Free Republic

U.S. Sen. Kirsten Gillibrand on Monday said she will support the construction of a street-level community grid to replace the elevated portion of Interstate 81 in Syracuse.Until now, Gillibrand declined to take a position on the issue, saying it was up to Central New Yorkers to choose the best option for replacing the 1.4-mile viaduct that cuts through the heart of Syracuse.Gillibrand, D-N.Y., said during a visit to Syracuse on Monday that she decided to speak out after discussions with community stakeholders who favor the grid over a tunnel or new elevated highway."Given where the stakeholders are -- and given what...

Yes, in New York, there's a "capital tax" -- a tax on money you have in the bank. New York, apparently, wants to encourage companies to take as much risk of bankruptcy as possible, by raising or retaining as little cash as possible, so it taxes them on cash they have in the bank. And we raised a whopping $3 million last summer, and we still have it in the bank. So that means we have to pay New York $10,000 of "capital tax" as punishment. Never mind that we've created 45 new jobs in New York and that most...