As voters prepare to head to the polls this November, California stands once again at the epicenter of a pioneering and polarizing fiscal debate. On the ballot is a first-in-the-nation proposal: a sweeping wealth tax targeted directly at the state’s ultra-high-net-worth individuals. While proponents champion the measure as a long-overdue mechanism to address income inequality…
WASHINGTON — In the rapidly evolving landscape of state taxation, Utah, Maryland, and Illinois have long stood out as pioneers—or, depending on who you ask, outliers. Geographically, culturally, and economically diverse, these three states shared a distinct policy distinction: they were the first jurisdictions in the nation to enact targeted taxes on digital advertising. However,…
By Tax Policy Desk Analysis Published in collaboration with policy research updates Main Facts The landscape of state-level digital taxation is facing an existential crisis following a landmark court ruling in Maryland that struck down the nation’s first digital advertising tax. While Utah, Maryland, and Illinois share little in common regarding their geographic locations, political…
