
• By Neva Butkus
Nearly two-thirds of states (plus the District of Columbia and Puerto Rico) have an Earned Income Tax Credit. These credits boost low-paid workers’ incomes and offset some of the taxes they pay, helping working class families achieve greater economic security.
• By ITEP Staff
The District’s property tax circuit breaker program (also known as “Schedule H”) allows low-income homeowners and renters to claim a property tax credit applied to the taxpayer’s income tax liability
• By ITEP Staff
Lawmakers can use this moment to advance a more progressive and racially-just tax system by evaluating tax proposals across five dimensions: equity, adequacy and stability, simplicity, neutrality, and accountability.
• By ITEP Staff
Missouri voters are facing a major decision at the ballot box next week on Amendment 5, which would amend the state constitution to allow lawmakers to eliminate the individual income tax and expand the state’s sales tax on any good or service to make up for lost revenue.
• By Matthew Gardner
This week a U.S. House of Representatives committee approved a bill that would effectively take away Washington, D.C.’s fiscal autonomy, requiring Congressional approval of any new D.C. laws that increase taxes or fees.
• By Aidan Davis
In a year of cautious uncertainty around current and ongoing revenues, many state lawmakers strengthened their tax credits for families and children.
• By ITEP Staff
Below is a list of tax expenditure reports published in the states.
• By Rita Jefferson
Second home taxes make a lot of sense for communities struggling with housing costs for full-time residents. They can raise real revenues too, which can be used to support further affordable housing development.