
July 27, 2026
Shoppers are especially focused on value and spacing out purchases as they shop for back to school this summer, but overall spending is still expected to reach record levels.
July 24, 2026 • By Steve Wamhoff
A former Democratic senator from Nebraska has joined Saving America’s Family Enterprises and taken up its cause of opposing wealth taxes.
July 23, 2026 • By Matthew Gardner
This week a U.S. House of Representatives committee approved a bill that would effectively take away Washington, D.C.’s fiscal autonomy, requiring Congressional approval of any new D.C. laws that increase taxes or fees.
July 21, 2026 • By Rita Jefferson
In 2026, cities, counties, and school districts must manage tax cuts coming from federal and state governments, the end of federal pandemic aid, rising costs, and a stagnant economy. This challenging environment is forcing municipalities of all types to ask how they can best fund core priorities and invest in communities in the long term.
Many states have repeatedly cut top personal and corporate income tax rates in recent years, sometimes while approving increased sales tax rates to push tax systems in a more regressive direction. Other states, however, have charted a very different course and have moved to increase taxes on higher income households to fund public services.
As many states enter a new fiscal year this month, it’s an ideal time to take a closer look at a major but often overlooked category of government spending: tax expenditures. To make these programs easier to explore and compare, ITEP has updated its state-by-state tax expenditure reports resource.
July 16, 2026 • By Matthew Gardner
U.S. Senator Chris Van Hollen and U.S. Representative Brittany Pettersen led their colleagues in reintroducing the Disclosure of Tax Havens and Offshoring Act, legislation to provide transparency around corporations’ use of tax havens and incentives to offshore jobs.
July 16, 2026 • By Matthew Gardner
Sen. Chris Van Hollen introduced legislation requiring big multinational corporations to tell shareholders and the public what they’re already telling tax authorities behind closed doors: how much income they’re booking in specific offshore tax havens and how little tax they’re paying to these jurisdictions.
Twenty states have sales tax holidays in 2026. These sales tax holidays will cost states and localities nearly $600 million in lost revenue this year, and they're poorly targeted and too temporary to meaningfully change the regressive nature of a state’s tax system.
July 15, 2026 • By ITEP Staff
In early August, Missouri voters will decide one of the most consequential state tax policy questions in recent memory: whether to eliminate their state’s personal income tax.
July 14, 2026 • By ITEP Staff
Proposition 3 will appear on the November 2026 statewide ballot, asking California voters whether to make permanent the higher-income tax rates on the state’s highest earners.
July 14, 2026 • By Eli Byerly-Duke
On August 4, Missouri voters will vote on whether to increase taxes on the middle class and seniors to fund tax cuts for the richest households in the state.
July 14, 2026 • By ITEP Staff
Immigrants made up 29 percent of Napa County’s workforce as of 2019–23, with those working in the wine and hospitality industry generating an estimated $1.5 billion in county GDP.
July 14, 2026 • By Matthew Gardner
Administration officials appear far more concerned about the public knowing too much about how U.S. corporations shift their income into offshore tax havens.
July 13, 2026 • By ITEP Staff
According to the Institute on Taxation and Economic Policy, immigrants without documentation contributed $436.5 million in state and local taxes in Colorado in 2022.
July 13, 2026 • By ITEP Staff
“Congress often tinkers with the tax code from one year to the next, so state conformity debates happen all the time, says Carl Davis, research director at the Institute on Taxation and Economic Policy. “But they’re usually much more minor considerations.”
July 13, 2026 • By ITEP Staff
The Institute on Taxation and Economic Policy found the OBBBA “will increase taxes for most Americans, significantly expand income inequality, and add trillions to the national debt, while delivering substantial tax cuts to high-income households, corporations, and foreign investors.”
July 13, 2026
"The top 1%, in fact, are in line to get $1 trillion in tax cuts from the law over a decade," Jon Whiten, deputy director of the nonpartisan Institute on Taxation and Economic Policy, or ITEP, told CBS News.
July 13, 2026
Nick Johnson, senior fellow at the Institute on Taxation and Economic Policy, another Washington, D.C.-based nonprofit and nonpartisan tax policy organization, told the Hawaii Tax Review Commission during a June 16 meeting that the state's personal income tax is "quite progressive" given its graduated rate structure and low-income tax credits.
July 9, 2026
In the South, rising costs averaged to about an additional $39.42 in monthly expenses on gas, according to data from the Institute on Taxation and Economic Policy.
July 2, 2026 • By ITEP Staff
The recent explosion of artificial intelligence (AI) and the construction of data centers threatens to swallow the US economy and transform society.
July 2, 2026 • By Aidan Davis
In a year of cautious uncertainty around current and ongoing revenues, many state lawmakers strengthened their tax credits for families and children.
July 1, 2026 • By Brakeyshia Samms
After 250 years, our leaders must show a commitment to completing the unfinished work of American democracy.
June 30, 2026 • By Matthew Gardner
Microsoft reports a huge share of its worldwide profit in low-tax Ireland and is achieving this despite having a very small share of its employees there. As other companies make similar disclosures between now and the end of calendar year 2026, investors and the public will likely get a much clearer sense of how much profit corporations are hiding offshore—and how much tax they’re avoiding by doing so.
June 30, 2026 • By ITEP Staff
Under H.R. 1, the federal tax package passed last year, the richest 1% of Arizonans are set to receive an average tax cut of nearly $80,000, according to the Institute on Taxation and Economic Policy. The lowest-income 20% of Arizonans will receive about $10. Read more.