Congress may have passed the One Big Beautiful Bill Act (OBBBA), but state lawmakers now face big choices. Most states link their taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. codes to the federal system, meaning OBBBA’s provisions—good and bad—are about to ripple across state budgets.
In this episode, we explain why federal tax changes can automatically affect your state tax bill, the costly new personal deductions with limited benefits, and the pro-growth business provisions that remove barriers to investment and jobs.
Links
State Tax Implications of the One Big Beautiful Bill Act See more
The OBBBA Gets Expensing Right. States Should Follow Suit. See more
FAQ: The One Big Beautiful Bill Act Tax Changes See more
One Big Beautiful Bill Act Tax Policies: Details and Analysis See more
The Good, the Bad, and the Ugly in the One Big Beautiful Bill Act See more
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