Richard C. Auxier

Oct 28, 2024 | inkl.com | Robert McClelland |Richard C. Auxier

Cargo containers waiting for import or export. Former President Donald Trump’s plan to raise tariffs won’t come cheap and according to a new bipartisan study, will hit some states harder than others. The Republican presidential nominee has pledged to impose a tariff as high as 20% on all foreign imports and an additional punitive 60% tax on imports from China. Trump has also floated the idea of eliminating all income taxes in favor of tariffs.

Oct 16, 2024 | boston.com | Richard C. Auxier

Real Estate Residents are enduring surging prices that nudge homeownership farther from reach and the nation's highest child care costs. In Joan Didion's 1967 essay "Goodbye to All That," she writes of knowing the time to leave New York City came when "at some point the golden rhythm was broken."While it might be blasphemous for Bostonians to be compared to New Yorkers, there's some similarity in that sentiment for why people are packing up and leaving Massachusetts.

Sep 6, 2024 | taxpolicycenter.org | Margot Crandall-Hollick |Nikhita Airi |Richard C. Auxier |Robert McClelland

The American Rescue Plan Act of 2021 (ARP) temporarily expanded the so-called “childless” EITC, or the earned income tax credit for workers without children at home. The maximum credit for these workers nearly tripled to just over $1,500, and, for the first time, many workers between the ages of 19 and 24 and 65 and older became eligible.

Sep 6, 2024 | urban.org | Margot Crandall-Hollick |Nikhita Airi |Richard C. Auxier

The American Rescue Plan Act of 2021 (ARP) temporarily expanded the so-called “childless” EITC, or the earned income tax credit for workers without children at home. The maximum credit for these workers nearly tripled to just over $1,500, and, for the first time, many workers between the ages of 19 and 24 and 65 and older became eligible.

Sep 4, 2024 | brookings.edu | Richard C. Auxier

Economic conditions and crises, like the COVID-19 pandemic, can pose fiscal challenges to states. Accordingly, it is critical to understand when and how states and localities can raise revenue through taxation. How do institutional barriers, partisanship, and the state of the economy impact the chances of a state successfully raising tax revenue? Does linking tax increases to popular spending have political benefits? Do progressive tax bills fare better or worse than broad-based tax increases?