What's New
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blog
House Tax Bill Would Encourage Dynastic Wealth Hoarding by Further Weakening the Estate Tax
Jon Whiten, May 2025 -
brief
House Tax Bill Enlists the Wealthy to Spread Private School Vouchers
Carl Davis, May 2025 -
blog
State Rundown 5/15: State Tax Debates Carry On in the Midst of Chaotic Federal Tax Landscape
.ITEP Staff, May 2025 -
blog
Trump’s Proposed Higher Tax Rate on the Richest Taxpayers Would Affect Very Little of Their Income
Carl Davis, May 2025 -
blog
State Rundown 5/7: As Budget Season Heats Up, Tax Proposals Are Getting Serious
ITEP Staff, May 2025
ITEP in the News
Expert's View
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.