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What to do when the federal government has an excessive amount of cash? – UNC Tax Heart


At the start of the pandemic, we thought state funds can be crushed. Then, as time progressed and we understood what the pandemic would do for gross sales taxes, that the federal authorities can be shoveling newly minted cash to the states, and so forth., and it turned clear that many states wouldn’t battle financially. And, certainly, some states are mulling the potential of slicing taxes to offer again the additional cash they’ve (and the issue that some federal help appeared to preclude slicing taxes). I used to be reminded of this age outdated drawback with what to do with authorities “surpluses” just lately as I used to be studying the April 25, 1891 version of Punch journal, as one does, and noticed this superb poem, and, accompanying graphic:

 


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