3 ms·
New York state is serious trouble if the only solution that their government can come up with to decreased tax revenue is to raise taxes. This is one of several
by LostInTheWoods 18y ago
New York state is serious trouble if the only solution that their government can come up with to decreased tax revenue is to raise taxes. This is one of several "lets just raise taxes" initiatives both by New York state, and New York City that are going to drive business and residents away.
- Prrometheus 18y agoNew York might be shocked, shocked! to know that some states (like Texas) actually manage to run financial surpluses while still maintaining low taxes. They could learn a thing or two from other states. The same goes for you, California. Also, I wonder how many of the budget "cuts" are actually just reductions in the amount of planned increases. Politicians have ruined my faith in the English language's ability to mean what it sounds like it means.
- Zev 18y agoI was under the impression that Texas had a deficit of a few billion dollars. http://southwestfarmpress.com/news/farming_budget_deficit_tops/ http://southwestfarmpress.com/news/farming_budget_deficit_to... supports this, however it's not dated so I don't know if its recent or not.
- Prrometheus 18y agoThis one is dated: http://www.nbcdfw.com/news/local/Texas-Budget-Surplus-Makes-Legislators-Look-Good.html http://www.nbcdfw.com/news/local/Texas-Budget-Surplus-Makes-...
- Zev 18y agoNY has an estimated 1.7 Billion deficit this year, and an estimated ~15 Billion deficit in 2009/2010. It is pretty bad right now. As far as what i read in the newspapers (I'm on Long Island, so this is pretty heavily covered), The tax on downloads isn't limited specifically to iTunes. It's a more broad tax for "digitally delivered entertainment services" bought over the internet in general. If you really want to be disgusted, look at the tax on sugared drinks - and Paterson (NY Governor) is trying to claim that it's to "reduce obesity". Or take a look at what he's doing with the state university system; raising tuition by ~600/year for the next 2-3 years and then instead of using the money to fund the SUNY system that it's being paid to, it's being used to cover other state agency costs. While, yes, there are some things that should be cut (cosmetic surgery being covered under medicaid for elderly? unless there's a serious accident, this is a big 'wtf'), theres other things - teachers salaries and funding for schools that was already low before the cuts were proposed (One district on Long Island got its budget cut in half completely, just as an example) :\