Cash-starved state governments looking to deflate ballooning budget deficits are exploring the introduction of meal taxes and an increase in sales and local tariffs to help offset the effects of the current financial crisis.Massachusetts, Connecticut, Virginia and North Carolina are some of the states considering the implementation of or increase in taxes that would directly impact foodservice and retail businesses. In Massachusetts, Gov. Deval Patrick is seeking to close the $2.5 ...
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Contact: Desiree Torres Desiree.Torres@penton.com