• Consider your states: are some states at a comparative advantage such that they are able to employ more lucrative taxing systems than other states? • The FG and Vermont do not have balanced budget requirements. Should the other states join them? What might be the consequences of such an action? • In your state: What are the major sources of revenue? What are the major expenditures? Is there anything that makes your state unique in regard to the budgetary process? Are there any unique expenditures and/or sources of revenue? What sacrifices are being made in the state to balance the budget?
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