This isn’t the way to do it. Raising taxes and not cutting spending doesn’t work. If you want revenues to increase, you have to cut taxes on businesses and cut spending on the BS programs. I really don’t feel sorry for New York. You fuckers keep voting these idiots into office. It’s your fault.
Gov. David Paterson unveils dire New York State budget that includes new taxes, layoffs and cuts
ALBANY – Gov. Paterson’s proposed $121 billion budget hits New Yorkers in their iPods – and nickels-and-dimes them in lots of other places, too.
Trying to close a $15.4 billion budget gap, Paterson called for 88 new fees and a host of other taxes, including an “iPod tax” that taxes the sale of downloaded music and other “digitally delivered entertainment services.”
“We’re going to have to take some extreme measures,” Paterson said Tuesday after unveiling the slash-and-burn budget.
More
California on the other hand, actually has a Republican party that keeps telling the morons in the Democrat party, no. If there is any tax increase, we will not support it. The Democrats keep coming back with proposal after proposal with tax increases. The Republicans keep saying no new, or increased taxes. Cut spending. That’s what this state needs.
California To Run Out Of Funds By 1st Quarter Of 2009 Unless State Budget Is Passed Soon
The Democratic-sponsored budget proposes $7 billion spending cuts and $11.3 billion from hiked taxes, including a 1.5-cent increase in sales tax. But the spending reduction part of the budget was six votes short required to have a two-thirds margin of 54, while the tax increase part was lacking eight votes because none of the 29 Republican assemblymen supported it.
More
Not enough cuts. If I were doing this, I would have a 10% cut across the board every year for the next four years. I would cut corporate taxes by 5% per year for the next four years as well.
These cuts in taxes and spending not only would that spur the economy out of its current morass; it would generate more revenue for the state as a whole.
In fact, you could do this for America and the result would be the same. Seems rather simplistic, but that’s the beauty of it. Cut the funding for illegal aliens in the country as well and the treasury would overflow with revenue.