Some state budgeting strategies may take years to implement or require overcoming tough political challenges, but there’s one revenue play that does not: reducing a state’s tax gap, or the difference between taxes legally owed and taxes paid.

Undocumented immigrants are already ineligible for most of these refundable tax credits under current law. The rule would exclude other groups of people who are currently eligible, including Temporary Protected Status (TPS) holders, Deferred Action for Childhood Arrivals (DACA) recipients, pending asylum applicants with work authorization, U Visa holders, T visa holders, and some immigrants on work visas.

Taxes do not merely pay for government. They help make democratic government possible, argues TPC’s Vanessa Williamson in her new book, The Price of Democracy.

Each year, the OECD publishes Corporate Tax Statistics, a comprehensive roundup of corporate tax trends around the world. The latest edition shares three striking findings: corporations appear to be leaning into new types of targeted tax incentives; corporate tax revenues remain resilient and have grown for certain jurisdictions; and multinational firms continue to report a substantial share of their foreign profits in investment hubs.

New TPC analysis shows income differences explain most of the variation in the tax benefits that White, Black, and Hispanic households receive from last year’s budget reconciliation law, or the One Big Beautiful Bill Act (OBBBA). But income does not explain everything.