Unforseen circumstances

Wall Street bankers in New York are getting much smaller bonuses this year than last year.

That’s a good thing, right?  In view of the financial apocalypse, they deserve less.

Only thing is, New York City and New York State made a lot of money out of taxing those bonuses, and between them they are looking at over $1bn less money to spend on everything that city and state government needed to pay for. 

It’s a tough time for local government cuts.

Read more by or more about , , , or .
This entry was posted in LDVUSA.
Bookmark the web address for this page or use the short url http://ldv.org.uk/10848 for Twitter and emails.
Advert

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

If you are a member of the party, you can have the Lib Dem Logo appear next to your comments to show this. You must be registered for our forum and can then login on this public site with the same username and password.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?

Advert



Recent Comments

  • User AvatarCara Jenkinson 29th Jan - 11:42pm
    Ian and John Tilley - one of the problems is that energy is actually too cheap, not too expensive. The current cost does not take...
  • User AvatarTim13 29th Jan - 11:23pm
    Of course, LJP, there are huge vested interests in opposing any sort of development.
  • User AvatarStephen Donnelly 29th Jan - 10:46pm
    On Saturday there are speeches by Danny Alexander.......with Nick Clegg. Policy debates include mental health, the manifesto (surprisingly titled Stronger Economy and Fairer Society), green...
  • User AvatarJohnTilley 29th Jan - 10:31pm
    It is obvious that the rightwing press are drip-feeding nonsense about the NHS . As Dr Royce says in her article -- " It serves...
  • User AvatarRuth Bright 29th Jan - 10:23pm
    I like the PPB but it would work better with "Walk on by"
  • User AvatarStephen Donnelly 29th Jan - 9:42pm
    Rich types who see their shares claim Entrepreneurs’ Relief, as do hard working type who have built a business from scratch, creating employment, and prosperity.