Tax Reform
Please review the attached link to the article titled “Tax Reform Moves to the States: State Revenue Implications and Reform Opportunities Following Federal Tax Reform” using this link: https://taxfoundation.org/state-conformity-federal-tax-reform/#4 Once you’ve gained an understanding of the relationship between the “new” federal tax law and the states that must now adapt, provide a two page (double spaced) response to this question, “how will the changes to the federal income tax structure impact your home state and What are the potential impacts to you and your family?” As you read through the article, think about our discussions regarding “Taxation Criteria for Evaluating revenue Options” listed in Chapter 7 as well as our discussions in the last several weeks. Reply Forward