Todays word on the state of our state, our nation, and the world.
“The context for Cuomo’s repeated invocation of those mythical 10,500 local governments is his convoluted budget proposal to link a temporary state-funded property tax “freeze” rebate to local government consolidation plans. But on closer inspection, it’s apparent the plan won’t make a dent in New York’s overall tax burden. Indeed, it will subsidize continuing high levels of local spending while punishing localities that do the best job of restraining their tax levies.”
More on that in this space tomorrow: http://www.nytorch.com/?p=8450