Gov. Paterson Budget Proposal

Pitchporking the rich in an area they can't avoid. As in hunting always be a moving target when it comes to taxes. Hahahahahahha

"Some $50 million would be raised by letting the lottery invest some of its prize fund receipts in AAA-rated municipal bonds instead of Treasuries, "to realize a one-time benefit due to difference in market rates," the plan said."

LOL such as... NYC munis? lol, at least they are able to anticipate that if things go this way for long nobody would buy them... the pension clock is ticking too. interesting times.

This won't impact Manhattan that much since the majority of units are co-ops and individual co-op owners do not pay proeprty taxes. This will mainly impact rich people in the suburbs.