Some Taxes Are Better Than Others
Gov. David Paterson, who has repeatedly refused calls to increase taxes to soften the blow of his proposed deep budget cuts, apparently has not developed an across-the-board hatred of all taxes since he abandoned his liberal legislator ways in favor of a more centrist and (to his mind) statewide approach.
During his Q-and-A this afternoon, Paterson markedly did not rule out support for the payroll tax on businesses that reportedly will be proposed by the Ravitch Commission as part of a rescue plan for the MTA.
The governor said he is “quite pleased” by what he’s seen so far from the commission, adding:
“It’s either going to be fare hikes or it’s going to be tolls and a combination of payroll taxes,” Paterson said. “…At some point, as an alternative to a fare hike, I think it’s very viable.”
“Those who are upset about this, what I would urge them to consider is it’s the inaction of the past that has led to this deficit,” he continued. “…And we who are here at this time in service are trying to address it.”
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Tags: Taxes