The Senate Finance Committee holds a hearing today on Tax Reform: What It Means for State and Local Tax and Fiscal Policy:
- Walter Hellerstein (University of Georgia School of Law)
- Joseph Henchman (Tax Foundation)
- Kim Rueben (Urban-Brookings Tax Policy Center)
- Frank Sammartino (Congressional Budget Office)
- Sanford Zinman (Zinman Accounting, White Plains, NY)
In connection with the hearing, the Joint Committee on Taxation has released Present Law and Background Information Related to State and Local Government Finance (JCX-36-12):
This document … summarizes tax-exempt and tax-credit bond provisions, the provisions allowing a deduction for certain State and local taxes, and provides select background data relating to State and local bonds and revenues.
