Tuesday, September 6, 2011 at 8:29 am (Updated: November 7, 12:41 pm)
There are several reasons why many states have had trouble balancing their budgets in recent years. The most obvious is the worst recession in decades and its lingering aftereffects, but another is the decline in sales-tax revenue due to people buying more items online.
It has been estimated that such purchases have cost all states collectively upward of $15 billion a year in lost revenues. That could change soon, though.
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