Daily Deduction

Roads, Schools, Sales and Wills

May 26, 2015 –

Congress is in recess this week. The Daily Deduction will return to its regular schedule on Monday, June 1. Congress delays a highway bill for two...

Robbing Peter to Pay Paul

May 22, 2015 –

Congress will be in recess next week. The Daily Deduction will post on Tuesday, May 26, 2015, after Memorial Day, and will return to its regular...

A Down Payment, A Giveaway, A New Tax, and A Delay

May 20, 2015 –

Better something than nothing? House Ways & Means Chairman Paul Ryan has thrown in the towel on broad-based tax reform—at least for the next two...

The Supreme Court Kills A Maryland Tax

May 19, 2015 –

Maryland’s tax on some out-of-state income is unconstitutional. Maryland gives residents only a partial tax credit for income that is earned—and...

Runnin’ on Empty

May 18, 2015 –

Long-term federal highway funding: Still stuck in the breakdown lane. House Transportation and Infrastructure Committee Chair Bill Shuster and Ways...

Steady On toward Tax Reform

May 15, 2015 –

The Senate Finance Committee’s working groups on tax reform have narrowed their focus. Chair Orrin Hatch sounds like he’s given up on broad-based...

Broke, Burdened, and Maybe Blowin’ Less Smoke

May 11, 2015 –

The Illinois Supreme Court says “No” to the state’s proposed pension overhaul. The plan would have limited cost-of-living adjustments for public...

Tax Breaks, Cuts, and Consequences

May 5, 2015 –

Louisiana’s Governor Bobby Jindal doesn’t want to raise taxes on the entertainment industry. Bloomberg reports that the state’s $1.6 billion budget...

States of Growth and Reform

May 4, 2015 –

Will cuts to a state’s top income tax rate boost growth? Not necessarily. In a new TPC paper , Bill Gale, Aaron Krupkin, and Kim Rueben find little...

On the Road Again…

April 29, 2015 –

Plans to raise state gas taxes move down the road in Minnesota and South Carolina. The Minnesota Senate passed a 16-cent-per-gallon gas tax hike that...