1) As the somewhat dormant plan—for the moment anyway—to increase taxes on adjacent property owners to pay for the long-term funding deficit for the Parkway, it is instructive to read about how many people are responding to ever-increasing taxes in the two already highest-taxed states, California and New York, which this article does.
An excerpt.
“Anyone who thinks the path to "fiscal discipline" is through higher taxes ought to look at the current budget spectacles in New York and California. The two liberal states have among the highest tax burdens in the country, yet both now find themselves with huge budget deficits and are debating still higher taxes to close the gap.
“California has the highest state income tax rate in the country (10.3%), while New York State also has a high income tax rate (6.85%), with the combined state and city rate rising to 10.5% in New York City. Their overall government spending totals also happen to top the national charts. And, what do you know, California is $15 billion in the red this year while New York is trying to close a $6.4 billion 2009 budget hole, which budget expert E.J. McMahon of the Manhattan Institute expects to grow to $26 billion over three years…
“The politicians who want all these new taxes are the same ones who scratch their heads and wonder why so many hedge funds are already based in Connecticut, or why Manhattan is losing its status as financial capital of the world. So far the only voice of reason has been Democratic Governor David Paterson, who has attacked the tax increase and wants spending cuts first.
“Mr. Paterson knows what he's talking about, as New York State spending has climbed by 45% in the last five years, according to the Manhattan Institute. As for California, its spending soared to $145 billion in 2008 from $104 billion in 2004. Every time the politicians raise taxes, they merely lift their spending by as much or more, and then plead poverty and demand another tax hike during the next economic slowdown.
“The "progressives" who dominate politics in these states target the rich on grounds that they have the ability to pay. They also have the ability to leave. From 1997-2006, New York State lost 409,000 people (not counting foreign immigrants). For every two people who move into the state, three flee. Maybe the problem for New York is merely bad weather, not high taxes.
“Except that sunny California is experiencing a similar exodus. Over the past decade 1.32 million more native-born Americans left the Golden State than moved in -- despite beaches, mountains and 70-degree weather. Mostly the people who have fled are the successful, the talented and the rich.”
2) In one of the most wonderful examples of what science can do, the new supercollider is super in many ways, but why did it get built in Europe rather than the United States, the world leader in advanced physics research, until now, as this article explains.
An excerpt.
“At the heart of this debate is a truly mammoth machine, 17 miles in circumference, straddling the French-Swiss border. After $8 billion and 14 years of work by thousands of physicists and engineers, the LHC has finally been fired up. It's purpose is to accelerate two beams of protons to 99.999999% light speed in a huge tube in opposite directions and then slam them into each other to recreate the sizzling temperatures found at the instant of the Big Bang, and thereby unlock the greatest secrets of the universe.
“At the very least, physicists hope to find a new particle, called the Higgs boson, the last piece of the Standard Model of particles. But some physicists hope to do even better. The LHC might shed light on the "theory of everything," a single theory which can explain all fundamental forces of the universe, a theory which eluded Albert Einstein for the last 30 years of his life. This is the Holy Grail of physics. Einstein hoped it would allow us to "read the Mind of God."
“Today, the leading (and only) candidate for this fabled theory of everything is called "string theory," which is what I do for a living. Our visible universe, according to this theory, represents only the lowest vibration of tiny vibrating strings. The LHC might find something called "sparticles," or super particles, which represent higher vibrations of the string. If so, the LHC might even verify the existence of higher dimensions of space-time, which would truly be an earth-shaking discovery.
“But why, some ask, is this machine being built in Europe, and not the U.S.? President Ronald Reagan originally wanted to build a much larger machine, called the Super Conducting Super Collider, outside Dallas, Texas, to maintain U.S. leadership in advanced physics. Congress allotted $1 billion to dig a huge circular hole for the machine. But Congress got cold feet and cancelled it in 1993. Then Congress gave physicists another $1 billion to fill up the hole! As a consequence, Congress guaranteed that leadership in advanced physics would pass from the U.S. to Europe.”
