Despite Antares’s best efforts, including a phony PR visit by A Rod last summer to this 35,000 square foot instant white elephant (picture in link, above) the partnership’s mansion project is in complete disarray. How’d you like to be the chump who paid $10,000,000 for your house one month and watch the identical house next door sell for six just five weeks later?
Daily Archives: August 2, 2008
The Connecticut section of the New York Times (link above) discloses that, surprise! our government’s been taxing the hell out of us under the guise of a gasoline tax (50¢ a gallon and climbing, as it’s based on the price, rather than fixed by gallonage) that was supposed to be devoted to rebuilding and maintaining our roads. Ain’t happening. Since the tax was passed in 2003, over a billion dollars have gone to non-transportation items and this year another two hundred million is destined for the same rat hole. You may remember that Lowell Weiker and his cronies pushed an income tax on the state with the promise that they’d use it wisely and balance our budget. Since then our population has gone down, the number of state workers has increased 200% and we haven’t seen a balanced budget. We have, however, brought back the estate tax, imposed a real estate conveyance tax and then doubled it and, in general, seen our Legislature spend our money with abandon.
By the way. Just like Obama’s latest promise to impose a windfall profits tax on the oil industry (Exxon’s record profits last quarter amounted to a 10% profit margin – media companies, with the exception of the dying New York Times, make close to twice that) and pass out his largess to “American families, 25¢ of our gas tax is called a “wholesaler tax”. This was supposed to tax the windfall profits of gasoline wholesalers and was passed on to the consumer. Guess who will see their oil prices increase if taxes are raised on oil companies? The American family. But we’re stupid and it sounds good.