The high-speed line that will run through the state is now estimated to cost $80.3 billion and still plans to meet the federal deadline of laying track by 2022. “We don’t think that now is the time to turn back.”
Big tech companies like Amazon and Apple are building Culver City, Calif., into a media hub and the city is wondering if the business tax needs a fresh look. While a tax bump would increase revenues, it raises the risk that some businesses would leave.
Taking their cues from states as diverse as Arizona and Virginia, they are shredding red tape at a remarkable clip, freeing their economies and providing a map for what's needed at the federal level.
A Bureau of Economic Analysis report sheds light on the health of U.S. counties, but experts caution that more analysis is needed for insight into what has driven growth in some counties while others have fallen behind.
States can now collect sales tax on products purchased remotely, opening the door to billions in new revenue. But how to collect the money is complicated. New software tools might be the answer.