Institute on Taxation and Economic Policy (ITEP)
2,364 posts

Policy Matters Ohio: Analysis Shows Ohio Capital Gains Tax Cut Is Another Handout for the Rich

• By ITEP Staff

Policy Matters Ohio analysis of data from the Institute on Taxation and Economic Policy demonstrates the drawbacks of eliminating the state and local capital gains tax. Read more.

Washington Center for Equitable Growth: The Other Two-Tiered U.S. Tax System: How Pass-Through Businesses Let the Ultra-Wealthy Dodge Federal Taxes

• By ITEP Staff

Large entities get out of paying their fair share by filing as small businesses. The Institute on Taxation and Economic Policy argues for strengthening the corporate tax by closing the “pass-through loophole.” Read more.

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Maine Passes Millionaires’ Tax and Pushes Back on Federal Changes

• By Marco Guzman

Maine Gov. Janet Mills on Friday put her seal of approval on a supplemental budget bill that includes a “millionaires’ tax.”

Missouri Budget Project: Ill-Conceived Tax Proposals Would Increase Taxes for Most Missourians, Damage Communities & Economy

• By ITEP Staff

The proposal would allow for expanded sales taxes to supplement income tax cuts. Read more.

Stateline: A New Gold Rush: States Stockpile Bars, Encourage Gold-Backed Debit Cards

April 13, 2026

Georgia, Oklahoma, and Utah consider legislation that encourages residents to use gold-backed debit cards and provides tax exemptions for such spending. Proponents argue this would combat inflation. “It’s hard to imagine a way of inflation-proofing people’s lives that is less accessible to most Americans than doing it with gold,” said Matthew Gardner, a senior fellow […]

Every Texan: Two Property Tax Plans, One Fiscal Reality

• By ITEP Staff

Tax cuts make the system less fair. Circuit breakers, tax credits, and renters’ rebates can help housing affordability for low-income Texans at a lower cost to the state.  Read more.

The American Prospect: Live Tax-Free and Die

April 9, 2026

Reducing or eliminating property taxes will erode services by cutting off the source of revenue for local governments. Read more.

NPR: She Paid Into Medicare for Years. Trump’s Immigration Policy Will End Her Coverage

April 9, 2026

Eliminating coverage for immigrants with legal status is unprecedented. Undocumented immigrants paid $6.4 billion into Medicare and $25.7 billion into Social Security in 2022, according to the Institute on Taxation and Economic Policy. Read more.

State Tax Watch 2026

• By ITEP Staff

ITEP tracks tax discussions in legislatures across the country and uses our unique data capacity to analyze the revenue, distributional, and racial and ethnic impacts of many of these proposals. State Tax Watch offers the latest news and movement from each state.

FACT Coalition: Take the Money and Run – Amidst Oil Price Windfalls, U.S. Oil Majors Continue to Pay Less Tax at Home than Abroad

• By ITEP Staff

The largest U.S. oil and gas companies continue to pay substantially more tax abroad than at home. Corporate tax breaks passed into law last summer are further reducing the effective tax rates of American oil and gas companies. Companies are required to reveal additional details about their taxes due to new accounting standards.  Read more. […]

The Guardian: Billionaire Fortunes Have Reached All-Time Highs Under Trump. So Has the Movement To Tax Them

April 6, 2026

In at least 10 states, residents are organizing campaigns to tax wealth to fund schools, prisons, and other social services. Read more.

Brookings: The Caregiving Crisis and the 2026 Vote

• By ITEP Staff

Children in the bottom 20% of households are left out of OBBBA childcare tax credits, according to the Institute on Taxation and Economic Policy.  Read more.

Gov. Evers Vetoes Bill Requiring Wisconsin to Opt Into Nationwide Expansion of Private Voucher Schools

• By ITEP Staff

The vetoed bill would have redirected funds from public schools and public education to expand private voucher schools. Read more.

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Travelers’ Checks: How to Tax Tourists in States and Localities

• By Rita Jefferson

Taxing tourists is a relatively efficient way to ensure that visitors are paying a share of essential government services. Places with a modest number of tourists should limit general sales tax rates to minimize the effect on the full-time population. Places with higher proportions of tourists may have higher sales tax rates to better capture the economic behavior of tourists.

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The Progress of Tax Policy: Q&A With Vanessa Williamson, Author of ‘The Price of Democracy’

• By Brakeyshia Samms

Williamson speaks about why tax politics has long been tied to questions of democratic inclusion, what history can teach us about today’s tax debates, and how tax policy shapes the future of American democracy.

Oxfam: The Case for Fairly Taxing the Rich in New York

• By ITEP Staff

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Politico: Governors Forgo Past Response to High Gasoline Prices

March 26, 2026

State budgets are stretched thinner than they were in 2022 when Russia’s invasion of Ukraine prompted gas tax holidays. Today, a gas tax holiday could have even less effect than 2022’s underwhelming impacts. Read more.

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State Rundown 3/26: Sobering Revenue Projections Keep States on Their Toes

• By ITEP Staff

This week, troubling revenue projections are making headlines, with many lawmakers scrambling to determine how the tax changes at the federal level, plus price hikes driven by national policy decisions, will impact their states.

Stateline: Gas Prices Rise Again As Some States Consider Tax Holidays

March 25, 2026

When fuel supply is constrained, a significant share of the savings can be absorbed within the oil and gas supply chain rather than passed on at the pump. State-level examples reflect similar patterns, as seen in a recent ITEP analysis. Read more.

Economic Policy Institute: How ARPA State and Local Fiscal Recovery Funds Helped Ensure a Swift Post-COVID Recovery

• By ITEP Staff

With sufficient funding and a flexible structure, the Biden administration equipped every community with resources tailored to its needs. Future policies can look to the success of ARPA’s State and Local Fiscal Recovery Fund to address a widespread crisis, whether it’s a global pandemic, climate disaster, economic downturn, or some combination of the three.   […]

USA Today: Californians Want To Tax Billionaires. They’re Threatening To Leave.

March 25, 2026

Carl Davis, research director at the Institute on Taxation and Economic Policy, predicts the number of billionaires who might leave California over the billionaire tax “will be greater than zero, but still very, very small.” Read more.

Maine Center for Economic Policy: Nurses and Plumbers Shouldn’t Pay the Same Tax Rate As Multi-Millionaires. LD 229 and LD 1089 Change That.

• By ITEP Staff

Maine’s tax code currently asks more of families with middle income than it does of the wealthiest residents. The proposed progressive revenue reforms will raise stable, recurring funding while strengthening the broader economy. Read more.

FACT Coalition: ITEP Cited in Review of Multinational Disclosures

• By ITEP Staff

The U.S. tax code continues to encourage America’s largest corporations to stash profits in tax havens. According to ITEP, these 2025 tax breaks have reduced corporate tax bills by more than $100 billion. Read more.  

Testimony: ITEP’s Nick Johnson on D.C. Amendment to SALT Cap Workarounds

• By Nick Johnson

A written testimony before the Council of the District of Columbia, Committee of the Whole on B26-0324, the “Pass-Through Entities Income Tax and Tax Credit on certain S Corporations and Partnerships Amendment Act of 2025” by Nick Johnson at the Institute on Taxation and Economic Policy on March 19, 2026 Chairman Mendelson and members of […]

Remapping Debate: With IRS Enforcement Down, State and Local Tax Revenues Could Suffer, Too

March 23, 2026

“There is no substitute for a robust federal tax enforcement program,” Carl Davis, research director at the Institute on Taxation and Economic Policy, said. “But even so, states should still do their best to fill the gaps that have been created by drastic cuts to IRS enforcement.” Read more.