Interesting articles I came across today: Newly elected Republican governors meet to discuss budget cut strategies. Colorado raises $2.2 million with its sales tax on medical marijuana. Rhode Island Governor-elect Lincoln Chafee's plan to impose a 1% sales tax on currently exempt items would raise $121 million, much more than originally expected. Michael Barone at National Review (subscribe) argues that the federal bankruptcy code should be amended to allow states to reorganize their finances under its "cram-down" provisions. We're about a month away from the estate tax coming back to life, and the macabre incentive it gives to relatives of the dying.
