From the Daily Show – Revenue Crunch for States

Main St. Anytown U.S.A. http://www.thedailyshow.com http://media.mtvnservices.com/mgid:cms:item:comedycentral.com:371595 Most states (47 of 50) are out of money and looking for ways to generate revenue without increasing taxes or changing tax structures. The fear seems to be that if taxes are increased, businesses and people with higher incomes will leave the state and relocate to other states where taxes are lower. I think this argument is too simple. It’s impossible to have low taxes and a high standard of living. A high standard of living means good schools, affordable health care, transportation infrastructure, clean and safe neighborhoods. That has a cost. It’s a … Continue reading From the Daily Show – Revenue Crunch for States