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Top 5 silliest state tax hikes


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Daily Caller:

With states facing a collective $175 billion budget shortfall, legislatures across the country are proving the old aphorism, “necessity is the mother of invention” — even if that invention is as absurd as the “Shake Weight.”

The Daily Caller has compiled a list of the five silliest revenue raisers implemented and floated in the rush to raise money for state coffers. While some voters might be angry about the overspending that has brought about these tax hikes, the creativity is undeniable and, in a weak moment, almost impressive.

Without further ado, here are the five silliest state tax hikes:

If you own a vacation home in New York, consider yourself a resident

Don’t buy a vacation home in New York anytime soon. Last month, a New York court ruled that a New Canaan, Connecticut couple’s income is subject to New York state taxes because they own a vacation home on Long Island. Even though they visit the home only a few times a year, it will cost them an additional $1.06 million in taxes – merely because the court ruled that the home was inhabitable year-round.

The Wall Street Journal reports that this is an unprecedented ruling, but one that will not easily be overturned.snip
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