Taxes defined Congress’s agenda for much of 2017, culminating in passage of the Tax Cuts and Jobs Act (TCJA) in late December. Because of that new federal law, taxes will dominate many state legislative sessions in 2018. The TCJA changed many federal tax provisions, and how states choose to...
Current discussions about federal tax reform include a number of proposals that could impact the states. These items may broaden the tax base and increase state revenue, or put pressure on states to cut taxes and reduce revenue, or even create administrative challenges for states. In this...
To help analysts craft next year’s state budgets, and to help reporters explain them and the public understand them, we compiled the Urban Institute’s and the Tax Policy Center’s best state-focused research in one place. The research in this compendium will help analysts better evaluate agency...
This year, Congress will consider what may be the biggest tax bill in decades. This is one of a series of briefs the Tax Policy Center has prepared to help people follow the debate. Each focuses on a key tax policy issue that Congress and the Trump administration may address. This brief...
This year, Congress will consider what may be the biggest tax bill in decades. This is one of a series of briefs the Tax Policy Center has prepared to help people follow the debate. Each focuses on a key tax policy issue that Congress and the Trump administration may address. This brief looks at...
The election of Donald Trump as president and Republican majorities in Congress have Washington primed for major legislative reforms. But it’s important to keep in mind that what the new government in the nation’s capital does will reverberate in all 50 statehouses. Knowing changes are coming,...
This year, Congress will consider what may be the biggest tax bill in decades. This is one of a series of briefs the Tax Policy Center has prepared to help people follow the debate. Each focuses on a key tax policy issue that Congress and the Trump administration may address. This brief walks...
This paper updates an analysis of Hillary Clinton’s tax proposals, which would raise taxes on high-income taxpayers, increase the child tax credit, modify taxation of multinational corporations, reform capital gains taxes, and increase estate and gift taxes. Her proposals would increase revenue...
Tax policy is one of the most challenging and controversial components of state governance. Determining how and from whom to collect revenue involves questions of equity, fairness, efficiency, and simplicity. As a result, states often create special tax commissions before attempting major tax...
Seattle is currently having a contentious debate over a proposed "head tax" to fund more affordable housing and services for its large and growing homeless...
Philadelphia’s tax on drinks with a sugar-based sweetener or artificial sugar substitute is not bringing in as much revenue as originally projected. As a result,...
Taxes are front and center in the only two gubernatorial races this year. The Virginia campaign centers on the Republican candidate’s individual income tax cut...
President Trump’s proposed 2018 budget would result in deep cuts to federal payments to states. Federal funds currently account for nearly a third of state...
The Trump administration is focusing on infrastructure this week. In a series of events, the president and his staff will promote their $1 trillion investment...
If the Trump administration ends legal marijuana sales in America, an idea Attorney General Jeff Sessions supports , states collectively could lose billions of dollars...
Still recovering from the Great Recession and grappling with troubling fiscal trends , state budgets are already causing headaches for governors and legislators across the...
Whenever you purchase something online from a retailer not located in your state, chances are the tax is not collected. This costs states billion in revenue, putting additional stress on state budgets.
Hillary Clinton and Donald Trump have proposed major changes to US tax policy, but they have dramatically different visions of what the tax code should...
Lester Holt, the moderator for tonight’s presidential debate between Hillary Clinton and Donald Trump, announced the debate’s topics last week: America’s direction, achieving prosperity, and...
Hillary Clinton and Donald Trump have proposed dramatically different tax plans. Clinton wants to raise taxes on high-income households and businesses to boost revenue and pay for new social initiatives.
Democratic presidential nominee Hillary Clinton’s tax proposals would raise $1 trillion over the coming decade—and nearly all of it would come from high-income households.
Tim Kaine, Hillary Clinton’s choice for vice president, served as governor of Virginia from 2006 to 2010 (the state has a one-term limit). During his...
