Tax Trigger Happy: Design Hits and Misses in Georgia, South Carolina, and West Virginia

A well-designed tax trigger can be a highly valuable tool for lawmakers seeking both tax reform and revenue stability. States should embrace established baselines adjusted for inflation, use collections instead of projections as benchmarks, and prioritize contributions to their rainy day funds.

This article is sourced from Janelle Fritts. Click below to read the complete article on their official website.