Summary

Nine states cutting income taxes on January 1, 2025: Indiana, Iowa, Louisiana, Mississippi, Missouri, Nebraska, New Mexico, North Carolina, and West Virginia.

Most reductions occur in Republican-led states, with changes like flat tax rates in Iowa (3.8%) and Louisiana (3%).

Democrat-led New Mexico targets middle- and low-income taxpayers.

Proponents argue these cuts enhance economic competitiveness, while critics warn of potential public service impacts.

Several states plan further reductions in coming years.

  • @[email protected]
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    124 days ago

    This is why I’m so surprised by the pro-right headline from CBS News.

    These aren’t tax cuts that “give tax payers a break,” they occur in Republican states with regressive tax regimes that keep the poor people’s tax burden high through sales and other taxes and/or come with cuts in social services that those poorest people rely on.

    Republicans as usual have reduced the quality of life of citizens with the simple and effective propaganda, “lower tax number good,” and the media are uncritically repeating it.

    • Omega
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      4 days ago

      I’m not surprised in the least.

      Most mainstream media has right-wing bias. They operate with the assumption that the right is operating in good faith and that the left is directly responsible for everything that happens on their watch.

      The fact that the right still looks absolutely evil on the news is because the right is out there screaming about how evil they are.