Mayors in blue states are lining up with Democrats in Congress to pressure the White House into restoring a tax break that was significantly reduced by former President Trump’s tax reform.
Maryland To Delay Controversial Digital Advertising Tax As The Lawsuits Keep Coming
West Virginia Offers $12,000 To Remote Workers To Move There
Cities and states have increasingly been offering moving incentives to entice new residents in recent years and the pandemic has prompted more governments to get into the game.
Hawaii, New York Top List Of Worst-Performing States
Race and Rezoning: Louisville Designs a More Equitable Future by Confronting the Past
In 2017, the city of Louisville, Kentucky, analyzed the average life expectancy of its residents. Those in the more affluent, predominantly white neighborhoods in the eastern section of the city lived longest, the city found, with an average life expectancy of 79 to 83 years. In West Louisville—a historically disinvested area with a predominantly Black population—the average life expectancy was a full decade shorter. The stark difference, the city concluded, was “in part due to systemic oppression.” That systemic oppression includes a long history of discriminatory land use policies.
Sooner Or Later, The Supreme Court Will Be Forced To Decide The Tax Future Of 2 Million Workers
New Hampshire and Massachusetts are fighting over whether the Bay State still has the right to tax the incomes of 103,000 former commuters now working from home in New Hampshire. But this tax spat deals with issues that spread far beyond the Massachusetts border — it has national implications and could impact millions of Americans.
Federal Stimulus Bill Has Huge Tax Change For Gig Workers
Tucked inside the American Rescue Act is a tax change that has big implications for tax revenue and the gig economy. Starting for tax year 2022, many contractors with gig economy companies like Uber UBER +1.3%, DoorDash and Lyft LYFT -2.1% will be getting 1099 forms when they previously wouldn't have.
The Overshadowed Plight of City Budgets
A Victory in California Gives Gig Companies a New Model for Legislation
The pandemic and the social distancing required to help mitigate the spread of the coronavirus has rapidly elevated the role of the gig economy in the United States’ larger socio-economic system. Over the past year, gig workers for companies such as Instacart and DoorDash have been on the frontlines of the COVID-19 pandemic, delivering food and groceries to those sheltering at home.
New York At Risk Of Losing More Than $700 Million In Income Tax Payments To Neighboring States
Federal Stimulus Checks Benefit Mississippians and West Virginians The Most
Maryland’s First-In-Nation Digital Ad Tax Could Catch On — If It’s Legal
Cities Bet on Risky Borrowing Option to Bolster Pensions
Here’s Something Texas Government Did Right—And It Has To Do With E-Commerce Sales Taxes
Red State Budgets Are Suffering The Most In This Recession
As Federal Aid Stalled, State And Local Governments Issued Bonds To Pay Current Bills
Budget Deficits And Massive Governments Layoffs Stalled The Last Economic Recovery. But This Time Could Be Different.
The coronavirus pandemic has created massive budget deficits for state and local governments who have already laid off more than 1.5 million workers — twice the layoff total of the Great Recession.
Gig Workers Could Get A Nasty Surprise This Tax Filing Season—Particularly On State Returns
The number of gig workers in America has been growing in recent years, but the COVID-19 pandemic has accelerated that trend. Before the pandemic, around 41 million Americans were already classified as gig workers (defined as independent contractors or other non-traditional form of employment).
Red States Are Looking At Income Tax Cuts. But Will It Help Small Business Growth?
NYC’s Cancelling Of Trump Contracts Is Largely Symbolic
New York City Mayor Bill de Blasio has announced the city is severing ties with the Trump Organization by cancelling its remaining outstanding contracts. While the decision affects a relatively small amount of money, the announcement — which came on the same day Trump became the first U.S. president to be impeached twice — adds to a growing list of financial rebukes.