Another Bush tax plan further cripples the states

The fiscal outlook for the states keeps growing more dire, and the latest federal tax cut is just exacerbating the situation.

You can read some of the things I’ve said about the state fiscal crisis and federal tax cuts here, here, here, here and here.

On edit: I haven’t mentioned Krugman’s “Stating the Obvious” because I’m assuming you’ve all read it. If you haven’t, you really must.


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