Proposal to Replace School Property Taxes

The Pennsylvania Independent Fiscal Office (IFO) utilized the REMI model to evaluate a proposal to eliminate school district property taxes and replace the revenue with increases in income and sales taxes. Under this proposal, personal income tax would rise from 3.07% to 4.95%, sales tax would increase from 6% to 8% on the current tax base, and a new 2% sales tax would be applied to clothing, candy, and gum. The study forecasted the economic and fiscal impacts over a ten-year window.

The REMI dynamic model estimated the macroeconomic implications of the tax change. The analysis indicated negative employment, population, and labor force impacts. This is attributed to the fact that the higher income and sales taxes would have a greater effect on economic incentives to live and spend in Pennsylvania than the lower property taxes. The results further showed the year-by-year effects on personal income and sales taxes, with the negative economic impacts shrinking their respective tax bases and thereby somewhat dampening their static revenue gains.

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Nevada County Population Projections 2025 to 2044

Every year, the Nevada State Demographer at the Nevada Department of Taxation uses the REMI model to forecast 20-year population projections for Nevada and its counties. For the 2025 version of this report, the Nevada State Demographer forecasted growth rates below 1% for the next two decades and a gradual increase in population in Carson City. The report also anticipates changes in population demographics, including age, sex, race, and ethnicity. Investment projects will increase employment across various sectors, such as motor vehicles and parts, food manufacturing, and wholesale trade. 

To guide these developments, Carson City has proposed a master plan to set land-use and development priorities. Strong community planning efforts focused on gradual growth indicate that Carson City will be well-positioned to meet future needs and opportunities. 

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New York’s Nuclear Fleet Economic Impact Report

Carbon Free New York commissioned The Brattle Group to conduct an impact report focused on New York’s nuclear power fleets. The nuclear power centers included in this study are the R.E. Ginna Clean Energy Center, Nine Mile Point Clean Energy Center Units 1 and 2, and James A. FitzPatrick Elan Energy Center. The Zero-Emission Credit program, which serves as a financial incentive to generate electricity without greenhouse gas emissions, is set to expire in 2029. New York’s nuclear power fleet powers the state’s economy, supports jobs, and delivers carbon-free and affordable energy. This impact report makes the case for continued support of these facilities.  

A REMI E3+ macroeconomic model was utilized to complete this case study. The analysis compared a base case where all NY nuclear units operate through 2050, to a comparative case, where Ginna, Nine Mile Point 1, and FitzPatrick retire in 2029, and Nine Mile Point 2 retires in 2032. REMI was used to evaluate changes in tax revenue, employment, and CO2 emissions if New York continued to operate the nuclear units. 

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Kansas Advanced Air Mobility Strategy

Multiple organizations in Kansas, as well as MITRE Corporation, all collaborated to conduct the 2025 Kansas AAM (Advanced Air Mobility) economic impact study. AAM is an emerging technology that advances the aerospace sector to reduce congestion, enhance accessibility, and provide more efficient transportation. They have the potential to drive economic development, increase regional connectivity, modernize transportation, and improve safety. This technology will be applicable to a wide range of industries across Kansas and will have profound economic impacts on the region.

The study used a REMI PI+ model for macroeconomic analysis and regional forecasting. REMI was utilized to project the effects of this transformative technology on GDP, personal income, and employment in Kansas.

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Economic Impacts of Medicaid Cuts & Expansion in Wyoming

Natrona Collective Health Trust and partners commissioned REMI to analyze the state-level and regional economic impacts of both worst-case Medicaid cuts and Medicaid expansion scenarios in Wyoming during the 2026-2030 study period. REMI used PI+ as a basis for this analysis.  

REMI forecasted that Medicaid cuts could hurt the Wyoming economy by lowering employment growth by an average of 192 jobs, slowing GDP growth by $27.8 million per year, and decreasing disposable personal income growth by $14.6 million annually.  

REMI’s analysis showed that Medicaid expansion in Wyoming would have economic benefits of a higher magnitude. The report finds that employment would increase by 440 jobs per year on average, GDP would be $60.9 million higher on average each year, and disposable personal income would increase by $41.5 million annually. 

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