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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: re3 who wrote (87139)10/1/2007 10:21:46 AM
From: stan_hughes   of 110194
 
"The [Michigan] state Legislature agreed early Monday to raise the income tax and expand the sales tax to services"

Yep, that'll sure stimulate things in the Water Winter Wonderland -- look for other states and local counties and cities impacted by the housing bust to get caught in the same vice as property tax revenues they had planned on spending evaporate before their very eyes
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