Monday, January 08, 2007

Governors eyeing new Congress' tax measures

Reuters
Jan 5, 2007 — WASHINGTON (Reuters) - U.S. state governors are keeping a close eye on the new Congress, which they expect could tackle tax and spending measures this year that may cut into local revenues, a top official with the National Governors Association said in an interview on Friday.
"We're hopeful that Congress, when it comes to tax issues, will leave state tax dollars in the hands of state-elected officials," said David Quam, federal relations director at the
NGA.
For instance, three U.S. senators introduced a bill on Thursday to make permanent a 1998 Internet access tax moratorium, which is due to expire in November — a move that would deny states income from consumers' Web usage, Quam said.

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