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August 15, 2023
Does Your State Offer Tax Credits for Private K-12 School Voucher Contributions?
Twenty-one states provide public support to private and religious K-12 schools through school voucher tax credits.
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blog
August 14, 2023
Celebrating One Year Since the Landmark Inflation Reduction Act
The Inflation Reduction Act was a course correction from decades of tax cuts that primarily went to the richest Americans and left the rest of us with budget shortfalls that conservative lawmakers now seek to plug with cuts to Social Security and Medicare. For the first time in generations we are finally asking those who have benefited the most from our economy to contribute back.
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August 10, 2023
State Rundown 8/10: Pump the 'Breaks' on Sales Tax Holiday Celebrations
August is here, school is starting, and with that comes back to school shopping…
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brief
August 7, 2023
Weakening the SALT Cap Would Make House Tax Package More Expensive and More Tilted in Favor of the Wealthiest
The three tax bills that cleared the House Ways and Means Committee in June are reportedly stalled due to some House Republicans’ demands that the package include provisions weakening the $10,000 cap on deductions for state and local taxes (SALT). Modifying the House tax package in this way would make it much more expensive while benefiting the richest fifth of taxpayers almost exclusively.
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August 4, 2023
What States Have Sales Tax Holidays in 2023?
The number of states with sales tax holidays on the books fell to 19 in 2023 from 20 in 2022. Yet even as slightly fewer states have them, they are estimated to cost much more. In 2023, sales tax holidays will cost states and localities nearly $1.6 billion in lost revenue, up from an estimated $1 billion just a year ago.
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August 3, 2023
A Lot for A Little: Gimmicky Sales Tax Holidays Are an Ineffective Substitute for Real Sales Tax Reform
This year, 19 states will forgo a combined $1.6 billion in tax revenue on sales tax holidays—politically popular, yet ultimately ineffective gimmicks with minimal benefits and significant downsides.
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brief
August 2, 2023
Sales Tax Holidays: An Ineffective Alternative to Real Sales Tax Reform
Nineteen states have sales tax holidays on the books in 2023, and these suspensions will cost nearly $1.6 billion in lost revenue this year. Sales tax holidays are poorly targeted and too temporary to meaningfully change the regressive nature of a state’s tax system. Overall, the benefits of sales tax holidays are minimal while their downsides are significant.
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July 26, 2023
State Rundown 7/26: The Dog Days of Summer Tax News
The Dog Days of summer are upon us, and with most states out of session and extreme heat waves making their way across the country, it’s a perfect time to sit back and catch up on all your favorite state tax happenings (ideally with a cool drink in hand)…
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July 18, 2023
States and Localities are Making Progress on Curbing Unjust Fees and Fines
Too many state and local governments tap legal-system collections, rather than adequate tax systems, to fund shared essentials like public safety and education. But a growing number of states and localities are choosing a better approach. Momentum for change has continued to build in 2023, with no fewer than seven states enacting substantial improvements.
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July 12, 2023
State Rundown 7/12: The Mid-Year Legislative Session Roundup
Most state legislatures have adjourned for 2023, and that means it’s a perfect time to look at the tax policy trends that have formed thus far…