federal deductibility Archive

Pennsylvania Inflation & Tax Reform Solutions
June 22, 2022
No Comments
TweetShareSharePin0 Shares Note: The following is Tax Foundation testimony regarding how Pennsylvania can mitigate challenges of inflation through structural tax reforms. It was presented, by request, to the Pennsylvania House Majority Policy Committee on June 21, 2022. Good morning, Chairman Causer and Members of the Committee, My name is Timothy Vermeer, and I am a

Alabama Federal Deductibility Issues & Solutions
February 11, 2022
No Comments
TweetShareSharePin0 Shares Alabama lawmakers are acting to ensure that federal relief from the American Rescue Plan Act (ARPA) does not increase tax liabilities in the state. Senate Bill 152, which addresses the issue, recently passed and has been referred to the Ways and Means Committee. This unusual issue is a consequence of Alabama offering a

Federal Deductibility Is Distorting Tax Liability in Six States
November 1, 2021
No Comments
TweetShareSharePin0 Shares At the federal level, the state and local tax (SALT) deduction has emerged as a hot-button political issue ever since the deduction was capped at $10,000 under the Tax Cuts and Jobs Act (TCJA) of 2017. The SALT deduction has defenders as well as detractors, but a peculiar inversion of it—a state deduction

2021 Election Results | 2021 Ballot Measures
October 27, 2021
No Comments
TweetShareSharePin0 Shares Election Day will be a modest affair in 2021, perhaps a welcome respite from the inflamed politics of recent years. Despite few statewide races, however, voters in some states will decide important questions by ballot measure. Of particular note, through 10 ballot measures across four states—Colorado, Louisiana, Texas, and Washington—voters will decide significant

Louisiana Election Results: Tax Reform Ballot Measures
October 21, 2021
No Comments
TweetShareSharePin0 Shares Elections in Louisiana are always different than in other states due to the two-round majority vote system and, in odd-numbered years, holding the first round of elections on a Saturday in October. This year there is an additional twist, with Hurricane Ida prompting a postponement of Election Day to November 13th. Also notable