Institute on Taxation and Economic Policy (ITEP)

Tips and Overtime

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

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.

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

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

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

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.

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 […]

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

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.

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.