Trudi Renwick | The New York Observer http://www.observer.com/term/trudi-renwick en Hoping for a Millionaire's Tax in a Bad Budget Year http://www.observer.com/2008/politics/hoping-millionaires-tax <img src="/files/article/edwardarnold.jpg" />The millionaire's tax was shot down earlier this year by David Paterson, but a senior economist at the Fiscal Policy Institute, Trudi Renwick, is hoping that it’ll be put back on the table in light of the fiscal crisis facing New York.<br /> <br /> It’s preferable because, she says, reducing state spending would be more damaging to the economy.<br /> <br /> “Cutting government spending is like knocking the economy when it’s down. Money spent by the... http://www.observer.com/2008/politics/hoping-millionaires-tax#comments Politics David Paterson Politics Daily Trudi Renwick Tue, 29 Jul 2008 15:20:22 -0400 http://www.observer.com/2008/politics/hoping-millionaires-tax