New York City is dependant on big Wall St payouts for a substantial part of the taxes used to run the city. Go ahead and cut them and two things will happen, 1. the city will face huge budget cuts in education, etc. AND 2, execs and others will take their expertise and go to work for big foreign banks and the US will become uncompetitive in an area that it once counted on to replace thousands of closed factories.BYJonon 10/21/2009 at 16:22
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