698 posts
The Trump Administration Slashed Taxes for H&R Block and Raised Costs for Tax Filers
• By Joe Hughes
Tax-prep giant H&R Block paid no federal taxes on its U.S. income in 2025. It also made a public disclosure, required by the European Union, characterizing one-third of its global profits as earned in Ireland, a low-tax country where the company offers no tax services and has only 15 employees.
Five Things to Know About the Trump Administration’s New Effort to Deny Tax Credits to Lawfully Present Immigrants
• By Carl Davis
Today the Trump administration proposed new regulations seeking to drastically reduce the tax credits that certain immigrant tax filers can claim. The affected credits include the Earned Income Tax Credit (EITC), Additional Child Tax Credit, American Opportunity Tax Credit, and the Adoption Tax Credit.
Video: ITEP’s Amy Hanauer Explores Tax Fairness on Story in the Public Square
August 19, 2026
It’s been said that the only things certain in life are death and taxes. But Amy Hanauer of the Institute on Tax Policy and Economic Policy says that for some, taxes might not be on that list anymore—with societal implications for us all. She’s discussing that this week with host Jim Ludes this week on […]
Institute for Policy Studies: A Perfect Storm: How Federal Policy Changes Are Increasing Economic Insecurity for America’s Families
• By ITEP Staff
This report examines how recent policy changes in healthcare, food assistance, housing, and immigration are affecting families and communities, while also outlining what to expect in the coming year.
Podcast: ITEP’s Amy Hanauer Discusses Tax Inequality on Civic Lens
August 18, 2026
Corporate taxes, economic inequality & who pays for government.
The American Prospect: The Companies That Got $83 Billion in Tax Breaks Last Year
August 18, 2026
According to a recent analysis by the Institute on Taxation and Economic Policy (ITEP), companies avoided paying more than $200 billion in federal income tax in 2025.
Six Companies Reaped $83 Billion in Federal Tax Breaks in 2025
• By Sarah Buttikofer, Matthew Gardner
Six companies alone accounted for $83 billion of federal tax breaks disclosed by publicly traded U.S companies so far for 2025. Microsoft received a record high for single-year federal tax breaks for one publicly traded company, followed by Alphabet, Amazon, Meta, JPMorgan Chase, and Nvidia.
State Rundown 8/13: Income Tax Elimination Fails in Missouri
• By ITEP Staff
In a win for Missouri workers and families, voters overwhelmingly rejected a proposed amendment that would have allowed lawmakers to replace the state's income tax with increased or expanded sales taxes.
How Federal Tax Policy Can Address AI
• By Steve Wamhoff, Joe Hughes, Erika Frankel
Congress could use its taxing power to ensure a fairer distribution of the fruits of labor, innovation and investment, address the specific harms (the negative externalities) of AI specifically, and acquire a public stake in the companies that are driving the AI revolution.
New Yorkers, Please Pay Your City Income Taxes: Why the Pied-à-Terre Tax Rollout Is Not Worth a Meltdown
• By Rita Jefferson
The news coverage of the second home tax has been disconnected from the real living conditions for the millions of New Yorkers who don’t own a second (or third, or fourth) home.
St. Louis Post-Dispatch: After Missouri Voters Reject Income Tax Plan, Governor Says He’ll Still Work to Cut Taxes
August 7, 2026
Voters overwhelmingly rejected a proposed constitutional amendment Tuesday that would have triggered the phase-out of the state’s income tax by giving lawmakers the ability to raise sales and services taxes.
Center for American Progress: Americans Pay the Price for Trump’s War While Oil and Gas Companies Get Rich
August 7, 2026
As Americans pay more at the pump, five of the top oil and gas companies have brought in $65.5 billion in profit so far this year—up 65 percent from this time last year.
Video: These airlines avoided almost all federal income taxes in 2025.
• By Marcus Rojas
Your travel costs are going up, but their tax bills are going down.
Trump Says Exxon and Chevron Are Ripping Off Americans, But His Own Policies Are to Blame
• By Matthew Gardner
President Trump lashed out at ExxonMobil and Chevron for “making too much money." These companies are reporting enormous profits right now, partly the result of Trump’s war in Iran but also due to the corporate tax policies he's passed during his time in office.
Congress Should Reject Proposed Tax Breaks for Crypto
• By Steve Wamhoff
Crypto provides no clear benefit and instead harms society in several ways. Even if crypto was useful in some way that outweighed the harms it causes, there is no reason to make exceptions that treat it more generously than other types of assets or transactions.
Video: The Trump administration wants to restrict tax credits for lawfully present immigrants.
• By Marcus Rojas
The Trump administration is targeting immigrants again.
State Rundown 7/14: 250 Years of Good Reasons to Tax the Rich
• By ITEP Staff
As our nation celebrates and reflects 250 years since its adoption of the Declaration of Independence, several states have moved to pass lingering budgets.
Video: Why are states handing out billions in tax breaks to data centers?
• By Marcus Rojas
State lawmakers are rushing to offers billions in subsidies to data centers.
Video: The 2026 FIFA World Cup will cost cities millions.
• By Marcus Rojas
How much is hosting the World Cup costing your city or state?
State Rundown 6/25: Trending This Summer? New Revenue!
• By ITEP Staff
It's the first official week of summer, and while many of us are planning vacations, state lawmakers remain busy finalizing and debating tax proposals.
Video: Our tax system helped Elon Musk become a trillionaire.
• By Marcus Rojas
Elon Musk can thank the U.S. government for the enormous tax breaks and subsidies that helped him become the world's first trillionaire.
The Impact of Proposed New Tax Credit Restrictions for Immigrant Filers: An Analysis of the DACA Recipient Population
• By Carl Davis, Erika Frankel, Emma Sifre
We find that 337,000 people in households with at least one DACA recipient will suffer financial harm, and that nearly two-thirds (66 percent) of the impacted individuals are U.S. citizens.
Video: Jimmy Kimmel Cites ITEP’s Corporate Tax Avoidance Work
• By ITEP Staff
"And he is so grateful to this country that allowed him to become a trillionaire, Tesla paid almost no federal income tax over the past three years."
Celebrate Juneteenth With Tax Justice for All
• By Brakeyshia Samms
If Juneteenth is to mean anything beyond symbolism, it must also be a call to confront the policies that continue to shape racial inequities today. One of the most powerful drivers of that inequity is our tax system.
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