11/6/09

Sell the Pell Bridge or Raise Taxes?

Selling or leasing out state property is being seriously considered in light of the financial crisis facing the state. We could sell the Jamestown and Pell Bridges, for example, to a private company that would operate them for us. The Central Landfill is another example of an asset that the state doesn't have to own or operate - and in this cases anybody else would run it better than the previous crew that wasted $75million in taxpayer money over the past decade.

Selling off state properties: good or bad? If selling peoperties could raise enough money on an ongoing basis to offset a rise in taxes, wouldn't that be prefereable?

what do you think?