public pension

Are Public Pension And Benefit Shortfalls And Local Taxes Worthy Of A Neighborhood Duel?

Our local elected officials were debating a new tax to help offset a big public pension shortfall... If people dueled in 2019 like Aaron Burr and Alexander Hamilton did in 1804, a couple of township trustees might have been drawing pistols at dawn.

May 1, 2019Renu Zaretsky

: TaxVox

Local Tax Threats, Hikes, and Indignities

Chicago Mayor Rahm Emanuel: Without school pension money from the state, property taxes will jump. Facing a tough runoff in his race for reelection, Emanuel is looking for fiscal help from the state, including from its GOP governor. He wants the state to help fund pensions for Chicago’s teachers as

March 16, 2015Renu Zaretsky

: TaxVox

Simplification, Shortfalls and Shifted Assets

Today on the Hill. The Senate Finance Committee examines tax complexity , compliance, and administration with an eye toward simplification in tax reform. Witnesses include Carol Markman of EP Caine & Associates, Mihir Desai of Harvard University, Bruce Bartlett, former deputy assistant

March 10, 2015Renu Zaretsky

: TaxVox

Fruit, Pizza, Roads, Short-term Fixes and Shifts

A tax break on the vine is worth none in the bush? TPC’s Howard Gleckman describes yet another stupid tax trick in his latest post. A provision for some fruit and nut growers was slipped into a bill restoring extra tax breaks for business investment. The goodie, also examined in depth by Marc

June 16, 2014Renu Zaretsky