The State and Local Tax Deduction and Fiscal Federalism

2020 ◽  
Author(s):  
Alex Zhang
Keyword(s):  
Fiscal Federalism ◽  
The State ◽  
State And Local ◽  
Tax Deduction

Trump appointees will undercut US federal programmes

2017 ◽  
Keyword(s):  
Federal Government ◽  
Government Spending ◽  
Executive Branch ◽  
Federal Agencies ◽  
The State ◽  
Federal Spending ◽  
Content Type ◽  
State And Local ◽  
Federal Taxes ◽  
Tax Deduction

Significance Some hard-right members of the Republican congressional caucus argue that allowing federal spending to lapse and threatening a government shutdown could force legislators to approve steep cuts to the federal bureaucracy. As congressional factions, leaders and President Donald Trump’s administration weigh in on government spending, debates about the appropriate scope of federal agencies and programmes are likely to feature prominently. Impacts Costly entitlement programmes are unlikely to be targeted for cuts owing to their popularity. Congressional allies of USAID will block Trump’s plan to consolidate it into the State Department. Empty executive branch-appointed positions will hinder the effective functioning of the federal government. The proposed abolition of the state and local tax deduction for federal taxes will place pressure on sub-national government programmes.

scholarly journals Fiscal Federalism in Nepal: Challenges and Opportunities

2019 ◽  
Vol 2 (1) ◽  
pp. 151-170
Author(s):  
R. K. Shah
Keyword(s):  
Natural Resources ◽  
Local Governments ◽  
Fiscal Federalism ◽  
Fiscal Decentralization ◽  
Resource Distribution ◽  
National Level ◽  
The State ◽  
Federal States ◽  
Challenges And Opportunities ◽  
State And Local

The Constitution of Nepal was formally promulgated and it declared the country as a Federal Democratic Republic on September 20, 2015 by the Second CA. Fiscal powers were shared among the federal government, the state governments and the local governments. The Constitution further defined the framework of fiscal federalism within the pattern of income and resource distribution. The primary objectives of this study is to review the modality presented in the new Constitution on the natural resources, economic rights and revenue allocation. The study finds that the fiscal decentralization initiatives have not been successful in minimizing the political, social, economic, regional and ethnic inequalities inherent for nearly 240 years of a unitary system of governance in Nepal. The study recommends that VAT, excise duties and income taxes have to be allocated at the federal, states and local levels in the ratio of 70 percent, 15 percent and 15 percent respectively by the Constitution. Intergovernmental transfer modality has included in the Constitution. Revenue sharing from hydropower has been a controversial issue in Nepal. National Natural Resources and Fiscal Commission (NNRFC) has been constituted at the central level to make national level development plans and to make recommendations for additional grants and loans for the state and local governments. The Constitution has further defined the framework of fiscal federalism within the pattern of income and resource distribution. The theoretical study indicates that there is various controversial and overlapping issues required clarity in process of implementation in the years to come.

scholarly journals ORGANIZATIONAL AND LEGAL DETERMINANTS OF FISCAL POLICY AT THE STATE AND LOCAL LEVELS

2021 ◽  
Author(s):  
Fedir Tkachyk
Keyword(s):  
Fiscal Policy ◽  
Organizational Support ◽  
Fiscal Federalism ◽  
Good Governance ◽  
Legal Aspects ◽  
The State ◽  
The European Union ◽  
Tax Autonomy ◽  
State And Local ◽  
Local Levels

The article focuses on the need to study the current state of theoretical and organizational support of fiscal policy. Factors influencing the effectiveness of fiscal policy at the state and local levels are outlined. It is established that the imperfection of fiscal policy creates barriers to the activation of investment and innovation activities in local communities and the state. The normative and legal aspects of harmonization of fiscal policy in the European Union are considered. There are two areas of unification of local taxes and fees in Ukraine: the implementation of the principles of good governance in the field of taxation, the harmonization of the structure of the tax system based on the concepts of direct and indirect taxation. In the article emphasis is placed on the priority of fiscal federalism or decentralization in Ukrainian realities. The essential determinants of the fiscal policy of the state and the region have been identified. The key objectives of regional fiscal policy should be to guarantee financial independence and ensure the ability of the administrative unit's economy to develop itself. The tax potential of local budgets in Ukraine is analyzed. As a result, a low level of budgetary and tax autonomy of territorial communities has been established. In this regard, it is important to focus efforts on combating the spread and minimizing the effects of coronavirus disease (COVID-19) for individuals of fiscal policy. The need to increase the financial capacity of the amalgamated territorial communities has been identified. Guidelines for improving the organizational and legal support of fiscal policy in terms of intensification of Ukraine's European integration aspirations are proposed. It is argued that fiscal policy in Ukraine should be a catalyst for the development of priority sectors of the economy, innovation processes, investment activities in the regions, energy saving and environmentally friendly technologies, educational and scientific processes, digitalization of management at the state and local levels in the administration of taxes, fees, payments.

Is This the Care We Need?: An Examination of Childcare Policy in Pennsylvania

Commonwealth ◽  
2017 ◽  
Vol 19 (2) ◽  
Author(s):  
Jennie Sweet-Cushman ◽  
Ashley Harden
Keyword(s):  
United States ◽  
Child Care ◽  
Current System ◽  
The United States ◽  
The State ◽  
Federal State ◽  
Women And Politics ◽  
Richard Nixon ◽  
State And Local ◽  
Childcare Policy

For many families across Pennsylvania, child care is an ever-present concern. Since the 1970s, when Richard Nixon vetoed a national childcare program, child care has received little time in the policy spotlight. Instead, funding for child care in the United States now comes from a mixture of federal, state, and local programs that do not help all families. This article explores childcare options available to families in the state of Pennsylvania and highlights gaps in the current system. Specifically, we examine the state of child care available to families in the Commonwealth in terms of quality, accessibility, flexibility, and affordability. We also incorporate survey data from a nonrepresentative sample of registered Pennsylvania voters conducted by the Pennsylvania Center for Women and Politics. As these results support the need for improvements in the current childcare system, we discuss recommendations for the future.

Effectiveness of Tax Policy of Ukraine: Evidence and Economy Implications

2020 ◽  
pp. 124-131
Author(s):  
Olena P. Slavkova ◽  
Oksana I Zhilinska ◽  
Maksym Palienko
Keyword(s):  
Economic Development ◽  
Tax Evasion ◽  
Tax Policy ◽  
The State ◽  
State Budget ◽  
Advantages And Disadvantages ◽  
State Tax ◽  
State And Local ◽  
Tax Payments

The article deals with the peculiarities of the formation and implementation of tax policy in the country. The analysis of change of tax receipts to the state and local budgets is carried out. The role of tax payments in the economic development of the country is determined. The efficiency of the state tax policy in Ukraine is analyzed, its advantages and disadvantages are determined. The important role of tax payments in stimulating economic and social development is substantiated. The analysis of the elasticity of change of indicators of economic development of the country from the change of volume of tax receipts to the budget is carried out. The necessity of improving the existing policy of establishing, accrual, payment, and distribution of tax revenues as one of the most promising areas to stimulate economic growth is concluded. Keywords: tax policy, revenues, tax evasion, state budget, elasticity, economic development

Sign in / Sign up

Export Citation Format

Share Document