The drawbacks of state taxes on financial transactions

Ulrik Boesen  |  January 12, 2021

By Ulrik Boesen, includes “Many states face budget shortfalls resulting from the coronavirus pandemic. … In an effort to close these budget holes, states are expected to look for new sources of tax revenue. … Lawmakers looking to close budget shortfalls would be well-advised to consider other and more stable avenues for new revenue.”

Read the full article on: Tax Foundation

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