This is a LONG report with graphs, and links to individual states.
sales tax receipts have not been hit nearly as hard as income tax revenues. But the problem with the sales tax is that its base has not moved forward with the times. Nearly every state has a defective sales tax in terms of dealing with the economy of the 21st century,
In one sentence he admits that a sales tax is much more stable than an income tax and in the next he derides it as being "defective" and "not moving with the times". By which he obviously means that we have refused to become Marxists!
How DARE we refuse to implement an income tax like the rest of the lemmings!
Here is all you need to know about Governing:
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Governing is a monthly magazine whose primary audience is state and local government officials: governors, legislators, mayors, city managers, council members and other elected, appointed and career officials. They are the men and women who set policy for and manage the day-to-day operations of cities, counties and states, as well as such governmental bodies as school boards and special districts.
The magazine has a circulation of about 86,000. Besides public officials, its readers include journalists, academics, companies that provide products and services for government, and involved citizens with an interest in the governments closest to them.
Governing is published by Congressional Quarterly, Inc., a subsidiary of the Times Publishing Co. of St. Petersburg, Florida. In 1994, Governing acquired City & State magazine, and the two publications were merged into Governing.
Governings offices are located at 1100 Connecticut Ave. N.W., Suite 1300, Washington, DC 20036. Phone: (202) 862-8802. Fax: (202) 862-0032. E-mail: mailbox@governing.com
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Written by big government pogues for big government pogues!
Why should we expect any other outcome or recommendations from a group of people determined to grow the power and reach of government?
Considering the condition that Rockefeller left New York's finances in, this looks like some kind of sick joke.
The way things are arranged today, if states don't have an income tax, the money that they would have taken just goes to the federal government. It's a bad idea, as it encourages states to adopt income taxes, but it's obvious why the high income tax states and the federal government wanted things that way. If there wasn't this guaranteed bite taken of incomes, there would be even greater flight to low tax states.