According To NY1, Mayor Bloomberg's proposed congestion tax is dead in the water. This is reportedly due to him not gaining timely support for the tax in the State Assembly. NY1 is stating that NY's mayor needed to garner support by midnight tonight, in order to get millions in federal funding for his idea. Failing to do so, the plan for the tax has been currently nixed.
However, the shadow that this proposed tax casted, should be a lesson to us all. Look how quickly a maneuver can be made to implement a tax that would be a great economic strain on average citizens. We have to be better prepared for the next go around. To be forewarned is to be forearmed. [SIDEBAR: This might have just been a dry run for that oxygen tax (see the title for the post below)...but for tonight (and maybe just tonight), thanks NYC for letting me breathe in your polluted liters of oxygen for free...SMH].