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Richard M. Bobckel, Editor.
Turnover Tax Plans in State Legislatures
Gross Earnings Taxes in New York and Wisconsin
Vexing financial problems——chiefly the result of diminished tax yields during the business recession, mounting relief and social security costs, and increased state aid to local units——face nearly all of the 43 states whose legislatures are now meeting in regular session. About half of these states already levy either a retail sales tax or some type of business turnover tax. Legislatures in many of the remaining states are now considering taxes of this type ...