A higher tax rate on multimillionaires would have been eye-catching, but its revenue would have been less so, by some estimates. Approximately 85% of the income from super-rich households with at ...

The parents of an estimated 910,000 California children would lose the credit because their child has at least one undocumented immigrant parent without a Social Security number, according to an ...

So far this costly bill appears to double down on trickle down, with huge tax cuts that will further enrich the rich and not much for the rest of us,” Amy Hanauer, director of the Institute on ...

“So far this costly bill appears to double down on trickle down, with huge tax cuts that will further enrich the rich and not much for the rest of us,” Amy Hanauer, the executive director of the ...

The final budget adopted by the Maryland General Assembly shows progress in advancing tax equity in the state while ...

Countries that once looked to the U.S. for direction on tax policy have concluded they need to form alliances without us. If ...

The rampant uncertainty this year extends far beyond the national economy and federal policy, as many state legislatures are ...

With spring in full bloom ,many state lawmakers are reaching tax policy agreements. Out west, lawmakers in North Dakota and Texas have moved major property tax cuts. Meanwhile, in the east and south, ...

We explain how this type of program could work, and we explore some of its implications, especially for rural communities. In doing so, we focus our analysis on the bill currently before Congress: the ...

The Legislature is at a standstill, with two seemingly competing visions for the future of taxes in Florida. On ...

The Institute on Taxation and Economic Policy’s Neva Butkus explains how state-level EITCs supports families and workers by offsetting regressive state tax systems: ...

This written testimony was submitted to the Rhode Island House Finance Committee on May 6, 2025.  Thank you for ...