November 20, 2024 • By ITEP Staff
This week, there are high-profile budget and tax debates at both the state and local levels. The Louisiana legislature continues to debate Gov. Jeff Landry’s deeply regressive tax package in a special session focused on replacing corporate and personal income tax revenue with additional sales taxes, but some efforts to find offsets for the cuts […]
November 7, 2024 • By ITEP Staff
Tax policy results are mixed across the country as many voters weigh in on state and local ballot measures. For example, Washington state voted to maintain its new progressive tax on capital gains; Georgia voters capped growth in property tax assessments; Illinois voters approved a call for a millionaires’ tax; North Dakota voters rejected property […]
October 24, 2024 • By ITEP Staff
Louisiana Gov. Jeff Landry is proposing a regressive tax reform package that would enact a flat personal and corporate income tax while expanding the state’s sales tax base and eliminating certain exemptions to make up for a portion of the lost revenue. West Virginia continues to chip away at its personal income tax, one of the state’s few progressive revenue options. And advocates in New York are rallying around a package of progressive tax legislation that would tax capital gains at higher rates, enact higher income tax brackets on multi-millionaires, and tax unrealized capital gains of billionaires.
October 10, 2024 • By ITEP Staff
This week several states are getting an early start at writing new tax policy in special sessions. In West Virginia, the legislature has come to an agreement with Gov. Justice on an additional tax cut—on top of already-planned cuts. The 2 percent cut will cost the state $49 million a year and come from spending […]
September 18, 2024 • By ITEP Staff
As the dust settles...
September 5, 2024 • By ITEP Staff
Property tax bills are undeniably a concern for many low- and moderate-income households across the nation...
August 8, 2024 • By ITEP Staff
Whether they’re in a special session, gearing up for one, or prepping for 2025, states around the country are focusing on important tax fights...
July 25, 2024 • By ITEP Staff
State lawmakers will have a lot to discuss when they compare notes on how they spent their summer vacations this year...
July 11, 2024 • By ITEP Staff
While Massachusetts legislators recently dropped a real estate transfer tax from their major housing bill, the District of Columbia council sent a budget to the mayor that includes a mansion tax that would increase the tax rate on properties valued over $2.5 million. Meanwhile, lawmakers in New Jersey and South Carolina continue to, respectively, raise and reduce needed revenues.
June 26, 2024 • By ITEP Staff
Many families are heading out on summer vacations, but legislators across the country are heading back to statehouses for special sessions...
June 13, 2024 • By ITEP Staff
State budgets are falling into place as lawmakers near the end of their legislative sessions...
June 6, 2024 • By ITEP Staff
This week, it was the best of times or, in some cases, the worst of times for tax policy in two different states...
May 30, 2024 • By ITEP Staff
Legislative sessions across the country are still very much in for summer, which means more pencils, more budgets, and more tax plans...
May 22, 2024 • By ITEP Staff
State legislatures are wrapping up, but don’t stray too far from your state capital or you’ll miss out on the action...
May 15, 2024 • By ITEP Staff
Uncertainty abounds in state tax debates lately...
May 9, 2024 • By ITEP Staff
This week, special sessions with major tax implications are in the air...
May 2, 2024 • By ITEP Staff
This week, many states took steps toward enacting tax cuts...
April 24, 2024 • By ITEP Staff
Many state legislative sessions are wrapping up...
April 17, 2024 • By ITEP Staff
Happy (belated) Tax Day!
April 3, 2024 • By ITEP Staff
This week tax cuts were debated across the upper Midwest...
March 28, 2024 • By ITEP Staff
While madness is typically reserved for basketball in March, several high-profile, regressive tax cuts are making their way through state legislatures this week...
March 20, 2024 • By ITEP Staff
Over the past week Utah continued its slow march toward a more inequitable tax code...
March 14, 2024 • By ITEP Staff
Many state legislative sessions are in the final stretch...
March 6, 2024 • By ITEP Staff
Anti-tax interests finally found the end of the tax cutting appetite in a few states this week...
February 28, 2024 • By ITEP Staff
State legislative sessions are in full swing with New Jersey and Oklahoma both particularly active this week...