Democrats Lay Down a Marker on Drinking Water and Sewer Funding
But a bill introduced Thursday calling for billions in new spending and a tax increase is likely to be a tough sell with Republicans.
Coalition of Governors Push to Restore State, Local Tax Deduction
“This is politics masquerading as tax policy,” New Jersey Gov. Phil Murphy said.
Ohio Governor Says Raising State’s Gas Tax Is Unavoidable
STATE AND LOCAL ROUNDUP | What-if megastorm scenarios for L.A. area ... New Jersey “dirt broker” loopholes … and Orlando autonomous bus shuttles.
These States Collect the Highest Sales Taxes Per Person
Forty-five states and the District of Columbia collect state sales taxes, while local sales taxes exist in 38 states, according to the Tax Foundation.
Republican Senator Says Infrastructure Proponents Need to Be Realistic
“We can do little reauthorizations within the current constraints, but to do something big we’d have to fess up and agree that you have to pay for things,” said U.S. Sen. Roger Wicker, chairman of the Senate Commerce Committee.
Appeal to Trump on SALT Cap Appears to Get Cool Reception
New York Gov. Andrew Cuomo says "there is no more vital long-term issue" for his state's finances than a limit on the state and local tax costs taxpayers can write off on their federal returns.
Hike Taxes on the Rich to Pay for Education? Voters in this State Support the Idea, Survey Finds
The poll results come amid discussions about taxing wealthier Americans more at the federal level.
State and Local Lawmakers Pitch How to Pay for a Big Infrastructure Package
Congress has little time to reach consensus on ideas like increasing the gas tax and phasing in vehicle miles traveled before the 2020 election cycle shuts their window to fix and modernize everything from roads to water pipes.
States See a Slip in Tax Collections That's Not Totally Unexpected
The federal tax overhaul and stock market volatility help to explain some recent income tax revenue trends.
More Rules Coming on Opportunity Zones
Two more rounds of guidance for the new economic development program are expected this year.
Disputes Over State Taxes on Railroad Fuel Simmer Before Supreme Court
The court on Monday asked for the U.S. government to submit views on an Alabama case.
Few Signs So Far Sports Wagering Will Be Huge Boon for State Budgets
“Large amounts of tax revenue from sports gambling is no sure bet,” one expert notes.
San Francisco’s Homelessness Tradeoff
Taxing big business means more money for health care and social assistance, but the city’s economist says it could also mean fewer jobs and a smaller economy if companies move or open elsewhere—which could sting in a recession.
The States That Give and Get the Most Federal Dollars
A new analysis identifies states that have sent more money to Washington than they saw in returned federal spending.
IRS Cancels Meeting on Opportunity Zones Rules Due to Shutdown
Those interested in the economic development program have been closely tracking the guidelines.
Bill to Restore Full State, Local Tax Deduction Emerges in New Congress
The “SALT” deduction was curbed by the GOP-backed tax law passed in late 2017.
‘Progressive’ Tax on Inherited Wealth Could Net 33 States as Much as $6.1B
New York currently makes the most off its estate tax, but California has the most to gain, a liberal policy group argues.
White House Will Launch Multi-Agency Council Focused on Opportunity Zones
The council will engage with state and local government officials on development in zones, a White House adviser said.
Cities Seek to Align ‘Opportunity Zone’ Capital With Local Priorities
"There's a lot of work to do here that tax-advantaged capital will not do by itself,” says urban policy expert Bruce Katz.
Marijuana Gets Attention as Possible Subway Funding Source
New York City's mass transit system has been facing financial stress and service problems. Could legalizing pot help?
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