Tuesday, November 15, 2005

Slip-Sliding Away

As today's NY Post editorial points out, the mayor, already reneging on his promise not to raise taxes but to do "more with less," has called for the reinstating of the commuter tax. The paper's larger point, however, is that the $500 million or so that this tax will bring in accounts for barely 1/9 of the projected $4.5 billion deficit.

The Mayor, as we've pointed out, has a propensity to view taxes as benign necessities and not the job-killing levies that most of the small businesses in the neighborhoods of this city know them to be. It's only going to get worse.