Good question. I don't know the answer but I do know that there are a lot of big cities in America, mostly run by Democrats, that would LOVE to raise taxes... but they don't because they fear the rioting. Believe me when I say every big city Mayor in America is watching New York very carefully right now. If Bloomberg et all get away with this with little to no pain from the voters, we can all expect to see similar events in our own cities in the very near future.
UPDATE: Ahem
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Well my comments would exceed the allotted space, so I went ahead and wrote my own post on this subject matter.
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