Dec. 14 (Bloomberg) -- New York stateâs deficit may be 22 percent wider than estimated by the Budget Division because tax revenue, including from Wall Street bonuses, may be less than expected. The division has forecast a 13 percent increase in taxable cash bonus payments to $39.7 billion, according to Erik Kriss, a spokesman. By contrast, Options Group, an industry consultant, estimates the annual payments will drop from a year earlier. Capital gains revenue also may fall short of estimates. âThe next administration will have to contend with a snowballing budget deficit thatâs growing fast and picking up speed,â Dennis Tompkins, a spokesman for state Comptroller Thomas DiNapoli, said Dec. 10 by e-mail. âNext yearâs deficit could total $11 billion or more.â Last week, Morgan Stanley told bankers and traders to expect 10 percent to 30 percent smaller payouts than for 2009, according to two people briefed on the matter. The compensation pool for bankers and traders at JPMorgan Chase & Co. fell 10 percent in this yearâs first nine months, while at Goldman Sachs Group Inc. the amount available was 18 percent lower, according to company reports last month. At least $1 billion of the fiscal 2012 gap is a carryover from the current yearâs imbalance, Tompkins said. âNothing has been done to address that deficit and it doesnât appear that the Legislature is going to take any action,â he said. ... Wall Street companies and workers accounted for about 15 percent of the stateâs tax revenue in the 2010 fiscal year, which ended March 31, down from 20 percent in years before the financial crisis, according to DiNapoli. .... The Budget Division has projected a surge in capital gains, to $57.7 billion in 2010 from $36.4 billion in 2009. .... http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=a4.6N74d2iLc So, Ben´s $600bn are not enough to boost investment banker bonuses? Why just not add another "0" to $600bn - problem solved and New York´s tax problem, too. Uncle Ben loves NYC. Surge in capital gains over $ 21bn. LOL !