One year after the Supreme Court overturned the federal restriction on state authorization of legal sports gambling, seven states allow and tax sports wagers and several others are close to joining them. But despite sports betting’s ostensible popularity, the resulting state tax revenue is and...
The Tax Cuts and Jobs Act modestly decreased federal individual income taxes for most low- and middle-income families. However, the federal tax changes interacted with state laws in ways that meant some of these same families could see state tax increases. This brief discusses how implementing...
In 1967, the Supreme Court ruled in National Bellas Hess v. Department of Revenue of Illinois, that a business must have a physical presence within a state’s borders for the state to collect sales taxes from that business. In 1992, the court reaffirmed the physical presence requirement in Quill...
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,...
Senate Majority Leader Mitch McConnell (R-KY) recently said he is “in favor of allowing states to use the bankruptcy route,” instead of Congress providing them...
The $2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act signed into law last week will allocate roughly $200 billion in fiscal relief to...
States often fail at tax reform. But few efforts flop as spectacularly as Utah’s did. Utah passed sweeping tax reform legislation in December 2019. Utah...
Like most states, Colorado and Texas do not have legislative or gubernatorial elections in 2019. Still, their voters are facing tricky, and potentially far-reaching, tax...
Bloomberg recently reported that Sony sent Chicago a $1.2 million check , ending its legal challenge to the city’s so-called “Netflix tax.” That everyone called...
Three Tax Lessons from the First Year of Widespread Legal Sports Betting A year ago, the Supreme Court legalized one of America’s favorite illegal pastimes:...
Federal lawmakers ranging from Sherrod Brown to Paul Ryan have proposed expanding the earned income tax credit (EITC) for childless workers for years without enacting...
The earned income tax credit (EITC) is a highly effective policy for fighting poverty that has garnered widespread praise from both Democrats and Republicans. In...
Some low- and middle-income families in Colorado, Minnesota, New Mexico, and North Dakota are facing state income tax hikes. And the larger the family, generally...
Election Day 2018 has a bumper crop of voter initiatives on state taxes, ranging from new levies on carbon, payroll, motor fuels, marijuana, soda, and...
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,...
