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Localities Try Vacant Land Taxes, Mansion Taxes and Second Home Taxes, while States Stick to Same-old Tax-cut Strategies
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ITEP
Local income taxes can inject much-needed progressivity into otherwise upside-down local tax codes.
Voters in St. Louis and Kansas City, Missouri strongly supported keeping their cities’ local income taxes despite continued attacks on the state’s personal income tax.
Montgomery County, Maryland created a marginal income tax structure for the county income tax, while maintaining the county earned income tax.
Continued Property Tax CutsDespite evidence old and new that widespread, untargeted property tax cuts undermine local budgets and have little effect on housing affordability, an unrelenting push for property tax cuts continues.
Leaders in Warren County, Ohio have also eliminated their property tax millage for property owners, opting for a local sales tax instead.