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United States: 30 states have raised taxes since January 2009

This is a discussion on United States: 30 states have raised taxes since January 2009 within the Tax Issues forum, part of the BUSINESS & FINANCE LAW category; While the stimulus law cut federal taxes to inject money into the economy quickly, at least 30 states have raised ...

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Old Sep 5th, 2009, 06:07 PM   #1
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Default United States: 30 states have raised taxes since January 2009

While the stimulus law cut federal taxes to inject money into the economy quickly, at least 30 states have raised taxes since January, according to the Center on Budget and Policy Priorities, a liberal fiscal policy group. The stimulus will spend $27.5 billion in federal money on highway projects, but at least 19 states are planning to cut their highway spending this year, according to the American Road & Transportation Builders Association, a trade group. And as the stimulus devotes $8.4 billion to mass transit, transit systems across the nation have been forced to cut service, raise fares and delay capital spending.

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http://www.nytimes.com/2009/09/05/bu...tcloud.html?hp
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federal taxes, states cut back, states layoffs, stimulus aid, stimulus law, us economy



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