TaxVox: State and Local Issues

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The voices of Tax Policy Center's researchers and staff

State and Local Issues

COVID-19 Pandemic Could Slash 2020-21 State Revenues By $200 Billion

July 1, 2020 –
Revised forecast data from 27 states suggest tax revenues are expected to fall $34 billion short of pre-COVID-19 forecasts in fiscal year 2020.

Will COVID-19 Cause A Decline In Property Taxes?

June 30, 2020 –
The COVID-19 pandemic is driving a sharp decline in state and local income and sales tax revenues . But history suggests that one key local...
Federal Budget and Economy

TPC Updates Its Online Briefing Book

June 11, 2020 –
To follow significant fiscal changes, such as those being driven by the legislative responses to the COVID-19 pandemic, it helps to have a background in...
State and Local Issues

Balancing School Budgets And Tax Hikes In The Middle Of A Pandemic

June 3, 2020 –
After nearly three months under a stay-at-home order, my daughter may have had it with my house rules. She sent me a TikTok video of...
State and Local Issues

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

June 1, 2020 –
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...
State and Local Issues

No State is Immune From COVID-19’s Economic And Fiscal Fallout

May 27, 2020 –
The 50 states are diverse, but in the COVID-19 pandemic era, they share a key challenge: An economic and fiscal crisis of a size and...
State and Local Issues

TPC Analyzes Five Ways To Replace The SALT Deduction Cap

May 14, 2020 –
The $10,000 annual limit on the state and local tax (SALT) deduction was one of the most contentious provisions of the 2017 Tax Cuts and...
State and Local Issues

Three Ways Congress Should Design COVID-19 Relief for State and Local Governments

May 12, 2020 –
Congress is headed toward a fourth COVID-19 relief package – and arguably the first one directly addressing state and local governments’ pandemic-induced fiscal crisis ...
State and Local Issues

McConnell’s Attempt To Blame States For COVID-19 Budget Shortfalls Is Wrong And Dangerous

April 24, 2020 –
Senate Majority Leader Mitch McConnell (R-KY) recently said he is “in favor of allowing states to use the bankruptcy route,” instead of Congress providing them...
State and Local Issues

Census of Governments Illustrates Declining Aid to Localities, Other Trends in State and Local Finance

April 21, 2020 –
COVID-19 is placing an unprecedented strain on local economies, hospital systems , health departments , and budgets . To weather the storm and continue to...