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Republican States Push for Tax Cuts Amid Economic Tensions

3/17/2026

50 9 Full Breakdown

Summary

Story summary

Republican-led states are intensifying efforts to cut or repeal personal income taxes, with Mississippi and Oklahoma pursuing full repeal.
South Carolina plans to lower its top rate to 1.99%.
Massachusetts and Illinois seek tax hikes on high earners to fund services, amid concerns about economic impact.
Washington state is considering a 9.9% tax on millionaires, potentially increasing its tax burden.

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Story summary

Republican-led states are intensifying efforts to cut or repeal personal income taxes, with Mississippi and Oklahoma pursuing full repeal.
South Carolina plans to lower its top rate to 1.99%.
Massachusetts and Illinois seek tax hikes on high earners to fund services, amid concerns about economic impact.
Washington state is considering a 9.9% tax on millionaires, potentially increasing its tax burden.