• map  March 7, 2023

    Which States Have Tax Cut Triggers or Phase-ins?

    In recent years, lawmakers have been quick to push for phased-in tax cuts or cuts attached to trigger mechanisms. These policy tools push the implementation of tax cuts outside of the current budget window with a predetermined phase-in schedule or a mathematical formula tied to state revenue trends.

  • brief  March 3, 2023

    Tax Avoidance Continues to Fuel School Privatization Efforts

    Wealthy families are overwhelmingly the ones using school voucher tax credits to opt out of paying for public education and other public services and to redirect their tax dollars to private and religious institutions instead. Most of these credits are being claimed by families with incomes over $200,000.

  • blog  March 1, 2023

    State Rundown 3/1: The Long March to the Finish Line

    This week, several big tax proposals took strides on the march toward becoming law…

  • blog  February 28, 2023

    New Jersey, New York, and Connecticut Should Keep Corporate Taxes Strong, Extend Surcharges

    At a time when corporations are seeing record profits while not paying their fair share of federal taxes, state corporate income taxes can and should play a role in raising sustainable revenue and adding progressivity to state tax codes. Right now, lawmakers in New Jersey, New York, and Connecticut have a unique opportunity to extend targeted tax changes that have raised billions of dollars from profitable corporations for meaningful public investments.

  • blog  February 28, 2023

    Dear Ohio: Beware the Flat Tax

    The flat tax plan and others being discussed that would cut even deeper would be windfalls for the wealthy, and expensive ones at that. Families with incomes over $300,000 per year, for example, could expect to gain, as a group, about a billion dollars annually under the flat tax plan. If you asked Ohio families about their top priorities for this legislative session, it’s a safe bet that very few of them would choose a billion-dollar tax cut for this group over funding for schools, parks, and infrastructure.

  • blog  February 23, 2023

    State Rundown 2/23: Tax Dominos Take Shape, Begin to Fall as Session Heats Up

    The 2023 legislative session is in full swing, and dominos continue to be set up as others fall…

  • blog  February 22, 2023

    The Five Best Tax Ideas Coming from Governors This Year

    The word “tax” appears 97 times and counting in one recent summary of governors’ addresses to state legislators so far this year. The policy visions that governors are bringing, however, vary enormously. While there’s good reason to worry about tax cuts for wealthy families and the flattening or elimination of income taxes, there are at least five great tax ideas coming directly out of governors’ offices this year.

  • blog  February 15, 2023

    State Rundown 2/15: Love You, Love You Not – Tax Edition

    This week, a fresh bouquet of tax proposals was delivered by state lawmakers, but not all of them have left us with that warm, fuzzy feeling in our stomachs…

  • blog  February 14, 2023

    The No Tax Breaks for Outsourcing Act Is Needed More than Ever

    The new corporate minimum tax enacted as part of last year’s Inflation Reduction Act will address some of the worst corporate tax dodging, but what else is needed? A group of Democrats have answered this question with the No Tax Breaks for Outsourcing Act.

  • blog  February 13, 2023

    Biden Says the Stock Buyback Tax Should Be Higher. Here are Three Reasons Why He’s Right.

    A higher tax on stock buybacks would reduce the tax disparity between dividends and buybacks, raise more revenue for productive public investments, and recoup some of Trump’s corporate tax cuts that went to wealthy shareholders.