Pew's Fiscal Federalism Initiative is currently exploring the impact of federal tax and spending changes on the states by investigating:
- The sensitivity of state budgets to changes in federal spending;
- The interconnectedness of federal and state tax policies;
- How federal regulatory policy has a fiscal impact on states; and
- The impact of federal tax and spending policies on state economies and the potential indirect effect on state finances.
Our original, non-partisan research gives both state and federal policy makers the information they need to make informed fiscal decisions.
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In recent years, policymakers have approved one- or two-year extensions of the sales tax deduction as part of a broad package of temporary tax laws known as the “tax extenders.” But as of now the deduction is expired and will not be available for people to claim on their 2015 tax returns unless Congress passes the tax extenders bill. Read More
All levels of government play a role in building and maintaining our nation’s roads, bridges, and transit through a partnership in which the financial contributions are substantial and deeply intertwined. Yet over the past 10 years, the Highway Trust Fund, which pays the vast majority of the federal contribution to our transportation infrastructure, hasn’t been able to keep pace with... Read More