Income Tax No Guarantee of Revenue Growth
Check out what's happening what's happening in Missouri, a state the depends heavily on an income tax to finance state government. It puts the lie to those in Tennessee who said an income tax would prevent the state from facing revenue shortfalls.

From the Kansas City Star: "Missouri's budget deficit could grow to $300 million by next June, leaving Gov. Bob Holden with few ways to avoid painful reductions in government programs. The budget director, Linda Luebbering, said Tuesday that the state took in $102 million less than projected through Oct. 31. Individual income taxes, which had been projected to rise by 4 percent this year, continue to muddle along at last year's level."

Hmmm. They have an income tax, yet they still have a budget gap.

Notice the pro-Big-Goverment-spending bias in the first sentence of the Kansas City Star story. Painful cuts. Apparently, the KC Star doesn't leave its opinons on the editorial page anymore.

So, which will it be, Missouri? Spending restraint or higher taxes? Oh, sorry. It looks like higher taxes. Missouri Gov. Bob Holden "will pitch his plan to raise new money at a public hearing Thursday in Independence. The meeting, at 3 p.m. at the Truman Museum, is the first of four public hearings throughout the state that will emphasize the critical condition of Missouri's finances," says the Star.

Holden is a Democrat.