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Many states base their own tax receipts on federal corporate tax rates.
In the meantime, extending states' base sales tax rates to Internet sales would be a useful step.
Because many states base some of their tax rates on the federal government's tax code, a tax cut passed by Congress can ultimately leave states with less revenue.
While encouraging states to fulfill their part of the bargain, Congress should adopt an intermediate solution: require Internet companies, mail-order houses and the like to collect taxes at states' base sales tax rates.
About 75% of states base personal income taxes on federal adjusted gross income.
Most states base their levies on the federal AMT and then add their own quirky modifications.
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That study ranked Delaware last among states based upon 16 health factors and related behavior.
In a ranking of states based on overall health, New Jersey declined sharply in the past year, slipping from 14th to 21st.
Under the terms of the agreement, New York State will receive $48 million and $50 million will go to the other states, based on population.
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