taxes. New York State has a much higher tax rate than Florida, and if you can pick an official residence between the two, New York will lose out every time on tax considerations.

New Yorkers who don’t like Trump would like to disown him, and act as if he is some rare aberration who does not reflect at all on the five boroughs, but we can’t.

We can’t act like we’re the trendsetter and the capital of the world and then pretend that the leader of the free world, a native of our city, is somehow not a part of us. Yes, New York is more diverse and the focal point of a lot of worldly art and culture, but human nature doesn’t change, and New York is every bit as tribal and parochial as the rest of America. The partisan divide that creates ugly scenes across the country is present here also.

Landlords like Trump are slightly less revered than rats and muggers in New York. Trump’s rise in presidential politics is an indication of the complete dysfunction and utter detestability of our political class, not from any sheer genius on his part.

Atop of all the other controversies surrounding the Trump administration at the time, his moving his official residence to Florida is small potatoes. It was in the media for a day or two and wasn’t even the lead story those days; then it was gone. There are more important stories to chase during this absolutely bonkers administration, and political griping and standard tax dodging would just don’t fit the bill in these strange times.

No one can honestly say Trump is not a New Yorker. He’s one of us, and we can’t brush him off like yesterday’s news. The city helped create him; it was our tabloids that made him a celebrity and grew his name recognition for decades. It was our political leaders that constantly sought his donations and took their picture with him.

President Trump is thoroughly ‘Florida Man’ now, but he’ll always come stamped with the “Made in New York” label.

 

Save the Tourists (and Airbnb)

airbnb-logoTourists: No other form of life on the New York sidewalks and subways is more simultaneously loved and despised. We love that they are here spending their money and enjoying the wonderment of our city while we hate how they slow us down with their clueless wanderings and slow gait unfamiliar with the pace of city life.

New York needs tourists. Tourism is a central part of the city’s economy and messing with the flow of tourists to New York is effectively kicking the Big Apple squarely in its big balls.

So the New York State Attorney General’s office threatens to throw cold water on this essential industry with its subpoena of Airbnb’s New York State records.

Airbnb is a web site that connects visitors with private hosts who rent out private rooms or apartments, usually for significantly less than hotels cost. The N.Y. Attorney General’s office claims that the platform is being abused by people operating illegal hotels and avoiding hotel taxes.

I did a quick search for hotel room rates in New York City for the first week of March 2014. Prices are higher around the holidays in November and December and the second week of March might see abnormally high rates for people coming for the St. Patrick’s Day Parade. This study was unscientific, and there are web sites like Priceline.com and others that can help you find discounts.

Starting with a non-luxury, well-known hotel chain, the Marriot Marquis in Times Square charges an average of more than $360 per night for one room for two adults with no children. That jumps to more than $430 per night if you want such luxuries as a sofa bed in your room. A Marriott on East 40th Street got a rate of $206 per room.

Going to the cheaper hotels, Days Inn offered a rate of $131 per night on 94th Street. The chain charges $95 per night to stay at their hotel at JFK Airport. Nothing at JFK Airport is worth $95 a night unless it comes with a free strippers and cocaine.

A similar search on Airbnb gets you $175 a night for a room near Times Square in Manhattan and as low as $57 per night near JFK. The offerings were scattered and not as numerous to put too much of a dent in the hotel business, judging by the search I did on the web site.

No doubt there are people using Airbnb who are running illegal hotels outside of the legitimate regulation of the law, but there is a way to differentiate between these groups and the people making a few extra bucks renting a room to budget-conscious tourists. And about 90% of the Airbnb hosts are people renting out rooms in the homes they live in.

For whatever its faults, Airbnb is American capitalism and New York ingenuity at its best.  Even with the abuses as they are the city and state gain more than they lose by enabling more tourism. The money tourists don’t spend on hotels they spend on Broadways shows, Yankee games, hot dogs and hookers. Let them.

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