Taxes
Covering topics such as bonds, cryptocurrency, federal aid and pensions.
HUD’s shift from permanent housing to short-term programs could force formerly homeless residents back onto the streets and strain local budgets.
A 15 percent decline in September wagers prompts warnings that bettors are shifting to cheaper illegal markets under one of the nation’s highest per-bet taxes.
Abbott’s strategy combines primary pressure and legislative power plays to move caps on appraisals and a plan to eliminate school district taxes.
Minnesota joins other states in crafting a funding strategy designed to control volatility and avoid sustained underfunding.
Katie Wilson, a progressive challenger to Seattle’s mayoral incumbent, was declared the winner more than a week after the election concluded.
After accruing more than $2 million in debt, the Galveston County city approved a tax increase, prompting the AG’s office to demand a repeal.
Instead of across-the-board property tax cuts, targeted state and federal incentives for younger first-time home buyers and older would-be sellers could begin to break the logjam in the housing market.
How one organization in Pasadena, Calif., is mobilizing amid a shortage of federal food aid during the government shutdown.
States are reducing subsidy slots, slashing provider reimbursement rates and raising co-pays for low-income parents amid shrinking federal aid.
While House Republicans filed measures to eliminate non-school property taxes, DeSantis argues that placing multiple measures on the ballot undermines any substantive reform.
Federal funding is a bigger share of state budgets than ever. It comes with too many strings and strictures that choke off efficiency and innovation, and it threatens democratic self-governance.
Taxpayers must be protected from unchecked growth in local government spending. Statewide limits on tax increases would do that while forcing local governments to live within their means.
Not much for now, with next year’s insurance premiums jumping far more than general inflation and tax revenues. Employers’ only hope to begin stemming these costs long term is a stronger, unified front at the state and national levels. There also could be an important role for public pensions.
States and localities rely on the regularity and reliability of federal data. Disrupting it undermines everything from pensions to budgets and threatens public trust in government.
While understandably feeling under the gun, there are many ways states can continue to grow both their economies and revenues.
Congress and the states run on different fiscal calendars. Blame Nixon.
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