Institute on Taxation and Economic Policy (ITEP)
698 posts
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State Child Tax Credits Will Boost Financial Security for Families and Children in 2027

• By Neva Butkus

Sixteen states provide Child Tax Credits to reduce poverty, boost economic security, and invest in children. State lawmakers have several options to maximize the impact of Child Tax Credits.

POLITICO: Corporate Tax Payments Plunge as AI Feasts on New Incentives

September 14, 2026

A generous tax break on capital investments Republicans created in 2025 wasn't designed specifically for the AI boom, but hyperscalers are making the most of it.

Arizona Center for Economic Progress: What Does a Strong Arizona Economy Actually Look Like?

• By ITEP Staff

The Institute on Taxation and Economic Policy ranks Arizona as having the 13th most regressive tax system in the country. Colorado ranks 39th.

District of Columbia Tax Expenditure Report Cites ITEP Analysis

• By ITEP Staff

The District’s property tax circuit breaker program (also known as “Schedule H”) allows low-income homeowners and renters to claim a property tax credit applied to the taxpayer’s income tax liability

Audio: ITEP’s Sarah Austin Warns Against Swapping Income Taxes for Sales Taxes.

• By Sarah Austin

ITEP Senior Analyst Sarah Austin appeared on the Oregon Center for Public Policy’s “Policy for the People” podcast, discussing tax policy choices that would ask more from working families instead of the wealthy.

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TurboTax Maker Intuit Paid Zero Federal Income Tax in 2025

• By Joe Hughes

TurboTax maker Intuit reported nearly $6 billion in U.S. profits in 2025 and paid no federal income tax. Instead, the company received a refund, thanks in part to new tax breaks from OBBBA.

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State Rundown 9/10: States Brace for (and in Some Cases Embrace) Ballots and Budgets

• By ITEP Staff

States across the country will consider a host of ballot measures that could reshape the fairness and adequacy of their states’ tax systems, while other states are receiving budget forecasts that could further shape upcoming policy debates.

DC Fiscal Policy Institute: Five Principles for Strong DC Tax Policy

• By ITEP Staff

Lawmakers can use this moment to advance a more progressive and racially-just tax system by evaluating tax proposals across five dimensions: equity, adequacy and stability, simplicity, neutrality, and accountability.

North Carolina Budget & Tax Center: Income tax limits would deepen racial inequity in NC

• By ITEP Staff

This November, North Carolinians will vote on a constitutional amendment that would limit the state income tax rate to 3.5 percent both for personal and corporate income taxes, a significant decrease from 7 percent, which was the maximum rate approved by voters in 2018.

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How the 50 Largest American Cities Raise Revenue and What That Means for Tax Equity

• By Rita Jefferson, Nick Johnson, Galen Hendricks

Large cities have the technical capacity, the economic base, and often more political might than smaller localities and governments that local officials should utilize to design fairer tax systems.

Video: ITEP’s Carl Davis Discusses Failure of Missouri Income Tax Repeal

September 8, 2026

ITEP’s Research Director Carl Davis discusses Missouri’s proposal to eliminate the state income tax and why voters have overwhelmingly rejected it. You can watch the video here and read our analysis here.

Responsible Statecraft: On This Labor Day, Trump Offers No Sympathy to Working Americans

• By ITEP Staff

The president's war has jacked up energy prices, including gas and the diesel used to transport goods, and his White House appears not to care. 

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2026 State Tax Ballot Measures to Watch

• By Aidan Davis

This fall, voters across the country will consider a host of ballot measures that could reshape the fairness and adequacy of their states’ tax systems. Here’s some of what we’re following.

Critical Public Health: Fiscal Reform Under the “One Big Beautiful Bill” and It’s Public Health Implications

• By ITEP Staff

The ‘One Big Beautiful Bill’ is framed by its proponents as the largest middle-class tax cut in U.S. history and a catalyst for economic growth. Yet, beneath the marketing of ‘jobs, tax cuts, and American prosperity’, the legislation conceals sweeping rollbacks of Medicaid, food assistance, education, reproductive care, and expanded immigration enforcement, alongside tax windfalls for venture capital and immigration enforcement.

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The Biggest Winners from Trump’s Tariff Refunds are Big Corporations

• By Matthew Gardner

The Trump administration has been forced to pay out over $100 billion from illegal tariffs, and the biggest winners from these tariff refunds have been big corporations.

Video: ITEP’s Miles Trinidad Discusses Downsides of Florida’s Sales Tax Holiday

September 2, 2026

Florida is entering into one of its biggest sales tax holidays for hunting, fishing, and camping, with state officials projecting consumers to save around $40 million this year.

Detroit Free Press: John James Wants to Ax Income Tax. Experts See Cuts, Boon for Wealthy

August 31, 2026

The income tax helps fund schools, Medicaid, prisons, state police and more. Eliminating it would entail a massive overhaul of public services and benefit the wealthiest Michiganders, according to fiscal and tax policy experts.

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State Rundown 8/27: Tax Policy is Cool as Summer Wraps

• By ITEP Staff

With many state legislatures already adjourned, developments in tax policy have slowed.

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Maryland Digital Advertising Ruling Shouldn’t Stop Other States from Considering Ad Taxes

• By Nick Johnson

Consumers are increasingly bombarded with advertisements based on our personal data. This explosion in targeted advertising is leading state policymakers to revisit the tax treatment of advertising, which has long been exempt from sales tax.

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Relentless State Income Tax Cuts Add Up to Massive Giveaways for the Wealthy

• By Sarah Austin

Today's state income tax cutting is defined less by sweeping one-time reforms than by sustained campaigns to ratchet down income tax rates year after year. This approach enables lawmakers to enshrine significant long-term reductions into law, while obscuring the fiscal impact by spreading it across multiple state budgets and legislative cycles.

NPR: U.S. Businesses Are Getting Tariff Refunds. Will Customers Get Any Money Back?

August 25, 2026

"It's all just a giant transfer from consumers to corporations, which - you can't really design a worse tax than that."

Seattle Times: We’re No. 1 – for Corporate Tax Breaks

August 24, 2026

"It's the biggest we've ever seen for one company," says Matthew Gardner, a senior fellow for the Institute on Taxation and Economic Policy. "It's a turbocharged amount. It's more than triple the previous record."