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2 Sep 2021, 3:49 am by Kevin Kaufman
Incidentally, according to the Congressional Budget Office, revenue from general tax sources like the corporate income tax and individual income tax as well as cost reductions could be as high as or higher than revenue from a federal excise tax.[13] While regulatory policy design may be as important as or more important than tax design, a new tax should at least attempt to avoid contributing additional complexity to an already complicated situation. [read post]
19 Jul 2021, 9:06 am by Kevin Kaufman
New Treasury Department data released on the payments shows the distribution of the expanded CTC by state, including how much, on average, households in each state received. [read post]
15 Jul 2021, 9:55 am by Kevin Kaufman
Arizona +21% Idaho +35% Iowa +13% Louisiana +6% Missouri +17% Montana +19% Nebraska +23% New Hampshire +11% Ohio +13% Oklahoma +5% Wisconsin +9% Sources: State revenue agencies. [read post]
8 Jul 2021, 8:52 am by Kevin Kaufman
Census Bureau; state departments of revenue; and Legal Sports Report, “US Sports Betting Revenue and Handle,” https://www.legalsportsreport.com/sports-betting/revenue/. [read post]
8 Jul 2021, 6:00 am by Kevin Kaufman
Sources: Sales Tax Clearinghouse; Tax Foundation calculations; State Revenue Department websites. [read post]
2 Jul 2021, 8:04 am by Amy Howe
Montana Department of Revenue, the Supreme Court ruled that although states are not required to subsidize private education, states that choose to do so cannot exclude religious schools from receiving funding simply because they are religious. [read post]
30 Jun 2021, 7:55 am by Kevin Kaufman
Department of the Treasury has made clear that states are still free to cut taxes out of their own revenue growth without fear that any Recovery Funds would be recouped. [read post]
29 Jun 2021, 2:55 am by Kevin Kaufman
Montana will begin using a corporate income tax apportionment formula with a double-weighted sales factor. [read post]
25 Jun 2021, 4:00 am by Jim Sedor
Garland Tries to Untangle the Trump Legacy at the Justice Department MSN – Devlin Barrett (Washington Post) | Published: 6/21/2021 U.S. [read post]
23 Jun 2021, 4:30 am by Jesse Solis
New Hampshire is doing well financially, with a monthly comparison from the Department of Revenue showing that business tax collections are performing well in fiscal year 2021, even surpassing 2019 numbers in most months. [read post]
23 Jun 2021, 4:30 am by Jesse Solis
New Hampshire is doing well financially, with a monthly comparison from the Department of Revenue showing that business tax collections are performing well in fiscal year 2021, even surpassing 2019 numbers in most months. [read post]
9 Jun 2021, 9:03 pm by Hannah Pugh
In a series of lawsuits, federal courts in Idaho and Montana issued decisions that prevented the Administration from implementing most of the proposed changes. [read post]
3 Jun 2021, 9:03 pm by Jillian Moss
Based on an exception articulated in Montana v. [read post]
3 Jun 2021, 10:36 am by Kevin Kaufman
(See analysis of Arizona, Kansas, Louisiana, Montana, and Oklahoma). [read post]
1 Jun 2021, 8:08 am by Kevin Kaufman
Department of the Treasury has made clear that states are still free to cut taxes out of their own revenue growth without fear that any Recovery Funds would be recouped. [read post]