If you read teh decision in this case, the subcontractor/contributor got 10-12% of the take. Basically they examine the stock records of corporations and looked for shares that had not been voted or cashed a dividend check in three? years or more. Then they took those shares and turned them over to the state minus their cut.
NY does not do this. I believe that this case will be overturned on appeal to the extent that it is not lawful for state to sub out this work and that the state will need to give somewaht better notice. Otherwise the law will stand. There’s too many jobs and too much loot that the states take in. In 2006 NYS made 375,000,000. In 2005 it make over 500mm.
Interesting. Thank you.