Sunday, December 28, 2008

Congestion Pricing is a regressive tax. Nobel Economist explains the logical alternative

Joseph E. Stiglitz, Columbia University professor and recipient of the 2001 Nobel Memorial Prize in Economics sent a letter to Govenor Paterson, Joseph Bruno, and Sheldon Silver explaining why a millionaires tax is "econmically preferable" to raising regressive fees or cutting state spending.

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