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RE: The Macro Moment: NY Tax Holiday On Gas - Are We In For A Crash

in LeoFinance • 4 years ago

I didn't realize that they couldn't sell bonds to fund their expenditures. So bonds can only be sold for things like projects? So I guess that tax revenue will definitely need to be made up elsewhere.

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     4 years ago  

    I actually misspoke on that. They can fund for day to day, just not run deficits.

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