Duane Morris Government Strategies

A Full-Service Lobbying Firm, with a National Network of Professionals, Navigating Clients through the Legislative Process, in Every State Capital

Tag Archive for ‘taxes’

States Considering a Millionaires’ Tax

by: Ryan J. Stevens and John C. Zang New Jersey recently joined California, New York, and Washington, D.C., in implementing “millionaires’ taxes.”  “Millionaires’ Tax” is a general term used to describe tax provisions specifically designed to collect revenue from households earning greater than $1,000,000 in taxable income each year.  Proponents view increased marginal tax rates upon the highest income levels as a critical way to fund essential services, such as […]

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Legalizing Recreational Marijuana to Fill States’ Budget Deficits

by: Ryan J. Stevens As COVID-19 continues to wreak havoc on states and their economies, lawmakers are contemplating how to handle decreasing state revenue and budget deficits.  DMGS previously covered budget deficits caused by COVID-19 in numerous states. Now that more time has passed and more states have passed their respective budgets, some have called for legalizing recreational marijuana to fill their state’s budget deficit.  How much revenue could states […]

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