Institute on Taxation and Economic Policy (ITEP)

Recent Work

2251 items
brief  

Ineffective Sales Tax Holidays Miss the Mark

July 15, 2026 • By Miles Trinidad

Ineffective Sales Tax Holidays Miss the Mark

Twenty states have sales tax holidays in 2026. These sales tax holidays will cost states and localities nearly $600 million in lost revenue this year, and they're poorly targeted and too temporary to meaningfully change the regressive nature of a state’s tax system.

Missouri’s Amendment 5 Would Cut Taxes for the Rich and Raise Taxes on Seniors and the Middle Class

On August 4, Missouri voters will vote on whether to increase taxes on the middle class and seniors to fund tax cuts for the richest households in the state.

Trump Administration Says Shining Light on Corporate Tax Avoidance is ‘Very Dangerous’

Administration officials appear far more concerned about the public knowing too much about how U.S. corporations shift their income into offshore tax havens.

State Rundown 7/14: 250 Years of Good Reasons to Tax the Rich

As our nation celebrates and reflects 250 years since its adoption of the Declaration of Independence, several states have moved to pass lingering budgets.

2026 Sessions in Review: States Fund Tax Credits by Preserving, Raising Revenue

In a year of cautious uncertainty around current and ongoing revenues, many state lawmakers strengthened their tax credits for families and children.

report  

State-by-State Tax Expenditure Reports

July 1, 2026 • By ITEP Staff

Below is a list of tax expenditure reports published in the states.

America at 250: It’s Time for a Tax Code That Lives Up to Our Ideals

After 250 years, our leaders must show a commitment to completing the unfinished work of American democracy.

New EU Disclosure Requirements Are Helping Identify Corporate Tax Avoiders

Microsoft reports a huge share of its worldwide profit in low-tax Ireland and is achieving this despite having a very small share of its employees there. As other companies make similar disclosures between now and the end of calendar year 2026, investors and the public will likely get a much clearer sense of how much profit corporations are hiding offshore—and how much tax they’re avoiding by doing so.

2026 Sessions in Review: States Move to Tax the Rich and Corporations

This year several states raised income tax rates on high-income people to fund crucial services and make progress toward remedying the regressive tilt of their tax codes.

A Year Later, Many States Have Decided Not to Double Down on Trump’s Tax Cuts

Nearly one year after the Trump tax law was signed, many of the 42 states with income taxes are declining to incorporate significant parts of the new law into their own tax codes.

State Rundown 6/25: Trending This Summer? New Revenue!

It's the first official week of summer, and while many of us are planning vacations, state lawmakers remain busy finalizing and debating tax proposals.

blog  

Why Corporations Must Pay More

June 22, 2026 • By Steve Wamhoff, Amy Hanauer

Why Corporations Must Pay More

Corporate tax reforms could be more resilient than proposals to tax wealth or unrealized capital gains while achieving the same goal of more adequately taxing the income of billionaires.

Elon Musk can thank the U.S. government for the enormous tax breaks and subsidies that helped him become the world's first trillionaire.

The Impact of Proposed New Tax Credit Restrictions for Immigrant Filers: An Analysis of the DACA Recipient Population

We find that 337,000 people in households with at least one DACA recipient will suffer financial harm, and that nearly two-thirds (66 percent) of the impacted individuals are U.S. citizens.

The Impact of Proposed New Tax Credit Restrictions for Immigrant Filers: An Analysis of State EITCs

Immigrants and their families in as many as 30 states are at risk of seeing their state tax credits such as the Earned Income Tax Credit (EITC) and Child Tax Credit (CTC) reduced unless state lawmakers act.

1 2 3 151