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Tax Revenues

The State of State (and Local) Finances

Milton Ezrati | Posted 09.05.2014 | Politics
Milton Ezrati

State and local governments as a whole have kept spending growth in line with revenues growth and so have contained the flow of red ink. This is good news, even with all the caveats. There are, however, longer-term concerns.

The Blank Slate Tax Reform Trap

Jared Bernstein | Posted 09.01.2013 | Politics
Jared Bernstein

I've not paid much attention to the latest disturbance in the tax reform force: the zero-based plan by Senators Baucus and Hatch to wipe out all tax expenditures and insist that advocates argue the merits of each one if they want them put back in the tax code.

Is This a Realistic Time for a 'Grand Bargain?'

Jared Bernstein | Posted 08.17.2013 | Politics
Jared Bernstein

As the fiscal picture has improved, both through actions we've taken already and the improving economy, it's much tougher to make the hair-on-fire urgency case that drove this benighted debate in recent years.

Sam Stein

White House Won't Draw Definitive Lines On Tax Revenues In Sequestration Deal

HuffingtonPost.com | Sam Stein | Posted 02.19.2013 | Politics

WASHINGTON –- The debate over replacing the impending $1 trillion in automatic spending cuts has boiled down to a fight over tax revenues. Democr...

What Austerity Would Mean for America

Daniel Altman | Posted 09.25.2012 | Business
Daniel Altman

Want to know what big cuts in federal spending would do to the United States? Look no further than the United Kingdom.

Ryan Grim

Wall Street Tax Would Raise $350 Billion

HuffingtonPost.com | Ryan Grim | Posted 01.07.2012 | Politics

WASHINGTON -- A minuscule tax on financial transactions proposed by congressional Democrats would raise more than $350 billion over the next nine year...

Federal Government Downsizing Slowing Economic Recovery

AP | BY TOM RAUM | Posted 12.24.2011 | Business

WASHINGTON — Conservative Republicans have long clamored for government downsizing. They're starting to get it – by default. Crippled by ...

Sam Stein

Private Hill Memo Instructs Dems On How To Sway GOP On Taxes

HuffingtonPost.com | Sam Stein | Posted 08.31.2011 | Politics

WASHINGTON -- With congressional Republicans unbending in their opposition to including tax hikes or revenue increases in a debt ceiling deal, Democra...

How To Balance the Budget in One Easy Step

Raymond Griffith | Posted 06.14.2011 | Business
Raymond Griffith

OK. I am going to start out by admitting that I am not an economist. Like most people, I hadn't heard about derivatives, securities or exotic financia...

Stiglitz: Why I Don't Support The Bowles-Simpson Deficit Plan

Politico | JOSEPH E. STIGLITZ | Posted 05.28.2011 | Business

I was asked to sign the letter from a bipartisan group of former chairmen and chairwomen of the Council of Economic Advisers that stresses the importa...

Colorado Springs Medical Marijuana Tax Revenue Helping Keep City Afloat

Colorado Springs Gazette | DANIEL CHACÓN | Posted 05.25.2011 | Denver

While El Paso County deals with a lawsuit over a ballot measure to ban medical marijuana businesses, the city of Colorado Springs is laughing all the ...

Unemployment, Student Debt Poses Huge Risks For Young People, Economic Future

Baseline Scenario | Mark Paul and Anastasia Wilson | Posted 05.25.2011 | Business

Even after a slight boost in jobs growth, unemployment for 18-24 year olds stands at 24.7%. For 20-24 year olds, it hovers at 15.2%. These conservativ...

How To Solve America's Tax Nightmare: CUT Tax Rates, Eliminate Tax Returns, Create VAT

Newsweek | Keith Libbey and Evan ThomasAugust 26, 2010 | Posted 05.25.2011 | Politics

How about this for a tax plan: cut most people's taxes by half, eliminate the need to file returns, and provide the Treasury with a better way to redu...

Immigrants Prop Up Cities Hit By Population Loss

USA Today | Posted 05.25.2011 | Home

The recession has brought a nation built on moving from place to place to a standstill not seen since World War II, but immigration continues in major...

Cash-Strapped California Turns To EBay, Craigslist

The Los Angeles Times | Michael Rothfeld | Posted 05.25.2011 | Politics

Does Gov. Arnold Schwarzenegger have a deal for you. Need a 2001 Ford Focus wagon with 110,059 miles and Schwarzenegger's autograph on the visor? S...

Tax Revenues Post Biggest Drop Since Depression

AP | STEPHEN OHLEMACHER | Posted 05.25.2011 | Business

WASHINGTON — The recession is starving the government of tax revenue, just as the president and Congress are piling a major expansion of health ...

State Tax Revenues At Record Low: Report

New York Times | Michael Cooper | Posted 05.25.2011 | Business

The anemic economy decimated state tax collections during the first three months of the year, according to a report released Friday by the Rockefeller...