A surplus of $1.0 billion poses the same questions as a surplus of $1.5 billion. Should lawmakers spend it? Leave it with the state’s citizens? Hold fire until the fiscal situation becomes clearer? What it does not mean is that we need to raise taxes.

The state government’s surplus is projected to be smaller, but that does not justify tax hikes – American Experiment

A surplus of $1.0 billion poses the same questions as a surplus of $1.5 billion does. Should lawmakers spend it? Leave it with the state’s citizens? Hold fire until the fiscal situation becomes clearer? What it does not mean is that we need to raise taxes.


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