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blog
March 7, 2024
Tax Proposals Expected to be in President Biden's Budget Plan
President Biden discussed multiple tax proposals during the State of the Union address to Congress. Several of these proposals appeared in the budget plan he… -
blog
March 6, 2024
State Rundown 3/6: Tax Cuts Aren’t Forever, or for Evers
Anti-tax interests finally found the end of the tax cutting appetite in a few states this week…
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blog
March 6, 2024
Tax Cuts Fail Again in Kansas and Wisconsin; Lawmakers Should Pivot to Proven Investments
The governors of both Kansas and Wisconsin recently stood up to legislators who tried to push through costly tax cuts that would overwhelmingly benefit the most well-off. Lawmakers in those states and others should shift their focus from expensive, top-heavy tax cuts to tried and true policies that help middle-class and low-income families.
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blog
March 4, 2024
Moving the Needle Toward Tax Fairness in the States
While many state lawmakers have spent the past few years debating deep and damaging tax cuts that disproportionately help the rich, more forward-thinking lawmakers have improved tax equity by raising new revenue from the well-off and creating or expanding refundable tax credits for low- and moderate-income families.
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report
February 29, 2024
Corporate Tax Avoidance in the First Five Years of the Trump Tax Law
The Trump tax law overhaul cut the federal corporate income tax rate from 35 percent to 21 percent, but during the first five years it has been in effect, most profitable corporations paid considerably less than that.
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blog
February 28, 2024
State Rundown 2/28: States Keep Busy While Washington Stalls
State legislative sessions are in full swing with New Jersey and Oklahoma both particularly active this week…
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blog
February 22, 2024
State Rundown 2/22: Some Top-Heavy Tax Cut Proposals are Getting the Chop
With many state legislatures now in full swing with activity heating up, some tax cut proposals have lost steam…
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blog
February 20, 2024
The 'Low-Tax' Lie: States Hyped for Low Taxes Usually Only Low-Tax for the Rich
It’s hard to go a week without seeing a politician or a news article hype up a state as the place that everyone is moving to – or should move to – because of low taxes. However, there’s a big problem with these proclamations: they aren’t true.
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blog
February 16, 2024
IRS Commissioner, New GAO Report Highlight Importance of Proper IRS Funding
A new GAO report and Commissioner Werfel’s testimony highlight the value and necessity of a well-funded and functioning IRS. Most families and businesses do their best to pay taxes accurately and on time. The nation benefits from a modern revenue agency that can make this process as easy and simple as possible and identify complex tax schemes that deprive the country of revenues.
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blog
February 14, 2024
State Rundown 2/14: Our Love Language is Taxes
As many of you may know, we love taxes, along with the many great things they provide for our communities…