States Scramble to Boost Tax Revenue as Federal Aid Dries Up

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With tax revenue receipts still in the tank for most US states, they are scrambling for ways to boost tax receipts.  Accounting Today reports: States are intensifying theirefforts to confront the challenge of winnowing down budget shortfalls by raising sales tax rates, increasing the number of items taxed, and more aggressively asserting nexus. “States are […]

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The Sacramento Business Journal reports: California State Fair officials hit the books, cut prices and revamped the fair’s calendar in an attempt to increase dwindling attendance. So far, the measures appear to be working, reports the business journal.  This is, of course, yet another example of deflation. And in case you missed it, on Friday […]

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