state revenue

Equalization and the Incentives for Growth: An Empirical Investigation
of the "Tax-Back" Effect

Using vector error correction models of the economies of the six equalization-receiving provinces that received equalization payments without interruption during the 1961-1998 period, as well as a generalized impulse response analysis, the paper explores the dynamics of the interactions between flows of equalization payments and other key variable in the economies of recipient provinces.

Leveling the E-Commerce Playing Field

In response to the tax debate over online merchandising, the Progressive Policy Institute report contends that Congress should grant states the right to require remote sellers to collect and remit sales taxes, if states eliminate all discriminatory rules and laws designed to protect in-state bricks-and-mortar companies from e-commerce competitors.

Taxes and Entrepreneurial Activity: Theory and Evidence for the U.S

The working paper by the National Bureau of Economic Research concludes that lowering personal tax rates in most cases appears to discourage entrepreneurial activity. The study finds that a reduction of 5 percent in the corporate tax rate correlates with a doubling of entrepreneurial activity. On the other hand, if personal income tax rates were reduced across the board by 5 percent, a 30 percent decrease in entrepreneurial activity follows.

Outlook for State Tax Revenues

The study begins with an assessment of the national economy and its prospects under different assumptions that will influence the outlook. Regional economic conditions and prospects are then considered and the report concludes with an examination of the outlook for state tax revenues.

Competitive Edge: Rethinking Rhode Island Tax Policy for Success in the New Economy

The report from the Rhode Island Tax Policy for Success recommends eliminating all state taxes on long-term capital gains and providing incentives to encourage biotech start-ups and investment. The report identifies four specific recommendations for the state to consider to encourage high-wage.

Sales Taxes: Electronic Commerce Growth Presents Challenges; Revenue Losses are Uncertain

The General Accounting Office (GAO) report forecasts revenue losses for state and local governments ranging between one and eight percent by as soon as 2003. Internet sales will account for an increasing share of remote sales and may account for as much as 60 percent of the lost revenues in the GAOs most dire scenario of the report.