Attorney General Eric Schneiderman is looking into prices set by the school lunch industry. (Daily News)
Hyde Leadership Charter School, which christened its new building, focuses on character. (GS, NY1)
A tentative contract deal for Catholic school teachers includes higher health care premiums. (NY1)
A national report finds that minority students are suspended from school at higher rates. (USA Today)
Libyan schools are grappling with how to teach and operate after the government’s overthrow. (Times)
il flerpolo
This is horrific. $750 million in city funding, gone. Don’t expect Albany or the feds to make up the difference. If anything, they’ll cut their funding, too. While the UFT’s occupying Wall Street, I’ll be praying for a boom in taxable income (i.e. profits and bonuses).
Guest
Right, that makes sense because if Wall Street makes a lot of money it will trickle down to the rest of us. If you give millionaires more money they create more jobs. They don’t put the money in the bank and pass it down to their heirs through low tax trusts.
or
Instead of hoping and praying that the money trickles down we could tax millionaires fairly ensuring that there is a genuine progressive tax code. We could force those with the most to contribute fairly to public schools, the police and fire department.
Guest
Right, that makes sense because if Wall Street makes a lot of money it will trickle down to the rest of us. If you give millionaires more money they create more jobs. They don’t put the money in the bank and pass it down to their heirs through low tax trusts.
or
Instead of hoping and praying that the money trickles down we could tax millionaires fairly ensuring that there is a genuine progressive tax code. We could force those with the most to contribute fairly to public schools, the police and fire department.
Tim
That is a great idea in theory, Guest, and it might work well if it were enacted at the national level, but New York City residents at the top state and city brackets already pay far and away more local tax than anyone else in the country, and the last decade saw a rapid growth in the already staggering amount of personal income that migrates from NY to Florida, Texas, Connecticut, etc.
I fully agree with President Obama’s proposal to let the Bush tax cuts expire and add additional taxes to incomes greater than $1 million. But in the short term, rather than raise already ridiculously high state taxes, I’d hold our state’s senators’ and congresspeople’s feet to the fire and demand that they do better in recovering our fair share of federal tax receipts.
il flerpolo
“Instead of hoping and praying that the money trickles down we could tax millionaires fairly ensuring that there is a genuine progressive tax code. We could force those with the most to contribute fairly to public schools, the police and fire department.”
We have declining funding from the state and the feds, and increasing pension and benefits costs. We probably need both higher taxes AND a secular bull market.
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