6 States Hitting Residents With Big Tax Hikes

" State legislators faced with mammoth budget gaps and sharply lower revenue are looking to residents to bail them out. Right now, at least 47 states are facing significant shortfalls in their 2009 and/or 2010 budgets, according to the Center on Budget and Policy Priorities, a think tank in Washington, D.C. And many of those states are looking to tax hikes to help fill the gaps."