N.Y.'s tax-cutting campaign boosts its image

Article Abstract:

A booming national economy and stock market have enabled the state of New York to embark on what state officials say is the nation's longest and largest tax-cutting campaign whose impact is slowly but steadily manifesting. New York state desires to change its reputation as an overtaxed, over-regulated, anti-business region. It has cut income and sales taxes each year since 1995, and reduced 19 different taxes 57 times in 156 different ways. As a result, an increasing number of industries are beginning to acknowledge New York as a tax-friendly area, and private employment growth has been growing since 1997.

New York

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Survey blames high costs, low wages for hunger, housing crisis

Article Abstract:

A 26-city survey has found that low paying jobs, high housing prices, federal food stamp cuts are among a number of factors which appear to be causing a steady, consecutive increase in the number of hungry and/or homeless people in US cities each year since 1984. The study is being released by the US Conference of Mayors. It also found that housing and hunger problems are also being witnessed in small US towns. Boston Mayor Thomas Menino noted that most governments would rather cut taxes than funnel more money into social programs.

United States, Government domestic functions, Administration of Economic Programs, Economic Programs

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Mississippi uses prosperity to fix itself up

Article Abstract:

Mississippi has used the economic boom of the 1990s to rebuild its decaying infrastructure and bolster its image. Annual state spending increased by 42% between 1990 through 1998 after adjusting for inflation. The state government also legalized gambling, which has become a booming business and has also bolstered tourism. Mississippi still has a long way to go in terms of economic development, however. Education, for instance, remains a significant problem.

Mississippi

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