tax revenue

COVID-19 And Government Actions Caused State Tax Revenues To Plunge In April

States and localities across the country are facing an unprecedented fiscal situation from the economic shock of the COVID-19 pandemic. Governors are confronting drastically falling...

June 1, 2020Lucy Dadayan

State and Local Issues: TaxVox

TPC’s Sports Gambling Tip Sheet

I don’t have an official over-under for the number of states that will legalize sports gambling in 2019, but I know it’s high. Since the...

January 10, 2019Richard C. Auxier

State and Local Issues: TaxVox

States Enjoyed Another Stellar Quarter Of Revenue Growth; But The Longer-Term Fiscal Outlook Is Cloudy

States closed their fiscal 2018 books at the end of June on a positive note. But they shouldn’t bank on the good times lasting forever...

December 18, 2018Lucy Dadayan

Campaigns, Proposals, and Reforms: TaxVox

The wide tax gulf between Mitt Romney and Donald Trump

As anyone can attest, the 2016 presidential election is very different from the 2012 race. One less obvious contrast is between the tax plans of...

August 4, 2016Yifan Powers

: TaxVox

Executive Privilege, Budget Consequences, and Rolling with the Taxes

Shutdown, Omnibus Spending, Continuing Resolution : So many choices in the wake of an Executive Action. The newly emboldened GOP ( or is it? ) has several options when responding to last night’s executive order on immigration issued by President Obama. After its Thanksgiving break, Congress will

November 21, 2014Renu Zaretsky

Federal Budget and Economy: TaxVox

CBO Says Federal Tax Revenues Will Rise Because Of Higher Individual Income Taxes

Last week’s Congressional Budget Office fiscal update largely focused on the dangers of rising spending on health care, Social Security, and interest on the debt. But it also projected a significant increase in federal revenues, almost entirely due to a big bump in individual income taxes. CBO

September 3, 2014Roberton C. Williams

Federal Budget and Economy: TaxVox

Fiscal Cliff, the Video

The fiscal cliff is big (more than $500 billion in scheduled tax increases in 2013) and complicated (involving literally dozens of tax provisions, not just...

October 3, 2012Donald Marron