Federal Tax Debate 2025

The tax cuts in the House bill mostly flow to those who have the most. Roughly 68% of the tax cuts go to the richest 20% in the U.S. Some other notable changes would support private school voucher programs, harm immigrant communities, and widen income and racial inequality.

Analysis of Tax Provisions in the House Reconciliation Bill: National and State Level Estimates

Analysis of Tax Provisions in the House Reconciliation Bill: National and State Level Estimates

House Tax Bill Enlists the Wealthy to Spread Private School Vouchers

House Tax Bill Enlists the Wealthy to Spread Private School Vouchers

Tax Payments by Undocumented Immigrants

Tax Payments by Undocumented Immigrants

Who Pays? 7th Edition

Who Pays? 7th Edition

What's New

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State Rundown 6/5: States Wrap Sessions, Some Prepare for Fiscal Uncertainty
.ITEP Staff, June 2025
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Trump’s Last Tax Cuts Failed Americans Like Me. Let’s Not Repeat the Mistake.
Brakeyshia Samms, June 2025
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Amid Economic Uncertainty, Delaware Lawmakers Should Consider Progressive Revenue Proposals
Miles Trinidad, June 2025
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Sweeping Federal Tax and Spending Changes Threaten Local Governments
Kamolika Das, June 2025
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Five Issues for States to Watch in the Federal Tax Debate
Dylan Grundman O'Neill, June 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.