What Do You Mean “Us,” Kemosabe?

Crain’s New York Business jumped into the Obama news fest today with an article on what his presidency will mean for us, New York City. Notwithstanding the balance-for-balance’s-sake subhead (“Barack Obama’s urban-centric policies will be a help to the New York area, but his tax plan could more than offset the potential benefit from some of his other policies”), the article by Erik Engquist actually lays out the counterarguments to the conservative “if you take a walk, he’ll tax your feet” argument:

E.J. McMahon, a senior fellow at the conservative Manhattan Institute, calculates that over two years, the Obama tax cuts would be worth $13 billion to some state residents but increases would cost others $16 billion.

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