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National tax journal 49 - PowerPoint PPT Presentation

State Budgets and Taxes during Business Cycles Pavel Yakovlev, Ph.D. Professor of Economics

State Budgets and Taxes during Business Cycles Pavel Yakovlev, Ph.D. Professor of Economics Duquesne University Capital Campus Pennsylvania January 26, 2009. Every state except Vermont has a balanced budget requirement (BBR). 2/3 of the states have ex-post BBR.

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National tax journal 49 - PowerPoint PPT Presentation

State Budgets and Taxes during Business Cycles Pavel Yakovlev, Ph.D. Professor of Economics