- In Florida tax revenue is projected to drop this year for the first time since the energy crisis of the 1970s.
- New Jersey could face a $2.5 billion shortfall by mid-2008, according to Governor Jon S. Corzine, and may lease its turnpike or its lottery to a private company to raise money.
- In California income tax receipts in January were $1 billion less than forecast.
- Maryland’s real estate transfer tax revenue has tumbled by 22 percent this fiscal year.
- Connecticut’s real estate transfer tax revenue, which state budget analysts predicted would fall by 3.6 percent, is down by 13.3 percent so far.
Wednesday, April 11, 2007
Housing Slump Pinches States in Pocketbook-what to do?
is the title of a NY Times story that documents the following(thanks to Mish):
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