“The new tax credit could become a model for Congress to direct money to other causes through the tax code,” said Carl Davis, research director at the Institute on Taxation and Economic Policy.

Miles Trinidad, a state analyst for the Institute on Taxation and Economic Policy, a nonprofit, nonpartisan tax policy organization, ...

Alabama passed its overtime exemption in 2023, with a sunset of July 1, 2025 unless renewed. While the legislature passed the ...

Congress passed the House reconciliation bill or “One Big Beautiful Bill Act” by a one-vote margin. The bill’s dozens of ...

However, the Senate proposal is different from the House version in two key ways, Matt Gardner, senior fellow at ...

The estate tax is barely hanging on right now,” said Steve Wamhoff, federal policy director at the left-leaning Institute ...

We are in the midst of a care crisis, caused by a rapidly aging population and an increased need for long-term care that the current workforce just can’t keep up with. Immigrants play a vital role to ...

Renters also have significantly less wealth than their home-owning peers, and nearly 1 in 4 senior renters in New ...

The Republican megabill now before the Senate cuts taxes for high earners and reduces benefits for the poor. If it’s enacted, ...

As she and the federal government escalate attacks on immigrants, DC should not overlook the many ways these residents contribute to the communities they live in and the local economy, including ...

Legislature made a number of changes to Montana’s tax system, including an expensive cut to the income tax and restructuring of the property tax system.

The Ohio Senate has passed its state budget bill. Policy Matters Ohio Tax Policy Researcher Bailey Williams issued the following statement: ...