
States Look for More Ways to Tax Small Business
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Missing Money
Articles and video discussions of the $21 Trillion dollars missing from the U.S. government
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States Look for More Ways to Tax Small Business
Remember the line from The Beatles’ “Taxman”? — “If you try to walk, I’ll tax your feet”?
There may be some truth in it–literally. Facing large budget shortfalls and unwilling to raise general taxes in a slow economy, states are looking for creative ways to raise a little extra revenue here and there, including taxing shoe repair. Here are some of the proposed new taxes and user fees under review by state governments across the country. Some plans will be met with public scorn; others will be adopted with little notice.
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