Institute on Taxation and Economic Policy

AP News: Ohio Budget Bill With Browns Stadium Funding, LGBTQ+ Restrictions Heads to Gov. Mike DeWine

June 27, 2025

Republicans tout that as a benefit to working Ohioans and the economy and another step in their continuing efforts to reduce the state’s tax burden, with the aim of some of them being to eventually eliminate the income tax entirely. Institute on Taxation and Economic Policy, a Washington, D.C. nonprofit, found 98% of the benefit […]

CNBC: How the Republican Megabill Targets Immigrant Finances

June 26, 2025

“If a U.S. citizen is married to an undocumented immigrant, or if a citizen child has an undocumented parent, then the House bill considers the citizen to have forfeited their right to a range of tax breaks,” ITEP researchers Carl Davis and Sarah Austin wrote in an analysis in May. Read more. 

NC Budget & Tax Center: It’s Time for a Millionaire’s Tax in North Carolina

June 26, 2025

According to the Institute on Taxation and Economic Policy, this NC Senate proposal alone would deliver an additional average annual tax cut of $64,700 to millionaires in North Carolina, on top of their federal tax cuts and more than a decade of state cuts. This is more than 52 times the average amount received by non-millionaires, who would see roughly $1,200.

Nebraska Legislature: Poverty Elimination Action Plan

June 25, 2025

The COVID-19 pandemic spurred temporary expansions to existing anti-poverty programs, which had a profound impact on poverty rates…Key programs during this period included SNAP, the refundable Child Tax Credit, and increased funding for TANF. As federal pandemic relief has expired, several states have enacted state-level replacements. Read more. 

The Wall Street Journal: The Tax Bill Would Deliver a Big Win for Private Schools – and Investors

June 23, 2025

“The new tax credit could become a model for Congress to direct money to other causes through the tax code,” said Carl Davis, research director at the Institute on Taxation and Economic Policy. Read more. 

USA Today: Trump Orders ICE to Expand Efforts in NYC, LA, Chicago: See How Many Immigrants Live in Major Metros

June 23, 2025

According to the Institute on Taxation and Economic Policy, undocumented immigrants paid $96.7 billion in federal, state and local taxes in 2022. Of that amount, $59.4 billion was paid to the federal government, and the remaining $37.3 billion was paid to state and local governments. Read more. 

WHYY News: ‘Every dollar counts’: Critics Say Plan to Increase Fees, Taxes and Tolls Will Disproportionately Hurt Poor Delawareans

June 23, 2025

Miles Trinidad, a state analyst for the Institute on Taxation and Economic Policy, a nonprofit, nonpartisan tax policy organization, said flat fee increases like the document fee and the cigarette tax are regressive and will hurt low-income Delawareans. Read more. 

Christian Science Monitor: US Economy Faces Reckoning as Some Immigrants Avoid Workplaces

June 20, 2025

But while the impact of President Trump’s deportation sweep may take time to register, uncertainty caused by policy shifts, muscular arrests, and deportations is already taking a toll. Read more.

Video: ITEP’s Amy Hanauer Discusses 2025 Tax Bill on Power at Work Blogcast

June 20, 2025

In this blogcast, Burnes Center for Social Change Senior Fellow Seth Harris is joined by Brendan Duke, the Senior Director for Federal Budget Policy at CBPP, and Amy Hanauer, the Executive Director at ITEP, to discuss Trump’s tax-and-spending bill and its impact on workers and worker power. Watch now to hear these tax experts dissect […]

League of Women Voters: What’s Happening with Medicaid, Tax Cuts, and Budget Bills?

June 20, 2025

According to the Institute on Taxation and Economic Policy, the highest-earning 20% of Americans will receive 69% of the bill’s tax cuts, and the highest-earning 1% of Americans will receive an average tax cut of about $70,000. Read more. 

EdTrust: The Great American Heist: Taxing Education, Not Billionaires or Corporations

June 20, 2025

In a country where higher education is one of the few remaining ladders to economic mobility, the latest House budget reconciliation bill sends a deeply troubling message: tax colleges and universities that educate our future workforce but let corporations and the ultra-wealthy continue to skate by. Read more.

Economic Policy Institute: How Anti-Worker Policies, Crony Capitalism, and Privatization Keep the South Locked Out of Shared Prosperity

June 18, 2025

Southern lawmakers have neglected basic worker protections and disinvested in social safety net programs while offering hefty subsidies to corporations, privatizing public goods, and giving the wealthy big tax breaks. Read more. 

New Jersey Policy Perspective: Course Correction: Preserving Senior Housing Affordability While Cutting Costs

June 18, 2025

Renters also have significantly less wealth than their home-owning peers, and nearly 1 in 4 senior renters in New Jersey report it is “very likely” they will lose their home to eviction. Read more.

The Washington Post: The U.S. is Giving Up on Taxing Inheritances

June 18, 2025

“The estate tax is barely hanging on right now,” said Steve Wamhoff, federal policy director at the left-leaning Institute on Taxation and Economic Policy. “This bill would make sure it almost disappears.” Read more. 

CNBC: How Senate GOP ‘No Tax on Tips’ Proposal Differs From House Republican Plan

June 18, 2025

However, the Senate proposal is different from the House version in two key ways, Matt Gardner, senior fellow at the Institute on Taxation and Economic Policy, wrote in an e-mail. Read more.

Yahoo Finance: What The Business World Has to Like (and Not) in Senate Version of Trump’s ‘Big, Beautiful Bill’

June 17, 2025

Amy Hanauer, executive director of the left-leaning Institute on Taxation and Economic Policy, reacted to the released proposal by saying that “the emerging clean energy economy will be curtailed and for what?” “Our communities will be worse off as a result of this legislation,” she added. Read more. 

New York Times: Trump’s Big Bill Would Be More Regressive Than Any Major Law in Decades

June 16, 2025

The Republican megabill now before the Senate cuts taxes for high earners and reduces benefits for the poor. If it’s enacted, that combination would make it more regressive than any major tax or entitlement law in decades. Read more.

MarketWatch: How Trump Wants to Use the U.S. Tax Code to Crack Down on Undocumented Immigrants

June 16, 2025

Unauthorized immigrants paid almost $97 billion in federal, state and local taxes during 2022. Read more.