Quote:
Originally Posted by BonzoHansen
Also great: He says we need to raise tax to increase revenue, then pushes this shutdown, which in essence kills all the of income producing stuff, like Atlantic City & the horse tracks! Great thinking. Idiot.
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He didnt push the shutdown per say...they couldnt come to an agreement on the budget period. This in turn causes issues because without a budget the state has no legal right to write any checks basically. Blame him, blame the democratic party, blame state govt. in general...they are all to blame for the shutdown in one way or another. He's just standing firm in what he feels is the best way to get things started in the right direction...the democratic party for the most part doesnt want to raise sales tax because they know what happened in the florio debacle. So the democratic party is also standing firm on not wanting to raise sales tax...thats teh main impasse that I know of at this point. But yes i think your right in that this shutdown does kill the income producing stuff...by shutting down casino's that makes us loose 1-2 mil per day alone, not to mention all the other govt agencies not depositing any incoming monies which in turn pay for projects...none of those monies will have the chance to earn interest, etc. Anywayz
lata
Bill