FAIR Committee Considers Implications of Tax Reform for Cities
Rosenfeld, Ken, Nation's Cities Weekly
The Finance, Administration and Intergovernmental Relations (FAIR) steering committee met to focus on the long-term outlook for tax reform and the potential effects on the nation's cities and towns at its fall meeting, held in San Antonio, Oct. 12-14.
The committee, chaired by Councilmember Mike Kasperzak of Mountain View, Calif., approved a number of resolutions and held several brainstorming sessions, which will help direct NLC efforts.
The committee's activities follow the NLC Action Plan on Reforming the System of Public Finance, which was approved by the board of directors in July. The plan calls for a multi-year set of actions, including analysis, advocacy, messaging and support for local action.
Delving into the details of tax reform issues, the committee heard a presentation by Kim Rueben of the UrbanBrookings Tax Policy Center, regarding state and local deductibility and the Alternative Minimum Tax. The committee then held the first of what will be a series of discussions aimed at sorting through priorities for cities in potential tax reform strategies.
With a multitude of tax and finance issues currently facing cities, the committee also held an exercise to determine NLC priorities for training opportunities and information sharing. …