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May 26, 2005

That Damn BushChimpHitler...

...and the tax cuts that are destroying this country...NOT.

States See Benefits, Challenges in Revenue Surpluses
Multibillion-Dollar Tax Windfall Allowing States to Slash Taxes, Improve Services

- A sweeping economic turnaround could mean tax cuts and better service for millions of Americans. For the first time since the year 2000, many states are finding that budget time isn't all about belt-tightening and cost-cutting.

States collected a record $600 billion in taxes last year -- an increase of 17.2 percent over 2003. Revenues are rising even faster this year, at a double-digit rate in some states.

Instead of fighting about how to cut their budgets, state lawmakers must decide how best to use the additional revenue.

Driven by higher consumer sales and personal incomes, tax revenues are up in states nationwide. Governments are using the money to improve roads, cut class sizes and give tax breaks to businesses.


Posted by tree hugging sister at May 26, 2005 06:43 PM

Comments

Well damn! How are we supposed to get a Democrat elected when the economy's going well?

Posted by: Ken Summers at May 26, 2005 09:12 PM

What to do, what to do...???

Posted by: tree hugging sister at May 26, 2005 09:57 PM

I'm going half-empty here. "Instead of fighting to cut budgets..."? The hell they say. Cut the things anyway. What is this mad propensity to spend it all and then whine when there isn't as much next year? Practice a little discipline BEFORE you need it, so you don't sit around wringing your hands and panicking when the smash hits.

Posted by: Nightfly at May 27, 2005 10:30 AM