Tracking Alcohol: Economics of Excise Taxes
[Slides]Tracking Alcohol: Economics of Excise Taxes – Peter Evangelakis, REMI
[Recording]Tracking Alcohol: Economics of Excise Taxes – Peter Evangelakis, REMI
New York State lawmakers are weighing new regulations related to the supply of liquor and wine sold in the state – with the goal of better tracking distribution and cutting down on excise tax avoidance.
Please join REMI Senior Economist Peter Evangelakis, Ph.D. for his webinar on Wednesday, May 29th from 2 to 3 p.m. (ET) when he will present “Tracking Alcohol: Economics of Excise Taxes” – a look at the revenue and economic impacts from improved excise tax collection.
Proposed legislation would mandate that all wine and liquor sold in New York State come from a primary American source of supply – the original manufacturer or the next closest source in the supply chain, such as another manufacturer or bottler or the authorized exclusive agent. The changes would help the state trace alcohol back to a wholesaler that would pay excise taxes, while also preventing bootlegging.
For this webinar, Dr. Evangelakis will review the current challenges, the proposed changes, and the economic implications. REMI evaluated the potential increase in combined New York State and New York City alcohol excise tax revenue, along with the related effects on employment, income, and Gross State Product. He will explore these findings and describe the economic modeling methodologies behind the analysis.
Cutting State Taxes: Dynamic Fiscal Analysis in Arkansas
[Slides]Cutting State Taxes: Dynamic Fiscal Analysis in Arkansas – Peter Evangelakis, REMI
[Recording]Cutting State Taxes: Dynamic Fiscal Analysis in Arkansas – Peter Evangelakis, REMI
Taxes may be inevitable, but how they are applied to businesses and individuals can always be adjusted at the local, state, and national levels.
Please feel free to join Senior Economist Peter Evangelakis, Ph.D. for a REMI webinar presentation, “Cutting State Taxes: Dynamic Fiscal Analysis in Arkansas,” on Wednesday, July 24th from 2 to 3 p.m. (ET) that provides an overview of dynamic fiscal notes and how they can be used to analyze changes in tax policy.
REMI worked with the Arkansas Bureau of Legislative Research to produce fiscal notes for the state’s various personal and corporate income tax proposals. The analysis was conducted in order to help identify the most beneficial option for the citizens and businesses of Arkansas, while also understanding the full impact on the state’s coffers.
This analysis used REMI’s Tax-PI model to assess the economic, demographic, and fiscal impacts associated with altering tax collection strategies in the Natural State. These kinds of assessments could benefit states looking to revise their current tax structures in the hopes of addressing problem areas and locating new opportunities for growth.
Dr. Evangelakis’s discussion also includes an explanation of the REMI model and the methodologies implemented in this collaborative examination of economic outcomes and potential revenue approaches.