MD Assembly Plans to Override Ad Tax Veto

The Maryland General Assembly is reportedly working to override Gov. Larry Hogan’s veto this past summer of a controversial proposal to tax digital advertising revenues. To help pay for a plan to revamp Maryland public schools, Democratic state legislators came up with the proposal at the beginning of the year to levy as much as… Read more »

States See Tax Revenue Drop by $31 Billion

The COVID-19 pandemic has cost state governments an estimated $31 billion in lost tax revenues to date, and those numbers could get worse without agreement on a new federal stimulus package, according to an analysis from Urban Institute. The report from Urban Institute is based on an analysis of state tax revenues collected during the… Read more »