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More taxes only option left

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posted on May, 20 2009 @ 10:24 AM
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Facing mounting budget deficits and seeing few areas left to cut spending, states increasingly are turning to the only option they have left: raising taxes.



Already, 16 states have taken this unpopular step this fiscal year, and another 17 have proposed tax hikes for the coming year, according to the Center on Budget and Policy Priorities, a policy group.



In one of the more extreme measures, Illinois Gov. Pat Quinn has proposed a 50% increase in state personal income and corporate taxes.


money.cnn.com...




posted on May, 20 2009 @ 10:38 AM
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There is no such thing as "nothing left to cut."



posted on May, 20 2009 @ 10:48 AM
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WOW. People can't even pay their bills, yet government wants to dive deeper into their pocket??!!???


These guys truly have no clue!


I have a CRAZY IDEA, how about they quit waisting our money on BS and start spending it.....RESPONSIBLY!!!

Imagine that.....



posted on May, 20 2009 @ 10:51 AM
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They can print more...which is an inflation tax...but they don't actually need to legislate taxes.



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