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report
October 7, 2024
A Distributional Analysis of Donald Trump’s Tax Plan
Former President Donald Trump has proposed a wide variety of tax policy changes. Taken together, these proposals would, on average, lead to a tax cut for the richest 5 percent of Americans and a tax increase for all other income groups.
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blog
September 18, 2024
State Rundown 9/18: Special Tax Session Results? “Reply Hazy, Try Again”
As the dust settles…
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blog
September 16, 2024
Trump’s Plan to Vaporize the Economy Through Mass Deportation
This op-ed originally appeared in the Boston Globe. What would happen if 22 percent of America’s farmworkers vanished from the workforce? Would workers from across… -
brief
September 13, 2024
Extending Temporary Provisions of the 2017 Trump Tax Law: Updated National and State-by-State Estimates
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… -
blog
September 12, 2024
Voucher Boondoggle: House Advances Plan to Give the Wealthy $1.20 for Every $1 They Steer to Private K-12 Schools
The U.S. House Ways & Means Committee has advanced a new school voucher bill. H.R. 9462—the Educational Choice for Children Act of 2024—would create an unprecedented tax incentive designed to fund private, mostly religious, K-12 schools.
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brief
September 12, 2024
State Earned Income Tax Credits Support Families and Workers in 2024
Nearly two-thirds of states (31 plus the District of Columbia and Puerto Rico) have an Earned Income Tax Credit. These credits boost low-paid workers’ incomes and offset some of the taxes they pay, helping lower-income families achieve greater economic security.
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brief
September 12, 2024
State Child Tax Credits Boosted Financial Security for Families and Children in 2024
Fifteen states plus the District of Columbia provide Child Tax Credits to reduce poverty, boost economic security, and invest in children. This year alone, lawmakers in three states – Colorado, New York, and Utah – expanded their Child Tax Credits while lawmakers in the District of Columbia created a new credit that will take effect in 2025.
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blog
September 10, 2024
Expanded Child Tax Credit is Key to Reducing Child Poverty, New Census Data Illustrate
From 2021-2023, child poverty has more than doubled from 5.2 to 13.7 percent. The latest Census data make clear that lawmakers have the tools to help millions of children and their families – and it’s beyond time they take action.
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blog
September 9, 2024
The Quiet Effort to Make Single Parenthood More Expensive
After the dust settles on this year’s election, one of the most pressing issues confronting the next Congress and President will be how to deal with the expiration of the 2017 Trump tax cuts and, more specifically, who will pay for the cost of extending some or all of those cuts. Among the more widely accepted ideas circulating on the right is to raise income taxes on single parents, more than four in five of whom are women and a disproportionate share of whom are people of color.
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blog
September 5, 2024
State Rundown 9/5: Property Tax Policy Continues to Make Headlines
Property tax bills are undeniably a concern for many low- and moderate-income households across the nation…
