2min chapter

FiveThirtyEight Politics cover image

New Laws Are Driving Red And Blue States Further Apart

FiveThirtyEight Politics

CHAPTER

The Trends in State Tax Cuts

14 states, according to that same AP analysis, passed an income rate tax cut. A lot of this has been fueled by a desire to get money back into people's pockets quickly at a moment of inflation when people were really feeling like their salary isn't going as far as it should or their paycheck. It's interesting living in New York state, we have had like certain targeted tax cuts here but you know, another option for dealing with a surplus is to create new government programs and fund them more heavily.

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