State budget shortfalls for the 2008-2009 fiscal year

Twenty-eight states and the District of Columbia face a budget deficit in the fiscal year beginning July 1, 2008, according to The Center on Budget and Policy Priorities. California has both the largest projected deficit ($16 billion) and the largest deficit per taxpayer ($740). Because states can't borrow easily, many will have to tap into reserves, cut expenditures or raise taxes. FORUM: What would you tax?