The five best tax ideas coming from governors this year

Tax Credits

Feb 22

One of the clearest trends in state tax debates this year is the continuing momentum toward new and better tax credits for workers and families. Proven policies like Child Tax Credits (CTCs) and Earned Income Tax Credits (EITCs) have immense potential to curb inequities in state tax laws while setting up the next generation of Americans to succeed. To that end, Massachusetts Gov. Maura Healey is proposing a $600 refundable CTC and has expressed interest in expanding the state’s EITC as well.

But the list of governors interested reforming the CTC, EITC, or both is a long one that also includes Arizona Gov. Katie Hobbs, Connecticut Gov. Ned Lamont, Delaware Gov. John Carney, Hawaiʻi Gov. Josh Green, Maryland Gov. Wes Moore, Michigan Gov. Gretchen Whitmer, Minnesota Gov. Tim Walz, Montana Gov. Greg Gianforte, Vermont Gov. Phil Scott, and Wisconsin Gov. Tony Evers.

Tax CreditTax CreditsChild Tax CreditChild and Dependent Care Tax CreditEarned Income Tax CreditEITCTax FairnessTax PolicyTax BaseTax ReliefTax SystemWorking FamiliesIncome InequalityInequalityInequityInjusticeSystemic PovertyPovertySystemic RacismSocietal CostsHouselessnessHomelessnessCost of LivingAffordabilityState GovernmentGovernment InvestmentGovernment ProgramsGovernment SpendingState PolicyState BudgetHawaii State Legislature2023 Legislative SessionLegislationLegislative ProcessLegislatorsLawmakersPolicyPublic PolicyCommunity HealthEconomic HealthFamily HealthHealthHealth PolicyHealthcare CostsKeiki HealthMental HealthPublic HealthPublic Health CrisisEconomic EngineEconomic ImpactEconomic JusticeEconomic PolicyEconomic RecoveryEconomic StimulusEconomyAntipovertyAntiracismSystems ChangePeople FirstHawaii

Carl Davis

Institute on Taxation and Economic Policy

The five best tax ideas coming from governors this year

Move ahead with care on tax relief

Will the states finally tax the rich?