The January 2007 issue of Budget & Tax News reports on a wide range of election results, including page 1 coverage of property rights initiatives (overwhelmingly approved by voters) and spending cap measures (mostly rejected).
Page 1 also reports that Minneapolis, Minnesota has lifted its government-imposed cap on the number of taxicabs in the city, and that a railroad is seeking a $2.3 billion loan from the federal government--more than twice the size of the Chrysler Corporation bailout in 1979.
Also in this issue: unfunded health and pension obligations, progressivity in the U.S. tax code, taxes on smokeless tobacco and soft drinks, electricity deregulation, unions, international tax competition, and more.
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