Monday, January 12, 2009

Screw everyone!!!! (but the politicians, of course)

Soak the Rich?
"With the Empire State’s budget deficit now projected to exceed $15 billion —in the face of a constitutional requirement to balance the state budget — New York lawmakers are fighting a five-alarm fiscal fire. But rather than slash billions in wasteful spending (not long ago, the state’s chief Medicaid investigator estimated that 40 percent of New York’s Medicaid spending — about $20 billion annually — was fraudulent or “questionable”), the state’s political class remains committed to raising taxes. And this time, they’ve trained their sights not on the barons of Wall Street but on Joe Sixpack."

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