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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Win-Lose-Draw who wrote (25073)1/20/2003 2:29:10 AM
From: LTK007  Read Replies (1) | Respond to of 30712
 
i read the same in the NYT,WLD. max



To: Win-Lose-Draw who wrote (25073)1/20/2003 11:26:21 AM
From: indy  Respond to of 30712
 
<<< came across a generic news article claiming the divie tax cut would cost states "tens of billions" due to the hit on munis. have no idea how accurate that number is, not hard to believe, though. >>>

It will also cost the states who have income taxes with the taxable income tied to the federal adjusted gross income. The reduction to state income taxes will be significant. Guess who will get to make up this state tax revenue short fall!!!! Yep!! You are the one!