Institute on Taxation and Economic Policy (ITEP)

California

State Rundown 7/27: It’s (Sales Tax) Holiday Season, But Who’s Really Celebrating?

It’s the holiday season – well, the sales tax holiday season, that is. But after taking a closer look, you may notice that there is little to celebrate...

Legislative Momentum in 2022: New and Expanded Child Tax Credits and EITCs

State legislatures across the country made investments in their future, centering children, families, and workers by enacting and expanding state Earned Income Tax Credits (EITCs), Child Tax Credits (CTCs), and other refundable credits this session. In total, seven states either expanded or created CTCs this session. Connecticut, New Mexico, New Jersey, Rhode Island and Vermont […]

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State Rundown 7/13: Let’s Make a Deal

July 13, 2022 • By ITEP Staff

State Rundown 7/13: Let’s Make a Deal

From the Bay State to the Golden State, lawmakers across the nation are making deals and negotiating budgets with major tax implications...

CNBC: Millions of Calif. families to get ‘inflation relief’ stimulus checks of up to $1,050

July 5, 2022

Democratic California Gov. Gavin Newsom and Democratic legislative leaders agreed on a $17 billion relief package that includes $9.5 billion in inflation relief funds. Those estimated 23 million California taxpayers will receive between $200 and $1,050 by early next year. California has more flexibility to send these kinds of payments because its budget is one of the […]

State Rundown 6/29: Sun’s Out, Session’s (Still) In

Although the sun is shining and Independence Day is right around the corner, many state lawmakers are still indoors hammering out the details of future budgets or still hard at work passing laws...

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State Rundown 6/22: Southern States Edition

June 22, 2022 • By ITEP Staff

State Rundown 6/22: Southern States Edition

With many state legislative sessions wrapped or wrapping up, we at ITEP want to take a moment to direct your attention south, and specifically, to the American South...

Creating Racially and Economically Equitable Tax Policy in the South

The South's negative outcomes on measures of wellbeing are the result of a century and a half of policy choices. Lawmakers have many options available to make concrete improvements to tax policy that would raise more revenue, do so equitably, and generate resources that could improve schools, healthcare, social services, infrastructure, and other public resources.

State Rundown 6/15: States on Alert as Inflation Concerns Rise

With inflation dominating headlines both nationally and locally, state lawmakers around the U.S. are searching for ways to put their revenues to good use, and not surprisingly, some options are better than others...

State Rundown 6/8: Tax Policy Features Prominently During Budget and Primary Season

As voters head to the polls to weigh in on their state’s primary elections and legislators convene to hash out budget deals, tax policy remains atop the agenda...

State Rundown 5/25: Tax Discussions Heating Up as Summer Begins

While the temperature ticks up outside, the temperature in state legislatures around the country has fallen slightly. But with several states still dealing with ongoing tax and budget issues, this summer could be a hot one...

State Rundown 5/11: Mid-Year Special Elections and Primary Season Kicks Off with Taxes in the Spotlight

As 2022 inches closer to its midpoint, important tax policy decisions are being put in the hands of voters, as special elections and the primary season begin...

State Rundown 4/27: States Remain Active on the Tax Front

While tax discussions among federal lawmakers continue in fits and starts, major tax news continues to make waves across the nation...

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State Rundown 4/20: New Tax Changes in Full Bloom

April 20, 2022 • By ITEP Staff

State Rundown 4/20: New Tax Changes in Full Bloom

This Spring looks to be bringing a mix of showers and flowers as states around the nation continue to act on a range of tax proposals...

McClatchy: A Republican senator has a plan to ‘Rescue America.’ Here’s what it could cost Californians

April 19, 2022

But it’s the lowest wage earners who would pay more taxes, according to the Institute on Taxation and Economic Policy. The nonpartisan Tax Policy Center reached the same conclusion. The ITEP’s estimate of the impact on Californians: ▪ Lowest 20% of income earners, making $26,100 or less, a tax increase of $790. ▪ Second 20%, […]

State Rundown 4/13: Recent State Budgets Prove Not All Tax Cuts are the Same

Two prominent blue states made headlines this past week when they passed budget agreements that include relief for taxpayers, and fortunately, the budget plans don’t include costly tax cuts that primarily benefit the wealthy...

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State Rundown 4/6: Late-Session Surprises Pt. 2

April 6, 2022 • By ITEP Staff

State Rundown 4/6: Late-Session Surprises Pt. 2

Last week we highlighted how several states were pushing through regressive tax cuts as their legislative sessions are coming to a close. Well, this week many of those same states took further actions on those bills and it’s safe to say we’re even less impressed than before...

State Rundown 3/30: Late-Session Surprises Leave Us Unimpressed

Several states have dropped a few late-session surprises, and from the looks of it, they’re not the good kind...

State Rundown 3/16: The Scramble to Curb Rising Gas Prices is On

Rising gas prices have lawmakers around the country searching for ways to ease the pressure on consumers and almost half the states are considering reducing or temporarily repealing their gas tax, but another idea is taking hold...

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State Gas Tax Holidays are Nothing to Celebrate

March 16, 2022 • By Carl Davis

State Gas Tax Holidays are Nothing to Celebrate

It’s unlikely that state gas tax holidays will meaningfully benefit consumers, and they come with risks for states’ infrastructure quality.

Californians need quality public health and schools, access to affordable housing and clean water, and safe roads and neighborhoods along with many more services to live and thrive – no matter one’s zip code. Accordingly, the state’s tax and revenue system must raise adequate revenue to cover the services provided by state and local governments and make […]

State Rundown 3/9: One State Stands Out Amid the Avalanche of Tax Cuts

The avalanche of regressive tax-cut proposals coming out of state legislatures has not slowed over the course of the winter months, but one state has provided a shot of hope to advocates of tax equity...

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State Rundown 2/23: Temporary Surplus, Permanent Cuts

February 23, 2022 • By ITEP Staff

State Rundown 2/23: Temporary Surplus, Permanent Cuts

Several state legislatures are continuing to push ahead this year with significant tax cut packages that are regressive and would dramatically reduce revenues and leave states in a bad position should they experience another unexpected economic shock...

State Rundown 2/16: Spending Priorities Emerge as the Votes Are Counted

State lawmakers have been busy working out deals and negotiating how best to use excess revenues, and as the votes are beginning to come in, spending priorities are becoming clearer...

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State Rundown 2/10: Dems Also Set Sights on Tax Cuts

February 10, 2022 • By ITEP Staff

State Rundown 2/10: Dems Also Set Sights on Tax Cuts

While record state revenue surpluses have led to big pushes in red states to make unnecessary permanent income and corporate tax cuts, Democrats are also getting in on the tax-cut mania...

Federal EITC Enhancements Help More Than One in Three Young Workers

More than one in three young adults would benefit from workers without children being eligible to receive the federal EITC. This policy change would bolster young adults’ economic security.