Tuesday, March 07, 2006

Tax the rich


BY JOE DONOHUE Star-Ledger Staff

In his starkest remarks yet about the state's bleak financial outlook, Gov. Jon Corzine said yesterday he will have to impose deep cuts and possibly raise taxes to close a projected multibillion-dollar budget gap.

Corzine will recommend a new state budget in two weeks. He said during last year's campaign that tax increases would be a "last resort." But yesterday he acknowledged he doubts that cuts alone can overcome a shortfall that his advisers now project at $4.5billion.
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Please tax rich people. It's really easy. Rich people who don't like taxes didn't vote for you. Sure a progressive income tax discourages savings, but the reason rich people are rich is that they save a lot of money.

1 Comments:

Blogger Radio said...

Word. And don't they tell us lower and middle class folks to "spend, spend, spend"? Don't sit on your money, rich people, let the government spend it inefficiently (i.e. redistribute it both directly and indirectly to people who actually need it).

Fuckin' economics, man.

10:18:00 AM  

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