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Posts on State Budget And Tax
May 19, 2010

Despite all the harsh anti-government talk in Washington and around the country, voters in Arizona yesterday did something that will surprise lots of people: they said they wanted to pay more taxes.

What’s going on? Reality is trumping rhetoric — and not just in Arizona.

May 12, 2010

David Brunori at State Tax Notes discusses our recent report on states taxing low-income residents (we blogged about this here and here) and agrees with our key arguments:

May 11, 2010

As ABC reports today, Amazon.com is fighting North Carolina’s attempt to collect sales taxes that residents owe on their online purchases. This is one of several ongoing fights between the company and states trying to collect the roughly $8.6 billion they’re owed each year from Internet sales. With states laying off thousands of teachers and taking other painful steps to close huge budget shortfalls, Amazon’s actions are coming at the expense of the public interest.

May 6, 2010

To help balance the state’s budget, the Vermont legislature has voted to suspend a scheduled increase in an obscure corporate tax break known as the “domestic production deduction.” It’s a sensible move. Other states with this tax break should consider freezing it or, better yet, joining the 22 states that have killed it altogether.

May 5, 2010

To follow up on last week’s post on state taxes and the working poor (and TAPPED’s post on our recent report), these maps show the progress states have made over the past two decades in eliminating income taxes on working-poor families.

May 4, 2010

As today’s USA Today details, policymakers, unions, and celebrities are speaking out against large-scale teacher layoffs across the country — the Obama Administration estimates that as many as 300,000 teachers could lose their jobs. School districts face tough spending choices due to state budget cuts and an end to federal Recovery Act funding.

May 3, 2010

Analyzing the new GDP figures issued Friday, which showed state and local spending falling at the fastest rate in three decades, Matt Yglesias made the important point that the large cuts in state and local spending are a drag on the economy. The new figures are just the latest evidence that Congress should extend the Recovery Act’s fiscal relief to states.

April 30, 2010

Just before midnight last night, Georgia’s legislature voted to eliminate a tax credit for 1 million workers earning under $20,000, joining several other states that are cutting (or considering cutting) tax benefits for low-income families. While states face severe budget pressures due to the recession, sacrificing their low-income tax credits is a terrible idea, for a host of reasons:

April 29, 2010

Over the past two decades, a number of states have recognized the folly of taxing working-poor families deeper into poverty and, instead, have eliminated their income taxes on poor — and, in some states, near-poor — households. But our new survey finds that 13 of the 42 states with an income tax still tax two-parent families of four with earnings below the poverty line ($21,947).

April 23, 2010

The deep cuts in public services and millionaire-friendly tax policies that New Jersey Governor Chris Christie has proposed have made him a poster child for good governance for conservatives like Fred Barnes and George Will. But his proposals also highlight — if unintentionally — the need for a better, balanced approach to meeting public needs despite a recession-fueled plunge in state revenues.

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