The Institute on Taxation and Economic Policy
Year One of Trump-Republican Tax Policy: The Consequences
President Trump has dramatically increased tariff taxes, enacted large tax cuts that primarily benefit the wealthy and corporations, dramatically curtailed IRS enforcement, and issued legally problematic regulations.
Featured Interactives
What's New
ITEP Comment on Tax Credit Restrictions for Immigrants
• By Carl Davis, Emma Sifre
This proposal would bar a variety of immigrant tax filers from receiving the refunded portion of the Earned Income Tax Credit (EITC), Additional Child Tax Credit (ACTC), American Opportunity Tax Credit (AOTC), and Adoption Tax Credit.
New State Taxes on the Wealthy Raise Revenue and Rebalance Tax Codes, Advancing Racial Justice
• By Brakeyshia Samms
Taxing the rich is proven fiscal policy – it raises revenue for vital public services and makes tax codes fairer. But a part of the debate that rarely gets enough attention: taxing the rich is also one of the most effective tools available for advancing racial equity.
Trump’s Invasion of Iran Could Cost You Thousands
• By Amy Hanauer
Higher fuel and food prices are on track to cost the average household over $1,300 by the end of the year.
Meta’s Outlandish Tax Breaks for AI Data Centers
• By Steve Wamhoff
Meta is claiming the research tax credit – a tax break meant to encourage innovation and experimentation – to pay for the equipment it uses in data centers to power its AI activities. ITEP described how Meta paid just 3.5% of its profits in federal corporate income taxes in 2025.
New Estimates of the Total Number of People and Children in Immigrant Families who Could Lose Eligibility for the Refundable Portions of the Earned Income Tax Credit and Child Tax Credit
• By Emma Sifre
This brief was co-authored with the Institute for Equity in Child Opportunity & Healthy Development (IECOHD) at Boston University and the Center on Poverty and Social Policy (CPSP) at Columbia University. Read the full brief here. The United States (U.S.) Department of the Treasury and the Internal Revenue Service proposed a new rule that would […]
ITEP in the News
MS NOW cites ITEP’s fuel price tracker
HuffPost: How the GOP’s Signature Law Is Fueling One of Its Biggest Political Problems
Associated Press: A New Trump Proposal Would Require Tax Filers to Disclose Citizenship Status to the IRS
WLRN: Online Tool Shows Hidden Impact of Amendment 3 Property Tax Relief on Local Government Services
Bloomberg Tax: Data-Center Spenders Save Billions From Depreciation Tax Break
ITEP Work in Action
Florida Policy Institute: Amendment 3 Local Funding Cuts Calculator
Massachusetts Budget & Policy Center: Strengthening the Foundation: 28 Progressive Revenue Options for Building a Better Massachusetts
Center on Budget and Policy Priorities: In Radical Departure From Long-Standing Policy and Federal Law, Trump Administration Proposes New Regulation to Take Tax Credits Away From Many Families That Include Immigrants With Lawful Status
Arizona Center for Economic Progress: What Does a Strong Arizona Economy Actually Look Like?
District of Columbia Tax Expenditure Report Cites ITEP Analysis
Across the States
Who Pays? 7th Edition
Who Pays? is the only distributional analysis of tax systems in all 50 states and the District of Columbia. This comprehensive 7th edition of the report assesses the progressivity and regressivity of state tax systems by measuring effective state and local tax rates paid by all income groups.
State-by-State Map Effective tax rates where you live Download the Report Full 7th edition, PDFState Rundown & On the Map
On the Map
State & Local Tax Policy
New State Taxes on the Wealthy Raise Revenue and Rebalance Tax Codes, Advancing Racial Justice
• By Brakeyshia Samms
Tallying Up the Impact of Florida’s Property Tax Ballot Measure on Local Communities
• By Neva Butkus
California’s Prop 40: Responses to Common Objections
• By Brian Galle, Darien Shankse, David Gamage
State Earned Income Tax Credits Will Support Families and Workers in 2027
• By Neva Butkus
The ITEP Guide to State & Local Taxes
A detailed primer on state and local tax policy for citizens, advocates, journalists, and policymakers. Learn about the three main sources of revenue (income, property, and sales) and the principles that shape tax codes.
Explore the Guide
Expert's View
Carl Davis
Research DirectorThe 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.
Steve Wamhoff
Federal Policy DirectorWashington Post: Trump’s tax law includes a $40,000 SALT cap. Here’s who qualifies.
SALT cap or no SALT cap, the mega bill overall is a bonanza for the rich in every state.
Miles Trinidad
State AnalystCT Mirror: Sales tax holidays under fire as CT launches its promotion
A two- to three-day sales-tax-free shopping spree for selected items does nothing to reduce taxes for low- and moderate-income taxpayers during the other 362 days of the year.
Institute on Taxation
and Economic Policy
ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
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