US EditionWith Congress Preparing a “Fiscal Tsunami,” States Can Choose Differently - OtherWords
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With Congress Preparing a “Fiscal Tsunami,” States Can Choose Differently - OtherWords
Tax policy experts and lawmakers have long circled 2025 as a year to prepare for. What makes it so significant? For one thing, Federal COVID money to states is expiring, straining state budgets at the same time the economy is starting to weaken. For another, Republicans in Congress are working to increase and extend President Trump’s tax cuts for the wealthy and corporations — while cutting trillions from health care, housing, and education prog…
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