SALT Substitute: States Respond to New Tax Law
[Recording]SALT Substitute: States Respond to New Tax Law – Peter Evangelakis, REMI
[Slides]SALT Substitute: States Respond to New Tax Law – Peter Evangelakis, REMI
Now that President Trump has signed the sweeping tax overhaul into law, state policy makers have to decide on a response. In particular, lawmakers in high-tax states will try to shield their residents, who face the brunt of changes to the state and local tax deduction.
Peter Evangelakis, Ph.D., a REMI economist, invites you to join him for a webinar on Tuesday, February 6th or Thursday, February 8th from 2 to 3 p.m. EST when he will explore options for states in light of the Tax Cuts and Jobs Act and the potential consequences of the resulting changes to state tax policy.
For this webinar, he will review the ways the new SALT provisions affect certain states, and the possible adjustments those states will make. For example, states may consider shifting from a state income tax to an employer-side payroll tax that would still be deductible under the new law. He will demonstrate how states can estimate economic effects as they revise their tax code in response to the federal law.
Richard Weisskoff – Saving a National Treasure: Analysis of Everglades Restoration
Everglades National Park preserves the largest subtropical wilderness in the United States. Saving this national treasure yields both environmental and economic benefits – and only thorough analysis can fully capture the value.
Richard Weisskoff, Ph.D. started evaluating the potential economic impact of the federal government’s initial $3.5 billion plan to restore the Everglades on South Florida in 1997. Years later, Dr. Weisskoff, who is currently a Professor and Chair of the University of Miami’s Department of International Studies, assessed the success of forecasting impacts through economic modeling. His work provides insight into how policy makers can evaluate other major restoration projects.
We cordially invite you to a guest webinar presentation by Dr. Weisskoff on Wednesday, January 31st from 2 to 3 p.m. EST on his 2017 paper, “Never Look Back: A Twenty-Year Perspective on Everglades Restoration.” For this webinar, he will review long-term forecasts completed in the early 2000s with the help of REMI modeling software. Dr. Weisskoff will describe his methodology and then compare water usage and population forecasts with actual records.
