Posts Tagged ‘state taxes’

Did Tax Hikes Doom Governors? Did Tax Cuts Elect Them?

At first glance, the message was pretty clear: If you were a governor who cut taxes, you probably got reelected on Tuesday. If you were a governor who raised taxes (or even a candidate who worked for one) you probably lost. It was true in deep red states like Kansas where, against all odds, Sam […]

Dude, Should Marijuana Be Legalized and Taxed?

Starting today, it is legal to smoke marijuana in Washington State. That got me thinking: Could taxing stoners help balance state budgets? The answer is yes, but it wouldn’t help much. One 2010 study, done for the libertarian CATO Institute, figures legalizing and taxing weed would increase state tax revenues by about $9 billion a […]