Many state lawmakers see any economic challenge as an excuse to cut taxes and in 2022, some are citing inflation as a reason to do so. All eyes today are on the inflation rate facing consumers which, spurred on in part by rising corporate profits, is now running at its fastest pace in decades. But […]

Read as PDF The Institute on Taxation and Economic Policy (ITEP) is a non-profit research organization that analyzes tax laws and tax proposals at the federal, state and local levels. ITEP’s work demonstrates the need to raise more revenue from corporations and wealthy individuals. Our small, influential staff works with policymakers and front-line partners to research, support, and develop tax policies that address […]

Read as PDF The Institute on Taxation and Economic Policy seeks an experienced communications director to build the visibility and influence of our tax policy research. This senior position reports to ITEP’s executive director. ITEP, a non-profit, non-partisan research organization, conducts rigorous analyses of tax and economic proposals and provides recommendations to shape tax policy. […]

Spandan is an Associate Data Analyst in ITEP’s Data and Model Team. He utilizes the organization’s microsimulation tax model to understand wealth concentration within the United States and prepares outputs for reports, campaigns, and advocacy on the impact of tax policy on everyday people.

Billionaires can afford to pay a larger share of their income in taxes than teachers, nurses and firefighters. But our tax code often allows them to pay less, as demonstrated by the latest expose from reporters at ProPublica using IRS data.    According to their calculations, Betsy DeVos, the Education Secretary under former President Donald Trump, […]

The Institute on Taxation and Economic Policy, the country’s premier progressive tax policy research organization, seeks a model development intern for 28 hours a week for 10 weeks between June and August 2022, with flexibility on precise dates. Preference given to those available for on-site work in Northeast Ohio but remote applicants may apply.

One of the most surprising trends this legislative session is that conservative leaders and the business community joined with progressive advocates to oppose income tax repeal plans. There is a general consensus that income tax repeal is a step too far.

In 2021, the 11 states that allowed legal sales within their borders raised nearly $3 billion in  cannabis excise tax revenue, an increase of 33 percent compared to a year earlier. While the tax remains a small part of state budgets, it’s beginning to eclipse other “sin taxes” that states have long had on the books.

Long-term troubles for this country and this planet now demand our attention. Progressive tax policy would transform our ability to tackle them.

Find the answers to some frequently asked questions about President Biden's Billionaires’ Minimum Income Tax, which would limit very wealthy individuals’ ability to put off paying income taxes on capital gains until they sell assets.

With both assessments and appraisals being unfair, homeowners of color are stuck between a rock and a hard place when it comes to determining the worth of what is, for most homeowners, their most valuable asset.

The following is a statement from Amy Hanauer, executive director of the Institute on Taxation and Economic Policy, on the Biden administration’s inclusion of a Billionaire Minimum Income Tax in its latest budget proposal: “Creating a Billionaire Minimum Income Tax would ensure for the first time that the very wealthiest people in this country, those […]

The Biden administration has several options to address tax reform even when Congress is unable or unwilling to help.

Women’s History Month is a chance to remember what happens for women when tax policy becomes more progressive, boosts income, and helps make raising a family more affordable.

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The success of the American Rescue Plan Act is worth revisiting today. Instead of pursuing Sen. Rick Scott’s agenda of making life more difficult for those already working the hardest, Congress should extend or make permanent some of the beneficial policies in ARPA.

A proposal from Sen. Rick Scott would increase taxes for more than 35% of Americans, with the poorest fifth of Americans paying 34% of the tax increase.