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Since 1981, the State has been rebating 100% of the Stock Transfer Tax. This is billions of dollars that the State lets slip through their fingers every year. It's a massive tax break for the wealthy and it should stop.
Here's an idea for a new revenue stream: start ticketing jaywalkers and start enforcing bicycle laws. I'm a delivery driver and all day long I have to play dodge-em with bikes and pedestrians who are unpredictable because they rarely obey (or even know) the existing traffic laws. I fear that it is merely a matter of time before I run somebody over, and it will be their own fault.
Cigarette and cigar taxes should be rolled back to the previous level. Tobacco wholesalers and retailers are suffering a serious loss of business from the sudden (and ridiculously high) increase in the tax on cigarettes and other tobacco products. The State can not possibly be collecting as much money for cigarette taxes as they once were, considering that taxable sales of cigarettes have dropped significantly in some ...more »