Key Takeaways
- Some U.S. states continue prioritizing tax relief while others are focusing on initiatives to impose new taxes on wealthy individuals.
- Income tax structures that rely heavily on upper-income filers have demonstrated some cyclicality in the past.
- S&P Global Ratings believes states will proactively manage the performance and collection of revenues following recent tax changes to ensure long-term budget management.
13-Jul-2026 | 09:55 EDT