At least 10 states are considering some kind of major increase in sales or income taxes: Arizona, Connecticut, Delaware, Illinois, Massachusetts, Minnesota, New Jersey, Oregon, Washington and Wisconsin. California and New York lawmakers already have agreed on multibillion-dollar tax increases that went into effect earlier this year.
Fiscal experts say more states are likely to try to raise tax revenue in coming months. [via WSJ]
How is it that the gov. can easily raise spending in good times but can’t lower it in bad times. Well done guys, just throw more taxes at us for your incompetence.