Our state’s new governor, Eliot Spitzer, has promised to cut taxes and relieve New York businesses of the onerous regulations that have helped render our economy moribund.
Sounds like a Republican. Which is probably why one Republican’s response to his initial proposals sound a tad peevish, lol.
The taxes Spitzer means are property taxes, not income taxes, though. Funny how property taxes are considered more suitable to demonize. Presumably because that tactic lends itself to an easily-evoked concrete image, i.e., the middle class family tossed out onto the street because their property taxes rendered their humble home unaffordable. Whereas the image associated with income tax cuts is: fat cat now has extra cash, replaces solid gold toilet seats in his yacht with solid platinum toilet seats.
Incidentally, according to the breakdown on my property tax bill, 81.2 percent of my taxes can be attributed to “state and federal mandates.” A big chunk. OTOH, the dollars I pay to foot that bill are a smaller percentage of my income than the dollars I fork over on state income tax.
Who knows. Something’s got to give, though, if this state is going to turn around. Some facts from the back end of the Rochester Democrat and Chronicle article on Spitzer’s proposals:
While jobs grew nationally by 21 percent between 1990 and 2004, the growth in the region north and west of Rockland and Putnam counties was only 3 percent. During the same period, the region lost a third of its manufacturing jobs. Both figures are among the worst in the country.
The number of people between ages 25 and 34 also declined by about 30 percent in the last decade. Since 2000, Rochester’s population has dropped 3.8 percent; Buffalo dropped 4.2 percent and Syracuse 3.1 percent.
That’s just dismal.
[tags] New York State, taxes, Eliot Spitzer [/tags]