Whatever Source Derived

California Should Change the Definition of “Capital Outlay” in Order to Create More Room Under the State Appropriations Limit.

(The Legislature Can Do So By Majority Vote.)

(Critical) Observations on the Ohio District Court Decision Enjoining the Rule Limiting the Use of ARPA Relief Funds Provided to States

The decision goes to great lengths to reach an implausible result and does not seem fully aware of…

GILTI and California: Show Me the Money Edition

Back of the envelope calculations indicate significant…

Should States Have to Make a “Co-Pay” on Federal Relief?

Most of us these days are worried about the pandemic. If that weren’t enough fun, there’s also economic collapse, especially when — and the tip of the canoe is already edging out over the waterfall — states reach an imminent fiscal…

Universities (and other big employers) are Cutting Retirement Benefits. Tax Lawyers are Having Fits. What’s Going On?

This week brought a new round of announcements from universities, even very wealthy ones, that they would be cutting faculty and…

States Should Borrow Rather than Make Brutal Cuts During a Recession and Pandemic

By Darien Shanske and David Gamage

In a world in which the level of government best suited to act (the federal government) is dysfunctional, subnational governments need to take extraordinary measures. Lest anything…

Reforming State Corporate Income Taxes Can Yield the States Billions