Institute on Taxation and Economic Policy (ITEP)

ITEP's Research Priorities

Economic Policy Institute: Everything You Need To Know About “No Tax on Overtime”

February 19, 2026

The Trump administration has trumpeted this policy as a substantial victory for workers—in reality, it is not. Most workers will not benefit from this policy whatsoever. Read more.

The Cascadia Advocate: Five More Claims Against the Million-Dollar Earners’ Tax That Don’t Check Out: Debunking Republicans’ Opposition to SB 6346

February 19, 2026

Republican legislators yesterday leveled a barrage of familiar arguments against the Senate Democratic majority’s proposal to create a million-dollar earners’ tax. While these charges have been made before, repetition does not make an argument true. Read more.

Business Insider: Mamdani Says if the State Won’t Tax the Wealthiest New Yorkers, He’d Have To Tax the Middle Class as a ‘Last Resort’

February 19, 2026

Without Albany’s willingness to hike income or corporate taxes, Mamdani is signaling he will need to turn to other measures to fund his budget. He’s floating increasing property taxes for the city’s residents.  Read more.

KCUR: Eliminating Missouri’s Income Tax Could Actually Cost You More — Unless You’re Rich

February 19, 2026

If the state’s income tax is eliminated, experts anticipate that Missouri’s already regressive tax system would become more so. Households with a yearly income of $65,000 would see a $500 tax increase each year, while households in the top 1% would see an average tax cut of nearly $40,000. Read more.

Mackinac Center: Lawmakers Should Reject Sales Tax Holidays

February 19, 2026

The Institute on Taxation and Economic Policy argues that tax holidays may slightly reduce the regressive nature of sales taxes but produce minimal overall benefit. Read more.

Thomson Reuters: OBBB Put Pressure on States to Raise Revenues, Analysts Say

February 19, 2026

Policy experts warned that the One Big Beautiful Bill (OBBB) is creating a fiscal crisis for states, forcing them to choose between cutting essential services or raising their own taxes. Aidan Davis, state policy director at the Institute on Taxation and Economic Policy, said lawmakers have an opportunity to reverse course and align public policy […]

The Hill: Want ‘Affordability?’ Start by Retooling Your State’s Regressive Tax System.

February 19, 2026

The White House plan “would represent the single largest legislated transfer of wealth from the working class to the rich in the nation’s history,” according to the Institute on Taxation and Economic Policy. “Working-class families would face dramatic tax increases while the nation’s wealthiest families would see their state tax bills plummet.” Read more. 

Education Week: How Do Schools Solve a Problem Like Property Taxes?

February 19, 2026

As tax season dawns, backlash to a nationwide surge in property-tax bills is spurring states to double down on proposals to diminish one of the main revenue sources for school districts. At least 10 states are pitching the end of one of schools’ chief revenue sources. Read more.

Quartz: Big Tech’s Big Trump Tax Win

February 19, 2026

Republicans in Congress delivered on one important item on corporate America’s wishlist that allowed companies to pay lower taxes to Uncle Sam: their ability to immediately deduct new domestic research and development spending from their tax bills instead of spreading them out over years. Read more.

Economic Policy Institute: Everything You Need To Know About “No Tax on Tips”

February 12, 2026

The 2025 Trump tax bill that created the tipped income deduction simultaneously enacted massive cuts to health care, energy, and food assistance programs that will cause tremendous harm for millions of low-income households, including some with tipped workers—all to finance tax cuts for the ultrawealthy. Read more. 

Center for American Progress: Overturning D.C.’s Tax Law Would Infringe on Common State Tax Practices and Threaten the District’s Budget and Fiscal Autonomy

February 12, 2026

Overruling the jurisdiction’s control of its own state tax code would deprive Washington, D.C., of $658 million in revenue, raise child poverty, and throw the tax-filing system into disarray. Read more.

New York Times: States Say No Thanks to Trump Tax Cuts, Drawing Republican Fire

February 12, 2026

“This is a traditional, core area of state authority,” said Carl Davis. “There are zero states that fully adopt the federal tax rules in their own codes. When state lawmakers are doing their job well, they sit down and give each item careful consideration about whether it makes sense in their own code or not.” […]

The American Prospect: Tesla’s Wile E. Coyote Moment Is Here

February 2, 2026

According to a report from the Institute on Taxation and Economic Policy, the company has paid precisely zero federal taxes on its earnings in both 2025 and 2024, so the company is certainly being helped along by federal forbearance. But things are getting dire. Read more.

Hawai’i Appleseed Center for Law and Economic Justice: A Fairer Tax Code for a Thriving Hawaiʻi

February 2, 2026

Hawaiʻi stands at a crossroads. The path we choose now will define our islands for generations. We can either accept a future of diminishing public goods and deepening inequality, or we can choose to build one of shared prosperity and collective resilience. Read more.

Center on Budget and Policy Priorities: States Should Adopt the Wealth Proceeds Tax to Raise New Revenue

January 26, 2026

States are facing considerable fiscal pressures from the fallout of recent federal policies, including the harmful Republican megabill enacted in July 2025. Read more.

Georgia Budget & Policy Institute: Overview of Georgia’s Budget for Amended Fiscal Year 2026 and the Full 2027 Fiscal Year

January 26, 2026

Between Gov. Brian P. Kemp’s first full fiscal year (FY) budget as governor and his eighth and final budget for FY 2027, state spending has increased by nearly $11 billion to $38.5 billion. Governor Kemp’s AFY 2026 and FY 2027 budget proposals recognize that Georgia can use its historic level of resources to fill long-awaited […]