Taxes
Covering topics such as bonds, cryptocurrency, federal aid and pensions.
In Connecticut, 40 percent say they’re either struggling or just getting by financially.
Democratic governors are scrambling to mount an effective opposition to the policies of the new administration. They may not be holding a winning hand.
Fitch Ratings issued a report comparing the pension debt in each state to personal income. Connecticut had the highest ratio, at 23 percent, while Tennessee was the best at 1 percent.
Florida’s governor applauded FDA approval of the prescription drug import plan at the start of the year, saying it would cut prices. But there’s still no date for his program to begin.
New federal rules require localities to get rid of all their lead water pipes in the next 10 years. Officials say they need help – and money.
His second presidency could recolor the landscape for federal spending, with ramifications for states, local governments, schools and public pensions. Governors and mayors will need to try to discern where the political wind is blowing — and what to watch out for.
A half-dozen states rejected ranked-choice voting, although Washington, D.C., approved a measure. School choice fared poorly, while increasing criminal penalties proved to be popular.
After a decade of increasing popularity among endowment funds and pensions, its use in investment decisions is coming under increasing political attack. Financial analysts — and perhaps AI — may be able to point the way to a safer middle ground.
Oklahoma City has invested the proceeds of a one-cent sales tax in dozens of projects in and around its downtown for the last 30 years. The 2028 Olympics will hold softball and canoe slalom events there, 1,300 miles away from the rest of the Games.
The total damage in Western North Carolina is estimated at $53 billion; Gov. Roy Cooper has proposed a small fraction from state funds for costs that won’t be covered by the federal government or private insurance.
Millions are falling behind on their retirement goals. There are proven policy solutions at the state level, and federal policymakers could build on those to help all workers save what they will need and reduce the burden on taxpayers.
Few homeowners are protected against flood damage. What can be done to reduce the burden of recovery on them and their communities?
The proposed plan would lower the top individual and corporate tax rates to establish a flat tax rate, raise the standard dedication for individuals and eliminate the corporate franchise tax.
A ballot measure would replace an existing tax with a larger one, raising more than $1 billion annually to fund a wider variety of services. It faces an uncertain future at the ballot box.
The funds will come from $2 billion the U.S. Department of Energy has allotted for 32 projects in 42 states and D.C., to improve the resilience of electricity grids.
As city leaders try to reduce carbon emissions and conserve water amid a 20-year drought, a proposed tax break for a new, water-intensive data center is drawing scrutiny.
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