Tag: tax

Three Measures in the House’s Infrastructure Package Most Fiscally Important to Cities and Towns

Through NLC’s Rebuild With Us campaign, local leaders are asking Congress to pass a comprehensive infrastructure package that steps up federal support for transportation, water, broadband, workforce, and more. On July 1, the U.S. House of Representatives passed the Moving Forward Act (H.R.2), which makes significant investments to support cities’ infrastructure requests, but Senate action will be needed. This is

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Money Direct to Residents: Making Sense of CARES Act Payments

The federal government will be sending money directly to people as part of the recently passed Coronavirus Aid, Relief, and Economic Security Act or the CARES Act. Local leaders can take action now to make sure their residents keep more of those dollars in their pockets that can be spent in the local economy.  What is Coming  The funds being

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How Boston Helped Residents Get Bigger Tax Returns

Cities must be at the forefront of providing financial empowerment and tax equity strategies that include Volunteer Income Tax Assistance (VITA) and credit building at tax time. Using information about the Earned Income Tax Credit (EITC) to educate low and moderate-income taxpayers on the benefits of filing their tax returns while maximizing tax time for credit

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Six Things City Leaders Should Know About the Tax Cuts & Jobs Act

Yesterday, the House Ways and Means Committee released its long-awaited “Tax Cuts & Jobs Act” plan. The proposed tax reform plan aims to streamline the U.S. tax code and create some tax relief for middle and low income Americans by reducing the number of tax brackets, reducing marginal tax rates, and expanding family tax credits.

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Five Things City Leaders Should Know About Tax Reform

This week, the “Big 6” tax negotiators comprised of leadership from the House, Senate and Administration, released its highly anticipated tax framework. The plan was a slightly updated version of the outline we saw in April. While the new document does provide some answers for cities, many unknowns still remain. Little has changed since the

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Weighing the Effects of Public Buy-In

Earlier this month, residents in the Atlanta region voted down a 10- year, 1 percent sales tax measure which would have raised about $7.2 billion dollars for the region’s transportation plan.  Now without that anticipated revenue, stakeholders may have to rely on other strategies such as tolling to relieve the region’s congestion issues and new rail

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Speech and Sewers: The Supreme Court has been Busy Ruling in Favor of Local Government

The last week of June likely will be big even for Americans who generally don’t give a second thought to the U.S.  Supreme Court because the Affordable Care Act cases and the Arizona immigration case will be decided then. But for at least local government and the State and Local Legal Center (SLLC) the first

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