These highlights capture the essence of the ITEP tracking of legislative tax policy discussions and their impact on small businesses, low-income and moderate-income families.
State lawmakers have a choice: advance equitable tax policy or push policies benefiting the wealthy.
Many state policymakers are expected to push for deep tax cuts despite worsening fiscal conditions.
Others are expected to create and expand refundable tax credits for low- and moderate-income families.
Some will advance new revenue proposals reflecting residents' ability to pay.
ITEP is tracking tax discussions and analyzing the impacts of these proposals across the country.
Comments