New York Drivers: Pay State Taxes Or Lose Your License
Under a new law passed earlier this year, 16,000 residents who owe more than $10,000 in state taxes began receiving notices this week that their driver's licenses will be suspended if they don't pay up.
What's the Latest Development?
Starting this week, New Yorkers who owe more than $10,000 in back state taxes began receiving notices from the government stating that their driver's license will be suspended if they don't pay them within a specific time period. The first notice gives them 60 days to arrange payment, and if they haven't done so within that timeframe, a second notice gives them an additional 15 days. State officials say 16,000 notices will eventually go out, and they expect to get $26 million this year alone.
What's the Big Idea?
The notices are the result of a law that went into effect in April and was originally proposed by Governor Andrew Cuomo, who says simply: "Tax scofflaws who don't abide by the same rules as everyone else are not entitled to the same privileges as everyone else." The state's Department of Taxation and Finance says that about 70 percent of the offenders owe close to $478 million in personal income taxes, while another 20 percent owe almost $413 million in business taxes. The new system is similar to the one used to compel child support payments through the threat of suspending a driver's license.
Photo Credit: Shutterstock.com
Upvote/downvote each of the videos below!
As you vote, keep in mind that we are looking for a winner with the most engaging social venture pitch - an idea you would want to invest in.
Here are 7 often-overlooked World Heritage Sites, each with its own history.
- UNESCO World Heritage Sites are locations of high value to humanity, either for their cultural, historical, or natural significance.
- Some are even designated as World Heritage Sites because humans don't go there at all, while others have felt the effects of too much human influence.
- These 7 UNESCO World Heritage Sites each represent an overlooked or at-risk facet of humanity's collective cultural heritage.
Famous physicists like Richard Feynman think 137 holds the answers to the Universe.
- The fine structure constant has mystified scientists since the 1800s.
- The number 1/137 might hold the clues to the Grand Unified Theory.
- Relativity, electromagnetism and quantum mechanics are unified by the number.
A new method promises to capture an elusive dark world particle.
- Scientists working on the Large Hadron Collider (LHC) devised a method for trapping dark matter particles.
- Dark matter is estimated to take up 26.8% of all matter in the Universe.
- The researchers will be able to try their approach in 2021, when the LHC goes back online.
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.