Wednesday, December 17, 2008

Escape from New York? Governor Paterson's New Tax Plan Provides the Motivation.

Where's Kurt Russell when you need him?

Check out the governor's (in office, remember, only because of the previous governor's sexual shenanigans with a call girl) announced plan to improve New York's flailing economy. Sure, the guy's a Democrat so you'd expect to see increased government spending backed by new ways to pick the pockets of taxpayers. A no brainer.

But increasing spending by $1.4 billion?

And introducing the biggest tax hike in history, a tax plan that includes a number of new taxes (137, to be exact) that's shocking even to other Democrats?

Now, that's something.

This New York Post story itemizes just a few of the amazing tax hikes in Governor Paterson's plan:

* An "iTunes tax" of 4 percent on videos, music or pictures downloaded from the Internet.


* A 4 percent tax on taxi, limo and bus rides. That means a $10 cab ride would cost 40 cents more.


* A 4 percent entertainment tax on tickets to movies, concerts and sporting events. That would add nearly 50 cents to a $12 movie ticket or $1.80 to the cheapest $44.50 seat at a Knicks game.


* The tax on beer increases 24 cents per gallon, or more than double the current rate, which means about 30 cents a case.


* An 18 percent tax on nondiet soft drinks, which aims to reduce child obesity. A $1.50 can of Pepsi would then cost at least 25 cents more.


* A 4 percent tax on cable TV and satellite services, raising a $100 bill by $4.


* Hiking the cost of "personal" services - including haircuts, manicures, pedicures, massages and gym memberships - by 4 percent.


* A 4 percent sales tax on clothing and shoes under $500, except for two weeks out of the year.


* Elimination of the law that caps the state sales tax on gasoline at 8 cents per gallon.


* Boosting the average vehicle registration fee for drivers by $11, from $44 to $55. Fees for new or renewed licenses also would increase 25 percent, or increase from $50 to about $62 to renew a license over eight years.


In addition, all drivers would have to get new, "reflectorized" license plates at a fee of $25 each...


Do you think a few New Yorkers might be moving to Jersey this year?