Institute on Taxation and Economic Policy (ITEP)

Recent Work

2220 items

Dean Baker sits down with Amy Hanauer, Executive Director of the Institute on Taxation and Economic Policy, to expose how loopholes like carried interest were deliberately built to protect fortunes and make working people foot the bill. The result is a rigged system that keeps rewarding wealth and punishing work.

Jeff Bezos’s Amazon Received Almost 10 Percent of Corporate Tax Subsidies Last Year

Amazon received $17.5 billion in tax subsidies in 2025. That’s about 10% of all federal income tax subsidies for publicly traded corporations in 2025.

video  

Video: The growing cost of higher gas prices.

May 21, 2026 • By Marcus Rojas

The Iran War has significantly raised energy prices. See our tracker here.

State Rundown 5/21: A Flurry of Tax Decisions as Legislatures Wrap

As more legislative sessions come to an end, states are making final decisions on tax and budget policies.

The ‘Black Women Best’ Framework: An Innovative Method for Showing How Inheritance Taxes Affect the Racial Wealth Gap

The approach posits that if policies improve the economic wellbeing of Black women, they will benefit the broader economic health of the rest of the population.

High Gas Prices Weigh on Americans as Summer Travel Season Begins

As of May 19, Americans have already spent $39 billion more for motor fuel (both gasoline and diesel) because of the Iran War. This number is growing by the day.

report  

Tax the Rich, Fund Our Communities: Local Options for Progressive Revenue

May 18, 2026 • By Rita Jefferson, Nick Johnson, Angelo Pis-Dudot

Tax the Rich, Fund Our Communities: Local Options for Progressive Revenue

The task for local elected officials in this moment is therefore clear: use available tools to make the wealthy pay their fair share to fund the essential public goods that allow our communities to live safe, healthy, and thriving lives.

If we want to get serious about taxing the ultra-rich, focus on corporate tax reforms that are hard to undermine.

State Rundown 5/14: Fund Priorities or Increase Shortfalls?

As many legislative sessions end, lawmakers are revealing their priorities.

The Institute on Taxation and Economic Policy (ITEP) hosted a press briefing to discuss how federal lawmakers can build a resilient and progressive corporate income tax system. The briefing is tied to the release of ITEP’s new report, A Resilient Framework for Corporate Tax Reform.

blog  

The Bears Bill Is Bad by Design. Here’s How.

May 13, 2026 • By Rita Jefferson, Amanda Kass, Kristan Wong Karinen

The Bears Bill Is Bad by Design. Here’s How.

State lawmakers are debating whether to subsidize a new Chicago Bears stadium in Arlington Heights, but this bill creates a new statewide property tax cut program for large development projects.

Progressives Need a Slight Course Correction on Tax Policy

Corporate tax reforms should be the backbone of any progressive tax agenda and should be counted on to remain if other changes to our tax code are later thwarted by any of the three branches of government.

report  

A Resilient Framework for Corporate Tax Reform

May 13, 2026 • By Steve Wamhoff

A Resilient Framework for Corporate Tax Reform

The next time Congress is serious about making the wealthiest pay their fair share in federal taxes, they will need to make three key changes to the federal corporate income tax so that it applies effectively to all the businesses that generate their income.

video  

Video: The cost of Missouri’s tax plan.

May 8, 2026 • By ITEP Staff

Missouri voters will get to decide whether to raise sales taxes to eliminate the state's income tax.

Taxing Advertising Would Modernize State Sales Tax Bases for the Information Age

Most states questionably exempt advertising from sales taxes. States that extend their sales taxes to advertising and/or enact an excise tax stand to raise billions in revenue while correcting a structural bias in their tax codes that implicitly subsidizes some of the most profitable corporations in human history.

1 2 3 148