TaxVox

State Policymakers Should Understand the Odds Before Subsidizing 'Free Bets'

August 28, 2023 –

At the beginning of “Rounders,” a movie about poker, the lead character describes an important rule of gambling: “If you can’t spot the sucker in...

State and Local Issues

The Future Of Commercial Real Estate And Big City Budgets

August 22, 2023 –

More than three years after the beginning of the COVID-19 pandemic, the shift to remote work for many office workers has put the future of...

photo of US house ways and means chair jason smith of missouri

Business Taxes

Could Congress Actually Crack Down On Tax Exempt Political Organizations?

August 16, 2023 –

House Ways and Means Committee Chairman Jason Smith (R-MO) and Oversight Subcommittee Chairman David Schweikert (R-AZ) announced they are looking into political abuses by non-profit...

Individual Taxes

Why Should We Have To Pay Somebody To Help Us File An Individual Income Tax Return?

August 10, 2023 –

The growing war between the IRS and the commercial tax preparation industry over the agency’s efforts to create a free, in-house tax filing system got...

State and Local Issues

State and Local Government Jobs Still Haven’t Recovered from the Pandemic

August 9, 2023 –

New jobs data show while private employment fully recovered over a year ago, state and local public employment remains below its pre-pandemic peak. Overall, total...

front view of the Oregon state capitol building

State and Local Issues

Navigating Fiscal Uncertainty: Weak State Revenue Forecasts for Fiscal Year 2024

August 4, 2023 –

With more fiscal data coming in, the long-term health of state budgets looks murky. After a run up in 2022 , preliminary data show a...

Individual Taxes

Backsliding on Information Returns Undermines Our Tax System

August 4, 2023 –

In the United States’ voluntary tax system, taxpayers are responsible for correctly reporting their incomes to the IRS, rather than having the government determine their...

Taxing Remote Workers: “Convenience,” Conflict, And The Courts

August 2, 2023 –

When your commute to work takes place within the confines of your home, where should you pay income taxes? The answer is complicated.

stock photo of an ethereum cryptocurrency token

Business Taxes

A New Solution for Taxing Cryptocurrency Staking

July 31, 2023 –

Taxing digital assets poses many tax policy puzzles. So many, in fact, that the Senate Finance Committee recently asked for advice on how to do...

picture of a detroit downtown shopping area

State and Local Issues

Detroit Considers Shift From Property To Land Value Taxation

July 24, 2023 –

Detroit Mayor Mike Duggan (D) recently proposed raising the city’s tax on vacant or undeveloped land while reducing taxes on buildings by 30 percent. The...