wv logo
2011 FTA Revenue Estimation
  & Tax Research Conference

October 16-19, 2011 • Charleston Marriott Town Center • Charleston, WV 25301
 

Presentations & Papers

All papers & presentations are in Adobe Acrbat format. Podcasts are in mp3 format.

How Did We Do? - Fill in our Evaluation Form

Tips & Help with Podcasts

Monday, October 17, 2011
General Session
 

General Macro Economic Outlook
 Nigel Gault, IHS Global Insight
  [audio podcast]

Regional Economic Outlook
 Steven Cochrane, Moody’s Analytics
  [audio podcast]

    [Question & Answer podcast]

State Fiscal Outlook
  Scott Pattison, National Association of State Budget Officers
  [audio podcast]

Update on Federal Legislation [no presentation]
  Gale Garriott, Federation of Tax Administrators
  [audio podcast]

    [Question & Answer podcast]

 

Luncheon
 
Speaker:
    Sales Taxes and Electronic Commerce: Are There Employment Impacts?
      
[no presentation] [audio podcast]
    Donald Bruce, University of Tennessee
 
Concurrent Breakout Sessions
 

Session I: Sectorial Outlook - moderator, Fitzroy Lee
-Retail Outlook, Michael Niemira, ICSC
     [audio podcast]
-Automobile Outlook, Kim Hill, Center for Automotive Research
     [audio podcast]
-Housing Outlook, Douglas Duncan, Fannie Mae
     [audio podcast]
-Employment Outlook, Robert Valletta, Federal Reserve Bank of San Francisco
     [audio podcast]

    [Question & Answer podcast]

 

Session II: Enforcement Revenues - moderator, Michael Kaufmann

An Assessment of the North Carolina Tax Amnesty of 1989
William Spencer, North Carolina Dept. of Revenue
     [audio podcast]

CBT Enforcement Collection Trends Through Amnesty Cycles In New Jersey: A Comparison With Selected Neighboring States
Ranjana Madhusudhan and Roger Cohen, New Jersey Dept. of the Treasury
 

Regional Breakout Sessions
  -Northeastern Region
  -Southeastern Region
  -Midwestern Region
  -Western Region
  
Tuesday, October 18, 2011
 
General Session
 

Joint FTA/NTA Session - Sensitivity of Wealthy/Businesses to State Tax Differences and Implications for Long-term State and Local Fiscal Sustainability
 
Moderator - Ranjana Madhusudhan

Tax Rates and the Location Decision of the Wealthy
  Richard Prisinzano, U.S. Department of Treasury
     [audio podcast]

State Tax Competition
  Daniel Wilson, Federal Reserve Bank of San Francisco
     [audio podcast]

Long-term Fiscal Sustainability of State and Local Governments
  Bo Zhao and David Coyne, Federal Reserve Bank of Boston
     [audio podcast]

Discussant: Jim Landers, Indiana Legislative Services Agency
     [audio podcast]

    [Question & Answer podcast]

*Organized by Ranjana Madhusudhan, New Jersey Dept. of Treasury
   

Concurrent Breakout Sessions
 

Session I: Tax Credit Reporting - moderator, Rod Hoheisel

Methodology in Tax Credit Evaluation Study
  Zhong Jin, Iowa Dept. or Revenue
    Paper: Iowa New Job Training Program, Economic Impact Analysis
     [audio podcast]

Benefits of Tracking West Virginia Business Tax Credits Over 25 Years
  Mark Muchow, West Virginia Dept. of Revenue
     [audio podcast]

Income Tax Credits - Impact on Revenues
  Georganna Meyer, Arizona Dept. of Revenue
     [audio podcast]

    [Question & Answer podcast]

 

Session II: Revenue Forecasting, Why We Missed Our Targets and How to Fix It? - moderator, Romina Soria

Using Cointegrating Relationships to Capture the Cyclical and Long-run Dynamics of Revenue Forecasts: A Simple Example from Massachusetts
  Alan Clayton-Matthews, Northeastern University
   [audio podcast]

Revenue Recap: Comparing State Sales and Withheld Receipts to Retail Sales and Employment Statistics
 Philippa Dunne, Liscio Report
   [audio podcast]

Revenue Forecast Errors and Business Cycles: The Case of Wisconsin
  Romina Soria, Wisconsin Dept. Revenue
   [audio podcast]

    [Question & Answer podcast]

 

Concurrent Breakout Sessions
 

Session I: Corporate Income Tax Combined Reporting - moderator, Norton Francis

FTA Award Winner
Maryland Corporate Information Reporting and Combined Reporting Study, by the Bureau of Revenue Estimates

 Andrew Schaufele, Maryland Comptroller
   [audio podcast]

Discussion - all participants. [states that have enacted or have considered combined reporting legislation are asked to be prepared to discuss how they estimated the revenue impact and possible problems they encountered]

    [Question & Answer podcast]
 
 

Wednesday, October 19, 2011
 
General Session
 

Presiding: Fitzroy Lee, District of Columbia and Chair FTA Research Section

FTA Update
  Ron Alt, Federation of Tax Administrators

States’ Revenue Estimating – Cracks in the Crystal Ball
  Bob Ward, Rockefeller Institute of Government representative
  [download and view the full report]

Taxation and Interstate Competition in Midwest Casinos  
  Jim Landers, Indiana Legislative Services Agency

Update on Research Roundtable Activities

Invitation to Rhode Island in 2012