Tuesday, March 29, 2005

State Budget: Thumbs Up, Thumbs Down?

Okay, so it's probably going to be on-time. A major accomplishment given the history of the past 20 years.

And what's probably in it? A phase-out of the high-income PIT surcharge. An increase in the sales tax downstate. Corporate tax "reform" that will benefit large multinational employers, and cost the state $140 million.

What's probably not in it? A resolution to the school funding crisis. Full funding for child care.

I've left out a lot. Fill in the gaps. Is Albany on the road to being fixed? Comment by clicking on the word "Comments" below.

1 comment:

Anonymous said...

who was it that said, better a late budget than a bad budget? ....well...