U.S. states bestow inopportune tax cuts - rob_cyran -
Forty U.S. states have passed or are considering tax cuts according to Fitch Ratings. Measures include cuts to capital gains, corporate, fuel, personal income, property and sales taxes.
While most states are reducing levies temporarily, Idaho, Kansas, Michigan, Oklahoma and Virginia have enacted, or are considering, permanent tax cuts.California Governor Gavin Newsom talks with the press after speaking at St. Mary's Center during a Stop the Recall rally ahead of the Republican-led recall election, in Oakland, California, U.S., September 11, 2021.
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