New York: $1 Billion in New Taxes Proposed

The headline says it all: Yet another politician who doesn’t understand what voters want. New York governor David Paterson (D) proposed a $134 billion budget that contains $1 billion in new taxes:

  • A $1 increase in the cigarette tax to $3.75/pack;
  • A new tax on sodas of $0.01 per ounce; and
  • 50 speed cameras that will issue tickets at $100 a pop.

Governor Paterson is up for re-election this fall. I suspect voters will remember the proposed budget and the speeding cameras at election time.

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