How’s that for a headline?
The Business and Labor Coalition of New York, BALCONY, today (Monday March 14, 2011) called for an extension of the higher tax on New York’s earners with taxable income over $200,000 as a means to help close the state’s $5-9 billion budget deficit for 2011-2012. Keeping the tax on higher earners is part of the solution to help balance the state budget.
Looking at BALCONY’s website reveals a coalition of of the various competing parasites; unions, hopey dopes, and liberal leaning businesses.
Never mind that wealthy New Yorkers recognize that they aren’t shackled to the state and many are choosing to leave, further eroding the tax base. Included on that list is Tom Golisano, former owner of the Buffalo Sabres hockey club and founder of Paychex, the 2nd largest payroll processing company in the country.
Mr. Golisano had enough of New York’s banditry and sold his stake in the team and fled to Florida.
After all the stockbrokers, money changers, and land speculators have left this country, maybe the “too poor to leave” can finally afford a home, a plot of land, and a water buffalo, and then, finally, be able to make a living.
The problem is, you’ve got to be smarter than the water buffalo.