Three-quarters of local government respondents said their organization would benefit from priorities-based budgeting.
Corporate goliaths are taking over the U.S. economy. Yet small breweries are thriving. Why?
As the impasse continues on Capitol Hill, some governors vow action to keep national parks open with their own resources.
A windfall from the new federal tax law gives many states the flexibility to comprehensively rewrite their own tax codes, something not seen for decades.
Paying more to drive in 2018? Yup, and you aren’t alone.
By forcing cannabis businesses to rely on cash, the move might make businesses, owners and employees vulnerable to theft and complicate state efforts to collect taxes on drug sales.
To lure Amazon’s HQ2, the Garden State is offering more than double its annual contribution to the public pension system—a system that paid out $5.5 billion more in benefits than it accrued last year.
"It is crass, it is ugly, it is divisive, it is partisan legislating, it is an economic civil war," Cuomo said of the tax rewrite.
As volunteers step up to run community libraries, a new intergovernmental agreement in southwest Oregon gives local advocates there some new hope.
Is the Tax Fight Over the SALT Deduction a Sign of Waning State and Local Influence on Capitol Hill?
“Do we have the clout we once had?" said the executive director of the U.S. Conference of Mayors. "That’s a very difficult question."
On a 227-203 party-line vote, the House on Tuesday passed a far-reaching, $1.5 trillion revision of the tax code, cutting rates for corporations, small businesses and individuals.
An earlier House-approved version of the legislation would have exposed some public pension investments to federal taxation.
Here's a rundown of some of the major provisions that have implications for state and local governments.
Western states rich in coal, oil and natural gas—among them Wyoming, New Mexico and Montana—already rely heavily on those industries and have had their budgets hit hard in recent years by falling energy prices.
Among the criticisms the business tycoon and ex NYC mayor lodges against the legislation: Restricting state and local tax deductions will mean less local investment for infrastructure.
The future of the credit, which helps provide low-cost financing for projects in struggling communities, has been caught up in the tax debate unfolding in Congress.
Property, income and sales taxes would be covered under the emerging plan, which would differ sharply from current law.
But Republican negotiators in the House and Senate were mum Tuesday on specifics that could affect states and localities.
GOP leaders in the House and Senate have voiced an openness to including a limited deduction for state and local income taxes as they move toward finalizing their tax code rewrite.
Banks and credit unions are becoming more comfortable serving marijuana businesses. But the progress could be wiped out by President Trump’s Justice Department.
Help us tailor content specifically for you: