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States Cut Taxes Even As Washington Raises Them
RCM ^ | 01/09/2013 | Steve Malanga

Posted on 01/09/2013 6:24:38 AM PST by SeekAndFind

Edited 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 ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: dc; states; tax; taxcuts

1 posted on 01/09/2013 6:24:42 AM PST by SeekAndFind
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