Reports by Nicholas Johnson
Results per page: 50 | 100
Results by year: 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006
-
Statement by Nicholas Johnson, Director of the State Fiscal Project, Center on Budget and Policy Priorities, on The Maryland Senate Budget and Taxation Committee’s Tax Bill
November 7, 2007
The tax bill passed by the Maryland Senate Budget and Taxation Committee is a disappointing step backwards from Governor O'Malley’s tax reform proposal. It bows to pressure from powerful corporate interests to abandon the closure of wasteful corporate tax loopholes. … -
A Simple, Inexpensive Way for Maryland to Protect Certain Low-Income Workers from Tax Increases
October 26, 2007
Closing Maryland's budget shortfall will require significant tax increases, including some that will have a disproportionate impact on the state’s lowest-income workers. Governor O'Malley's proposal, for example, relies heavily on increases in the sales tax, tobacco tax, vehicle titling tax, and gambling revenues, all of which would hit … -
Additional Options for Revenue in Maryland
October 26, 2007
Executive Summary Maryland Governor Martin O’Malley has proposed a set of new revenue options for the state. The additional revenue is needed to close a projected budget deficit and continue to finance education, health care, transportation, and other public service at current-law levels. Without the additional revenue, the state would need … -
Options for Protecting Maryland’s Low- and Moderate-Income Families from Regressive Tax Increases
October 26, 2007
Executive Summary Maryland faces large budget deficits in the coming fiscal year and for the foreseeable future. Putting the state on secure fiscal footing will almost certainly require significant tax increases. Many of the tax increases currently under consideration would impose a disproportionate cost on Maryland’s low- and … -
Statement by Nicholas Johnson, Director of the State Fiscal Project, Center on Budget and Policy Priorities, on the National Conference of State Legislatures’ Survey of Fiscal Conditions
August 9, 2007
Today’s NCSL budget update should serve as a yellow flag to any states considering new tax cuts, which a number of states have enacted in recent months. State tax revenues aren’t keeping pace with the cost of providing services. Instead, many states are relying on past years’ surplus funds to balance their budgets, a sign of … -
State Expenditure Growth Slowing
July 31, 2007
State expenditure growth is projected to slow significantly for fiscal year 2008, which is the 12-month period that began July 1, 2007 in most states. During May, June, and early July, the Center on Budget and Policy Priorities conducted a phone and email survey of state legislative and executive budget officials to learn states’ actual General … -
How Strong Are State Budgets?
April 20, 2007
A new report from the National Conference of State Legislatures finds some improvement in state budget conditions for the current fiscal year (FY 2007), which in most states ends June 30, 2007, and for the upcoming fiscal year.[1] But the improvements that have occurred since budgets’ enactment last spring have been, at best, modest in … -
State Earned Income Tax Credits and the "Overpayments" Issue
March 28, 2007
The federal Earned Income Tax Credit is a tax credit for low- and moderate-income working families. The EITC is widely hailed for its success in subsidizing work, reducing poverty and making the tax code fairer. For these reasons, 20 states have enacted EITCs that piggyback on the federal credit and thereby further its successes. … -
Tax Foundation Estimates of State and Local Tax Burdens Are Not Reliable
March 27, 2007
In March 2007, the Tax Foundation is expected to release its annual report on “Tax Freedom Day,” which it describes as the day when “Americans will finally have earned enough money to pay off their total tax bill for the [current] year.” For each state, the report will show the Tax Foundation’s estimate of state and local taxes paid by residents of that … -
The Property Tax Circuit Breaker
March 21, 2007
Many individuals and families who pay a high share of their income in property taxes are eligible for “property tax circuit breakers”— refunds provided by the state government to those whose property tax payments are deemed too great. Some 18 states deliver roughly $3 billion per year in circuit breaker programs.[1] … -
Improving State Fiscal Policies in The 2007 Legislative Sessions
Revised January 26, 2007
State policymakers can make substantial improvements to their state fiscal systems in 2007 legislative sessions. This paper is a guide to relevant Center on Budget and Policy Priorities analyses that describe some opportunities for improvement as well as challenges that states may face this year. Each of these analyses …
