Professor James Bryce recently told taxnotes.com that Alabama may join other states where tax issues have delayed budgets.
Gov. Robert Bentley has proposed tax increases to help close the state’s $700 million budget gap, but the legislature has passed — and Bentley has vetoed — budgets that rely on spending cuts. Alabama’s fiscal year begins Oct. 1.
“They have passed budgets, but without any tax increases,” said Bryce, who has frequently advised the state on tax reform. “Now we’re on a countdown.”
