
• By ITEP Staff
As more states move to raise revenue and tax the rich, anti-tax lobbyists and lawmakers are hard at work to undo that progress. Despite pushback, important conversations around needed revenue continue.
• 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 ITEP Staff
Below is a list of tax expenditure reports published in the states.
• By Aidan Davis
This year several states raised income tax rates on high-income people to fund crucial services and make progress toward remedying the regressive tilt of their tax codes.
• 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.
• By Alex Welch
From surcharges on the income of high-earners to higher taxes on second homes, here are recent steps states have taken to tax the rich.
• By ITEP Staff
Missouri lawmakers passed legislation that will have residents vote on a proposal at the ballot box. The ask: for them to pay more in sales taxes to offset cuts – and the possible elimination – of the state's individual income tax, which makes up nearly two-thirds of Missouri’s general fund.
• By ITEP Staff
This week, troubling revenue projections are making headlines, with many lawmakers scrambling to determine how the tax changes at the federal level, plus price hikes driven by national policy decisions, will impact their states.