The elimination of the New York Personal Income tax for pass-through manufacturers would increase private sector jobs by 4,660 in the first full-year and by 5,850 in 2023. It would cause investment to rise by $118 million in 2019 and by $147 million in 2023. The increase in employment and investment would boost real disposable income by $345 million in 2019 and $503 million in 2023. NY-REPORT-PIT-2018
The passing of the federal Tax Cuts and Jobs Act in December 2017 made it necessary to bring the Iowa tax code into conformity with the new federal code. With SF 2417, the Iowa legislature used the new federal law as an opportunity to simplify the state tax code and to cut the state’s marginal income tax rates. The Beacon Hill Institute for Public Policy Research (BHI) estimated the…
Full study here.
Full Study here.
BOSTON, MA –Project Labor Agreements (PLAs), which effectively limit public projects to union contractors, have increased construction costs when applied to school building projects in Ohio, according to a new study released today by the Beacon Hill Institute (BHI). There are two costs to consider in assessing the effects of PLAs – the actual construction costs and the winning bids. BHI found that PLAs increase actual construction costs by…
BHI in the News
The wage rates under the federal Davis-Bacon Act do…
https://beaconhill.org/BHIStudies/2022/2022-0425StudyonEarmarkingMassachusettsStateIncomeTaxRevenues.pdf
