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1 Katherine Loughead, State Tax Changes as of July 1, 2019 1 (2019)

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State Tax Changes

as of July 1, 2019


FISCAL
FACT
No. 664
July 2019


The Tax Foundation is the nation's
leading independent tax policy
research organization. Since 1937,
our research, analysis, and experts
have informed smarter tax policy
at the federal, state, and local
levels. We are a 501(c)(3) nonprofit
organization.
©2019 Tax Foundation
Distributed under
Creative Commons CC BY NC 4.0
Editor, Rachel Shuster
Designer, Dan Carvajal
Tax Foundation
1325 G Street, NW, Suite 950
Washington, DC 20005
202.464.6200
taxfoundation.org


Katherine Loughead
PolicyAnalyst



Key Findings

      Twenty-three states and the District of Columbia had notable tax changes
      take effect on July 1, 2019.

      Indiana had the lone corporate income tax change, with the rate decreasing
      from 5.75 to 5.5 percent.

      Two states saw changes to certain provisions in their individual income tax
      code: Ohio made its Earned Income Tax Credit more generous, while Vermont
      subjected more capital gains income to the individual income tax.

      New York and Vermont made changes under their property tax code to
      capture more tax revenue from property transfers.

      Thirteen states adopted a new sales tax collection requirement for remote
      sellers or expanded their existing remote sales tax collection law to include
      marketplace facilitators.

      Three states (Illinois, New Mexico, and Vermont) adopted a new tax on vapor
      products, and two states (Illinois and New Mexico) increased their tax on
      cigarettes.

      Seven states-California, Illinois, Montana, Nevada, Ohio, South Carolina, and
      Tennessee-had statutory gas tax increases take effect on July 1.

      The District of Columbia and Massachusetts adopted payroll taxes to fund
      new paid family leave programs.

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