News
State Rundown 4/8: Budget and Tax Packages Take Shape as Sine Die Approaches in Many States
2+ hour, 30+ min ago (899+ words) Institute on Taxation and Economic Policy State Rundown 4/8: Budget and Tax Packages Take Shape as Sine Die Approaches in Many States State legislative sessions are wrapping up, and final tax and budget packages are making their way to governors" desks....
Well, That Was Fast: Trump Tax Law's New Corporate Breaks are Already Worsening the Deficit
5+ mon, 4+ week ago (282+ words) Blog " Matthew Gardner A new Congressional Budget Office report finds the Trump administration's latest corporate tax cuts, enacted earlier this summer, are already worsening the already-challenging federal budget deficit. Corporate income taxes for the fiscal year that ended in September…...
State Rundown 9/4: Colorado Tackles Offshore Corporate Tax Avoidance, Paves Way for State Conformity Best Practices
7+ mon, 4+ day ago (1187+ words) Despite an increasingly bleak state revenue outlook, state lawmakers across the country continue to prioritize regressive tax cuts. State Rundown 9/4: Colorado Tackles Offshore Corporate Tax Avoidance, Paves Way for State Conformity Best Practices Despite an increasingly bleak state revenue outlook,…...
Colorado Lawmakers Propose Filling Trump-Induced Shortfall by Tackling Offshore Corporate Tax Avoidance
7+ mon, 1+ week ago (303+ words) Blog " Matthew Gardner One would bolster Colorado's corporate combined reporting regime by including corporate income reported in certain offshore tax havens in Colorado's potential income tax base." A temporary provision that disallows Colorado's version of the federal qualified business income…...
How Will the Trump Megabill Change Americans" Taxes in 2026?
8+ mon, 2+ week ago (461+ words) Report " By Steve Wamhoff (Federal Policy Director), Michael Ettlinger (Senior Fellow), Carl Davis (Research Director), Jon Whiten (Deputy Director) In analyzing the impact of the tax and spending megabill signed into law by President Trump on July 4 there is a…...
Analysis of Tax Provisions in the Trump Megabill as Signed into Law: National and State Level Estimates
9+ mon, 1+ day ago (273+ words) Brief " By Carl Davis (Research Director), Jessica Vela (Federal Analyst), Joe Hughes (Senior Analyst), Steve Wamhoff (Federal Policy Director) On July 4, President Trump signed into law the tax and spending "megabill" which makes permanent the provisions of the 2017 tax law…...