Pennsylvania

ITEP’s report on taxing advertising identifies some reasons why states are curtailing longstanding sales tax exemptions for the ad sector.

As rising costs strain our community and household budgets, Philadelphia Mayor Cherelle Parker’s proposed taxes attempted to patch gaping holes with meager solutions.

Policymakers in Maine and Oregon wisely said “no” last week to an income tax break for deep-pocketed tech investors and venture capitalists that was expanded in last year’s federal tax bill.

The results are a mixed bag, with some states enacting promising policies that will improve tax equity and others going in the opposite direction.

Despite wintry conditions across much of the country, that hasn’t stopped state lawmakers from debating major tax policy changes.

They should take steps to protect and boost their own revenues. And they should take a second look at their own tax cuts.

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

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