The past two years were a great time to make state tax policy. Booming revenue collections combined with hundreds of billions of dollars from Congress...
Americans voted on dozens of ballot initiatives this year, including tax hikes, tax cuts, cannabis taxes, sports betting, and even the future of ballot measures...
Arkansas, Maryland, Missouri, North Dakota, and South Dakota will vote on legalizing recreational marijuana this November. And cannabis initiatives are already on the 2023 or...
Earmarking tax dollars comes with a price, giving today’s voters the power to decide how tomorrow’s state tax dollars will be spent. Is that power worth it?
President Biden’s plan to raise taxes on very high-income households died in Congress. But the idea of lives on. Initiatives on November ballots in California...
After years of growth, some states saw cannabis tax collections decline for the first time in fiscal year 2022. But, while politicians occasionally promote marijuana...
Thanks to surging tax revenues and an unprecedented infusion of federal aid, many states cut taxes over the past two years by lowering individual income tax rates, expanding tax credits, or sending one-time checks to residents. But there is another way states can use these funds: reduce or eliminate some local criminal legal fines and fees.
The Biden administration’s plan for broad-based student loan forgiveness of up to $20,000 per individual won’t affect borrowers’ federal tax bills, but it could have...
