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Pre-2005 Content Archive

Report

Raising State Income Taxes on High-Income Taxpayers

Key Findings

  • Raising income taxes on a small number of states’ highest-earning households can help close budget gaps. Structuring such a change is administratively simple and can be implemented quickly.
  • Nationwide, some $8 billion could be raised if every state with a personal income tax enacted a 1 percent rate increase on households making more than $500,000 a year.
  • Because many filers can deduct state income taxes from their federal taxable income, high-bracket taxpayers will find that state increases “net out” to less than they appear.
Report

Podcast: Maine and Washington Reject TABOR

Senior advisor Iris Lav discusses voters’ rejection of TABOR — a strict state spending restriction — in Washington and Maine, and the implications for other states.

Duration:  4:00

Report

Podcast: Climate Change Testimony

The Center’s Chief Economist, Chad Stone, testifies before the Senate Committee on Energy and Natural Resources on how low-income households will be affected by climate change policy.

Duration: 7:24

Report

Podcast: The Safety Net’s Response to the Recession

Director of the Center’s Welfare Reform and Income Support Division, Dr. LaDonna Pavetti, testifies on the safety net's response to the recession before the U.S.  House of Representative's Ways and Means Subcommittee on Income Security and Family.

Duration: 10:55