There are different ways for states to generate income or save income: - Personal income/wage tax - Business income tax - Capital gains taxes, Dividend taxes

There are different ways for states to generate income or save income: - Personal income/wage tax - Business income tax - Capital gains taxes, Dividend taxes - Sales tax - Proper tax (homes, cars, etc.) - Reducing services (e.g., worse schools, worse healthcare) - Borrow (this can be a slippery slope) - Create shadow liabilities that dont show up on the books (e.g., pension liabilities with poor growth assumptions)