Institute on Taxation and Economic Policy (ITEP)
698 posts
blog  

Tax Justice Now

• By Amy Hanauer

Affordability, corruption, and inequality topped the list of what most enraged Americans in last week's election. Tax policy is key to fixing these issues and to addressing looming threats that would make inequality and affordability worse.

blog  

Colorado Voters Ditch Flat Tax, Opt to Tax the Rich and Corporations

• By Aidan Davis, Dylan Grundman O'Neill

Colorado voters approved Amendment 87, also known as Initiative 195, which will give the vast majority of Coloradans an income tax cut. Only households in the richest 5 percent will pay more. The state will raise approximately $2 billion a year in new revenue to fund K-12 education, healthcare, and childcare.

Rose Bender

• By ITEP Staff

Rose is a Senior Analyst on ITEP's state tax team, working to provide revenue and tax incidence analysis for advocates and lawmakers.

Washington Sun: Data Centers’ Next Big Tax Break Is Splitting Congress

November 10, 2026

Data center developers are eligible for tax incentives meant to bring economic growth to low-income areas. Political fault lines are emerging over whether they should qualify.

blog  

Utah Latest State to Make Headway Against Montana Car-Registration Tax Dodge

• By Eli Byerly-Duke

Car owners from around the country have for years tried to avoid paying their fees and taxes by titling their cars in Montana under a shell company to avoid sales taxes and fees in their state of residence.

The Caucus: As Nation Confronts Affordability Crisis, More Wealth, Income Tax Measures Appeared On State Ballots

November 9, 2026

Even though California’s one-time billionaire’s tax proposal seems headed toward failure, voters across the United States supported measures to increase taxes on wealthy households and defeated measures that would restrict them.

blog  

Let Them Eat Cheesecake: Federal Tax Breaks for Restaurant Chains Encourage Low Pay and Low Corporate Tax Rates

• By Matthew Gardner

Six restaurant companies – Cheesecake Factory, Brinker (the parent company of Chili’s), Darden Restaurants (Olive Garden), Bloomin’ Brands (Outback Steakhouse), Cracker Barrel Old Country Store, and Texas Roadhouse – collectively disclosed $2.5 billion of U.S. profits last year on which they paid tax rates averaging 5.4 percent, far below the statutory 21 percent.

Newsweek: 5 States Vote for Major Changes to Income Tax

November 9, 2026

Voters in five U.S. states approved significant changes to income tax policy in the November 3 midterm elections, backing higher taxes on wealthy residents in some states while restricting the ability of lawmakers to raise taxes in others.

Oregon Center for Public Policy: Tax Cuts for the Rich, Higher Prices for Everyone Else: the Net Effect of Trump’s Inflationary Policies

• By ITEP Staff

Only the richest 5 percent of Oregonians are better off from the combined impact of tax changes and inflationary policies enacted by the Trump administration and the congressional Republican majority, according to a new analysis by the Institute on Taxation and Economic Policy (ITEP).

Yahoo Finance: ‘Tax the Rich’ Won in Ballot Measures Across the US

November 6, 2026

Voters weighed in on tax ballot initiatives across at least 10 states in the midterm elections, returning verdicts that reflected a strong "tax the rich" sentiment despite the likely failure of California's high-profile plan for a wealth tax.

blog  

State Rundown 11/5: Election Day Put Taxes on the Ballot

• By ITEP Staff

While voters delivered an historic rebuke of the economic and tax policies of the Trump administration as affordability concerns became a flashpoint, voters also decided on major tax ballot questions that will raise and protect revenue and do more to tax the rich in Washington, California, and Colorado.

blog  

Voters Pass Ballot Measures to Raise and Protect Revenue, Tax the Rich

• By Aidan Davis, Jon Whiten

Voters in states across the country on Tuesday passed critical ballot measures to raise and protect revenue and increase tax fairness. In three of four cases, voters showed their support for taxing the rich.

National Conference of State Legislatures: Everything You Ever Wanted to Know About Wealth Taxes

• By ITEP Staff

California is the only state currently considering a new wealth tax, but more states are turning to high-income earners to raise revenue.

The New Yorker: Are Voters Ready to Eat the Rich?

November 3, 2026

Tens of millions of Americans will cast their votes today for candidates in congressional and gubernatorial races across the country.

USA Today: Opinion | Trump’s Big ‘Accomplishment’ Is Ugly for Everyone but the Rich

November 2, 2026

Trump and Republicans abandoned key voters in rural America with their One Big Beautiful Bill Act. Election polls show those once-reliable voters have noticed.

blog  

After Trump Tax Cuts, Major Corporations Pay Less than Ever

• By Amy Hanauer

Who bears the cost of these giant companies paying such a pittance? The American people.

The Indicator from Planet Money: Corporate Tax Cheats, Recession Deal Eats and Costly Halloween Treats!

November 2, 2026

On a very spooktacular Indicators of the EEK!: How America’s top corporations are ghosting their taxes; why more meal deals are an ominous sign; and terrifying Halloween candy prices!

WORT FM: Progressive Income Tax Is the Fairest Method of State Revenue

November 2, 2026

Today on A Public Affair, Eli Byerly-Duke from the Institute on Taxation and Economic Policy (ITEP) joins Bert Zipperer to discuss how fair the state tax law is in the state of Wisconsin.

El Pais: ‘It’s the Inflation, Stupid’: US Voters Sour on the Economy Despite Economic Growth

November 2, 2026

The Trump administration’s chaotic tariff policy and the war with Iran have driven up prices and eroded families’ purchasing power, widening inequality. Even so, the United States remains one of the world’s fastest-growing major economies and is expected to stay that way this year and next thanks to the AI boom.

USA Today: More Than 100 Big Companies Paid No Federal Income Tax in 2025

October 29, 2026

More than 100 of the largest and most profitable U.S. companies paid no federal income tax in 2025, including corporate heavyweights Citigroup, Tesla, and Walt Disney, according to a new report. 

blog  

Bigger Corporations, Bigger Tax Breaks: Consolidation Leads Six Corporations to Grab a Giant Share of Subsidies

• By Matthew Gardner

Alphabet, Microsoft, Amazon, Nvidia, Meta and J.P. Morgan Chase collectively raked in 42 percent of the total tax subsidies that 706 profitable U.S. corporations received in 2025.

blog  

ITEP Comment on Citizenship Question Update to IRS Form 1040

• By Jessica Vela, Steve Wamhoff

Here is a public comment submitted to the Internal Revenue Service (IRS) on October 26, 2026 on a proposal to add a citizenship question to the main federal personal income tax form, Form 1040.

report  

The Consequences of 18 Months of Trump-Republican Tax Policy and Rising Prices

• By Michael Ettlinger

The first 18 months of President Trump’s second term have brought major changes in U.S. tax policy and taken several actions that have boosted inflation. These changes have had significant impacts on the lives of the American people. As a result, middle-income Americans are losing an average of $1,670 in 2026 overall.

Barron’s: A Historic Income-Tax Battle Is Playing Out at the Ballot Box

October 26, 2026

From billionaire wealth taxes to flat-rate caps, midterm voters are being pulled into an ideological tug-of-war over state policy.

Miami Herald: What Would Amendment 3’s Property Tax Cut Mean for Miami-Dade Homeowners?

October 26, 2026

Florida voters are deciding whether to pass a constitutional amendment that would lower property taxes for some — but not all — homeowners by raising the state's homestead tax exemption.