Institute on Taxation and Economic Policy (ITEP)

South Dakota

Extending Temporary Provisions of the 2017 Trump Tax Law: National and State-by-State Estimates

The push by Congressional Republicans to make the provisions of the 2017 Tax Cuts and Jobs Act permanent would cost nearly $300 billion in the first year and deliver the bulk of the tax benefits to the wealthiest Americans.

State Rundown 5/3: Policy Debates Unfold from Capitol to Capital

While the conversations on the debt ceiling heat up in the nation's capital, debates on state tax policy also continue to unfold in capitol buildings across the nation...

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8 Things to Know About State Taxes

April 12, 2023 • By Jon Whiten

8 Things to Know About State Taxes

As Tax Day approaches, it’s worth thinking about not only the taxes that we individually pay but the overall condition of our tax code as well. State tax codes, while perhaps less discussed than the federal system, are critically important. Depending on how they are designed, state taxes can improve or worsen economic and racial […]

State Rundown 3/23: A Spring Awakening of Tax Proposals

As nature bursts into life and color with the arrival of spring, state tax proposals are doing the same as the legislative seeds planted by lawmakers earlier this year start to grow, blossom, and in some cases rot. However, some governors are not entirely happy with what state lawmakers have produced.

State Rundown 3/9: The Whirlwind 2023 Legislative Session Continues

State 2023 legislative sessions are proving to be eventful ones. With many states eager to make use of their budget surpluses, major tax changes are still being proposed and others signed into law. Michigan residents will soon see an increase to their state Earned Income Tax Credit (from 6 percent to 30 percent) after the […]

State Rundown 3/1: The Long March to the Finish Line

This week, several big tax proposals took strides on the march toward becoming law...

State Rundown 2/23: Tax Dominos Take Shape, Begin to Fall as Session Heats Up

The 2023 legislative session is in full swing, and dominos continue to be set up as others fall...

State Rundown 2/1: February Brings New (and Some Old) Tax Policy Conversations

Tax bills across the U.S. are winding their way through state legislatures and governors continue to set the tone for this year’s legislative sessions...

State Rundown 1/19: ITEP Provides a Roadmap for Equitable Tax Goals in 2023

State legislatures are buzzing as leaders and lawmakers jockey to advance their 2023 goals...

State Rundown 1/11: Governors Ready to Talk Tax in 2023 State Addresses

Governors have begun their annual trek to the podium in statehouses across the U.S. to lay out their visions for 2023, and so far, taxes look like they will play a major role in debates throughout state legislative sessions...

State Rundown 11/30: ‘Lame Duck’ December Could Have Major Tax Implications

As federal lawmakers begin their lame duck deliberations, the revival of the expanded child tax credit remains a strong possibility...

State Child Tax Credits and Child Poverty: A 50-State Analysis

Regardless of future Child Tax Credit developments at the federal level, state policies can supplement the federal credit to deliver additional benefits to children and families. State credits can be specifically tailored to meet the needs of local populations while also producing long-term benefits for society as a whole

Tax Foundation’s ‘State Business Tax Climate Index’ Bears Little Connection to Business Reality

The big problem with the Index is that it peddles a solution that not only falls short of the goal of generating business investment, but one that actively harms state lawmakers’ ability to provide the kinds of public goods – like good schools and modern, efficient transportation networks – that businesses need and want.

Gimmicky Sales Tax Holidays Are Short-Term and Ineffective

Everyone loves a deal, so it’s no surprise why the appeal of the state sales tax holiday continues to persist. This year, 20 states will forgo more than $1 billion in combined revenue to enact a variety of sales tax holidays that—like most things that are too good to be true—will do little to provide meaningful benefits and instead undermine funding for public services.

State Rundown 7/27: It’s (Sales Tax) Holiday Season, But Who’s Really Celebrating?

It’s the holiday season – well, the sales tax holiday season, that is. But after taking a closer look, you may notice that there is little to celebrate...

State Rundown 6/8: Tax Policy Features Prominently During Budget and Primary Season

As voters head to the polls to weigh in on their state’s primary elections and legislators convene to hash out budget deals, tax policy remains atop the agenda...

State Rundown 5/11: Mid-Year Special Elections and Primary Season Kicks Off with Taxes in the Spotlight

As 2022 inches closer to its midpoint, important tax policy decisions are being put in the hands of voters, as special elections and the primary season begin...

State Rundown 3/9: One State Stands Out Amid the Avalanche of Tax Cuts

The avalanche of regressive tax-cut proposals coming out of state legislatures has not slowed over the course of the winter months, but one state has provided a shot of hope to advocates of tax equity...

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State Rundown 3/2: State Tax News When You Need It

March 2, 2022 • By ITEP Staff

State Rundown 3/2: State Tax News When You Need It

ITEP is happy to announce the launch of our new State Tax Watch page, where you can find out about the most up-to-date tax proposals and permanent legislative changes happening across the country...

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State Rundown 2/23: Temporary Surplus, Permanent Cuts

February 23, 2022 • By ITEP Staff

State Rundown 2/23: Temporary Surplus, Permanent Cuts

Several state legislatures are continuing to push ahead this year with significant tax cut packages that are regressive and would dramatically reduce revenues and leave states in a bad position should they experience another unexpected economic shock...

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State Rundown 2/10: Dems Also Set Sights on Tax Cuts

February 10, 2022 • By ITEP Staff

State Rundown 2/10: Dems Also Set Sights on Tax Cuts

While record state revenue surpluses have led to big pushes in red states to make unnecessary permanent income and corporate tax cuts, Democrats are also getting in on the tax-cut mania...

State Rundown 1/13: The Tax Cuts Cometh, But There Is a Better Way

As expected, with the start of many new legislative sessions around the country, lawmakers have introduced a slew of tax cut plans following better-than-expected budget outlooks that have, so far, weathered the impact of the pandemic...

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State Rundown 1/5: New Year, Same Old Playbook

January 5, 2022 • By ITEP Staff

State Rundown 1/5: New Year, Same Old Playbook

The new year often brings with it a reinvigorated commitment to new goals and a fresh perspective on how to accomplish them, but it seems like lawmakers in states around the country are giving up already...

State Rundown 11/10: It’s Beginning to Look a Lot Like…Election Season?!

If the leaves are turning colors and you find yourself walking out of the office into pitch-black darkness, it only means that time of the year is upon us—and no, I'm not talking about the holiday season. Before that, it’s the equally important election season...

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State Rundown 10/13: Haven Sent Edition

October 13, 2021 • By ITEP Staff

State Rundown 10/13: Haven Sent Edition

The release of the ‘Pandora Papers’ showed once again that states and their tax systems play an important role in wealth inequality, and in this case, worsening it...