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A look at the economic impact of the 2017 tax cuts

Feb 5, 2025
The Trump administration said the tax cuts would pay for themselves, but according to a study “that's just not true at all."
Donald Trump signing into law the Tax Cut and Reform Bill, a $1.5 trillion tax overhaul package, in December 2017.
Jabin Botsford/The Washington Post via Getty Images

What's behind America's sports betting boom

Forty percent of Americans now say they bet on sports.
Technology has aided sports betting's recent growth, said The Economist's Alice Fulwood.
Aaron M. Sprecher/Getty Images

Vacant office buildings create a tax revenue problem for cities

Feb 16, 2024
Take Boston. Over the next five years, that city could face a tax revenue shortfall to the tune of $1.2 to $1.5 billion, according to a new study from the Boston Policy Institute.
Over the next five years, Boston could face a tax revenue shortfall of up to $1.5 billion.
Billie Weiss/Boston Red Sox/Getty Images

Why are some states experiencing a tax revenue surplus?

Jun 7, 2021
More than half of U.S. states took in as much or more in tax revenue between March 2020 and February 2021 than they did the year before.
In some states — including Utah, Idaho and Colorado — tax revenue went up at least 8%.
George Frey/AFP via Getty Images

How smokers have boosted state tax revenue during the pandemic

Mar 16, 2021
Some states got an unexpected bump from tobacco taxes. The number of people smoking has declined steadily, except in 2020.
A fair amount of money gained from "sin taxes" on products like tobacco helps fund antismoking campaigns.
China Photos/Getty Images

State and local governments pinched as pandemic hits tax revenue

Apr 30, 2020
Many will be forced to tap rainy-day funds or turn to the bond market to make ends meet.
Union Station in Los Angeles. States and municipalities may turn to the bond market to support transportation systems and other facilities.
Mario Tama/Getty Images

Garbage won't pile up during this government shutdown

Jan 19, 2018
A few lessons were learned in Washington, D.C., from the 2013 closure.
Mark Wilson/Getty Images

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