All told, most states still conform to federal tax treatment under Opportunity Zones. As a result, they further subsidize ...

Important tax measures were on the ballot this week, and the outcomes are clear: many voters support new state and local ...

A costly tax break for wealthy venture capitalists is drawing some critical attention from state policymakers.

The progressivity of the federal tax code has been waning. State and local policymakers should respond by protecting their ...

Mamdani’s ideas are very popular and would solve basic problems. Democrats now hold large majorities in the legislature, and some see economic and ...

Revenue forecasts look increasingly grim as states anticipate shortfalls due to the slowing economy and impacts of the new federal tax law. Some states, like Illinois and Delaware, are working to ...

In 2026, Kentucky’s richest 5% will receive $3.4 billion from tax cuts enacted over the last decade. That’s revenue ...

One of the most important functions of government is to maintain a high-quality public education system. In many states, however, this objective is being undermined by tax policies that redirect ...

Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Most of that amount, $59.4 billion, was paid to the federal government while the remaining $37.3 billion was paid ...

Since 2000, tax cuts have reduced federal revenue by trillions of dollars and disproportionately benefited well-off households. From 2001 through 2018, significant federal tax changes have reduced ...

Fairness Matters: A Chart Book on Who Pays State and Local Taxes Is California Really a High-Tax State? All figures and charts show 2024 tax law in Illinois, presented at 2023 income levels. Senior ...