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It's Not Just the Recession: The Budget Crisis and Washington state's Structural Deficit

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Publication Date: July 2003

Publisher(s): Economic Opportunity Institute

Author(s): Marilyn P. Watkins; Jason Smith

Topic: Banking and finance (Taxation and tax policy)
Economics (Economic policy, planning, and development)

Keywords: Tax structure; Public services; Economic growth

Type: Report

Coverage: Washington


Questions how fast government and government spending should grow in light of a national economic downturn. Explains how the Washington's structural deficit virtually ensures revenue problems will remain even when the national economy flourishes. Concludes with a proposal for restructuring the state tax system to better fund public services and maintain state infrastructure.