Illinois continues to struggle with its budget. The state’s most recent stopgap budget expired on December 31, 2016. To perhaps break up the political logjam, Illinois senators of both political parties have begun...
- The Tax Policy Blog
- Lunch Links: Getting Flint Water Bill to a Vote Averts Fe...
Lunch Links: Getting Flint Water Bill to a Vote Averts Federal Government Shutdown; Compromise Sought on D.C. Paid Leave; Albany, N.Y., Caught in a Land Grab for Property Tax; TV Ads Begin on Oregon GRT Measure
Today is September 28, the anniversary of the Norman invasion of England in 1066. After becoming king, William the Conqueror continued the existing land tax (“danegeld”) and commissioned the Domesday Book in 1085 to survey land values across the kingdom for tax purposes.
Here are some interesting links I came across:
Federal Government Shutdown Averted: The federal government has likely avoided a shutdown that would have begun on Friday. Democrats demanded that water aid to Flint, Michigan, be added to a temporary budget measure, while Republicans said that would be added later to a separate water projects bill. Late last night, they agreed to move up the vote on the water bill. The last federal shutdown in October 2013 lasted 16 days. (Morning Consult / The Washington Post)
Paid Leave Debate in D.C.: The main proposal by Councilmembers David Grosso (I-At Large) and Elissa Silverman (I-At Large) would impose a 1 percent payroll tax to fund 16 weeks of paid leave. The business community countered with a proposal to mandate employers within more than 50 employees offer eight weeks of paid leave, identical to what D.C. government employees currently get, and no tax. But this would leave out a third of employees. (WAMU)
D.C. Presentation Tonight: Speaking of D.C., I’m presenting at this evening’s meeting of the Mayor’s Working Group on Jobs, Wages, and Benefits on the competitive position of the District versus Maryland and Virginia. (WGWJB)
Albany Property Tax Problem: Albany benefits economically from being New York state’s capital, but its property tax collections are limited by state control of much of the land. An effort to get the state to make payments in lieu of taxes (PILOTs) failed, so now the city is trying to get control of a valuable piece of developable land. (Politico New York)
Should Kansas Have Ending Balance Cash? Before Kansas enacted a rainy day fund, it required the state to end the year with enough cash to cover 7.5 percent of the budget. Legislators suspended the requirement every year since 2003 except one (2013), and this year policymakers voted to create a rainy day fund. Should they keep both or pick one? It’s partly academic since there’s no money for either right now. (Topeka Capital-Journal)
Get Email Updates from the Tax Foundation
Join the Tax Foundation's fight for sound tax policy Go
About the Tax Policy Blog
The Tax Policy Blog is the official blog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.