Hi! After a bit of a Twitter hiatus, I am back to talk about state budgets and taxes and how they can help families, states, and communities thrive. Here’s what I think. / 1
🏆Washington state enacted a millionaire’s tax in March—a 9.9% tax on household earnings over $1 million. The state expanded its Working Families Tax Credit to reach an additional 460,000 households by lifting income and age restrictions too https://t.co/7sNpa5LElb
The harmful Republican reconciliation law makes life less affordable for families & is crushing state budgets. States must protect & raise revenue for things like schools, roads, and healthcare & ensure families have the support they need to make ends meet https://t.co/Beh9Qr0m9s
New report: States & localities in '26 are facing a one-two punch—fallout from harmful federal actions on one hand & regressive state policies on the other. The path forward? Protecting & raising revenues to mitigate harm & build forward. Here’s how: https://t.co/EyCb7QXft9
CBPP's Victoria Gibney posted a thread to Bluesky on new Rx Kids research showing that cash assistance during pregnancy and infancy improved birth outcomes and prenatal care for families in Flint, MI. https://t.co/tBU4fXAl5U
In the final moments of session, Iowa lawmakers passed SJR 11: an anti-democratic constitutional amendment requiring a supermajority vote to raise taxes while still allowing tax *cuts* to pass with only a simple majority. https://t.co/nVM52LLgbw
One of this year’s most consequential state #tax fights took a troubling step forward last week—Missouri lawmakers advanced a deeply regressive & costly plan to a ballot referendum later this year. Here’s what folks need to know: https://t.co/Gsu99LDn6z
CBPP's Victoria Gibney explains how policies that increase household resources can reduce child maltreatment and help keep children safely with their families (via Bsky): https://t.co/67ViPE5Pt2
More states should follow their lead in raising revenue from wealthy state residents and corporations, and providing supports to families to help them make ends meet
Two states I want to highlight on #TaxDay making their tax codes more just and equitable! 1) WA state passed a millionaire's tax and will expand the Working Families Tax Credit & fund childcare and free school lunch for kids https://t.co/7sNpa5LElb
Happy #TaxDay! While millions of Americans file their returns today, statehouses across the country are making decisions that will shape who pays, who gains, & who gets left behind for years to come. And right now, states are headed in two VERY different directions. Some context:
OR delinked from some federal tax breaks in HR1--preserving more than 300m in revenue--and increased the state's Earned Income Tax Credit https://t.co/DFTLEv5lOA
WA passed a Millionaires Tax. Instead of celebrating the *many* benefits of taxing the ultra-rich, headlines are asking “Will the rich flee?!” 😑
This claim’s been tested. Large-scale tax flight does not happen. And even when a wealthy few leave, gains for everyone else win out.
The war in Iran is sending gasoline prices soaring. States are responding with gas tax holidays, but there are better ways to support low-income families & protect state budgets. 🧵
Last week, Senate Republicans voted to strike down a tax law the D.C. Council passed late last year. It now awaits the President’s signature. That’s bad for D.C. families and businesses – but may not be the final word https://t.co/O16Y86ncPZ
Today the Senate voted on a party-line basis to block D.C. from spending its own local tax dollars, for the *second* year in a row. It’s bad news for families and businesses in the District, here’s why🧵
No court has ever ruled on this question, so it’s not clear whose interpretation will win out. Meanwhile, D.C. tax filing season has already started so time’s ticking to resolve the issue – D.C. residents and businesses may need to refile D.C. tax forms if Congress is right