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.

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.

IRS Cancels Meeting on Opportunity Zones Rules Due to Shutdown

Those interested in the economic development program have been closely tracking the guidelines.

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.

‘Progressive’ Tax on Inherited Wealth Could Net 33 States as Much as $6.1B

New York currently makes the most off its estate tax, but California has the most to gain, a liberal policy group argues.

White House Will Launch Multi-Agency Council Focused on Opportunity Zones

The council will engage with state and local government officials on development in zones, a White House adviser said.

Cities Seek to Align ‘Opportunity Zone’ Capital With Local Priorities

"There's a lot of work to do here that tax-advantaged capital will not do by itself,” says urban policy expert Bruce Katz.

Marijuana Gets Attention as Possible Subway Funding Source

New York City's mass transit system has been facing financial stress and service problems. Could legalizing pot help?

States Rush to Collect Online Sales Tax

The process will be more of a struggle in some states than others.

In Cities Rejected by Amazon, Some See Upsides to ‘HQ2’ Process

“It wasn't just a sense of winners and losers in this,” says Mayor Karen Freeman-Wilson, of Gary, Indiana.

Amazon Officially Names 'HQ2' Sites in NYC and Virginia

Company also outlines billions of dollars of incentives—including tax credits and cash grants—promised by states and localities.

Washington Voters Approve Ban on Local Soda and Grocery Taxes

The initiative drew over $20 million of support from soft drink companies and others. A similar proposal in Oregon failed.

Effort to Kneecap Gas Tax Revenue Fails in California

A source of transportation funding in the state has been preserved.

Albuquerque Mayor OKs Netflix Deal

STATE AND LOCAL ROUNDUP | More recycling sector disruption … Minneapolis alcohol vote; and a “sex for speedbumps” scandal in Florida.

Lawmakers Push to Make Tax Credit Targeting Poor Areas Permanent

Two House members are advocating for the New Markets Tax Credit program to be extended in any post-election tax legislation.

Soda Makers, Grocers Dump Millions Into Anti-Tax Ballot Initiatives

Washington and Oregon voters will decide on measures that would prohibit certain taxes on sugary drinks and grocery businesses.

This Region’s Home Prices Are Being Hit Hard by SALT Deduction Changes

STATE AND LOCAL ROUNDUP | Super Typhoon Yutu’s destruction … Missing vote-by-mail applications in Ga. … Wis.’s slipping DMV performance … and Philly City Council honors Gritty mascot.