A warning from France on wealth taxes
February 4, 2021
With each passing day of session bringing a new tax proposal, I have to go back and review the state’s revenue forecast and budget balance sheet to make sure I’m not missing something. Yep, looks like revenue is still projected to increase by 7% for 2021-23 (with monthly revenue collections already exceeding the November estimates) and the budget is balanced. Despite this, we’ve now seen...