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.