Tax

Sen. Jon Tester, D-Mont., and co-sponsors of a recently offered bill want to prevent businesses in their states from being forced to collect sales taxes from e-commerce transactions.

State workarounds for the new $10,000 cap on the deduction for state and local taxes may present new legal issues for the service, nominee Charles Rettig says.

Google, the city's largest employer, would pay around $3.3 million under the plan

Eric Papenfuse called for a hiring freeze and renewed scrutiny for all non-essential spending after the state budget did not give him the taxing flexibility he seeks.

Muni analysts doubt that either major-party candidate for governor has the solutions to Illinois' many fiscal problems.

With the need for Congressional action lessened, governors and state legislatures can focus on fine tuning their own laws, officials said.

Thursday's 5-4 ruling involves a 2016 law enacted by South Dakota requiring out-of-state e-commerce retailers to collect sales tax if they have more than 200 transactions annually or $100,000 in sales within the state.

The sales tax increase will bring in an extra $30 million to cover a projected $28 million budget shortfall.

U.S. Conference of Mayors President Stephen Benjamin talks about the ways to get Congress to bring back advance refundings for municipal bond issuers. The mayor of Columbia, S.C., also discusses a Smart Cities agenda that’s focused on growing cities through improved infrastructure. John Hallacy is host.

Only nine states reported making midyear budget cuts totaling $830 million this year compared to 22 states that cut $3.5 billion in 2017.