Tax Foundation

1. State Rainy Day Funds and the COVID-19 Crisis

   State revenue stabilization funds, often called rainy day funds, are better funded now than they were at the start of the Great Recession and can be a valuable tool as states face a sharp pandemic-linked economic contraction.

2. A Good Excise Tax

   On March 19, Secretary of the Interior David Bernhardt announced that the U.S. Fish and Wildlife Service will distribute almost $1 billion to state and territorial fish and wildlife agencies to fund conservation and recreation projects. These funds have been raised through a rather well-designed excise tax levied on firearms as well as hunting and […]

3. April 2nd Evening State Tax Update

   California extends tax filing and payment deadline to July 31 for a broad spectrum of business taxes as Virginia keeps May 1st tax filing deadline.

4. Tracking State Legislative Responses to COVID-19

   Many states are racing to pass budgets, emergency COVID-19 supplemental appropriations, and other must-pass legislation as quickly as possible. We're tracking the latest state legislative responses to the coronavirus crisis.

5. FAQ on Federal Coronavirus Relief Bill (CARES Act)

   Congress recently passed the largest economic relief bill in American history (CARES Act). We've created a FAQ portal to better inform policymakers, journalists, and taxpayers across the country on the new law.