These States Collect the Highest Sales Taxes Per Person

Forty-five states and the District of Columbia collect state sales taxes, while local sales taxes exist in 38 states, according to the Tax Foundation.

Appeal to Trump on SALT Cap Appears to Get Cool Reception

New York Gov. Andrew Cuomo says "there is no more vital long-term issue" for his state's finances than a limit on the state and local tax costs taxpayers can write off on their federal returns.

Hike Taxes on the Rich to Pay for Education? Voters in this State Support the Idea, Survey Finds

The poll results come amid discussions about taxing wealthier Americans more at the federal level.

New Accounting Standards Could Disrupt Access to Financing

COMMENTARY | Start planning now to make sure your finance team is prepared for GASB changes.

Candidate Pitches Plan for Chicago to Annex Its Suburbs

STATE AND LOCAL ROUNDUP | Texas now has a measles outbreak … San José mayor interested in Musk tunnel … and a N.C. city suspends drug testing.

State Tax Revenue Makes Biggest Gains in Seven Years

Revenue collections were boosted by favorable economic conditions, robust stock market returns in 2017 and the first half of 2018, and state policy actions.

States See a Slip in Tax Collections That's Not Totally Unexpected

The federal tax overhaul and stock market volatility help to explain some recent income tax revenue trends.

Vermont Governor’s Plan to Pay Out-of-Staters to Take a Job in His State

STATE AND LOCAL ROUNDUP | Pennsylvania lt. gov.’s marijuana listening tour … Florida secretary of state resigns … and the cause of the 2017 Tubbs Fire is ID’d.

A State Pension Proposal That Promises Near-Term Savings, But Higher Future Costs

Kansas Gov. Laura Kelly included the “reamortization” plan in her first budget. It’s proving to be controversial.

Disputes Over State Taxes on Railroad Fuel Simmer Before Supreme Court

The court on Monday asked for the U.S. government to submit views on an Alabama case.

The Truth About the Gig Economy

Uber and similar companies aren’t driving huge changes in the way that Americans make a living.

Few Signs So Far Sports Wagering Will Be Huge Boon for State Budgets

“Large amounts of tax revenue from sports gambling is no sure bet,” one expert notes.

A Prolonged Shutdown Will Hit Counties With Tight Cash Flows Hardest

From wildfire prevention efforts to farm loans to mass transit, here are the latest potential casualties of a long-term funding hiatus.

A Turbulent Stock Market Can Benefit State and Local Borrowers

When stocks get dicey, one place investors turn to is municipal bonds.

San Francisco’s Homelessness Tradeoff

Taxing big business means more money for health care and social assistance, but the city’s economist says it could also mean fewer jobs and a smaller economy if companies move or open elsewhere—which could sting in a recession.

The States That Give and Get the Most Federal Dollars

A new analysis identifies states that have sent more money to Washington than they saw in returned federal spending.

City Leader Wants Residents to Try Balancing the Parks and Rec Budget

STATE AND LOCAL ROUNDUP | Federal shutdown delays hurricane recovery funds … another Flint water crisis plea deal …. and confusion comes with Conn. town’s pay-per-bag trash collection proposal.

New Governor Has 1st State Budget Due This Week

STATE AND LOCAL ROUNDUP | Minn. is falling behind on goals to reduce emissions … Airbnb sees big growth in rural areas … and a lawsuit could drain Pa. transit funding.

Bill to Restore Full State, Local Tax Deduction Emerges in New Congress

The “SALT” deduction was curbed by the GOP-backed tax law passed in late 2017.