NY to Lose $178M in Tax Revenue From 6 Goldman Sachs Execs Who Gave Up Bonuses

Fox News reports:

Gov. David Paterson said Friday that the loss of tax revenue from just six Goldman Sachs' executives will cost New York $178 million.

The executives complied with the urging of New York Attorney General Andrew Cuomo and others who said in November that major Wall Street companies benefiting from federal bailouts shouldn't pay out the usual huge bonuses to executives.

Great moments in "progressive" taxation.