The relationship between taxation and structural racism is both understudied and undertheorized. Our article introducing the following symposium is a starting point to address this gap, proposing that “a racial tax state” structures the US tax system. Grounded by contemporary race theory, we show how this seemingly innocuous and bureaucratic procedure is structured by and reproduces racial inequality. Far from a neutral and even-keeled practice, taxation is a political tool imbued with stereotypes, values, and emotions to carry out and justify acts of taking. To suggest future directions for this area of research, we propose five initial mechanisms the racial tax state deploys to codify racialized inequalities of socially-defined rewards and penalties: enfranchisement, hoarding, abatement, extraction, and redistribution. We provide both historical and contemporary examples of these mechanisms, drawing especially on the symposium’s contributors, to show patterns in tax contestation and restructuring at moments in which racial justice seemed possible.