Tax & Budgets
These 3 States Offer a Model for How Republicans Look at State Tax Policy
August 3, 2021 | Ryan Maness
Republican state lawmakers generally deferred their tax policy agenda in 2021, but three states that did act exemplified the three approaches the GOP tends to take on the issue. North Carolina pursued aggressive, across-the-board tax reductions; Florida worked on incremental, revenue-neutral changes; and West Virginia sought to eliminate the income tax with an aggressive reimagining of their tax code. While all three states reflect Republicans’ inclination towards tax cuts, a growing number of conservative lawmakers are expressing interest in levying new taxes on Big Tech, which could break the traditional orthodoxy.