Institute on Taxation and Economic Policy (ITEP)

CBS News: 14 States are Cutting Individual Income Taxes in 2024. Here are Where Taxpayers are Getting a Break

January 29, 2024

The reductions represent a continuation of "tax cut fever," as termed by the left-leaning Institute on Taxation and Economic Policy (ITEP). The drive to cut state taxes began during the pandemic when many states found themselves flush with tax revenue. With coffers fat, lawmakers sought to provide some relief to their constituents, typically through tax rebates or rate reductions.

New Mexico Making Tremendous Progress Making Taxes Less Regressive

Recent tax reforms have helped to bring greater balance to New Mexico's tax code. A new in-depth look at taxes in all 50 states finds New Mexico is an emerging leader, though there’s still plenty of room for improvement.

Hawai’i Appleseed Center for Law and Economic Justice: Rebalance Hawaii’s Upside-Down Tax Code to Achieve Prosperity for All

January 24, 2024

Our state tax code makes the situation worse. A comprehensive analysis of state and local taxes across the country shows that Hawaii is the third-worst state when it comes to taxing struggling working families. Households in the lowest income category pay an effective tax rate of 14.1%, while the richest 1% pay an effective tax rate of 10.1%

New York Times: Vermont Becomes Latest State to Propose Wealth Taxes

January 23, 2024

Lawmakers in Vermont are introducing legislation this week that would impose new taxes on the state’s wealthiest residents, joining a growing national campaign being pushed by Democrats who believe that the measures will gain traction as states reckon with post-pandemic budget squeezes

Oregon Center for Public Policy: Oregon’s Tax System is Fundamentally Unfair, but We Can Fix It

January 23, 2024

If you were designing a tax system from scratch, who would you tax at a higher rate: a low-income family struggling to pay the rent and put food on the table, or a rich family making way more money than they spend?

Editorial: Florida Shines at Favoring the Rich, Punishing the Poor

January 23, 2024

But there’s one category in which Florida is unarguably first — first of the worst. The state has the nation’s most regressive state and local tax structure. That’s the judgment of ITEP, the progressive Institute on Taxation and Economic Policy, which ranks states every five years

The Commonwealth Institute: How the Governor’s Proposal Increases Taxes for Low-Income Families, Gives Significant Cuts to the Wealthy

January 23, 2024

When we all pitch in our fair share, we can invest in the programs and services that help everyone to thrive, like public education, affordable housing, and more. But Virginia’s tax code is upside-down, where those with the most pay the least taxes as a share of income. 

Audio: ITEP’s Carl Davis Discusses North Carolina’s Upside-Down Tax Code

January 23, 2024

Ever since Republicans took control of the North Carolina legislature in 2011, they’ve passed income tax cut after income tax cut and bragged repeatedly of the supposed enormous benefits this has afforded to average North Carolinians