
September 13, 2024 • By Steve Wamhoff
The TCJA Permanency Act would make permanent the provisions of the Tax Cuts and Jobs Act of 2017 that are set to expire at the end of 2025. The legislation would disproportionately benefit the richest Americans. Below are graphics for each state that show the effects of making TCJA permanent across income groups. See ITEP’s […]
September 5, 2024 • By ITEP Staff
Property tax bills are undeniably a concern for many low- and moderate-income households across the nation...
August 8, 2024 • By ITEP Staff
Whether they’re in a special session, gearing up for one, or prepping for 2025, states around the country are focusing on important tax fights...
Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase.
July 25, 2024 • By ITEP Staff
State lawmakers will have a lot to discuss when they compare notes on how they spent their summer vacations this year...
Major tax cuts were largely rejected this year, but states continue to chip away at income taxes. And while property tax cuts were a hot topic across the country, many states failed to deliver effective solutions to affordability issues.
July 17, 2024 • By Emma Sifre, Marco Guzman
Undocumented immigrants who work and pay taxes but don't have a valid Social Security number for either themselves or their children are excluded from federal EITC and CTC benefits. Fortunately, several states have stepped in to ensure undocumented immigrants are not left behind by the gaps in the federal EITC and CTC. State lawmakers should continue to ensure that immigrants who are otherwise eligible for these tax credits receive them.
While Massachusetts legislators recently dropped a real estate transfer tax from their major housing bill, the District of Columbia council sent a budget to the mayor that includes a mansion tax that would increase the tax rate on properties valued over $2.5 million. Meanwhile, lawmakers in New Jersey and South Carolina continue to, respectively, raise and reduce needed revenues.
June 26, 2024 • By ITEP Staff
Many families are heading out on summer vacations, but legislators across the country are heading back to statehouses for special sessions...
June 26, 2024 • By Carl Davis, Erika Frankel
The report was produced in partnership with the Center on Budget and Policy Priorities and co-authored by CBPP’s Deputy Director of State Policy Research Samantha Waxman.[1] Click here to use our State Mansion Tax Estimator A historically large share of the nation’s wealth is concentrated in the hands of a few, a reality glaring in […]
June 13, 2024 • By ITEP Staff
State budgets are falling into place as lawmakers near the end of their legislative sessions...
Legislative sessions across the country are still very much in for summer, which means more pencils, more budgets, and more tax plans...
May 22, 2024 • By ITEP Staff
State legislatures are wrapping up, but don’t stray too far from your state capital or you’ll miss out on the action...
This week, special sessions with major tax implications are in the air...
Many state legislative sessions are wrapping up...
April 18, 2024
Most Nebraskans who claim the state income tax credit on property taxes paid to public schools will see little change in what they pay resulting from the tax package to be debated today, the final day of the Legislative session. But for Nebraska’s lowest-income earners – households making less than $30,000 annually – the impact of […]
April 17, 2024 • By ITEP Staff
Happy (belated) Tax Day!
April 3, 2024 • By ITEP Staff
This week tax cuts were debated across the upper Midwest...
April 3, 2024
LINCOLN, Neb. (AP) — With no votes to spare, Nebraska lawmakers advanced a bill that would raise the state’s sales tax by 1 cent to 6.5% on every taxable dollar spent — which would make it among the highest in the country.
April 1, 2024
The tax package designed to lower property taxes paid to local political subdivisions would increase the tax burden on low- and middle-income working families and make it increasingly difficult for cities, counties and schools to provide the services that Nebraskans expect.
March 28, 2024 • By ITEP Staff
While madness is typically reserved for basketball in March, several high-profile, regressive tax cuts are making their way through state legislatures this week...
Over the past week Utah continued its slow march toward a more inequitable tax code...
Many state legislative sessions are in the final stretch...
State legislative sessions are in full swing with New Jersey and Oklahoma both particularly active this week...
February 22, 2024 • By ITEP Staff
With many state legislatures now in full swing with activity heating up, some tax cut proposals have lost steam...