yes, states are running out of money, but for the wrong reasons. Average taxpayers are losing shares of the wealth and income, and taxes for the wealthy haven't kept up to reflect their increase of the share of income. where there used to be more taxes to be had because more people spread out had more money, now the tax base has dried up. There will be some tough choices, do we load the rich and corporations (because thats where more of the money is now) or do we take away programs and increase it for the middle class? (also is a middle road where we tax everybody). Unfortunately, I feel as if most of the burden of these recovery bills are being shifted upon the middle class . Why? because money wins again.
Personally, If i had my way we would first go where the money is and work the way down. If you need more taxes it makes sense to go where the majority of the cash is loaded. Call it unfair or whatever, But if you need water from a sponge, it makes sense to get some out of the saturated one before you go try to wring the last few little drops out of the one thats only damp at best.
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