Issue of the Week

Should Nassau Coliseum developer, Bruce Ratner, receive more than $4.4 million in tax breaks?

(55 votes)
Vote up!
30.22%
(127 votes)
Vote down!
69.78%
182 votes

According to Newsday, Nassau Coliseum developer, Bruce Ratner, has applied for more than $4.4 million in tax exemptions ($3.37 million is sales tax and $1.1 million in mortgage tax). Those in favor of tax exemptions say Ratner's firm, Forest City, expects to spend $261 million, including $90 million in Chinese investment, to renovate the arena, create jobs and improve the area. Those against the tax breaks feel they are just another example of corporate welfare, and unnecessary for a profitable project.

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Wed, 07/29/2015 - 15:51

Legislature

The County of Opportunity

(125 votes)
Vote up!
43.71%
(161 votes)
Vote down!
56.29%
286 votes

Nassau County needs a new vision. We need a 20 year Economic Plan where the cost of living and doing anything will be on par with the rest of the United States. Everything is cheaper all across the US. I do not understand why our taxes are so high. Our schools are really not that good when you look around the country. They are on-par. Everything is expensive and I don't think Nassau County, and Long Island in general, is the reality of the United States. We need to redefine who is a Long Islander, and go back to the days when hard work is rewarded and honest people who want to raise their families in a non-competitive atmosphere can live and thrive.

Comments

the county of opportunity

Maybe if we get past NIMBY and adjust to the current economic reality we can become more like what the proposition asks. But if we continue to stop every attempt to build rental units and lower cost housing, we will continue to drive away younger wage earners who cannot afford single family dwellings. And we'll all retire and age out in our homes assuming we aren't forced to move because we can't afford them in retirement. If we want young wage earners to help foot the bills, we had better provide housing they can afford to stay here. The Long Island we grew up on isn't here any more, and it isn't coming back.

Exactly!

You said it exactly as I would have! Not in my backyard has destroyed Long Island and we need a politician who can do something radical. But I think unfortunately Long Island is lost.

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