
June 3, 2026 • By Carl Davis
North Carolina’s corporate tax cuts aren’t an incentive for economic growth. They’re a windfall for multinational companies that happen to sell into our state, regardless of whether they’ve made any meaningful investments here or not.
Second home taxes make a lot of sense for communities struggling with housing costs for full-time residents. They can raise real revenues too, which can be used to support further affordable housing development.
The oil and gas industry has long been known for widespread tax avoidance. Now, thanks to new disclosure rules, we have a better picture of how this occurs.
May 29, 2026
President Trump has called for a temporary waiver of the federal gas tax, which costs drivers 18.4 cents per gallon.
From surcharges on the income of high-earners to higher taxes on second homes, here are recent steps states have taken to tax the rich.
May 22, 2026 • By Amy Hanauer
Dean Baker sits down with Amy Hanauer, Executive Director of the Institute on Taxation and Economic Policy, to expose how loopholes like carried interest were deliberately built to protect fortunes and make working people foot the bill. The result is a rigged system that keeps rewarding wealth and punishing work.
May 22, 2026
That kind of calibration is shaping the summer travel season, which gets its traditional start in the U.S. with the long Memorial Day holiday weekend. Higher fuel prices resulting from the Iran war and other inflationary pressures are making most forms of travel costlier as people in many parts of the world form their plans.
May 21, 2026 • By Matthew Gardner, Steve Wamhoff
Amazon received $17.5 billion in tax subsidies in 2025. That’s about 10% of all federal income tax subsidies for publicly traded corporations in 2025.
May 21, 2026
His comments come at a moment when some cities and states are proposing higher taxes on the rich.
The Iran War has significantly raised energy prices. See our tracker here.
May 21, 2026
Amazon Executive Chairman Jeff Bezos on Wednesday called for zero federal income taxes on the bottom half of earners.
May 21, 2026
After Donald Trump sued his own administration for $10 billion, pitting his personal lawyers against the Department of Justice, the president was gifted a broad, single-page document that gives him sweeping immunity from tax crimes.
May 21, 2026 • By ITEP Staff
As more legislative sessions come to an end, states are making final decisions on tax and budget policies.
May 20, 2026 • By Brakeyshia Samms, Francine Lipman
The approach posits that if policies improve the economic wellbeing of Black women, they will benefit the broader economic health of the rest of the population.
As of May 19, Americans have already spent $39 billion more for motor fuel (both gasoline and diesel) because of the Iran War. This number is growing by the day.
If we want to get serious about taxing the ultra-rich, focus on corporate tax reforms that are hard to undermine.
As many legislative sessions end, lawmakers are revealing their priorities.
The Institute on Taxation and Economic Policy (ITEP) hosted a press briefing to discuss how federal lawmakers can build a resilient and progressive corporate income tax system. The briefing is tied to the release of ITEP’s new report, A Resilient Framework for Corporate Tax Reform.
May 13, 2026 • By Rita Jefferson, Amanda Kass, Kristan Wong Karinen
State lawmakers are debating whether to subsidize a new Chicago Bears stadium in Arlington Heights, but this bill creates a new statewide property tax cut program for large development projects.
Corporate tax reforms should be the backbone of any progressive tax agenda and should be counted on to remain if other changes to our tax code are later thwarted by any of the three branches of government.
The next time Congress is serious about making the wealthiest pay their fair share in federal taxes, they will need to make three key changes to the federal corporate income tax so that it applies effectively to all the businesses that generate their income.
Missouri voters will get to decide whether to raise sales taxes to eliminate the state's income tax.
May 7, 2026 • By Nick Johnson
Most states questionably exempt advertising from sales taxes. States that extend their sales taxes to advertising and/or enact an excise tax stand to raise billions in revenue while correcting a structural bias in their tax codes that implicitly subsidizes some of the most profitable corporations in human history.
The effects of last year’s federal tax and spending cuts continue to ripple through the states. With gas prices soaring due to the Iran war, some states are attempting to provide a bit of relief in the form of gas tax reductions and suspensions.
April 30, 2026 • By Joe Hughes
A new proposal in Congress to expand the Earned Income Tax Credit (EITC) would help families with the costs of raising children. The Working Parents Tax Relief Act is one of the latest approaches to help working-class families deal with an ongoing affordability crisis.