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Senate Tax Plan’s End to SALT Deduction a Poor Trade for Tax Cuts for Wealthy

November 9, 2017

Senate Finance Committee Chairman Orrin Hatch’s new tax plan would reportedly eliminate the federal deduction for state and local taxes (SALT), which lets taxpayers who itemize deductions deduct state and local property taxes and either state and local income taxes or general sales...

quarter on graph

House Tax Bill’s Changes to State and Local Tax Deductions Would Hurt States

November 2, 2017

The House tax bill released today ends the federal deduction for state and local income and sales taxes and limits the deduction for state and local property taxes to taxes under $10,000 — all to pay for marginal income-tax rate cuts. That would be a bad deal for...

Form 1040 And Refund Check

SALT “Compromise”: Similar Harm to States as Full Repeal

October 31, 2017

The tax bill that House Ways and Means Committee Chairman Kevin Brady plans to release tomorrow will reportedly end the federal deduction for state and local income and sales taxes, but keep it for state and local property taxes. This “compromise” on state and local...

Dollar Bill Puzzle Pieces

Repeal of State and Local Deduction Is a Poor Trade for Tax Cuts for Wealthy

October 24, 2017

The tax plan from President Trump and congressional Republican leaders would end the federal deduction for state and local taxes (SALT) — which allows taxpayers who itemize deductions on their federal income taxes to deduct state and local property taxes and either state and local income taxes or general sales taxes — and use the revenue to pay for marginal income-tax rate cuts. Our...

Stack of Bills

Cassidy-Graham Would Hit State Budgets Hard, Restrict State Flexibility

September 22, 2017

Senators Bill Cassidy and Lindsey Graham’s bill to repeal and replace the Affordable Care Act (ACA) would annually shift tens and then hundreds of billions in health care costs to the states and also make it harder for states to raise their own share of Medicaid funds — despite Cassidy and Graham’s statements about respecting state flexibility. This one-two punch would severely strain state...

money puzzle

For States, Trump Budget Represents a Massive Cost Shift

May 24, 2017

President Trump’s budget would shift massive new costs to states by cutting federal funding for health care, food assistance, and many other areas. States can’t afford to assume these costs without raising taxes significantly so, instead, they’d very likely cut many key investments and public services.

Specifically, the Trump budget slashes:

  • Medicaid. The budget
  • ...
Budget Plans - Chartbook

Timeline: 5 Years of Kansas’ Tax-Cut Disaster

May 24, 2017

Update, June 7:  On June 6, the Kansas legislature, by a bipartisan two-thirds majority, overrode Gov. Brownback’s veto of a bill reversing most of the Brownback tax cuts.  We’ve update the timeline below accordingly.

Five years ago this week, Kansas Governor Sam Brownback signed one of the biggest income tax cuts a state has ever enacted, promising that they’d act “like a shot...

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Common-Sense Principles for Solving Kansas’ School Funding Crisis

May 19, 2017

Kansas lawmakers continue to debate how to find the revenue needed to fix a huge fiscal mess caused by the ill-advised, unaffordable tax cuts that Governor Sam Brownback signed into law in 2012. It’s a challenge: they need both to close the latest massive shortfall in the state’s beleaguered budget...

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Nevada Joins Maryland, New Mexico in Rescinding Calls for a Constitutional Convention

May 10, 2017

Nevada lawmakers yesterday unanimously rescinded the state’s past resolutions calling for a national convention to amend the U.S. Constitution. That’s important because other states — misled by arguments from the American Legislative Exchange Council (ALEC) and other groups — are calling for a convention, which...

State Budget and Tax - Constitution

Kansas Can’t Afford To Keep Its Cut to the Top Income Tax Rate

April 6, 2017

Kansas voters overwhelmingly want their legislature to reverse the damaging tax cuts enacted five years ago at the behest of Governor Sam Brownback, but the governor and some of the state’s lawmakers are determined to keep a particularly costly provision — the state’s...

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