Today the Supreme Court made the right decision in striking down most of the tariffs President Trump has put into motion during his second term.

The company paid zero federal income tax in 2025 despite reporting $145 million of U.S. profits.

The Treasury Department is unilaterally cutting corporate taxes with regulations that ignore the statute they claim to implement, disregarding the separation of powers between the branches of government that has defined how America works for more than two centuries.

Homes in Black neighborhoods are more likely to be over-assessed for tax purposes while being undervalued by private appraisers.

State lawmakers are grappling with a range of challenges as their fiscal outlooks deteriorate, federal tax enforcement wanes (after the Trump administration cut the IRS workforce by 25 percent), and a rewritten federal tax code sends states scrambling to decide what changes they might want to make in their own codes.

A new proposal in Michigan would create a 5-percentage point surcharge on top earners with taxable incomes over $1 million for joint filers and $500,000 for single filers. This would raise about $1.7 billion a year, which would be used for public education priorities.

Including NCTI in state corporate tax law is an effective way to neutralize much of the tax avoidance that occurs when multinational companies artificially shift their profits into overseas tax havens.

While some may be excited for a romantic Valentine’s Day this weekend, many state lawmakers are breaking up and decoupling from recent federal tax changes that are poised to leave states with revenue shortfalls – much like a bad date who forgets their wallet and asks you to pick up the tab.

This unilateral corporate tax cut from the Trump administration will cost $10 billion over a decade unless it is reversed.

Claire Lynch is a communications intern. She earned a Bachelor of Arts in Political Science from Louisiana State University and a master’s degree in mass communication from LSU’s Manship School. Her background in public radio and academic research on political engagement and media representation informs her focus on accessible information for the public, particularly for […]

Cassidy Sheppard is a policy intern who focuses on state and local tax policy. They are currently pursuing a master’s degree in public administration at the University of Washington. Previously Cassidy worked in labor advocacy for 2 years after earning a Bachelor of Arts in Political Science with a minor in History from California State […]

The results are a mixed bag, with some states enacting promising policies that will improve tax equity and others going in the opposite direction.

Federal lawmakers passed a bill along party lines that would force the District of Columbia to override the decision of local elected officials and implement all of the costly and inequitable federal tax cuts passed under the “One Big Beautiful Bill Act” (OBBBA).

Four of the corporations whose CEOs flanked President Trump at his 2025 inauguration ceremony have now disclosed that they collectively received $51 billion in federal tax breaks in 2025, much of that likely from the One Big Beautiful Bill Act (OBBBA).

Despite wintry conditions across much of the country, that hasn’t stopped state lawmakers from debating major tax policy changes.

The company paid an effective federal income tax rate of just over 3.5% in 2025, the lowest it has recorded since the company went public as Facebook in 2012.