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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…
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map
September 5, 2024
Which States Have Joined IRS Direct File?
The IRS has opened its free tax filing service called Direct File to every state for the 2025 tax filing season. Direct File was made… -
blog
August 16, 2024
Here’s a Tip: Keep the Taxation of Tips As-Is
The no tax on tips idea isn’t a new one, but it’s always been abandoned because it’s practically impossible to do without creating new avenues for tax avoidance. Despite its embrace by the candidates from both major parties, this policy idea would do little to help the roughly 4 million people who work in tipped occupations while creating a host of problems.
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blog
August 14, 2024
Local Tax Trends in 2024
Many cities, counties, and townships across the country are in a difficult, or at least unstable, budgetary position. Localities are responding to these financial pressures in a variety of ways with some charging ahead with enacting innovative reforms like short-term rental and vacancy taxes, and others setting up local tax commissions to study the problem.
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blog
August 8, 2024
State Rundown 8/8: States Laying the Groundwork for Future Tax Battles
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…
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blog
August 6, 2024
Minnesota Stands Out for Its Moderately Progressive Tax Code
Minnesota stands apart from the rest of the country with a moderately progressive tax system that asks slightly more of the rich than of low- and middle-income families. Recent reforms signed by Gov. Tim Walz have contributed to this reality.
