Thursday, June 18, 2009

CA, NY, FL, MA, AZ, NV be prepared for tax hikes / loss of services

This article is says that California, New York, Florida, Massachusetts, Arizona, and Nevada will be likely cutting services and increasing taxes.

The estimated deficits are as follows:

  • California: about $25 billion

  • New York: about $17 billion

  • Florida: $6 billion

  • Massachusetts and Arizona: about $3 billion

  • Nevada: $1.2 billion

Click here for a brief view of the deficits, how large a percentage it is in relation to each respective "general" fund, and how each state may help narrow the gap.


I have posted a brief link to a "60 Minutes" segment regarding cuts in cancer treatment in Nevada. Click here for that post.

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