We estimate that by 2032, QSBS will be costing states $1.1 billion a year, and since states must balance their budgets, that’s money they can’t use for public services.

It’s wildly inappropriate for a U.S. Treasury Secretary to lean on states to adopt or not adopt specific federal provisions in their own state tax codes.

As states move closer to their 2026 legislative sessions, lawmakers nationwide are grappling with how to respond to fallout from recent federal policies, including this July’s harmful Republican...

States should decouple from the federal Qualified Small Business Stock (QSBS) exemption.

The final budget adopted by the Maryland General Assembly shows progress in advancing tax equity in the state while boosting…

The final budget adopted by the Maryland General Assembly shows progress in advancing tax equity in the state while boosting…

Missouri Republicans may take their tax-cutting efforts to new heights this year as lawmakers consider exempting profits from the sale of stocks, bonds and real estate from state income taxes.

Recent NAEP data reveal widening achievement gaps, especially for the lowest-performing students. What’s the path forward? Research makes it clear: well-targeted investments boost outcomes, narrow dis...

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The moment Gov. Wes Moore announced his proposal to reform Maryland’s tax system, in part, by raising income tax rates on high-income households, opponents began predicting that wealthy people would r...

Maryland’s Gov. Wes Moore put forward a tax reform plan that would make the tax system fairer, simpler, and better able to meet the state’s needs. The proposed changes to the income tax ask more of th...

Tesla reported $2.3 billion of U.S. income in 2024 but paid zero federal income tax. Over the past three years, the Elon Musk-led company reports $10.8 billion of U.S. income on which its current fede...

It’s a new year, and state legislatures across the country are resolved to write new tax policy. Tax debates are…