What's New
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brief
House Bill’s Deduction for Car Loan Interest Would Not Offset Tariff-Related Auto Price Increases for Most Buyers
Carl Davis, June 2025 -
blog
State Rundown 6/11: States in The Eye of a Fiscal Hurricane?
.ITEP Staff, June 2025 -
blog
North Carolina Tax Proposal Prioritizes Millionaires Over Everyone Else
Dylan Grundman O'Neill, June 2025 -
blog
The 'Big, Beautiful' Bill Creates a $5 Billion Tax Shelter for Private School Donors
Amy Hanauer, June 2025 -
blog
D.C.'s Budget Crisis Demands Fairer Business Tax System
Nick Johnson, June 2025
ITEP in the News
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USA Today: Los Angeles is Grappling with 'Collective Grief and Frustration' Amid Protests
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Axios: Behind the Curtain: A Decades-in-the-Making Immigration War
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CBS News: Millions of U.S. Kids Could Lose the Child Tax Credit under GOP Budget Bill, Experts Say
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Newsweek: Child Tax Credit Could Be Stripped from Millions of Children
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.