Skip to comments.States Cut Taxes Even As Washington Raises Them
Posted on 01/09/2013 6:24:38 AM PST by SeekAndFindEdited on 01/09/2013 6:27:05 AM PST by Admin Moderator. [history]
Although federal taxes are rising for three-quarters of Americans this year, many states have spent the last two fiscal years cutting levies and simplifying their tax codes. Even as high profile battles to raise taxes in places like California have garnered the press's attention, from Kansas to Michigan to Oregon and New Jersey, states have actually been net tax cutters recently after trying for several years to tax their way out of budget woes.
(Excerpt) Read more at realclearmarkets.com ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.