Always Thinking.

Arnold Palmer once said golf was "deceptively simple and endlessly complicated."

The same can be said for state and local taxes.

Tuesday, June 30, 2009

States Struggle to Reach Budget Finish Line

As stated in previous posts on this blog, states are struggling to pass balanced budgets prior to the new fiscal year (July 1st), due to the issues they are having to address (i.e., cutting services or raising taxes).

The Wall Street Journal reported today that ten states are racing to finish budgets by the end of today.

Click on the following link to access the article:

http://online.wsj.com/article/SB124631641224470651.html

If you have any questions regarding the budget in your state (i.e., tax law changes that may impact you or your company), please contact me at leveragesalt@earthlink.net.

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