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Illinois Passes a Budget, But it's No Time to Celebrate
Last Thursday the Illinois House voted to override Governor Bruce Rauner's (R) veto of its budget bill ( IL SB 9), ending the state's 736 day budget stalemate. While the vote takes the pressure off Illinois' fiscal difficulties for the moment, the state still faces...
June 2017 Tax Retrospective: The Government Shutdown Blues
To say that it has been a rocky budget year for states would be an understatement: revenues for this year have been lackluster overall and projections for the future aren't any brighter. States across the country struggled to meet their requirements to pass balance...
May 2017 Tax Retrospective: Budgets finished, budgets delayed (Part 2)
In our previous post, we discussed the state budget difficulties in Illinois, Louisiana, Minnesota, and New Mexico. In part two, we'll examine Kansas, Oklahoma, and West Virginia.
Kansas' fight over tax reform
Kansas Governor Brownback's (R) marquee 2013 tax cuts...
May 2017 Tax Retrospective: Budgets finished, budgets delayed (Part 1)
May was a busy month as several state legislatures struggled to finish budgets before the end of their sessions. Crafting a budget is a notoriously difficult process in which lawmakers weigh competing interests that jockey for scarce funds, the possible need for new...
April Tax Policy Retrospective: The Rise & Fall of Gross Receipts Taxes
April was a busy month for state legislators, but the biggest news in tax policy was the fate of a pair of bills seeking to impose new gross receipts taxes (GRTs). The governors of Louisiana and West Virginia have both advocated for a GRT believing that a GRT will help...
March Tax Policy Retrospective: Consumption Taxes Abound
March is the last month of the mad scramble that marks the opening of the legislative season, with several states rushing to wrap up their legislative business before adjournment and others beginning the hard work of crafting a balanced budget. What's unusual this year...
Five Tax Policy Takeaways from February
Coming into the legislative season, we thought that taxation of services would be a central issue before state legislatures this year, and we were right. Governors and legislators alike have called for expanding the tax base, either by eliminating existing exemptions,...
Five State Tax Takeaways from January
One month into 2017 and state legislatures have wasted no time in proposing significant actions to affect their tax landscapes. Most states still have months of bargaining and debate to look forward to, but we are already getting indications about what the rest of the...
Thirty-One States Face Revenue Shortfalls for the 2017 Fiscal Year

State revenues have had a hard recovery, with about half of the states facing budget deficits or shortfalls, according to a recent report from the National Association of State Budget Officers. Based on a new data analysis, we anticipate that 31 states will face some...

Oregon Measure 97: The Granddaddy of 2016's Tax Ballot Measures

With all due respect to Proposition 55 in California and Missouri's Constitutional Amendment 4, Oregon is host to the most talked about and pivotal tax measure on any ballot this November. Oregon Measure 97 (previously IP28) would impose a 2.5 percent gross receipts tax...