Federal Tax Debate 2025

Congress will soon debate provisions from the Trump tax law that are set to expire at the end of 2025, as well as other tax policies that Trump proposed on the campaign trail. Here we examine what’s at stake as lawmakers consider significant changes to our tax system.

A Distributional Analysis of Donald Trump’s Tax Plan

A Distributional Analysis of Donald Trump’s Tax Plan

Corporate Taxes Before and After the Trump Tax Law

Corporate Taxes Before and After the Trump Tax Law

Extending Temporary Provisions of the 2017 Trump Tax Law: Updated National and State-by-State Estimates

Extending Temporary Provisions of the 2017 Trump Tax Law: Updated National and State-by-State Estimates

Tax Payments by Undocumented Immigrants

Tax Payments by Undocumented Immigrants

What's New

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Different Approaches to the Trump Tax Law’s Cap on Deductions for State and Local Taxes (SALT)
Steve Wamhoff, January 2025
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Congress Could — But Won’t — Pass a Tax Package That Pays for Itself
Joe Hughes, January 2025
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State Rundown 1/15: Tax Debates Heat Up Despite Winter Weather
ITEP Staff, January 2025
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Policymakers Unwisely Propose Cutting Property Taxes in Favor of Sales Taxes
Rita Jefferson, January 2025
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State Rundown 1/9: New Year, New Pushes for Tax Policy Changes
ITEP Staff, January 2025

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Expert's View

Carl Davis

Carl Davis
Research Director

The Geographic Distribution of Extreme Wealth in the U.S.
Excessive concentration of wealth runs counter to our national aspiration for genuine equality of opportunity, and it saps the vitality of our democracy through the consolidation of power and influence. Tax policy offers a powerful means of beginning to address our nation’s stark level of inequality, but current law is clearly falling short of its potential.