Get ready for 'change'........
NYC may soon have 15% income tax hike...
SORRY: NYC mayor says city can't afford $400 rebates... Big Apple May Get Hit With Big Tax Hike
Bloomberg Says Promised Property Tax Rebate Is Off Table
Reporting
Marcia Kramer NEW YORK (CBS) ― Mayor Michael Bloomberg is going to cut the city work force by 3,000, but that's just the beginning of the pain New Yorkers will feel as part of the fiscal crisis. A slew of new taxes are also on the agenda.
There will be 1,000 fewer cops, but the city will hire 200 more traffic agents to give out $60 million a year in new block-the-box tickets.
"The gravity of the budget situation requires us to propose both deep spending cuts and revenue increases," Bloomberg said.
The spending cuts mean reducing the city work force. The revenue increases mean taxes -- lots of taxes.
http://wcbstv.com/local/michael.bloombe ... 56839.htmlReality can be very harsh.....