The Institute on Taxation and Economic Policy
What's New
States Are Standing Up to the Monster Known as QSBS
June 5, 2026 • By Nick Johnson
We estimate that by 2032, QSBS will be costing states $1.1 billion a year, and since states must balance their budgets, that’s money they can’t use for public services.
States Can Raise Billions by Ending a Tax Giveaway to Big Tech
June 4, 2026 • By Nick Johnson
An advertising tax offers a way to raise significant money from a sector of the economy that has been getting a free ride for decades.
State Rundown 6/4: Fiscal Flowers and Weeds Bloom in June
June 4, 2026 • By ITEP Staff
A veritable superbloom of tax and budget policies occurred over these last few weeks, including both flowers worth admiring and weeds worth fighting back.
Repealing North Carolina’s Corporate Tax is an Even Worse Idea Than You Think
June 3, 2026 • By Carl Davis
North Carolina’s corporate tax cuts aren’t an incentive for economic growth. They’re a windfall for multinational companies that happen to sell into our state, regardless of whether they’ve made any meaningful investments here or not.
NYC and Montana Lead the Way on Second-Home Taxes
June 1, 2026 • By Rita Jefferson
Second home taxes make a lot of sense for communities struggling with housing costs for full-time residents. They can raise real revenues too, which can be used to support further affordable housing development.
ITEP in the News
The Oklahoman: GOP Candidates Say Income Tax Cuts Would End Oklahoma's Corporate Exodus
NPR: Trump Wants a Gas Tax Holiday. There's a Much Bigger Problem Looming.
The Atlantic: The Gas-Tax Reckoning
Associated Press: Memorial Day: Higher Fuel Prices Have Some Americans Scaling Back Their Travel Plans
USA Today: Jeff Bezos says these Americans should pay 'zero' federal taxes
ITEP Work in Action
Media Matters For America: Right-Wing Media Go To Bat for New York’s Richest by Pushing a Debunked Myth That Higher Taxes Will Cause Millionaires To Flee
Washington Center for Equitable Growth: Defining Top Wealth and Income Thresholds for U.S. Tax Policy Design and Analysis
Georgia Budget and Policy Institute: Governor Kemp Unilaterally Issues $344 Million in Spending Cuts To Fund Tax Cuts for Corporations, High Income Earners
PEW: The Remote Work Challenge: Lessons From 5 Cities
DC Fiscal Policy Institute: Restoring Tax Credits Would Benefit Nearly 62,000 DC Children
ITEP Videos
Video: Jeff Bezos is wrong about taxes.
Video: ITEP's Amy Hanauer Discusses Inequality in the Tax Code with the Center for Economic and Policy Research
Video: The growing cost of higher gas prices.
Across the States
Tax Watch
State Tax Watch 2026
ITEP tracks tax discussions in legislatures across the country and uses our unique data capacity to analyze the revenue, distributional, and racial and ethnic impacts of many of these proposals. State Tax Watch offers the latest news and movement from each state.
Get weekly updates by signing up for our State Rundown newsletter.
Learn more about state taxes across the country, read Who Pays?
State Rundown & On the Map
On the Map
State Rundown 6/4: Fiscal Flowers and Weeds Bloom in June
A veritable superbloom of tax and budget policies occurred over these last few weeks, including both flowers worth admiring and weeds worth fighting back.
Taxes on Adult-Use Cannabis in Each State
Twenty-three states have legalized the sale of cannabis for general adult use. Every state allowing legal sales applies an excise tax to cannabis based on…
State & Local Tax Policy
States Can Raise Billions by Ending a Tax Giveaway to Big Tech
June 4, 2026 • By Nick Johnson
Repealing North Carolina's Corporate Tax is an Even Worse Idea Than You Think
June 3, 2026 • By Carl Davis
NYC and Montana Lead the Way on Second-Home Taxes
June 1, 2026 • By Rita Jefferson
As Inequality Grows, More States Look to Tax the Rich
May 28, 2026 • By Alex Welch
