Obamas advisor making millions!

[buckman]

http://www.nytimes.com/2009/04/04/us...ml?_r=1&ref=us

I know I'm just knit picking but when will you guys on the left admit you've been sold a bill of goods?

[EarnedStripes44]

Actually, Larry Summers is fairly moderate, his economic policies that is. I've never been nuts about him and I've heard from some harvard staff that he can be difficult to work with.

[RIJIMMY]

if you want to nitpick, did you see this?
Another democrat plan to jump start the current economy. The dems have very creative solutions, need more money? raise taxes!
the tax increase would be a "win" for unions and liberal advocacy groups. what an f'in joke these people are. Taking more of someones money who earns it is a good thing.

Gov. David A. Paterson and leaders of the Legislature have reached a deal to temporarily raise taxes on New York’s highest earners in order to close the state’s yawning budget deficit, lawmakers and officials involved in the talks said on Saturday.

The new plan, which would expire after three years, would represent the largest state income tax increase in recent history, significantly larger than the surcharges imposed from 2003 to 2005, when the state last faced a major recession.

The plan would raise $4 billion a year by creating two new tax brackets, the highest one affecting those who earn $500,000 or more. If approved by rank-and-file lawmakers in the Assembly and State Senate, the tax increases would be a major victory for unions and liberal advocacy groups and a signal of the new balance of power in Albany, where Democrats won control of both houses of the Legislature and the governor’s office in last year’s election.

Although the proposed tax has been called a “millionaires’ tax,” it would affect those with incomes starting at $300,000, who would be taxed at a rate of 7.85 percent. The highest bracket would carry a tax rate of 8.97 percent — the same as New Jersey’s current highest rate.

[JohnnyD]

So the state is in a budget crisis and is raising taxes? Seems like business as usual. The only reason it is a big time story is because it is a "record raise" relative to the current state tax. As stated in your own post, the taxes are comparable to New Jersey's rate.

[RIJIMMY]

Originally Posted by JohnnyD

So the state is in a budget crisis and is raising taxes? Seems like business as usual. The only reason it is a big time story is because it is a "record raise" relative to the current state tax. As stated in your own post, the taxes are comparable to New Jersey's rate.

so Johnny, when things get tough at home, you go to your boss and demand more money?
How about LOWERING EXPENSES???????????
Works at the RIJIMMY residence.

[JohnnyD]

It seems so silly to me to complain about something like this in the position of it being an isolated case. Sure, in your supposedly unbiased position, this must be isolated to the democrats. It's happening across the nation in your Red states too.

But it is obviously the dems fault, not the fact that for the last 8 years the federal government requires New York to spend massive amounts of spending for security measures. New York is in the middle of the pack, with regards to Sales tax and Income tax on the East Coast.