State and local governments' tax revenues continue to drop, according to new Census Bureau numbers, which means governments will need to look for money elsewhere. This paper from business information provider CCH explains what businesses can expect on the transition tax side in 2010, including a likely tax rate increase.
Get Ready for the Sales Tax Surge [1] | Source: The Big Fat Finance Blog [2].
Links:
[1] http://bigfatfinanceblog.com/2009/12/30/get-ready-for-the-sales-tax-surge/
[2] http://bigfatfinanceblog.com/