Ted Egan – Taxing Big Business to Pay for Homeless Services in San Francisco
San Francisco voters approved a ballot measure in November to fund homelessness services by taxing the city’s largest businesses, though the plan still faces legal challenges.
REMI cordially invites you to our guest webinar presentation on Wednesday, January 9th from 2 to 3 p.m. EST by Ted Egan, Chief Economist for the City and County of San Francisco, who will provide an analysis of the plan’s potential economic impact.
The measure would impose a new gross receipts tax and dedicate the revenue to services such as housing, mental health services, shelters, and rental assistance. The Controller’s Office has estimated that between 300 and 400 local businesses would be affected by the tax. The projected $250 to $300 million in revenue from the new tax would thus represent a 28-33 percent increase in overall business tax revenues.
For this presentation, Mr. Egan will discuss the legislation’s estimated effects on employment and economic output in San Francisco. He will also review the methodologies behind the economic impact analysis.
Rod Motamedi – The Massachusetts Experience with Commercial Gaming Seven Years from Legalization
In November 2011, Massachusetts passed the Expanded Gaming Act allowing for up to three destination resort casinos and one slot parlor. Since that time, two casinos have opened, and the third one is on the way.
REMI cordially invites you to a guest webinar presentation on Wednesday, December 12th from 2 to 3 p.m. EST by Rod Motamedi, Research Manager at the UMass Donahue Institute, who will review the Commonwealth’s experience with casino gambling to date.
When state lawmakers legalized casino gambling, they also mandated a research agenda to evaluate the social and economic impacts of this change to the gambling and entertainment landscape of Massachusetts. For this presentation, Mr. Motamedi will review the results of the research so far and discuss where the research is headed in the future.
GM Plant Shutdowns: Fiscal and Economic Aftermath
[Slides]GM Plant Shutdowns: Fiscal and Economic Aftermath – Harry Walsh, REMI
[Recording]GM Plant Shutdowns: Fiscal and Economic Aftermath – Harry Walsh, REMI
General Motors’ plan to shut down production at five North American facilities is painful news to the communities directly affected by the decision. Furthermore, any major round of layoffs or plant closures such as these can result in economic and fiscal consequences for the impacted states.
As part of a broad restructuring, the auto manufacturer announced it will idle facilities located in Michigan, Ohio, Maryland, and Ontario, Canada while reducing its total workforce by 15 percent.
REMI cordially invites you to a special webinar presentation on Tuesday, December 18th from 2 to 3 p.m. EST, when Senior Economist Peter Evangelakis, Ph.D. will discuss how to assess the repercussions. This webinar demonstrates how fiscal and economic analysis can help policy makers plan ahead in the aftermath of major shocks.
For his presentation, Dr. Evangelakis will focus on the case of Michigan, which is home to two of the five facilities slated for shutdown. He will evaluate the broader impacts to the state’s employment and output, as well as estimate the implications for state tax revenue using REMI’s Tax-PI fiscal modeling software.