Gothamist: Bloomberg, Paterson Grim on City, State Economies

blablanyc

Tue, 29 Jul 2008 20:46:44 -0500

Kissel - I agree with you about the taxes in NYS. Businesses are already looking elsewhere.

NannyState

Tue, 29 Jul 2008 15:35:19 -0500

^Bloomie is certainly talking tax hikes. I hope his relationship with Paterson isn't too cozy here. I wish these guys would be less reactive and think counterintuitively: lower the taxes to stimmulate the state's economy and reap the gains down the line. In the meantime, sorry, AFSCME and the NEA, the cuts are coming and your next raise could be your last.

kissel

Tue, 29 Jul 2008 12:17:23 -0500

Patterson may talk the game, but I doubt we will see real cuts coming from him - maybe just some token BS... what I guarantee we will see is even more taxes. It's not like we don't already pay the most taxes in the entire country and get very little for it, but there is no way he is gong to tackle the civil unions and actually reduce the already huge NYC and NYS headcounts or cut the really costly but contentious programs. I really hope I am wrong on this... but don't hold your breath. Meanwhile, people and business will continue to leave the state because the costs are simply too high at this point.

Steven

Tue, 29 Jul 2008 11:45:25 -0500

So the Newegg and Amazon tax is not going away then? Bummer.

blablanyc

Tue, 29 Jul 2008 11:14:37 -0500

I appreciate Paterson's straight talk opposed to Bloomberg's finger pointing.

zodak

Tue, 29 Jul 2008 10:43:20 -0500

how do billy & mandy feel about the city & state economies?

Deca

Tue, 29 Jul 2008 10:40:07 -0500

Why did Bloomberg sign a bill into law that throws millions of dollars into translating every city document and providing translators for every city agency in existance? What a waste of money. Somebody needs to investigate Bloomberg. I applaud Paterson for saying tough times are ahead. Hopefully he'll fire most government workers and cut spending by 50%. It probably ain't gonna happen.