Taxation & Government:

Abolition of State Income Taxes

By:

Anna M. Bucciarelli

ACC-131

Federal Income Tax

The idea of financing state services without an income tax is hardly radical. Nine states today – Alaska, Florida, Nevada, South Dakota, Tennessee, Texas, Washington & Wyoming mange well without one. With a few exceptions, the states without an income tax are America's most prosperous. In this paper we will be looking at a state that has a personal income tax, North Carolina and one of the nine states that do not, Florida.
It is a widespread belief that if the lottery were allowed in North Carolina taxes would be cut and more money focused on education costs. However, that is not the case, in article printed in the Fayetteville Observer, 14 October 2007¸that the revenue generated from the sale of lotteries would not be enough to complete construction of one half of an elementary school. Of course it has only been in existence for a couple of years and we......

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Title: Taxation & Government
Approximate Word Count: 899
Approximate Pages: 4 (250 words per double-spaced page)

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