Taxes
Covering topics such as bonds, cryptocurrency, federal aid and pensions.
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.
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.
The House and Senate are pursuing separate approaches that would offer greater relief either to homeowners or commercial properties.
Last year, the state created incentives for men's professional teams. Now there's bipartisan support to extend them to women’s teams.
State and local officials are working to mitigate the impact of cuts to the federal workforce spearheaded by the Department of Government Efficiency, offering career services and other resources.
About half of the funds will go toward helping farmers bolster their biosecurity measures. The department is also working to bolster egg imports.
A proposal to set a per-enrollee limit on federal money for the program is gaining traction. But states know how to game Medicaid rules and federal oversight is woefully inadequate.
President Trump signed an executive order to increase federal support for school choice programs, causing debate about the impact on public schools and student outcomes.
A legal loophole in the Low-Income Housing Tax Credit program is allowing developers to remove rent restrictions from affordable housing, leading to rising rents and worsening the housing crisis.
Texas lawmakers are exploring tax incentives to help businesses provide affordable child-care options, aiming to address the state's child-care shortage and support working families.
The lawsuit was filed by 22 states known for being powerhouses of biomedical research, including Massachusetts, California, Maryland and New York.
Most red states are looking to reduce property tax burdens, which have increased along with home values. Finding ways of replacing lost revenues for locals remains a challenge.
Solutions include funding the federal agency properly, requiring states to share a larger burden of the responsibility and removing barriers to resilience.
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