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State Tax Reform Outlook

Published Wednesday, December 18, 2013

Pew reports that 2014 may bring revamped tax systems in a number of states. Governors in Kentucky, Nebraska, New York and Oregon have said recently they intend to make significant changes to their state tax codes to make them fairer and to provide a more reliable source of long-term revenue to pay for services and programs. The number could grow as other governors prepare their budget proposals for the coming fiscal year. Voters also will have the opportunity to weigh in on taxes in 2014. In August, Alaska voters will consider a ballot measure repealing legislation approved earlier this year giving tax cuts to the oil and gas industry. In November, Nevada voters will be asked to change the constitution to allow lawmakers to remove a cap on mining industry taxes. Full story.

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