It makes for a compelling argument. But the devil, as with any plan, is in the details. To start, the city has basically closed the books already on Budget 2001 on both the operating and capital sides. Don't raid capital to fund operating expenses. Allow me to reiterate, I like tax cuts, but they must be sustainable.
Tax cuts are welcome.
But they must be sustainable year over year over year. If you think this is fear mongering, look at what happened recently in Toronto with their budget woes. The mayor is playing a dangerous game of tax savings chicken with the province. Until all the numbers and details are put on the table, yours truly will remain more than a little skeptical. Right now this tax cut idea is more about politics than policy.