Overall state tax revenues were stronger during the pandemic than initially feared, in part due to the generous federal stimulus packages that have injected trillions of dollars into the economy. However, states still need to be conservative in their budget and forecasting because of the high level of uncertainty still remaining related to both economic and public health conditions.
The Tax Policy Center (TPC) provides timely, accessible analysis and facts about tax policy to policymakers, journalists, citizens, and researchers. The following are its major products
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Model estimates: The TPC Microsimulation Model produces revenue and distribution estimates for the latest tax proposals and bills. More information about the tax model is available in the overview and a detailed methodology paper.
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Newsletters: You can sign up for TPC's bimonthly review summarizing our most recent tax reform analysis, as well as The Daily Deduction, a rundown of the latest tax and budgets news.
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Research: TPC staff author full-length research reports, briefs, congressional testimony and other analyses on federal, state, and local tax policy issues.
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The Tax Policy Briefing Book: The briefing book is a compendium of information detailing various aspects of the tax code, recent reforms and potential future changes. It is intended as a resource for the public, the press, and even the presidential campaigns—in short, for anyone who wants to be well informed about current tax and budget matters.
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TaxVox: The Tax Policy Center has its own tax and budget policy blog. Join the discussion on tax legislation, administration, and more.
To learn more please visit taxpolicycenter.org.