Making Matters Worse. . .

From the Washington Times: "States set to impose bevy of new taxes: Likely to prolong recession, critics say." Excerpt: One of the most sweeping revenue packages comes out of New York, where Democratic Gov. David A. Paterson wants to raise…

From the Washington Times: “States set to impose bevy of new taxes: Likely to prolong recession, critics say.” Excerpt:

One of the most sweeping revenue packages comes out of New York, where Democratic Gov. David A. Paterson wants to raise $4 billion with 137 new or increased taxes and fees in the budget, including an 18 percent so-called “anti-obesity tax” on non-diet soft drinks. Satellite TV, cigars and professional licensing fees also are targets.

Of course, many states will likely feel pressure to impose taxes to shore up underfunded public pensions, which have taken a hit in the recent economic crisis, and to fund post-retirement health care for public workers.

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