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Eight States Embrace Trump Tax Cuts; Democrats Opt Out

1/1/2026

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Story summary
  • Eight states will implement the tax cuts from the One Big Beautiful Bill Act in 2026 under U.S. President Donald Trump.
  • Democratic states, including New York and California, opt out due to budget concerns.
  • South Carolina, Iowa, North Dakota, and Idaho will align with federal changes.
  • Michigan has adopted the tax breaks.
  • New Jersey may follow.