NYC Mayor Rescinds Space-sharing Agreement for Three Charter Schools

Newly-elected New York City Mayor Bill de Blasio announced last week that space-sharing agreements for three New York City charter schools have been rescinded. This decision marks an abrupt change from de Blasio’s charter-friendly predecessor, Michael Bloomberg, who helped create a supportive environment for publicly funded charter schools and was … »

Pension Expert: Local Pennsylvania Downgrades Lurk

With new accounting rules looming, states and municipalities are beginning to realize that their unfunded pension liabilities are much more severe than they had previously estimated. Defined-benefit pension plans, the standard for government employees, have wreaked havoc on state and local budgets for years. Unrealistic assumptions about the rate of … »

Tennessee Considers Eliminating Hall Tax

Tennessee policymakers are considering the repeal or “localization” of the Hall Tax, a tax on investment income (interest, dividends, and capital gains). The legislature is correct to consider this a pro-growth tax reform proposal. The Hall Tax, like all taxes on investment income, takes in little revenue while creating huge … »

Attacking Consumer Choices through the Tax Code

Last week, a bill was introduced but never heard in the Washington State Senate that considered a proposal to tax electronic cigarettes at 95 percent of their cost; the same as other tobacco or tobacco substitute products. A similar proposal is currently working its way through the Washington House as … »