Word: incometaxes
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Dates: during 1966-1966
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...abandoned most nuisance taxes in favor of income taxes, which grow along with the economy, and they could lower sales taxes by reducing the number of exempted goods, such as food and drugs. Economists reckon that with such changes the states last year could have increased their sales-and incometax revenues by $5 billion. Of course, the states and localities could always cut away some nonessential spending-but more and more things seem to be essential these days...
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