(MA) State may see $200m shortfall Tax revenue drop could force more budget slashing

www.boston.com ^ | September 29, 2009 | Matt Viser

[GOPsterinMA]

Revenue dropped despite a controversial decision by Patrick and the Legislature to increase taxes by more than $1 billion, including boosting the state sales tax from 5 percent to 6.25 percent. Retailers warned that the state would not raise nearly as much as estimated, predicting that customers would go to New Hampshire or the Internet to avoid additional taxes.

[GOPsterinMA]

But, but, but I thought the new taxes were going to make up for everything?

New Hampshire's loving this!

[GOPsterinMA]

Don’t you just love how liberals think?

[xcamel]

People of means are leaving the NE in droves.

[MIchaelTArchangel]

“most budget slashing” assumes there has really been “budget slashing” already. There really has not been any real “budget slashing” yet. AND THAT IS THE PROBLEM!!

[silverleaf]

As someone recently wrote (paraphrased)

being liberal means you think you can dip buckets of water out of the deep end of the pool, dump it into the shallow end of the pool, and thereby increase the amount of water in the pool.

[GOPsterinMA]

Or shopping in NH and the internet.

Also, don’t forget the lost sales of people from RI, CT, VT and NY who shopped in MA to save on taxes.

No spending has been cut. No fiscal sanity has taken over. It’s the same ole same ole.

[6SJ7]

The liberal solution; raise taxes to 10%, then 20%, 30%... Still not working? Confiscate savings.

The parasites are now killing the host.

[GOPsterinMA]

They will try it, you know it.

Keep the powder dry; the time is coming.

[RexBeach]

New England used to be such a hardy and strong part of the US.

Before we were a country, New England contributed the lion’s share of volunteers to fight the French and Indians in the 1750s and 1760s.

Now, the only thing New Englanders fight over are lottery tickets...and donuts.

I left MA in 1977 and never regretted it for a moment.

[xcamel]

You know things are really bad in MA when some of them are moving to NY...

[Jacquerie]

“Revenue dropped despite a controversial decision by Patrick and the Legislature to increase taxes by more than $1 billion, including boosting the state sales tax from 5 percent to 6.25 percent.”

Who first said the people get the government they deserve?

[Little Pig]

"Revenue dropped despite because of a controversial decision by Patrick and the Legislature to increase taxes by more than $1 billion"

There, fixed it.

[xcamel]

LOL - I’ve been an indentured servant of upstate NY since 1959.

[Need4Truth]

“At the state level and the public sector, we still have enormous challenges ahead of us,’’ Patrick said yesterday afternoon, pointing to signs of an uptick in the economy. “But we are confident that we’re on the right course, that we’re pointed in the right direction, that better times are ahead.’’

ain't no "uptick". the uptick is only less of a downtick. it's time for honesty and real leadership.

[Nervous Tick]

>> Revenue dropped despite a controversial decision by Patrick and the Legislature to increase taxes by more than $1 billion, including boosting the state sales tax from 5 percent to 6.25 percent.

You didn’t raise taxes ENOUGH, Dee-val, you silly boy.

Raise them more! Seriously. Pay NO attention to observed results! Facts are for conservatives — you don’t need ‘em!

Go with your ‘Rat “feelings” instead. You can’t lose.

[scooby321]

Will he go the way of Patterson?

[fieldmarshaldj]

Liberals think ? No. Liberals stink.

[outpostinmass2]

No way. I looked into moving to New York after a job offer. As bad as taxes our here we have nothing on New York. Property taxes alone were double what I pay here in Mass.

[Tiger_2009]

Socialism @ work

Tax Tax Tax; chase the businesses out till no one is left to TAX.

[GOPsterinMA]

Moonbats!