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blog
April 9, 2025
State Rundown 4/9: A Progressive Pushback
Residents and state lawmakers across the country are pushing back against anti-tax measures and are looking for ways to protect revenue and advance proposals that would raise revenue in progressive ways. This comes at a time when federal policy brings significant risks for state tax revenue.
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brief
April 9, 2025
Sharp Turn in Federal Policy Brings Significant Risks for State Tax Revenues
Summary The new presidential administration and Congress have indicated that they intend to bring about a dramatic federal retreat in funding for health care, food… -
brief
April 8, 2025
A Windfall for the Wealthy: A Distributional Analysis of Mississippi HB 1
Mississippi lawmakers have approved the most radical and costly change to the state’s personal income tax system to date. House Bill 1 ultimately eliminates the state’s personal income tax and cuts state revenues by nearly $2.7 billion a year when fully implemented. This deeply regressive legislation will create a windfall for the wealthiest residents of the poorest state in the nation while simultaneously jeopardizing the state’s ability to fund public services that support Mississippians and the state’s economy.
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blog
April 7, 2025
Philadelphia Mayor's Proposal to Cut Business Taxes is Illogical and Imprudent
Mayor Cherelle L. Parker’s proposal to cut the city’s business income and receipts tax (BIRT), based off the Philadelphia Tax Reform Commission’s recommendation, is illogical and imprudent. This is more than the city spends each year on homelessness services, public health, the streets department, and countless other programs that directly benefit residents.
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blog
April 4, 2025
What the Wall Street Journal Editorial Board Got Wrong About Tesla's Tax Avoidance
Tesla’s income tax avoidance is still in the news, and that’s a good thing.
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blog
April 4, 2025
Senate Republicans Rig Congressional Rules to Make Their Tax Cuts Appear Cost-Free
This week, members of Congress are arguing about whether extending Trump’s 2017 tax cuts would cost trillions of dollars over a decade or cost nothing.
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blog
April 3, 2025
State Rundown 4/3: Amidst Tariff Uncertainty, State Lawmakers Talk Taxes
While all eyes are on the Trump administration’s tariffs on foreign imports, state lawmakers are moving forward with a mix of deep, regressive tax cuts and progressive revenue raisers.
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map
April 2, 2025
When Did Your State Enact an Earned Income Tax Credit (EITC)?
The Earned Income Tax Credit (EITC) supports millions of workers and families and continues to grow in states and localities across the country. Today, 31 states plus the District of Columbia and Puerto Rico offer EITCs. Local EITCs can also now be found in Montgomery County, Maryland, New York City, and San Francisco, where they benefited 700,000 households in 2023.
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blog
March 28, 2025
Celebrating 50 Years of the Earned Income Tax Credit
This week, we celebrate 50 years of the federal Earned Income Tax Credit (EITC) and the impact it’s had on millions of workers and families. In 2023 alone, the latest year of available data, the federal EITC alongside the refundable portion of the Child Tax Credit lifted 6.4 million people and 3.4 million children out of poverty.
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brief
March 28, 2025
Advantaging Affluence: A Distributional Analysis of Missouri HB 798’s Uneven Tax Cuts for Wealth and Work
Missouri House Bill 798 would reduce personal and corporate income tax rates, fully eliminate taxes on capital gains income from sale of assets, and eliminates the state’s modest Earned Income Tax Credit that assists many working people in lower-paid jobs. HB 798 would radically transform Missouri’s income tax code into a system that privileges income from wealth over income from work, leaving many middle-income families to pay a higher income tax rate than wealthy people living off their investments.
