Dossier
Sarah Austin
Coverage of Sarah Austin in the Nexus archive.
Institute on Taxation and Economic Policyorganization1Census Bureauorganization1Tax Foundationorganization1Abir Mandalperson1Louisianaplace1North Carolinaplace1South Carolinaplace1Mississippiplace1Oklahomaplace1Donald Trumpperson1SAVE plantopic1One Big Beautiful Bill Acttopic1Repayment Assistance Plantopic1Parent PLUS loanstopic1National Association of Student Financial Aid Administratorsorganization1Betsy Mayotteperson1The Institute of Student Loan Advisorsorganization1
- States want to tax the rich less. They're taxing your purchases more.
States have shifted tax revenue sources from income and corporate taxes to sales taxes since 1990, disproportionately affecting low earners. While income tax cuts aim to attract workers, sales tax increases risk budget shortfalls and contradict public demands to tax the wealthy more. Louisiana's 2025 tax adjustments exemplify the instability of this strategy.
- What to know ahead of the July 1 student loan shakeup
Student loan repayment plans face significant changes starting July 1, including the end of the SAVE Plan and the introduction of two new repayment options. Borrowers must switch to the Tiered Standard Plan or the Repayment Assistance Plan, with Parent PLUS borrowers facing stricter repayment terms and loan caps.