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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: microhoogle! who wrote (38980)8/25/2005 9:24:46 AM
From: TradeliteRead Replies (1) of 306849
 
re: <<Virginia is running surplus and there may be others that I don't know>>

Yes, VA has a budget surplus, brought about largely by a fear campaign by the governor about budget shortfalls and the need to raise taxes, largely in order to maintain the state's good bond rating on Wall Street.

So the general sales tax plus "sin" taxes on cigarettes got raised, and now some politicos can fight over what to do with the surplus, while the rest of the population can be angry about the unnecessary rise in the general sales tax.

....and the political beat goes on.........and on <<gg>>
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