Showing posts with label New York. Show all posts
Showing posts with label New York. Show all posts

July 28, 2008

NY Governor David Paterson to speak about the economy.

It's been reported that Governor Paterson is expecting some tough fiscal times ahead here in NY and he plans to give a speech to address the issue. He reportedly plans to call for dramatic cuts in state spending.

It's starting to sound like the governor is a closet conservative, at least fiscally. The governor is going to be up against some pretty tough opposition to any cuts in spending and it shows guts that he's at least trying to do something to curb spending.

It would be nice if our local, state and federal governments had kept spending under control for the last century, but they have not. It's never too late to start, however, so good luck to Governor Paterson. Maybe President Bush can take a cue and veto the housing bill.

June 3, 2008

New York State Tyranny

The State of New York thought they weren't taxing New Yorkers enough so they increased the cigarette tax. The tax went up by $1.50per pack, so the total NYS tax on a pack of smokes will now be $2.75.

One can't help but wonder what the goal is. Anti-smoking groups applaud the new tax, believing it will push people to quit smoking. The legislators say they increased the tax to close the budget gap. If everybody quits smoking they won't be able to balance the budget.

Wasn't there a revolution over this sort of excessive taxation a few hundred years ago?

Sorry Smokers: cigarette prices rise $1.25 today.