Word: jerseyed
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...budgets: mainly, a raft of tax hikes and service cuts. Vermont is shutting down highway rest stops and decimating its Agency of Natural Resources. In Washington, 40,000 people are losing their state-subsidized health care, and public-college tuition could be going up as much as 14%. New Jersey is hiking taxes on high-income earners, cigarette smokers (an extra 12.5 cents a pack) and drinkers (a 25% increase on wine and liquor...
...will skedaddle. “The wealthy can move their tax home easily,” said State Representative Pam Sawyer, a Republican. Democrats are skeptical. “No one is going to move out of the state because we have an income tax of 6.5 percent. New Jersey is almost 9 percent or more. Massachusetts has a capital gains tax; we got rid of that,” said Barry. He has a point. Few people will move from Connecticut because of these changes...
...Granted, Yao's star has faded slightly in China, his jersey being outsold in recent years by other NBA stars like Kobe Bryant. But he is still closely followed. "I'm so bummed out about his injury," says Yan Xin, 27, a Yao fan who never misses a Rockets game when they are televised in China. "In hindsight, he should have just focused on the NBA, and not be forced to play for the Chinese national team. I can't imagine how anyone can deal with such overwhelming pressure and intense schedules." (See pictures of China's sports schools...
...event, which is not a worship service, has been planned for several months, Pagano tells TIME, but drew little attention until the Louisville Courier-Journal ran a story in early June. Since then, Pagano, 49, a New Jersey native who's been in Kentucky for nearly 30 years and pastor of New Bethel for 10, has been swamped with interview requests. He's granted most of them, although he declined a request from ABC's Nightline to set up during the event because he fears the cameras would be invasive. (See pictures of "Gun Culture, U.S.A...
...financial-industry cutbacks, the next big wave of woe could be a nor'easter of collapsing home prices. That's the forecast of an extensive new report on residential real estate by Deutsche Bank, which calls for home prices in metropolitan New York City (which includes Westchester, northern New Jersey and other nearby areas) to fall 40.6% from the prices that prevailed in March...