Where Taxes Are Already Going Up - Yahoo! Finance
If you're paying attention to the drama over the "fiscal cliff," you
know that federal income tax rates will skyrocket at the end of this
year, if Congress fails to act. That's sure to be a huge battle. But
taxes are already going up in a lot of states and cities, in a preview
of what's coming sooner or later at the federal level.
A new analysis by the nonprofit Tax Foundation shows that 13
states and the District of Columbia raised sales tax rates between 2007
and 2011, largely to rake in more revenue as the recession cut into
state budgets. In Arizona, California, Indiana, Iowa, Kansas, Maryland,
Massachusetts, and Utah, sales taxes rose by a full percentage point or
more, though in a few of those states, the increase is supposed to be
temporary.
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