The U.S. Treasury Department said Thursday it plans to reclassify certain refundable tax credits as “federal public benefits,” which ...
The 2025 federal tax law risks making 529 plans more costly for states by increasing tax avoidance and allowing wealthy ...
Eliminating Georgia’s income tax would represent the largest transfer of wealth from working and middle-class families to high income ...
To make sure every community in Virginia is a good place to live, work, and raise a family, we must invest in quality public education, health care, affordable housing, access to food, and other ...
The public has supported raising taxes on the ultrarich and corporations for years, but policymakers have not responded. Small ...
Vacancy taxes will not single-handedly solve problems in cities, but they are worth considering to address housing shortages, ...
Last week, President Trump used social media to propose, probably with no plan of any kind, that his tariffs would be used to fund payments to U.S. households. “A dividend of at least $2,000 a person ...
As Jesse Drucker reported in the New York Times, Trump’s Treasury Department is going even further, issuing regulations that go far beyond the department’s constitutional role in interpreting tax ...
In 2026, Kentucky’s richest 5% will receive $3.4 billion from tax cuts enacted over the last decade. That’s revenue no longer available to meet people’s needs. Kentucky workers, meanwhile, are facing ...
The Opportunity Zone program, created in 2017 and made permanent under the 2025 tax law, creates a tax break for investments in certain lower-income Census tracts. Our analysis of the program finds: ...
Mamdani’s ideas are very popular and would solve basic problems. Democrats now hold large majorities in the legislature, and some see economic and political pathways to making the proposals reality.