Institute on Taxation and Economic Policy (ITEP)

Tips and Overtime

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A Year Later, Many States Have Decided Not to Double Down on Trump’s Tax Cuts

• By Nick Johnson

Nearly one year after the Trump tax law was signed, many of the 42 states with income taxes are declining to incorporate significant parts of the new law into their own tax codes.

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State Rundown 6/11: Taxing the Rich Heats Up

• By ITEP Staff

As we head into summer, many state legislatures are in the final stretches of their sessions. Rhode Island moved another step closer to joining the ranks of Washington, Maine, and Hawai’i in enacting a new high-income surcharge this year.

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State Rundown 4/30: Aloha to Tax Cuts, Hawaiʻi Lawmakers Address Revenue Gap with High-End Tax Changes

• By ITEP Staff

This week Hawaiʻi lawmakers reached a compromise to balance the state budget and maintain tax cuts for most residents by, in part, raising rates on the richest Hawaiians. Other states are working to generate revenue from their wealthiest residents, too.

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State Rundown 4/23: While Some States Stop Digging, Others Move Full Steam Ahead with Anti-Affordability Agendas

• By ITEP Staff

Missouri lawmakers passed legislation that will have residents vote on a proposal at the ballot box. The ask: for them to pay more in sales taxes to offset cuts – and the possible elimination – of the state's individual income tax, which makes up nearly two-thirds of Missouri’s general fund.

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While States Debate New Trump Tax Changes, Equity Must Be at the Core

• By Brakeyshia Samms

States continue to debate whether and how to link their state tax codes to the 2025 federal tax law. This is not just a technical debate.

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State Rundown 4/8: Budget and Tax Packages Take Shape as Sine Die Approaches in Many States

• By ITEP Staff

State legislative sessions are wrapping up, and final tax and budget packages are making their way to governors’ desks.

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State Rundown 4/1: No Fooling Around Anymore in Washington, But Cruel Pranks in South Carolina

• By ITEP Staff

In Washington, Gov. Bob Ferguson and lawmakers decided to stop fooling around with one of the nation’s most upside-down tax codes and finally brought to life a new millionaires’ tax, the first new income tax created in a state since 1991.

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

• By ITEP Staff

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 2/11: This Valentine’s Day, Conscious Decoupling Is Our Love Language

• By ITEP Staff

While some may be excited for a romantic Valentine’s Day this weekend, many state lawmakers are breaking up and decoupling from recent federal tax changes that are poised to leave states with revenue shortfalls – much like a bad date who forgets their wallet and asks you to pick up the tab.

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

• By ITEP Staff

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