Conservative Policy Pulse

State Tax Cut Wins

• 🔥 New Mexico Corporate Tax Reform: New Mexico enacts the most significant corporate tax reform of the year, with lawmakers...

State tax trends highlight competition:

• New Mexico enacts most significant corporate tax reform of the year, embracing pro-business change.
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Key flaws in Fed's PCE gauge:

• Shelter data delayed 2 years vs. market rents
• Imputed financial services inflate Y/Y core by 0.5% (3.1% vs. 2.5%...

Rising regulatory pressures hit small businesses on taxes and contracts:

• Unemployment taxes: Master FUTA rates, SUI rates/notices, and eligibility...

Minimize taxes in 2026 with these core approaches for investors:

• Investment wrappers to optimize efficiency
• Structuring income carefully
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Radical vision to eliminate federal income tax promises economic freedom through higher disposable income and growth.

• Small-government win: Shrink...

Principled conservative priority: Tax relief for disabled veterans ($868K and growing yearly) and seniors, part of $16.5M total exemptions, honors...

Core conservative theory for growth: Lower taxes, deregulation, and free trade to boost production and supply.

• Laffer Curve proves high taxes kill...

• Millionaires tax backlash: Dems' proposed levy on high earners deemed unconstitutional, set for court fights and possible voter revolt, risking...

West Virginia sets a red-state blueprint with bold legislative victories hailed by Gov. Morrissey as a big win:

• 5% income tax cut for real relief
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• Marginal Rate Nightmare: Singles over $46k get 25.5% cap, but $80k earns break while $81k spikes to ~30% marginal rate.
• Hurts Families & Small...

• Sales tax cut touted as first-of-its-kind, alongside tax credits.
• But includes new levies on tech companies, broadening the tax base.
• Classic Democrat ploy: flashy cuts masking revenue grabs for bigger government.

Tax Hike Rejections

• 🔥 Albuquerque City Council Votes Down Gross Receipts Tax Increase: Albuquerque city councilors rejected a proposed 0.4875%...

Left-wing trend: Attacking low corporate taxes

• Four pro-Trump tech companies paid 4.9% of profits in 2025 federal taxes, saving $51 billion vs. 21%...

Protect traditional giving: IRS limits deductions starting 2026 to amounts exceeding 0.5% AGI.

• Time contributions before new limits arrive.
• Maximize benefits under current rules to preserve incentives.

• Taxpayer victory in Albuquerque: City Council votes down proposed gross receipts tax increase after heated debate, rejecting higher sales taxes.
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• WV success: Gov. Morrisey secured meaningful tax relief, infrastructure, and education freedom through responsible management.
• MN contrast: Walz...

Amid rising IRS scrutiny, small business owners and landlords can maximize deductions with these trends:

• Rentals: Use a 721 exchange to defer...

Critics label indexing capital gains a bad idea that persists. Including current investments would slash revenues by $1 trillion over 10 years per Yale Budget Lab—an especially bad approach liberals use to bash supply-side relief.

Small businesses beware: Senate budget hikes top individual income tax to 11.4% and corporate to 9%; Assembly follows suit. These blue-state moves erode competitiveness – emulate red-state cuts like Nebraska's instead.