The Public Purse offers you serious thinking about economic, financial and political trends at the U.S. state and local level with a focus on municipal credit risk
TAG | state income taxes
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Oregon Tax Hikes Passed by Voters
0 Comments | Posted by Natalie Cohen in Voter initiatives, states
Oregon voters passed Propositions 66 and 67 yesterday which support Governor Kulongowski’s budget proposal. The following link will give you detail on the propositions, the vote, the key donors to each campaign and the groups advocating pro and con. Oregon is a high income tax state and ranks high among the states with large budget deficits and [...]
State legislatures, required to balance their budgets, are up against the wall. Budget gaps have worsened mid-year. When you total the gaps going into the budget for FY2010 with mid-year fissures you come up with more than $190 billion according to a recent report from the Center for Budget and Policy Priorities. This is after [...]