According to U.S. Census Bureau figures, reported in the September 2005 issue of Budget & Tax News, state tax revenues are climbing much faster than initial estimates in most states. States received $154.9 billion in tax revenues in the first quarter of 2005, nearly 10 percent more than in the first quarter of 2004.
Also on page 1:
- an 18-state network has been created by the Streamlined Sales Tax Project, aimed at allowing states to collect cross-border sales taxes;
- a Tennessee town's TABOR will return a $515,000 budget surplus to local taxpayers; and
- Washington state voters will get a chance this November to repeal a gasoline tax increase lawmakers passed at the end of the spring legislative session.
The issue's centerspread highlights news from Minnesota, where a budget battle resulted in a week-long government shutdown and, for his principled stand against tax increases to deal with the crisis, State Rep. Phil Krinkie (R-Lino Lakes) was named "Hero of the Taxpayer" by Americans for Tax Reform.
Also in this issue: federal beer tax, Michigan cigarette smuggling, TELs in Ohio and Washington, "living wage" laws, union defections, Chicago tax increases, eminent domain, flight service privatization, Iowans for Tax Relief, tax hikes and the Virginia GOP, Social Security, and more.
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