Closing a loophole -- especially such a large loophole -- is different from a tax increase. The Governor is attempting to bring a measure of fairness back into the state's tax policy, which in recent years has emphasized regressive taxes (sales taxes and the like) levied upon the powerless . I commend him Governor Spitzer for his courage and high principle.
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Closing a loophole -- especially such a large loophole -- is different from a tax increase. The Governor is attempting...