Institute on Taxation and Economic Policy (ITEP)

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State Rundown 6/11: Taxing the Rich Heats Up

• By ITEP Staff

As we head into summer, many state legislatures are in the final stretches of their sessions. Rhode Island moved another step closer to joining the ranks of Washington, Maine, and Hawai’i in enacting a new high-income surcharge this year.

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State Rundown 4/30: Aloha to Tax Cuts, Hawaiʻi Lawmakers Address Revenue Gap with High-End Tax Changes

• By ITEP Staff

This week Hawaiʻi lawmakers reached a compromise to balance the state budget and maintain tax cuts for most residents by, in part, raising rates on the richest Hawaiians. Other states are working to generate revenue from their wealthiest residents, too.

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North Carolina, Pushing Tax Cuts on Three Fronts, Risks a Repeat of Kansas Debacle

• By Carl Davis

Tax cuts are looming large on the horizon in North Carolina. So large, in fact, that even some traditionally anti-tax voices are starting to get nervous.

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State Rundown 4/8: Budget and Tax Packages Take Shape as Sine Die Approaches in Many States

• By ITEP Staff

State legislative sessions are wrapping up, and final tax and budget packages are making their way to governors’ desks.

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State Rundown 2/19: Necktie (NCTI) Offers a Way Out of a Knotty Situation

• By ITEP Staff

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.

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State Rundown 2/11: This Valentine’s Day, Conscious Decoupling Is Our Love Language

• By ITEP Staff

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.

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What Did 2025 State Tax Changes Mean for Racial and Economic Equity?

• By Brakeyshia Samms

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

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State Rundown 1/28: State Tax Cutting Plans Face Scrutiny

• By ITEP Staff

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

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States Can Push Back Against Reckless Federal Tax Policy. Here’s How.

• By Aidan Davis, Wesley Tharpe

They should take steps to protect and boost their own revenues. And they should take a second look at their own tax cuts.

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Show Me Where We’re Going: Missouri’s Fiscally Irresponsible Path Will Be Paid for by Everyday People

• By Logan Liguore

Missouri lawmakers have been pushing regressive and shortsighted tax policies that undermine everyday workers and sabotage the Show-Me State’s ability to raise revenue.

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2025: The Year in Tax Policy

• By ITEP Staff

From Congressional discussions over the so-called "One Big Beautiful Bill Act" to debates on property taxes, ITEP kept busy this year analyzing tax proposals and showing Americans across the country how tax decisions affect them.

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Not-So-Free Kick: How the 2026 FIFA World Cup Will Cost Cities Millions

• By Page Gray

FIFA demanded sales tax breaks on World Cup Tickets. That means millions in lost revenue for host cities already shouldering the costs on providing infrastructure, security and logistics.

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State Rundown 12/3: Property Tax Cuts and Deficits

• By ITEP Staff

States are increasingly facing difficult choices as revenues stagnate and deficits come clearer into focus.

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State Rundown 10/27: As Temperatures Cool Tax Policy Heats Up

• By ITEP Staff

States across the nation are debating how best to respond to costly new federal tax cuts.

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State Rundown 10/1: State and Local Governments Doing the Opposite of Shutting Down

• By ITEP Staff

State and local officials are staying very busy by considering a dizzying amount of reversals.

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State Tax Action in 2025: Amid Uncertainty, Tax Cuts and New Revenue

• By Aidan Davis, Neva Butkus, Marco Guzman

Federal policy choices on tariffs, taxes, and spending cuts will be deeply felt by all states, which will have less money available to fund key priorities. This year some states raised revenue to ensure that their coffers were well-funded, some proceeded with warranted caution, and many others passed large regressive tax cuts that pile on to the massive tax cuts the wealthiest just received under the federal megabill.

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Which States Expanded Refundable Credits in 2025?

• By Neva Butkus

Refundable tax credits were a big part of state tax policy conversations this year. In 2025, nine states improved or created Child Tax Credits or Earned Income Tax Credits.

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How Much Would Every Family in Every State Get if the Megabill’s Tax Cuts Given to the Rich Had Instead Been Evenly Divided?

• By Michael Ettlinger

If instead of giving $117 billion to the richest 1 percent, that money had been evenly divided among all Americans, we'd each get $343 - or nearly $1,400 for a family of four.

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Local Tax Trends in 2025

• By Rita Jefferson

As federal aid ends and economic uncertainty grows, local governments face tough budget choices. Now is the time for localities to protect vulnerable residents and build stronger, more equitable fiscal foundations.

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Trump Megabill Will Give $117 Billion in Tax Cuts to the Top 1% in 2026. How Much In Your State?

• By Michael Ettlinger

The predominant feature of the tax and spending bill working its way through Congress is a massive tax cut for the richest 1 percent — a $114 billion benefit to the wealthiest people in the country in 2026 alone.

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How Much Do the Top 1% in Each State Get from the Trump Megabill?

• By Carl Davis

The Senate tax bill under debate right now would bring very large tax cuts to very high-income people. In total, the richest 1 percent would receive $114 billion in tax cuts next year alone. That would amount to nearly $61,000 for each of these affluent households.

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State Rundown 6/20: Federal tax policy heats up, states wrap sessions and weigh impacts

• By ITEP Staff

As state legislative sessions come to a close, decisions on tax policy are being made. Several southern states have cut taxes, while the northeast is making some more measured reforms.

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State Rundown 6/11: States in The Eye of a Fiscal Hurricane?

• By ITEP Staff

State legislatures are enjoying a relatively quiet period right now, though it is merely a temporary calm before the storm of the federal tax and budget debate begins raging again.

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Sweeping Federal Tax and Spending Changes Threaten Local Governments

• By Kamolika Das

Given this environment, local leaders must do what they can to preserve and strengthen progressive revenue tools, advocate for expanded local taxing authorities and flexibility, and push their state leaders to decouple from harmful federal tax changes.

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State Rundown 5/21: Big and Not-So Beautiful Tax Cut Bills Abound in States

• By ITEP Staff

As a sprawling, regressive tax bill continues to take shape at the federal level, many states are moving forward with major tax cut proposals of their own.