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.

Trust use is widespread among the wealthiest households, with reports showing that roughly half of the nation’s wealthiest people rely on trusts for tax avoidance reasons

As state legislative sessions ramp up across the country, property taxes are one of many issues dominating tax policy conversations in statehouses.

As tax filing season begins, families have fewer options than last year, thanks to the heavy lobbying efforts of big tax-preparation corporations like Intuit (the parent company of TurboTax).