Institute on Taxation and Economic Policy (ITEP)

Christian Science Monitor: More Red States Eye the No-Income-Tax Model. Will It Work?

February 24, 2026

So far, Republicans in the House and Senate have vowed to work together to lower tax burdens for Georgians. But questions about how and where to shift the burden of funding the commonweal without an income tax remain unanswered. Read more.

New York Times: Opinion | The Donald Trump 1 Percent Fan Club

February 24, 2026

President Trump is distributing executive patronage — from pardons to favorable regulatory decisions — to privileged groups, including those willing to contribute to his preferred committees and causes and those who invest in the Trump family’s crypto businesses. Read more.

State-by-State Estimates of the First Year of Trump’s Tax Policies: All But the Richest Americans Face Higher Taxes

As a result of the tax policies approved by President Trump and the Republican majority in Congress, all but the richest Americans are paying higher taxes on average in 2026 than they did last year.

Despite a Supreme Court Victory for Middle-Class Americans, Trump’s Disastrous Tariff Policies Are Not Over

Today the Supreme Court made the right decision in striking down most of the tariffs President Trump has put into motion during his second term.

Live Nation Entertainment Says Trump Tax Law Drove its 2025 Federal Income Tax Bill to Zero

The company paid zero federal income tax in 2025 despite reporting $145 million of U.S. profits.

Trump Administration Provides Biggest Illegal Tax Cuts Yet for Billion-Dollar Corporations

The Treasury Department is unilaterally cutting corporate taxes with regulations that ignore the statute they claim to implement, disregarding the separation of powers between the branches of government that has defined how America works for more than two centuries.

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Property Tax Reforms Can Bring Racial Justice

February 19, 2026 • By Brakeyshia Samms

Property Tax Reforms Can Bring Racial Justice

Homes in Black neighborhoods are more likely to be over-assessed for tax purposes while being undervalued by private appraisers.

State Rundown 2/19: Necktie (NCTI) Offers a Way Out of a Knotty Situation

State lawmakers are grappling with a range of challenges as their fiscal outlooks deteriorate, federal tax enforcement wanes (after the Trump administration cut the IRS workforce by 25 percent), and a rewritten federal tax code sends states scrambling to decide what changes they might want to make in their own codes.

Michigan Ballot Proposal Would Boost Public Education While Creating a Fairer Tax System

A new proposal in Michigan would create a 5-percentage point surcharge on top earners with taxable incomes over $1 million for joint filers and $500,000 for single filers. This would raise about $1.7 billion a year, which would be used for public education priorities.

NCTI is an Important Part of the Federal Corporate Tax. States Should Adopt It Too.

Including NCTI in state corporate tax law is an effective way to neutralize much of the tax avoidance that occurs when multinational companies artificially shift their profits into overseas tax havens.

State Rundown 2/11: This Valentine’s Day, Conscious Decoupling Is Our Love Language

While some may be excited for a romantic Valentine’s Day this weekend, many state lawmakers are breaking up and decoupling from recent federal tax changes that are poised to leave states with revenue shortfalls – much like a bad date who forgets their wallet and asks you to pick up the tab.

Policy Matters Ohio: Ohio Should Not Conform to Federal Tax Policies That Reduce State Revenue

February 11, 2026

While the General Assembly should pass a conformity bill related to federal changes made in H.R. 1, Ohio should decouple from sections that reduce revenue without benefiting the state — and that primarily advantage the wealthiest Ohioans. Read more.

Yahoo Finance: Amazon, Meta, and Alphabet Report Plunging Tax Bills Thanks to AI Investment and New Rules in Washington

February 11, 2026

The build-out of artificial intelligence data centers along with business-friendly provisions in President Trump’s “One Big Beautiful Bill” are combining to make 2025 a banner tax year for Big Tech. Read more.

KOTA Territory News: Assessing SD Gubernatorial Candidates’ Property Tax Proposals

February 11, 2026

As the legislative session continues and the opportunity to pass reform dissipates, lawmakers will need to conduct a delicate balancing act to ensure they do not solve one conundrum by creating a potentially bigger one. Read more.

WFMJ: DeWine: No Property Taxes Could Mean 20% Sales Tax

February 11, 2026

If Ohio’s property taxes are eliminated, Gov. Mike DeWine says sales tax in the state could spike dramatically. Read more. 

Newsweek: Florida Property Tax Update as Ron DeSantis’s Threat Looms Over Lawmakers

February 11, 2026

Several competing proposals to offer Florida homeowners property tax relief have been pushed forward over the last few months, to the dismay of Governor Ron DeSantis, who advocated for one, simple solution—abolishing property taxes. Read more. 

Trump Undermined the Constitution to Give Corporations a $10 Billion Tax Cut

This unilateral corporate tax cut from the Trump administration will cost $10 billion over a decade unless it is reversed.

Claire Lynch

February 9, 2026 • By ITEP Staff

Claire Lynch

Claire Lynch is a communications intern. She earned a Bachelor of Arts in Political Science from Louisiana State University and a master’s degree in mass communication from LSU’s Manship School. Her background in public radio and academic research on political engagement and media representation informs her focus on accessible information for the public, particularly for […]

Cassidy Sheppard

February 9, 2026 • By ITEP Staff

Cassidy Sheppard

Cassidy Sheppard is a policy intern who focuses on state and local tax policy. They are currently pursuing a master’s degree in public administration at the University of Washington. Previously Cassidy worked in labor advocacy for 2 years after earning a Bachelor of Arts in Political Science with a minor in History from California State […]

What Did 2025 State Tax Changes Mean for Racial and Economic Equity?

The results are a mixed bag, with some states enacting promising policies that will improve tax equity and others going in the opposite direction.

Reason Foundation: A Cigarette Tax Increase Would Undermine Nebraska’s Fiscal Stability and Harm Consumers

February 6, 2026

The Institute on Taxation and Economic Policy confirms that “cigarette tax revenues grow more slowly than the cost of almost any public service that could be funded using these taxes” and that “[s]tates that use these taxes to fund public services may be disappointed in the long run.” Read more.

D.C.’s Fiscal Autonomy is at Stake, District’s Conformity Decisions Should Stand

Federal lawmakers passed a bill along party lines that would force the District of Columbia to override the decision of local elected officials and implement all of the costly and inequitable federal tax cuts passed under the “One Big Beautiful Bill Act” (OBBBA).

Four Big Tech Companies Avoid $51 Billion in Taxes in Wake of One Big Beautiful Bill Act

Four of the corporations whose CEOs flanked President Trump at his 2025 inauguration ceremony have now disclosed that they collectively received $51 billion in federal tax breaks in 2025, much of that likely from the One Big Beautiful Bill Act (OBBBA).

State Rundown 2/5: Icy Roads Do Not Slow Tax Policy Debates

Despite wintry conditions across much of the country, that hasn’t stopped state lawmakers from debating major tax policy changes.

Newsweek: Major Tax Disruption Faces Over 300,000 Taxpayers—’Sabotage’

February 4, 2026

Workers in Washington, D.C., many of whom have federal roles, could be set to experience major disruption over their tax returns this year, as Congress seems likely to pass a joint resolution that would override the district’s tax law—n the middle of the tax season. Read more.