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21 décembre 2010

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Crosby, who is also senior dicoetrr of policy for COST.The search is on, Crosby quipped, for the “magic tax”—that “ever-elusive revenue source that nobody minds paying.” And after looking high and low, he predicted, states will give up the search and resort to tried and true methods of closing shortfalls—they will cut spending and raise revenues—resorting to tax increases, fee increases, rollbacks of tax breaks, and other measures.To the extent that they can, Crosby predicted, states will push their revenue problems downward, onto county and municipal governments, either by cutting direct aid to localities or cutting back on programs to provide tax relief to homeowners.

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