Since the largest expenditures of most states governments is education...and most states are running deficits...lets give an additional $400.00 tax break to the families that are actually using the education system.
Makes sense to me.( /sar)
Makes sense to me.( /sar)
Say what? The $400 tax break is a FEDERAL tax not a state tax. The states get very little money from the Federal government - about 9% of a school's budget comes from the Feds.
Maybe the States are running deficits because they are spending too much. Like California where spending has gone up 30% in the last two years. And maybe, the deficits are there because the economy is weak. Weak economy, less tax revenue. Weak economy, less tax revenue, and increased spending - that's why the state's are in the mess they are.