Taxes go up in 33 states in response to declining tax revenues.
The tally for 2009 is in and it is historic. State tax revenues declines by $87 Billion, the steepest decline on record. This decline is attributed to lost jobs, reduced wages, and lower economic activity.
As tax revenues decline some states have responded by eliminating tax exemptions, increasing fees, and broadening tax bases.
Who said that the middle class would not see their taxes increase before the election?
The full report from the Center on Budget and Policy can be read below.
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