Tag: tax reform

4 Takeaways from Proposed Opportunity Zone Regulations

The Opportunity Zones program, passed into law last year, went by nearly unnoticed after it was bundled into the larger 2017 tax reform bill. Many state and local leaders were first introduced to the program during the 90-day window for zone selections at the start of this year. While the first year of the program

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How City Fiscal Conditions Changed in 2018

This is an excerpt from our new City Fiscal Conditions report. The 2018 City Fiscal Conditions survey indicates that slightly more finance officers than last year are optimistic about the fiscal capacity of their cities. However, the level of optimism is still far below recent years. Tax revenue growth is experiencing a year-over-year slowdown, with

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What Trump’s State of the Union Will Mean for Cities

Last night, President Donald Trump delivered his first State of the Union address. In a wide-ranging speech, he presented a vision heavy on bipartisanship and economic prosperity — but light on policy details. For city leaders, the night did little to illuminate upcoming priorities or tactics. With the administration moving into high gear on several

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What the ‘Tax Cuts and Jobs Act’ Will Mean for Cities

After a last-minute procedural delay forced the House of Representatives into a re-vote, the Tax Cuts and Jobs Act (H.R. 1) this morning passed both houses of Congress. The bill  will now head to President Trump, who is expected to sign it into law. The Senate had to make several last minute changes to the

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Tax Reform Continues to Race Forward

A lot has happened in the past month on tax reform. On November 16, the House passed its version of a tax bill, the Tax Cuts and Jobs Act (H.R.1), just under a week after the Senate released its own version of the bill. After a tenuous 20 hours of debate and deal-making, the Senate

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Don’t Make Cities and Towns Shoulder the Cost of Tax Reform

This is a guest post by Sam Mamet, executive director of the Colorado Municipal League. Back in the day, when I was still lobbying for the Colorado Municipal League under the Gold Dome of our state capitol, there was an old parlor game I used to have to play. It was called “Shift and Shaft.”

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Tax Reform: A Primer or Another False Start?

While summer in Washington, D.C., is a time typically marked by six weeks of Congressional recess, the talk of tax reform is heating up in the nation’s capital. With the release of the anticipated House budget blueprint, titled “Building A Better America,” it seems legislators are ready to turn their attention from healthcare to tax

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