Detailed text transcripts for TV channel - MSNBC - 20140414:13:54:00
Your individual taxes and in fact, in the last three years, it has been very good for states. last year states collected more than $309 billion on individual income taxes, and that is 10% more than the states received the year before, and in this cash, it is crucial, because the income taxes make up more than one-third of total state revenues. i am joined by the washington post reed wilson who analyzed all of the census data, and reed, why are we seeing the increase recently? >> well, two reasons. first of all, coming out of the economic recession, and the recovery has been good for income inc...