Reginald Kaigler's thoughts on politics, social issues, the economy and world at large.
Showing posts with label tax revenue economic collapse bankruptcy states economy recession. Show all posts
Showing posts with label tax revenue economic collapse bankruptcy states economy recession. Show all posts
Thursday, December 3, 2009
10 States are facing Imminent Bankruptcy
There are at least 10 states that suffering from a major decline in tax revenue
Change in Revenue
Oregon -19%
Michigan -16.5%
Arizona -16.5%
California -16.2%
Rhone Island -12.5%
New Jersey -15.8%
Florida -11.5%
Wisconsin -11.2%
Illinois -10.9%
Nevada -1.5%
This is it. This is the story that you're not hearing on the cable news networks.
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