Tax policy creates incentives and disincentives that affect how communities experience population change, resource extraction, and natural disasters. Our research helps local leaders and state and federal policymakers understand the long-term impacts of tax policy decisions.
New activities can help guarantee and diversify future revenue from New Mexico state trust lands, complementing the successful Land Grant Permanent Fund.
States tend to spend, rather than save, federal fossil fuel disbursements, potentially making them vulnerable to economic transitions.
State and federal fiscal policies hurt rural communities by limiting how local governments can grow, diversify, and invest revenue.
Where rural recreation counties rely on public funding for health care, fiscal solutions should diversify the ways local governments can save and spend.
The bipartisan Forest Health for Rural Stability Act would establish a federal land endowment and resolve key challenges of federal land payments to counties.