As the presidential candidates add their voices to the chorus of lawmakers in Washington calling for comprehensive tax reform, policymakers should be mindful that changes to the federal tax code can have complex repercussions for state tax policy and revenue.
States have a great deal at stake when Washington considers changes to tax policy because nearly every state that levies personal income taxes connects in some way to the federal system. Understanding the extent to which state income taxes are connected to the federal system is important for policymakers at both levels of government when evaluating federal revisions or reforms. ….
What States Have at Stake in Federal Tax Reform Proposals