About a quarter of all governors have proposed tax cuts, said a new analysis of the 47 “State of the State” addresses in 47 states.
According to the annual “State of the States Report” from the American Legislative Exchange Council, 11 governors proposed tax cuts, a sizable shift from past years. Two others proposed cuts and some increases.
“In a majority of the 2017 State of the State addresses, governors focused heavily on tax policy, with many pointing to the pro-growth effects their states have experienced as a result of tax relief,” said ALEC’s report.
“As a result of the first federal tax reform in more than 30 years, many states are looking forward to higher tax revenues or surpluses. A number of governors outlined their plans for this unexpected tax revenue, often with the focus of giving it back to the people through their own tax relief plans,” added the analysis.