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To: Mike M2 who wrote (209185)12/12/2002 11:20:42 AM
From: Earlie  Respond to of 436258
 
MKike:

National corporate tax receipts have been on a steep slide for years(and of late, the slope has steepened). Obviously the states do not have a monopoly on imploding income.

Of course at the same time, state and federal expenditures are put under consequential upward pressure by rising unemployment. Can we all spell "deficits"?

Best, Earlie