Taxes
Covering topics such as bonds, cryptocurrency, federal aid and pensions.
Salem, Ore., is in budget straits, in part because untaxed state buildings make up 8 percent of the property in the city. Tina Kotek is backing a local property tax increase as lawmakers consider ways to help the city directly.
The state recently became the first since 1980 to vote to eliminate its income tax. This will boost economic growth while removing barriers to work — and could ignite a wave of similar state-led reforms.
Making tips tax-free would not only lower revenues but distort the tax code.
The State and Local Cybersecurity Grant Program expires in September. State CIOs told a congressional subcommittee that the program is a success that should be built on, not ended.
If sensible ideas from a decade ago gain traction in Washington this year, they could boost U.S.-based manufacturing and international competitiveness, with a mixed impact on state and local tax revenues and policies.
A new data dashboard from the Urban Institute fleshes out how the funding is being allocated by category and across states, counties and congressional districts.
The House and Senate passed competing bills that would end the income tax and increase gas taxes. Many differences must still be reconciled to make one version into law.
Providing parents with tax credits has mostly been a Democratic priority but the idea has gained traction in Ohio, Indiana and other Republican-led states.
States are looking for alternate ways to fund transportation infrastructure as gas tax revenues dwindle. Despite years of study, only a few have adopted road user charges.
Americans believe that their local governments spend money more wisely than their state and federal counterparts. But forcing localities to do more with less isn’t a recipe for government efficiency.
Cutting this unloved levy has again become a flashpoint in some states, once more raising difficult issues of fairness. Here’s what we can learn from decades of tax-limitation laws.
The Center for Internet Security is evaluating how funding cuts will impact election security support services, including help responding to cybersecurity incidents like hacking and ransomware attacks.
Republican presidents used to talk enthusiastically about empowering states and localities. That isn’t happening now.
Currently, the “advanced computing surcharge” on companies such as Amazon and Microsoft is capped at $9 million apiece. Eliminating the cap could triple such revenues to $200 million.
In his address to Congress, the president said tariffs and tax cuts would help manufacturing, farming and other sectors.
AI’s rapidly advancing offspring will benefit portfolio managers as ever-more-intelligent systems drive better investment results. But that’s just the start.
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