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February 4, 2009
Joseph Henchman of the Tax Foundation: State Budget Shortfalls Present Opportunities for Tax Reform
Many states are going through budget shortfalls this year due to the economic downturn. Different states have reacted in a variety of ways to balance their budgets, including lobbying for federal bailouts, proposing tax increases, and calling for hiring freezes. In this edition of the Tax Policy Podcast, Tax Foundation Tax Counsel and Director of State Projects Joseph Henchman discusses the opportunity for tax reform in many states amidst these fiscal crises. Henchman also makes recommendations to state and local government officials on how to face these difficult budget situations.
Don't forget to visit the Tax Foundation's Center for State Fiscal Policy for the latest research and data on state and local taxes.
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The Tax Policy Podcast is the official podcast of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback via email: podcast@taxfoundation.org.
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Disclaimer: All views expressed in the Tax Foundation's Tax Policy Podcast are those of the individual guests, and do not necessarily represent the views of the Tax Foundation, its Board of Directors, or its financial contributors. The Tax Foundation makes no representation concerning the views expressed, and does not guarantee the source, originality, accuracy, completeness or reliability of any statement, information, data, finding, interpretation, advice, opinion, or view presented.
