- State and Local Revenue Options for Advancing a Brighter Future🔍
- State & Local Revenue🔍
- 8 Revenue Options🔍
- State Tax Revenue Declines From Record Highs🔍
- Improving Tax Collection🔍
- Eight State Tax Reforms for Mobility and Modernization🔍
- How a Pandemic|Era Surge in Tax Collections Drove a Revenue ...🔍
- Rethinking Revenue🔍
State and Local Revenue Options for Advancing a Brighter Future
State and Local Revenue Options for Advancing a Brighter Future
This CBPP tool seeks to help policymakers, advocates, and others better understand many of the various revenue-raising options available in their state.
State and Local Revenue Options for Advancing a Brighter Future
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State and local governments collect tax revenues from three primary sources: income, sales, and property taxes.
8 Revenue Options | Choosing the Nation's Fiscal Future
... States has a lower overall tax burden than many other advanced industrial countries. The total of federal, state, and local taxation in the United States ...
State Tax Revenue Declines From Record Highs
During the past two fiscal years, states have pursued a blend of short- and long-term budgetary commitments—such as tax cuts and pay raises for ...
Improving Tax Collection, Raising Tax Revenue and Lessons in Tax ...
Georgia offers a striking example of successful tax revenue reform. Following the collapse of the Soviet Union, the government struggled to collect tax revenue.
Eight State Tax Reforms for Mobility and Modernization
States can reduce the penalization of business investment by repealing capital stock taxes and eliminating remaining inventory taxes. Each of ...
How a Pandemic-Era Surge in Tax Collections Drove a Revenue ...
Infusions of federal aid during the pandemic and new state-level tax cuts complicated states' efforts to identify temporary tax revenue. States ...
Rethinking Revenue - Government Finance Officers Association
Local government revenues have not remained aligned with modern economic realities. GFOA and a group of partners contend that the time is now for rethinking ...
Revenue Alternatives for Building a Better Future - WA.gov
These options range from eliminating the state sales tax exemption for nonresidents and taxing the windfall profits of oil companies and banks to auctioning ...
If cities are to survive the current crisis, reforms at both the local and state level are necessary, and the menu of available options – practically, ...
FACT SHEET: The American Jobs Plan | The White House
President Biden is proposing a ten-year extension and phase down of an expanded direct-pay investment tax credit and production tax credit for ...
Tax Expenditures | U.S. Department of the Treasury
It is especially helpful for tax expenditures that involve deferrals of tax payments into the future. ... state and local taxes are all tax expenditures. When ...
This comprehensive 7th edition of the report assesses the progressivity and regressivity of state tax systems by measuring effective state and local tax rates ...
How State & Local Dollars Fund Public Schools - The Bottom Line
Local revenue is generated by a combination of property tax, sales tax, and income tax, and is a major funding source for many school districts across the ...
local, state, and federal governments, meets requirements imposed by ... This tax gives school boards an additional option to the local property tax ...
2024 State Business Tax Climate Index - Tax Foundation
This law also established triggers to reduce future tax rates, subject to revenue availability. ... local option sales tax is higher than the state sales tax rate ...
State Options to Shore up Revenues and Improve Tax Codes amid ...
These options include empowering localities to: progressively tax income through graduated local income taxes or income surtaxes calculated as a ...
technologies of the future; advancing the Nation's understanding of ... Preempt State/local taxation of FeDVIP carriers to align with FeHB carriers ...
Publication 525 (2023), Taxable and Nontaxable Income - IRS
Joint state or local income tax return. Registered domestic partners (RDPs) domiciled in community property states. Deductions not itemized. Itemized Deduction ...