State Economic Monitor

State Revenue Forecasts Look Bleak as Revenue Boom Subsides

States saw robust tax revenue growth in fiscal years 2021 and 2022, largely caused by federal and state policy actions. But forecasts now look much...

March 14, 2023Lucy Dadayan

State and Local Issues: TaxVox

State Tax Debates Could Use Some (Customized) State Economic Data

Politicians love to make claims about tax policy. This tax cut will create jobs! That one forced the school district to fire teachers! But too...

November 12, 2019Richard C. Auxier

: TaxVox

Spending Caps? What Spending Caps?

Up next week: The President’s Budget. President Obama will release his budget for fiscal year 2016 on Monday. The plan would increase spending above the sequester limits of the Budget Control Act of 2011. Steep cuts were triggered in 2013 when Congress failed to reach a budget deal, but were then

January 30, 2015Renu Zaretsky

: TaxVox

On Residence, Retirement, and Economic Records

Congress is in recess through the mid-term elections. The Daily Deduction will post each Monday until then. What’s a multinational to do? Where is it to go? Senator Dick Durbin and Senate Finance Committee Chair Ron Wyden seem pleased that Chicago-based AbbVie’s decided to drop its deal with Dublin

October 20, 2014Renu Zaretsky

: TaxVox

Pensions and Tax Bases: Realities and Hopes

The thing about pension smoothing: The bumps always come back. Neither the Committee for a Responsible Federal Budget nor TPC’s Len Burman will suspend disbelief when it comes to the latest gimmick to patch the Highway Trust Fund. Maybe “stupid tax tricks” work politically but “pretending to raise

July 10, 2014Renu Zaretsky

State and Local Issues: TaxVox

A New TPC Resource on State Economic Conditions

It isn’t easy to get up-to-date information about state and local economic conditions. Now, a new one-stop resource from The Tax Policy Center’s State and...

July 9, 2013Howard Gleckman