Abstract: A 10 page essay on some of the effects of unthinking tax levies of state and local governments in their desperate attempts to increase their revenues. With an extreme lack of forward-thinking, many state and local governments attempt to have businesses bear the brunt of their budget deficiencies for the short-term without thinking through the long-range implications. Connecticut is used as an example: the state doesn't have exhorbitant tax rates for its businesses, but many families are finding that their best option is that of leaving the state, and Bridgeport, Connecticut's most formerly-industrialized city, now claims the lowest-priced existing industrial real estate in the country. Bibliography lists 6 sources.
Filename: Taxrefo.wps
Pages: 10
Catagory: Money & Banking / Corporate Finance
Subcatagory: Accounting & Personal Finance
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