Institute on Taxation and Economic Policy (ITEP)

Pennsylvania

Pennsylvania Just Gave Low-Income Workers a Tax Credit Boost. Now It’s Philadelphia’s Turn.

In the same way states are building upon federal tax credits, localities should consider building on state tax credits.

States Can Create or Expand Refundable Credits by Taxing Wealth, Addressing Federal Conformity

Many states already recognize the potential of these credits to boost low- and moderate-income households. Other states should follow suit.

State Rundown 11/24: States Say ‘No Thank You’ to Federal Tax Cuts Reducing State Revenue

Lawmakers in two more states have wisely said “no thank you” to federal tax cuts that would have flowed through to their state tax codes and undermined funding for their priorities

State Rundown 11/13: States Tackle Impending Deficits, Pennsylvania Secures an EITC

Revenue forecasts look increasingly grim as states anticipate shortfalls due to the slowing economy and impacts of the new federal tax law.

State Tax Dollars Shouldn’t Subsidize Federal Opportunity Zones

The Opportunity Zones program benefits wealthy investors more than it benefits disadvantaged communities.

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States Begin Decoupling from Flawed ‘QSBS’ Tax Break

November 6, 2025 • By Nick Johnson, Sarah Austin

States Begin Decoupling from Flawed ‘QSBS’ Tax Break

A costly tax break for wealthy venture capitalists is drawing some critical attention from state policymakers.

State Rundown 11/5: Voters Say “Yes!” to Public Investments

Despite being an off-year election, voters made a call for shared public investments at the polls.

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The Potential of Local Child Tax Credits to Reduce Child Poverty

October 8, 2025 • By Kamolika Das, Aidan Davis, Galen Hendricks, Rita Jefferson

The Potential of Local Child Tax Credits to Reduce Child Poverty

Local governments have a critical role to play in reducing child poverty. Local Child Tax Credits could provide large tax cuts to families at the bottom of the income scale, lessening the overall regressivity of state and local tax systems.

Quite Some BS: Expanded ‘QSBS’ Giveaway in Trump Tax Law Threatens State Revenues and Enriches the Wealthy

States should decouple from the federal Qualified Small Business Stock (QSBS) exemption.