Corporate Taxes Before and After the Trump Tax Law

The Trump tax law slashed taxes for America’s largest, consistently profitable corporations. These companies saw their effective tax rates fall from an average of 22.0 percent to an average of 12.8 percent after the Trump tax law went into effect in 2018.

Tax Payments by Undocumented Immigrants

Tax Payments by Undocumented Immigrants

Who Pays? 7th Edition

Who Pays? 7th Edition

Corporate Tax Breaks Contribute to Income and Racial Inequality and Shift Resources to Foreign Investors

Corporate Tax Breaks Contribute to Income and Racial Inequality and Shift Resources to Foreign Investors

Five Tax Takeaways from 2024 State Legislative Sessions

Five Tax Takeaways from 2024 State Legislative Sessions

What's New

report
Extending Temporary Provisions of the 2017 Trump Tax Law: Updated National and State-by-State Estimates
Steve Wamhoff, September 2024
blog
Voucher Boondoggle: House Advances Plan to Give the Wealthy $1.20 for Every $1 They Steer to Private K-12 Schools
Carl Davis, September 2024
brief
State Earned Income Tax Credits Support Families and Workers in 2024
Neva Butkus, September 2024
brief
State Child Tax Credits Boosted Financial Security for Families and Children in 2024
Neva Butkus, September 2024
blog
Expanded Child Tax Credit is Key to Reducing Child Poverty, New Census Data Illustrate
Jon Whiten, September 2024

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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.