State Rundown 9/21: Many States Moving in Reverse


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This week we are bringing you news about taxpayer disapproval of stadium subsidies in Nevada, more pressure to reverse tax cuts in Kansas, a move in Missouri to narrow its sales tax base, and other state tax policy developments from across the country.  Thanks for reading the Rundown!

-- Meg Wiehe, ITEP State Policy Director, @megwiehe

What We're Reading...  

  • New Jersey Policy Perspective has released a report and short video chronicling the "Notorious Nine" fateful decisions beginning in the 1990s that brought the state down from economic powerhouse to fiscal mess. Step one for states looking to recreate the New Jersey disaster? Pass unaffordable, regressive income tax cuts.
  • A new academic paper examines ownership of pass-through businesses and how much taxes they pay, finding that pass-through income is more heavily concentrated among high-earners and that many of the ownership interests are unclassified or circularly owned.

If you like what you are seeing in the Rundown (or even if you don't) please send any feedback or tips for future posts to Meg Wiehe at meg@itep.org. Click here to sign up to receive the Rundown via email.

 

Thank you for visiting Tax Justice Blog. CTJ and ITEP staff will soon retire this domain. But ITEP staff are still blogging! You can find the same level of insight and analysis and select Tax Justice Blog archives at our new blog, http://www.justtaxesblog.org/

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