CSG West Finance & Economic Development
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Big States Missing Out on Online Sales Taxes for the Holidays | The Pew Charitable Trusts

Big States Missing Out on Online Sales Taxes for the Holidays | The Pew Charitable Trusts | CSG West Finance & Economic Development | Scoop.it
Online sales tax collection windfall? Not for Johnny-come-lately states.
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Pay Taxes in Bitcoin? One State Will Let You.

Pay Taxes in Bitcoin? One State Will Let You. | CSG West Finance & Economic Development | Scoop.it
Ohio will become the first state to accept cryptocurrency for tax payments, beginning this week.
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A handful of ports and their workers bear the brunt of retaliatory tariffs

A handful of ports and their workers bear the brunt of retaliatory tariffs | CSG West Finance & Economic Development | Scoop.it
Fallout from trade tariffs are contributing to rising fears of economic unrest as every community in the country relies on trade to some degree.
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Federal Tax Reform Fuels Record 2018 State Spending

Federal Tax Reform Fuels Record 2018 State Spending | CSG West Finance & Economic Development | Scoop.it
Budget directors are still figuring out how much of the tax law's impact on state revenues was a one-time boost.
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A Fair Way to Limit Tax Deductions –

A Fair Way to Limit Tax Deductions – | CSG West Finance & Economic Development | Scoop.it
The cap on federal tax deductions for state and local taxes (SALT) that is in effect now under the Tax Cuts and Jobs Act (TCJA) is a flawed provision but repealing it outright would be costly and provide a windfall to the rich. Congress should consider replacing the SALT cap with a different type of limit on deductions that would avoid both of these outcomes. Using the ITEP microsimulation tax model, this report provides revenue estimates and distributional estimates for several such options, assuming they would be in effect in 2019.
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New 50-State Analysis: SALT Cap Repeal Would Be Costly, Mostly Benefit Top 1% –

New 50-State Analysis: SALT Cap Repeal Would Be Costly, Mostly Benefit Top 1% – | CSG West Finance & Economic Development | Scoop.it
Media Contact New 50-State Analysis: SALT Cap Repeal Would Be Costly, Mostly Benefit Top 1% Report Offers Other Sensible Policy…
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Who Pays? 6th Edition –

Who Pays? 6th Edition – | CSG West Finance & Economic Development | Scoop.it
No two state tax systems are the same; this report provides detailed analyses of the features of every state tax code.
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Treasury Sees 2018 Borrowing Needs Surging to $1.34 Trillion - Bloomberg

Treasury Sees 2018 Borrowing Needs Surging to $1.34 Trillion - Bloomberg | CSG West Finance & Economic Development | Scoop.it
The U.S. Treasury Department said government borrowing this year will more than double from 2017 to $1.34 trillion as the Trump administration finances a rising budget deficit.
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What the Aging Population Means for State Finances

What the Aging Population Means for State Finances | CSG West Finance & Economic Development | Scoop.it
One-third of states will be "super-aged" by 2026, weighing down economies and finances for years to come.
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In Less Than 10 Years, America Will Have 17 ‘Superaged’ States

In Less Than 10 Years, America Will Have 17 ‘Superaged’ States | CSG West Finance & Economic Development | Scoop.it
Currently, none are in that demographic category.
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Lawmakers Push to Make Tax Credit Targeting Poor Areas Permanent

Lawmakers Push to Make Tax Credit Targeting Poor Areas Permanent | CSG West Finance & Economic Development | Scoop.it
Two House members are advocating for the New Markets Tax Credit program to be extended in any post-election tax legislation.
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New Research Examines Funded Ratio of State & Local Public Pension Plans

New Research Examines Funded Ratio of State & Local Public Pension Plans | CSG West Finance & Economic Development | Scoop.it
Top Third of Public Pension Plans Have 90 Percent Funded Ratio While Bottom Third at 55 Percent
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State pension plans would be better off avoiding external management fees

State pension plans would be better off avoiding external management fees | CSG West Finance & Economic Development | Scoop.it
Recent research from North Carolina State University finds that state pension plans would be better off avoiding external asset managers when investing their plans' assets—and would carry substantially smaller unfunded liabilities if they simply invested in a conventional index fund.
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How Wyoming’s unlikely craft beer and liquor boom is rekindling a state's entrepreneurial spirit

How Wyoming’s unlikely craft beer and liquor boom is rekindling a state's entrepreneurial spirit | CSG West Finance & Economic Development | Scoop.it
The success of craft breweries and micro-distilleries in tiny towns and small cities across Wyoming suggests a cultural shift—and an alternative to extractive economics.
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Marijuana Retail Sales See Biggest Month to Date in Colorado

Marijuana Retail Sales See Biggest Month to Date in Colorado | CSG West Finance & Economic Development | Scoop.it
But experts caution pot tax revenue doesn’t necessarily solve state budget problems.
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House Passes Bill to Standardize, Centralize Grant Data - Nextgov

House Passes Bill to Standardize, Centralize Grant Data - Nextgov | CSG West Finance & Economic Development | Scoop.it
Without machine-readable reports, waste will continue, lawmaker says.
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Wildlife-Related Recreation Boosts Local Economy | The Pew Charitable Trusts

Wildlife-Related Recreation Boosts Local Economy | The Pew Charitable Trusts | CSG West Finance & Economic Development | Scoop.it
Hunting, fishing, and wildlife-watching visits to the 246 million acres of land overseen by the Bureau of Land Management (BLM) across the West support 26,500 jobs and generate more than $3 billion for the U.S. economy, according to a new study focused entirely on the economic contribution of wildlife-related recreation trips to these landscapes.
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Tax Incentives’ Bipartisan Folly

Tax Incentives’ Bipartisan Folly | CSG West Finance & Economic Development | Scoop.it

Companies are always going to "shop states" for the best deals. Low taxes and business-friendly policies are a better way to grow jobs.

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Deficit Laden Federal Finances Stir Uncertainty for Future State Aid

Deficit Laden Federal Finances Stir Uncertainty for Future State Aid | CSG West Finance & Economic Development | Scoop.it

Low Federal Reserve interest rates are a concern as well when it comes to how the nation will respond to the next recession.

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States' Capital Budgets Have Become Partisan Battlegrounds

States' Capital Budgets Have Become Partisan Battlegrounds | CSG West Finance & Economic Development | Scoop.it

The once-quiet place reserved for technical experts is increasingly being held hostage in political fights.

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In Tax-Free States, Businesses Squirm at Collecting Online Sales Taxes for Others

In Tax-Free States, Businesses Squirm at Collecting Online Sales Taxes for Others | CSG West Finance & Economic Development | Scoop.it

Get ready for that “add sales tax” line on your online orders.

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Most U.S. states lack reserves to weather next recession: S&P

Most U.S. states lack reserves to weather next recession: S&P | CSG West Finance & Economic Development | Scoop.it

While U.S. states' financial health has strengthened in 2018 compared with last year, fewer than half have enough financial reserves to weather the first year of a moderate recession, according to an S&P Global Ratings report on Monday.

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School Days, School Funding Haze

School Days, School Funding Haze | CSG West Finance & Economic Development | Scoop.it

An average taxpayer could (and might prefer to) get lost if they try to keep track of all its moving parts, but a little knowledge of the school funding landscape can be a good thing.

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Despite New IRS Rules, There Are 3 Ways Blue States Could Still Get Around Tax Reform

Despite New IRS Rules, There Are 3 Ways Blue States Could Still Get Around Tax Reform | CSG West Finance & Economic Development | Scoop.it

The IRS has moved to block high-tax states from circumventing GOP limits on tax deductions -- but not in every way possible.

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CSG West is a nonpartisan, nonprofit organization that fosters and facilitates regional cooperation and the strengthening of Western state legislatures