WyBlog

Another day, another Corzine proposal for a tax increase

I'm shocked, shocked!, to read that Jon Corzine is proposing another tax increase. This time it's the gas tax. Corzine has always said it's "too low" and he's planning to raise it so he can fund NJ Transit's new rail tunnel under the Hudson River. You know, the new tunnel that doesn't connect to any other railroad. So Amtrak or the LIRR can't use it. Call it "the tunnel to almost somewhere".

A rail connection to the existing Penn Station had to be scrapped because unstable rock above the new terminal forced NJ Transit to lower the depth of the new station to 150 feet. A connection to Grand Central Station in Manhattan was scuttled because New York City would not allow digging near a 92-year-old water tunnel serving much of Manhattan.

But they're plowing ahead, spending $8.7 billion of our tax dollars on the biggest transit project ever undertaken in the United States. Except, they haven't exactly figured out how they're going to pay for it yet.

Until now. If Jon Corzine wins re-election, we'll get socked with higher gas prices to fund this ill-conceived boondoggle, whether or not any of us will actually benefit from it. Yippee-kai-ay.

Posted at 09:47 by Chris Wysocki   [/election]   Comments | Archived | Perm Link |
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