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View Diary: The Devil Is in the Details -- State and Local Taxes (40 comments)

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  •  Sales tax suffers from that much worse (1+ / 0-)
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    Tim DeLaney

    It drops more than the drop in income because everyone that feels like they may become unemployed if things continue also pull back their spending.

    Washington state gets hammered every recession because we rely heavily on sales tax and have no income tax. I doubt a state income tax will ever pass with the voters here unless the ability for state or local governments to impose a sales tax is eliminated.

    The failure to nail currant jelly to a wall is not due to the nail; it is due to the currant jelly. Theodore Roosevelt

    by notrouble on Sat Dec 03, 2011 at 11:29:44 PM PST

    [ Parent ]

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