New York Governor David Paterson is proposing a budget with huge new tax increases on New Yorkers. With the economy facing difficult times, the last thing we can afford is new taxes on everything from hospitals, insurance policies, clothes and license plates – to “non diet” sodas, gross receipts and gasoline.
Meanwhile, Virginia is facing a $3 billion dollar deficit and the Governor is touting his budget cuts. Somewhere along the line, you know a tax hike might come our way as well. More on this topic later on today.