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Journal Article
States may face higher spending in give-and-take of Medicare/Medicaid changes
Despite a markedly improved outlook for state finances, New Englands states still face significant fiscal pressures moving forward into the current and next fiscal years. Prominent among these challenges are two changes to the Medicaid and Medicare programs that could significantly increase state health care costs.
Journal Article
Do New England state and local governments have too many employees, and are they overpaid?
Americans tend to be ambivalent about their state and local governments. On the one hand, they desire and receive a host of public services from state and local governments, including education, police and fire protection, and the maintenance of roadways. Voters are often disenchanted by efforts to curtail these services or by a deterioration in their quality. On the other hand, many Americans think that their state and local taxes, especially local property taxes, are too high, and many citizens believe that their state and local tax dollars could be used more efficiently. Calls for ...
Journal Article
Should Internet sales transactions be taxed?
Over the past three years, electronic commerce has grown explosively at rates of 200 to 300 percent per year. After spending just $2.4 billion over the Internet in 1997, consumers transacted about $25 billion in Internet sales in 1999, according to an estimate by Ernst & Young. The firm predicts that the value of on-line transactions will double to $50 billion in the current year. By 2004, says Forrester Research, Internet sales to consumers will reach $184 billion, an annualized growth rate of 49 percent over the five-year period from 2000 to 2004.
Journal Article
State gambling revenues: are legislators becoming addicted?
Journal Article
The rising cost of operating state prisons
Journal Article
Are excise tax revenues a quick fix?
Journal Article
New TANF block grants: more funds now, but enough in hard times?
Journal Article
Preparing for the storm: rainy day funds in New England
Rainy day funds have played an important role in alleviating the current state fiscal crisis. This article examines the benefits of these funds, the various ways in which they can be structured, and the differences in the structure and use of these funds in New England.