Census Bureau data shows a sharp increase in state tax collections, which has some observers asking, Where's the money?There's always a bull market in government spending.Those who want higher taxes can vote.
Tax experts were not surprised by Census Bureau data that showed U.S. state taxpayer burdens climbed 41 percent between 1994 and 2004, due in part to rising education and Medicaid costs.
The census data numbers do not include federal or local taxes, which in many states account for a large portion of tax collection.
Thursday, February 09, 2006
Census Bureau Data Shows A 41% Jump in State Taxes Between 1994-2004
ABC News reports: