Taxes
Covering topics such as bonds, cryptocurrency, federal aid and pensions.
Federal policy changes stand to make it harder for local governments to cope with housing instability and homelessness. There are some things they can do to brace for what’s coming.
A new report from the Government Accountability Office details the ways that recent changes have diminished FEMA capacity. Local officials responsible for response and recovery want to be part of the conversation about what comes next.
States are spending a lot of their federal TANF money on things that don’t help families that need it the most, and work reporting requirements keep too many families from accessing benefits.
No matter where they end up, import taxes aren’t likely to drive inflation enough to have much effect on state or local tax revenues. Public financiers have more to think about amid federal aid cutbacks, AI's impact on employment and rate-cutting by the Fed.
The exemption applies to profits from stocks, real estate and crypto at an estimated $625 million cost to state revenue.
The state’s Roth IRA program has signed up more than 20,500 employees and will soon mandate employer participation if no other plan exists.
With federal EV tax credits ending and emissions rules nullified, Gov. Gavin Newsom and state agencies are preparing new subsidies, incentives and regulations to keep climate goals on track.
Colorado’s “rolling conformity” with the federal tax code, coupled with sweeping tax breaks enacted by Congress, triggered a sudden revenue loss.
Are vehicles like private equity, crypto and real estate a good fit for 401(k)-style public retirement plans — or too risky for savers? Marketers will soon be pitching these “alternative investments” to public employers. Prudence dictates caution.
Cuts in funding don’t change counties’ obligations to their residents. They will have to figure out how to raise new revenue, cut services or both. But success in navigating this new landscape won’t come from austerity alone.
The mayor is facing a more than $1 billion budget deficit and has already disavowed a property tax hike.
Funding cuts eliminate nearly half the grants, forcing nonprofits to downsize and cancel internships, leaving thousands adrift.
Pension funds enjoyed enormous stock market returns during the pandemic but slower gains and underfunding has increased their liabilities.
Under the One Big Beautiful Bill, states must decide whether to participate in the nation's first federally backed school voucher program or reject federal dollars amid partisan and fiscal concerns.
The funding comes amid an immigration crackdown and growing pressure on states to build temporary facilities, raising fiscal, legal and environmental questions.
Subsidies distort fair competition. If these technologies are the future of America’s energy sector, they should compete without the crutch of federal aid.
Most Read
