Back Home Again in Indiana is the state song of the Hoosier State. For those in the Land of Lincoln, it’s quite likely the Hoosier State will look much nicer; this morning, legislators approved an income tax increase from 3% to 5% and a corporate tax increase from 4.8% to 7%. Though these taxes are supposed to sunset in a few years, do you really think that will happen?
By the way, I’ll have a long post on California and the budget when I return from my vacation.