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Posts on State Budget And Tax
April 10, 2018

Today is Equal Pay Day, when we recognize the persistent gap in earnings between women and men. It’s also an opportunity to think about things that states can do — such as adopting or increasing state earned income tax credits (EITCs), raising minimum wages, and investing in child care and paid leave — to buoy low-paid women who support themselves and their families.

Looking at full-...

Factory worker
April 9, 2018

With people focused on filing their tax returns for last year, it’s a good time to consider the future effect of the new federal tax law, which gives big tax cuts to corporations and wealthy families while hurting the nation’s ability to finance public services and...

Top 1 Percent Will Receive More Dollars From New Federal Tax Cuts Than Bottom 60 Percent of Households in Almost Every State
March 26, 2018

A requirement in some states that tax-raising legislation pass only with supermajorities in each house can limit the ability of state lawmakers to promote broad-based prosperity. Oklahoma’s supermajority requirement, among the nation’s strictest, caused the defeat earlier this year of much-needed tax reforms that would have begun to address...

Oklahoma Tax Revenues Have Dropped by 17 Percent Since 1990 as Share of Personal Income
March 26, 2018

Media coverage of possible teacher strikes in Arizona and Oklahoma, following one in West Virginia, has often overlooked an important contributing factor in those states: excessive state tax cuts that have shrunk state revenues and thereby made it harder for states to devote adequate resources to education. Reductions in state education funding largely due to tax cuts have limited pay and...

AZ and OK: General Fund Resources Have Fallen by Roughly One-Third as Share of Personal Income
March 22, 2018

As states develop legislation to adapt their tax laws to the new federal tax law, corporate lobbyists and anti-tax advocates are trying to capitalize on the legislative process to secure state tax breaks that they’ve been seeking for years. If they succeed, states will lose tax revenues that they otherwise could be allocating to strengthen schools, infrastructure, and other state services by,...

money puzzle
March 14, 2018

Senate Democrats’ new Jobs & Infrastructure Plan for America’s Workers would invest roughly $1 trillion in public transit, roads, schools, water treatment plants, housing, and other critical infrastructure to create better-paid jobs, boost broadly shared economic growth...

Man Building House
March 6, 2018

The Supreme Court is considering whether public sector unions can require non-members to pay fees to cover certain union expenses and, if it decides they can’t, that likely will mean that such unions will lose members, hurting their ability to bargain collectively with employers. That, in turn, could worsen income inequality, which has been growing across the country and in individual states...

Public Workers in States That Allow Fair Share Fees Are Twice As Likely to Join a Union
March 2, 2018

Oregon lawmakers are about to repeal an effective 2013 law that limits corporations’ ability to cut their taxes by shifting profits they earned in the state to their subsidiaries in foreign tax havens.  Corporate representatives argue that Oregon no longer needs the law because the state can piggyback on new federal rules — under the new tax law that President Trump and Congress...

quarter on graph
February 28, 2018

The federal Earned Income Tax Credit (EITC) helps working families making low wages meet basic needs, but the new federal tax law will erode the credit’s value over time. Since all but one of the 29 states (and the District of Columbia) with state-level EITCs...

New Tax Law Erodes Federal and State EITCs by Slowing Their Inflation Growth
February 27, 2018

Tax cut proponents claim that North Carolina’s tax cutting is a model for other states that want to boost their economies, but the tax cuts not only produced no economic surge and set the stage for ...

2013 Tax Cuts Worsen Racial Wealth Inequities in North Carolina