Institute on Taxation and Economic Policy (ITEP)

South Dakota

State Rundown 3/26: Sobering Revenue Projections Keep States on Their Toes

This week, troubling revenue projections are making headlines, with many lawmakers scrambling to determine how the tax changes at the federal level, plus price hikes driven by national policy decisions, will impact their states.

Stateline: Republican Push To Increase Sales Taxes Would Fall Hardest on Lower-Income Residents

March 19, 2026

Lawmakers consider increasing sales taxes to offset budget cuts to property or income taxes. This will force lower- and middle-income residents, who spend a larger share of their earnings than the wealthy, to foot more of the bill for state services. Read more.

State Rundown 3/18: New Mexico Enacts Most Significant Corporate Tax Reform of the Year

As states lawmakers continue to weigh their linkages to the federal tax code in light of the recent federal tax law, New Mexico provides a blueprint for limiting multinational corporate tax avoidance.

State Rundown 3/12: Washington Lawmakers Pass Millionaires’ Tax, Expand Working Families Tax Credit

Washington is on its way to making history after the legislature approved the “millionaires’ tax,” a 9.9 percent tax on income over $1 million. The bill, which is expected to raise more than $3 billion a year, making significant investments in public education and childcare, will also expand the Working Families Tax Credit – the […]

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State Rundown 2/25: Sausage-Making Season Is Upon Us

February 25, 2026 • By ITEP Staff

State Rundown 2/25: Sausage-Making Season Is Upon Us

National Sausage Month isn’t until October, but now is the time of year when state lawmakers are really diving into their sausage-making processes, as separate legislative houses and oftentimes political parties send competing bills, budgets, and visions back and forth to grind out their differences.

Education Week: How Do Schools Solve a Problem Like Property Taxes?

February 19, 2026

As tax season dawns, backlash to a nationwide surge in property-tax bills is spurring states to double down on proposals to diminish one of the main revenue sources for school districts. At least 10 states are pitching the end of one of schools’ chief revenue sources. Read more.

State Rundown 2/5: Icy Roads Do Not Slow Tax Policy Debates

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

Trust Reform is Needed to Protect States, Especially in the Wake of IRS Enforcement Cuts

Trust use is widespread among the wealthiest households, with reports showing that roughly half of the nation’s wealthiest people rely on trusts for tax avoidance reasons

State Rundown 1/28: State Tax Cutting Plans Face Scrutiny

As state legislative sessions ramp up across the country, property taxes are one of many issues dominating tax policy conversations in statehouses.