Press Room: Article

February 22, 2010

State Tax Impact of Widening State Budget Gaps

With the economy in one of the worst downturns in history, state governments have begun to face the stark realities of the recession.

Most states have seen unprecedented unemployment and unemployment claims draining the system. While the funding for these claims is supplemented by the federal government, the states have seen total revenues drop to an extent they have never experienced…

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