A new report by the Center on Budget & Policy Priorities has released a new study stating 23 states have raised taxes of all types, regressive "item" taxes such as cigarettes, automobile licensing fees, business taxes, property and personal income. States have also slashed social services.
States that have raised taxes
What is most interesting is how this report concludes this is the right response. But the results are opposite of what the Federal Stimulus was supposed to do, which was decrease taxes, increase social safety net payments and also fund infrastructure projects to create jobs.
Could it be that the states response is negating Stimulative effect?
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