After two consecutive years of widespread tax revenue declines, states had fewer resources to work with at the start of 2025 than in recent years, which limited their capacity to fund tax cuts, expand ...
Sports betting has allowed states to bring in an extra $9 billion in tax revenue since the U.S. Supreme Court ruled in 2018 that states could legalize the practice. To date, sports betting is legal in ...
Tax capacity is fundamental to state-building and sustainable development. Achieving a tax-to-GDP ratio of at least 15 percent—endorsed by the UN’s Compromiso de Sevilla—is critical for institutional ...
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