
• By ITEP Staff
While voters delivered an historic rebuke of the economic and tax policies of the Trump administration as affordability concerns became a flashpoint, voters also decided on major tax ballot questions that will raise and protect revenue and do more to tax the rich in Washington, California, and Colorado.
• By Aidan Davis, Jon Whiten
Voters in states across the country on Tuesday passed critical ballot measures to raise and protect revenue and increase tax fairness. In three of four cases, voters showed their support for taxing the rich.
• By ITEP Staff
As more states move to raise revenue and tax the rich, anti-tax lobbyists and lawmakers are hard at work to undo that progress. Despite pushback, important conversations around needed revenue continue.
• By ITEP Staff
As the Iran War continues to cause gas prices to rise across the country, lawmakers are stepping on the accelerator instead of pumping the brakes on costly and ineffective proposals to suspend the gas tax ahead of the November election.
• By Brakeyshia Samms
Taxing the rich is proven fiscal policy – it raises revenue for vital public services and makes tax codes fairer. But a part of the debate that rarely gets enough attention: taxing the rich is also one of the most effective tools available for advancing racial equity.
• By Aidan Davis
This fall, voters across the country will consider a host of ballot measures that could reshape the fairness and adequacy of their states’ tax systems. Here’s some of what we’re following.
• By ITEP Staff
Missouri voters are facing a major decision at the ballot box next week on Amendment 5, which would amend the state constitution to allow lawmakers to eliminate the individual income tax and expand the state’s sales tax on any good or service to make up for lost revenue.
• By Aidan Davis
In a year of cautious uncertainty around current and ongoing revenues, many state lawmakers strengthened their tax credits for families and children.
• By Aidan Davis
This year several states raised income tax rates on high-income people to fund crucial services and make progress toward remedying the regressive tilt of their tax codes.
• By Nick Johnson
ITEP’s report on taxing advertising identifies some reasons why states are curtailing longstanding sales tax exemptions for the ad sector.
• By Alex Welch
From surcharges on the income of high-earners to higher taxes on second homes, here are recent steps states have taken to tax the rich.
• By ITEP Staff
As many legislative sessions end, lawmakers are revealing their priorities.
• By ITEP Staff
The effects of last year’s federal tax and spending cuts continue to ripple through the states. With gas prices soaring due to the Iran war, some states are attempting to provide a bit of relief in the form of gas tax reductions and suspensions.
• By ITEP Staff
In Washington, Gov. Bob Ferguson and lawmakers decided to stop fooling around with one of the nation’s most upside-down tax codes and finally brought to life a new millionaires’ tax, the first new income tax created in a state since 1991.
• By ITEP Staff
Washington is on its way to making history after the legislature approved the “millionaires’ tax,” a 9.9 percent tax on income over $1 million. The bill, which is expected to raise more than $3 billion a year, making significant investments in public education and childcare, will also expand the Working Families Tax Credit – the […]
• By Marco Guzman, Dylan Grundman O'Neill
The Washington legislature has approved a new "millionaires' tax," a 9.9 percent tax on income over $1 million. The bill, which makes significant investments in public education and child care, will also expand the Working Families Tax Credit – the state’s EITC – to reach an additional 460,000 households.
• By ITEP Staff
As many state legislative sessions near or cross the halfway point, lawmakers are facing tough choices.
• 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.
• 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.
• By ITEP Staff
Most states are adopting a very cautious approach so far this year as legislators begin their sessions and governors make their annual addresses, thanks to ongoing economic uncertainty and federal retrenchment.
• 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.