States Could See a Revenue Windfall from the GOP Tax Bill

As state and local governments scramble to understand the full implications of the Republican tax bill signed into law last month, analysts are finding that many states could end up collecting more tax revenues this year.The reason is that most state tax systems conform at least in part to the federal system (the Tax Foundation has a rundown on individual state conformity here).The recent tax overhaul broadened the fiscal base, primarily by eliminating deductions, so that more income was exposed