Marijuana Tax Revenues ‘Highly Unpredictable,’ Researchers Warn
They urge states to be careful when planning for how to spend the money.
States Kick Off 2019 With Widespread Economic Growth
ANALYSIS | But the pace of states' economic growth is very different.
What Business Leaders Want Changed in the New NAFTA
The Senate Finance Committee heard from business people across the country Tuesday who support passage of the United States-Mexico-Canada Agreement, but would like stronger enforcement mechanisms.
Could Public Banks Help California Fund Affordable Housing?
A coalition of bank activists in ten California cities is pushing for public banks. A bill to support them is working its way through the state legislature.
K-12 Spending Sees Gains, But Still Lags in Many States, Teachers Union Says
An analysis of 2017 data finds education funding remains below pre-recession levels in over a third of states.
Three States File Lawsuit Over Federal Rules Blocking SALT Workaround
Treasury and the IRS last month prohibited charitable contribution programs meant to provide taxpayers a way around a cap on federal deductions for state and local taxes.
Socking Away Money for the Bad Times Requires Strategic State Practices
The Volcker Alliance report grades states on their reserve fund balances and policies and makes 10 recommendations for how states can control withdrawals from rainy day funds, replenish spent funds, and address revenue volatility.
Why States and Cities Should Stop Handing Out Billions in Economic Incentives to Companies
COMMENTARY | Recent scandals involving economic development programs in New Jersey, Baltimore, and elsewhere illustrate just what’s wrong with these programs.
A State Opts to Use Added Online Sales Tax Revenue to Offer Income Tax Cuts
Wisconsin will soon begin collecting sales taxes from companies that provide online marketplaces for other vendors.
A Nationwide $15 Minimum Wage Could Have Mixed Results
A new report says that a $15 federal minimum wage could help lift low-wage workers out of poverty, but also cause job losses.
State Savings Policies Evolve Amid a Decade of Economic Growth
The amount states have in reserve is at a high mark and savings practices have become more sophisticated. But lawmakers are at times still drawn to tap the large pots of money.
Gap Grows Between Well-Off and Troubled State Public Pension Plans
The findings from The Pew Charitable Trusts come as the U.S. enters a record phase of economic expansion.
Who's Benefitting from U.S. Economic Expansion?
COMMENTARY | Unfortunately, economic growth during the current expansion has neither been deep nor broadly distributed among most Americans.
‘There Are No Yachts in Falls Church’: Debate Over State and Local Tax Deduction Flares
GOP House members say Democrats’ claim that eliminating the deduction has hurt ordinary taxpayers is a “false narrative.”
Disputes Over State Taxes on Train Fuel Won't Go Before Supreme Court
A federal law has led to years of messy litigation over levies on locomotive diesel.
Tracking State Spending in Real Time with Budget Transparency Websites
Oklahoma and Idaho are the latest states to launch budget transparency websites as a way to give residents access to real-time agency spending data.
Report: State Expenditures Now Growing at Greatest Clip Since Before the Recession
A new report estimates state expenditures will grow to $883 billion and rainy day funds will reach $68.2 billion in fiscal 2019.
Treasury Blocks State Charitable Deduction Workarounds to SALT Cap
Taxpayers won't be able to write off contributions they make as charitable donations, if they receive tax credits in return.
How One City Gets Residents to Actually Participate in the Budget Process
Fort Collins, Colorado uses a "budgeting for outcomes" system that officials say prioritizes initiatives that are likely to help the city achieve its overall goals.
Years Later, the Recession’s Sting is Still Tough to Shake for Many States
New research takes a look at the lingering mark the downturn left on state budgets.
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