Governors and legislators in 18 states will be able to claim credit for cutting billions of dollars in taxes heading into an election year, according to a new report.
The report, from the conservative American Legislative Exchange Council, catalogues the tax-cutting states, which stretch from Alaska to Florida. The bulk of those states — 13 of the 18 — have both Republican governors and Republican legislatures. A 14th, Nebraska, technically has a non-partisan unicameral legislature, though conservatives dominate the chamber.
Democratic governors of Montana and Arkansas signed tax-cut packages, while Democratic legislative chambers in Iowa and New Mexico passed their own tax cuts.
Here’s where states cut taxes in 2013:
|State||Type of Tax||Estimated relief*||Source:|
|Alaska||Oil tax||$750 million||Marketplace.org|
|Arkansas||Personal income tax||$160 million||Arkansas News Bureau|
|Florida||Manufacturing sales and use tax||$115 million||WLRN|
|Idaho||Personal property tax||$20 million||StateImpact|
|Indiana||Personal and corporate income tax, inheritance tax||$1.1 billion||National Review|
|Iowa||Property tax, personal income tax||$4.4 billion||Cedar Rapids Gazette|
|Kansas||Personal income tax, sales tax||$3.8 billion||Kansas City Star|
|Mississippi||Energy sales tax||$6 million||Associated Press|
|Montana||Personal property tax||$100 million||Legislative News Service|
|Nebraska||AMT, capital gains tax||$7.8 million**|
|New Mexico||Corporate income tax||$55 million||Citizens for Tax Justice|
|North Carolina||Personal and corporate income tax, inheritance tax, others||$500 million||CNN Money|
|North Dakota||Property tax||$1.1 billion||WDAY|
|Ohio||Personal income, small business||$2.7 billion||Ohio Department of Taxation [pdf]|
|Oklahoma||Personal income tax||$237 million||The Oklahoman|
|Tennessee||Sales tax||$164 million||Chattanooga Times Free Press|
|Texas||Margins tax||$1 billion||Reuters|
|Wisconsin||Personal income tax||$650 million||Associated Press|
* Note: States estimate the impact of tax cuts over different budget cycles, some in one-year segments, others over two-, three- or five-year periods.
** Nebraska’s Department of Revenue estimated the AMT cut will have a $7.8 million fiscal impact in FY 2014-2015.
Several other states are expected to revisit their tax codes when legislative sessions kick off next year. In Nebraska, Gov. Dave Heineman (R) pursued a more aggressive tax-cutting agenda, but legislators couldn’t come to an agreement this year.