Institute on Taxation and Economic Policy (ITEP)

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State Rundown 3/2: State Tax News When You Need It

March 2, 2022 • By ITEP Staff

State Rundown 3/2: State Tax News When You Need It

ITEP is happy to announce the launch of our new State Tax Watch page, where you can find out about the most up-to-date tax proposals and permanent legislative changes happening across the country...

Taxes Should be Part of the State of the Union Agenda

President Biden should elevate his tax and revenue proposals which remain essential if we are to pay for environmental restoration, health priorities and peacekeeping, the front-burner items that may dominate the speech.

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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...

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State Rundown 2/2: The First Tax Cut Domino Falls…

February 2, 2022 • By ITEP Staff

State Rundown 2/2: The First Tax Cut Domino Falls…

One-time payments have become a common theme around the country, as Idaho is one of roughly eleven states with plans to provide tax relief in a similar fashion...

State Rundown 1/26: States Offering Preview of Tax Themes and Trends for 2022

Governors and legislators are beginning to settle on and advance tax bills that could drastically shape the future of their states and several trends and themes are beginning to emerge...

State Rundown 1/20: Governors Eyeing Tax Cuts in Yearly Addresses

A common theme is emerging out of states, as governors around the U.S. begin the year with their annual state speeches, and the news does not bode well for long-term growth and sustainable budgets...

Mississippi Is the Latest in a String of States Pursuing Short-Sighted, Top-Heavy Tax Cuts

Not only is Mississippi's latest tax proposal deeply inequitable, the state simply cannot afford it.

State Rundown 1/13: The Tax Cuts Cometh, But There Is a Better Way

As expected, with the start of many new legislative sessions around the country, lawmakers have introduced a slew of tax cut plans following better-than-expected budget outlooks that have, so far, weathered the impact of the pandemic...

School’s In: Tackling College Affordability Through State Tax Codes

Given that a sweeping federal solution to the college affordability crisis does not appear to be on the immediate horizon, it is even more important that states take whatever steps they can to expand college access and affordability. While most of that effort will need to occur on the spending side of the ledger—such as through lowering tuition costs, expanding financial aid, or perhaps even funding free college outright—tax policy also has a role to play.

The New Trend: Short-Sighted Tax Cuts for the Rich Will Not Grow State Economies

The same legislators who touted tax cuts for the rich as solution to our problems before the pandemic are also saying tax cuts for the rich are a solution during the pandemic. Tax cuts cannot be a solution to everything, especially at a time when the richest Americans are amassing more wealth than ever.

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Investing in a Joint Future: Harnessing State Tax Codes

January 10, 2022 • By Aidan Davis

Investing in a Joint Future: Harnessing State Tax Codes

Rather than resorting to tax cuts, which can eventually create revenue shortfalls, lawmakers should determine whether they have adequately invested in people and communities. There are better ways to leverage tax systems to help those who need it most.

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State Rundown 1/5: New Year, Same Old Playbook

January 5, 2022 • By ITEP Staff

State Rundown 1/5: New Year, Same Old Playbook

The new year often brings with it a reinvigorated commitment to new goals and a fresh perspective on how to accomplish them, but it seems like lawmakers in states around the country are giving up already...

State Rundown 12/15: Making Our State Tax Naughty or Nice List & Checking it Twice

As the holiday season kicks into full gear, we’re putting the finishing touches on our State Tax Naughty or Nice list, and it looks like some late entrants are making a good case to be included...

Latest Proposal from Senate Democrats Would Bar the Rich from SALT Cap Relief

Richest taxpayers would receive $0 benefit under new compromise compared with 51 percent of the benefit of House-passed SALT provision  DOWNLOAD NATIONAL AND STATE-BY-STATE ESTIMATES  In the latest chapter of the saga over SALT, some Senate Democrats are discussing a new compromise that would amend the House-passed provision providing relief from the SALT cap to […]

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State Rundown 11/23: Thankful for Tax Advocates Like You!

November 23, 2021 • By ITEP Staff

State Rundown 11/23: Thankful for Tax Advocates Like You!

Here at ITEP we want to give thanks and say we’re grateful for all of the hard work that advocates in states across the country are doing to secure progressive tax policy victories...

State Rundown 11/10: It’s Beginning to Look a Lot Like…Election Season?!

If the leaves are turning colors and you find yourself walking out of the office into pitch-black darkness, it only means that time of the year is upon us—and no, I'm not talking about the holiday season. Before that, it’s the equally important election season...

Senators Menendez and Sanders Show the Way Forward on the SALT Cap

Amending the Build Back Better bill to fully repeal the SALT cap would mean that the richest 1 percent could pay less in personal income taxes than they do now, which goes against everything President Biden has said for the past year as he promoted this legislation.

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State Rundown 10/27: Pumpkin Spice & Everything Nice

October 27, 2021 • By ITEP Staff

State Rundown 10/27: Pumpkin Spice & Everything Nice

The end of Spooky Season is near but that hasn’t stopped state lawmakers from adding their frightening plans into the bubbling cauldron of bad tax policy ideas...

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State Rundown 10/13: Haven Sent Edition

October 13, 2021 • By ITEP Staff

State Rundown 10/13: Haven Sent Edition

The release of the ‘Pandora Papers’ showed once again that states and their tax systems play an important role in wealth inequality, and in this case, worsening it...

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State Income Tax Reform Can Bring Us Closer to Racial Equity

October 4, 2021 • By Carl Davis, ITEP Staff, Marco Guzman

State Income Tax Reform Can Bring Us Closer to Racial Equity

To pave the way for a more racially equitable future, states must move away from poorly designed, regressive policies that solidify the vast inequalities that exist today.

State Rundown 9/29: Where There’s Smoke, There’s Revenue?

One of the few industries to excel during the economic downturn brought on by the pandemic has been the marijuana business, and lawmakers around the country are taking notice as they try to ensure that sales in their state are both legal and subject to tax...

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State Rundown 9/15: It’s a Little Too Quiet…

September 15, 2021 • By ITEP Staff

State Rundown 9/15: It’s a Little Too Quiet…

Though we can’t fault anyone for being distracted by the major stories of the day, we at ITEP remain committed to keeping you up to date on what’s happening in the tax world around you...

New Census Data Highlight Need for Permanent Child Tax Credit Expansion

The status quo was a choice, but the Census data released today shows that different policy choices can create drastically different outcomes for children and families. It is time for our state and federal legislators to put people first when it comes to recovery.