Wednesday, August 05, 2009

Republican governor of Arizona has a budget for the recession:

Hard to believe, but it's true: (emp add)
The governor’s budget includes tax increases for shoppers, tax cuts for those making $150,000 or more as well as for corporations, sharp cuts to state spending and a cap on future education funding.

At the center of the conflict is the governor’s proposal that the state dig out of its shortfall — equal to a third of Arizona’s operating budget — with a 1 cent sales tax increase, to be put before voters on the November ballot.
Higher taxes for those making less than $150,000 (sales), tax cuts (unspecified, but probably income) for those making more than $150,000.

And during a recession.


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