TaxVox: State and local budgets

The Big Stakes for Treasury’s American Rescue Plan State Tax Cut Guidance

March 26, 2021 –

The American Rescue Plan (ARP) sends $350 billion to state and local governments with very few strings attached. Unlike the CARES Act , which originally...

State and Local Issues

Are State and Local Tax Systems Colorblind?

March 10, 2021 –

Tax policies are commonly viewed as race-neutral or “colorblind”— simply because information on race or ethnicity is not reported on tax returns or explicitly referenced...

State and Local Issues

To Understand How COVID-19 Affected States, Compare Governors’ New Budgets to Their Pre-Pandemic Plans

March 8, 2021 –

In a new analysis , the Tax Policy Center’s State and Local Finance Initiative compared governors’ fiscal year (FY) 2022 budget proposals with their state’s...

State and Local Issues

Why States and Localities Need More Federal Aid

February 22, 2021 –

Opponents of additional federal aid to state and local governments have noted that overall state revenue declines have not been as bad as expected during...

State and Local Issues

Congress Can Help State and Local Governments Prepare for a Rainy Day Without Repealing the SALT Cap

January 14, 2021 –

With Joe Biden in the White House and narrow control of the Congress, Democrats are likely to try to restore the full state and local...

State and Local Issues

Congress Needs to Understand State Tax Revenue Declines When Drafting COVID-19 Legislation

December 10, 2020 –

Aid for state and local governments remains a sticking point in Congressional deliberations over additional relief to address the economic fallout from the COVID-19 pandemic...

State and Local Issues

Improving State Tax Collections Don’t Let Congress Off the Hook on COVID-19 Relief

November 19, 2020 –

As the lame duck Congress considers further stimulus for an economy that is rebounding but still deeply troubled , Senate Majority Leader Mitch McConnell (R-KY)...