Comments on: Today’s Headlines http://www.streetsblog.org/2007/07/25/todays-headlines-206/ Covering the New York City Streets Renaissance Fri, 10 Feb 2012 16:07:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Herb http://www.streetsblog.org/2007/07/25/todays-headlines-206/comment-page-1/#comment-34473 Herb Wed, 25 Jul 2007 17:11:59 +0000 http://www.streetsblog.org/2007/07/25/todays-headlines-206/#comment-34473 Raising the price of Reeboks is a tax increase!! Everything's a tax!! yarghhhhhhhhhh *head explodes* Raising the price of Reeboks is a tax increase!! Everything’s a tax!! yarghhhhhhhhhh *head explodes*

]]> By: Angus Grieve-Smith http://www.streetsblog.org/2007/07/25/todays-headlines-206/comment-page-1/#comment-34460 Angus Grieve-Smith Wed, 25 Jul 2007 14:49:05 +0000 http://www.streetsblog.org/2007/07/25/todays-headlines-206/#comment-34460 From the Times article: <blockquote>“I would never say there cannot be a fare hike, but a fare hike is tantamount to a tax increase, and it should be enacted as far into the future as possible,” Mr. Liu said.</blockquote> Good on John Liu, borrowing the "tax increase" rhetoric from the anti-pricing people. I'll go him one further: it's a <i>regressive</i> tax! From the Times article:

“I would never say there cannot be a fare hike, but a fare hike is tantamount to a tax increase, and it should be enacted as far into the future as possible,” Mr. Liu said.

Good on John Liu, borrowing the “tax increase” rhetoric from the anti-pricing people. I’ll go him one further: it’s a regressive tax!

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