
Source: Monica Davey / The New York Times
In the scramble to find something, anything, to generate more revenue, states are considering new taxes on virtually everything: garbage pickup, dating services, bowling night, haircuts, even clowns.
“It’s hard enough doing what we do,” grumbled John Luke, a plumber in the Philadelphia suburbs. His services would, for the first time, come with an added tax if the governor has his way.
Opponents of imposing taxes on services like funerals, legal advice, helicopter rides and dry cleaning argue that this push comes as businesses are barely clinging to life and can ill afford to see customers further put off by new taxes. This is especially true, they say, in states like Michigan and Pennsylvania, where some of the most sweeping proposals are being considered this spring.
But this is also a period of economic gloom for states. Pension funds are in the red, federal stimulus help will soon vanish, and revenues from traditional sources like income and property taxes are slumping ever lower, with few elected officials willing to risk voter wrath by raising them.
To read this article in its entirety visit The New York Times.
Sphere: Related Content
Related Posts
Source: John Collins Rudolf / The New York Times
One of the worst economic downturns of modern history has produced ...
READ MORE
Source: Nelson D. Schwartz and Louise Story / The New York Times
The Lazarus-like recovery of the nation’s big banks did ...
READ MORE
Source: Randal C. Archibold/The New York Times
The California budget crisis has forced the state to address a problem that ...
READ MORE
Source: The New York Times
The Senate Banking Committee’s chairman, Christopher J. Dodd, Democrat of Connecticut, proposed legislation in November that ...
READ MORE
Imagine if, one year ago, Congress had passed a stimulus bill that really worked.
Let’s say this bill had started spending ...
READ MORE
Source: USA Today
Local governments, once a steady source of employment in tough economic times, are shedding jobs in unprecedented numbers, ...
READ MORE
Source: CNN Money
New York - When the unexpected strikes, most Americans aren't prepared to pay for it.
A majority, or 64%, ...
READ MORE
Visit msnbc.com for breaking news, world news, and news about the economy
Source: MSNBC
Central Falls, R.I. - The city of Central ...
READ MORE
Source: CNN
BIRMINGHAM, Ala. - Alabama's largest county began laying the groundwork Tuesday for what would be the largest-ever U.S. municipal ...
READ MORE
Source: Hope Yen / AP / MSNBC
Wshington— The wealth gaps between whites and minorities have grown to their widest levels ...
READ MORE
Pay Garnishments Rise as Debtors Fall Behind
Hedge Fund Managers Got MASSIVE Paydays During Financial
California, in Financial Crisis, Opens Prison Doors
Finance Reform Bill May Exempt Payday Lenders
Judging Stimulus by Job Data Reveals Success
Budget Cuts Claim Hundreds Of Thousands Of County,
Most Americans Can’t Afford A $1,000 Emergency Expense
Rhode Island City Files For Bankruptcy (VIDEO)
Birmingham, Alabama Facing Record Bankruptcy
Wealth Gap Widens Between Whites, Minorities