The proposal includes some good reforms, including improving business expensing, but also rolls back some recent positive changes.

To understand why Trump's steel and aluminum tariffs will produce more harm than good, look to the 2002 steel tariffs enacted by the Bush administration.

New Jersey already has the worst business tax climate, yet lawmakers are considering making the state's corporate income tax rate the highest in the U.S.

ICYMI: #Indiana is projecting $129 million in new revenue in FY2019 due to federal #TaxReform.

Estimates are now in for 19 states and DC. Only OR & MT project decreases due to the pass-through carveout. http://bit.ly/2oxkKS2 Scott Drenkard

Americans consume about 3.5 times more than they invest. Erica (Wilt) York discusses what role the #tax code plays and how we can reduce the bias against savings. http://bit.ly/2EGdCd7

Here's how the #tax code impacts incentives to marry and work: http://bit.ly/2Cal6HC Amir El-Sibaie

#Iowa Gov. Kim Reynolds has made #TaxReform a centerpiece of her agenda. Jared Walczak explains her plan to cut rates and repeal federal deductibility.

Today at 12 noon we'll kick off a discussion on the spread of excise taxes and their budgetary impact. Panelists include:

- Reid Wilson, The Hill
- Todd Nesbit, Ball State
- Richard C. Auxier, Tax Policy Center

Scott Drenkard will moderate.

http://bit.ly/2Gf27cW #TalkingTax

Retail sales taxes are one of the most transparent tax types. Consumers can see their tax burden printed directly on their receipts.

What's important to remember though is that consumers also face local sales taxes in 38 states. Local sales tax rates can even exceed state rates.

The five states with the highest average combined state and local sales tax rates are:

- Louisiana: 10.02%
- Tennessee: 9.46%
- Arkansas: 9.41%
- Washington: 9.18%
- Alabama: 9.10%

See how your state compares here: http://bit.ly/2EnWB77

States should consider using the revenue gained by the new federal tax law to adopt full expensing, one of its most pro-growth elements. http://bit.ly/2EfjdXn