Institute on Taxation and Economic Policy

Local Policy Analyst

March 7, 2024 • By ITEP Staff

Local Policy Analyst

ITEP seeks a Local Policy Analyst or Senior Policy Analyst to advance equitable and adequate tax policy in cities, towns, and counties across the country.

Tax Cuts Fail Again in Kansas and Wisconsin; Lawmakers Should Pivot to Proven Investments

The governors of both Kansas and Wisconsin recently stood up to legislators who tried to push through costly tax cuts that would overwhelmingly benefit the most well-off. Lawmakers in those states and others should shift their focus from expensive, top-heavy tax cuts to tried and true policies that help middle-class and low-income families.

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Moving the Needle Toward Tax Fairness in the States

March 4, 2024 • By Jon Whiten

Moving the Needle Toward Tax Fairness in the States

While many state lawmakers have spent the past few years debating deep and damaging tax cuts that disproportionately help the rich, more forward-thinking lawmakers have improved tax equity by raising new revenue from the well-off and creating or expanding refundable tax credits for low- and moderate-income families.

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Corporate Tax Avoidance in the First Five Years of the Trump Tax Law

February 29, 2024 • By Matthew Gardner, Spandan Marasini, Steve Wamhoff

Corporate Tax Avoidance in the First Five Years of the Trump Tax Law

The Trump tax law overhaul cut the federal corporate income tax rate from 35 percent to 21 percent, but during the first five years it has been in effect, most profitable corporations paid considerably less than that.

IRS Commissioner, New GAO Report Highlight Importance of Proper IRS Funding

A new GAO report and Commissioner Werfel’s testimony highlight the value and necessity of a well-funded and functioning IRS. Most families and businesses do their best to pay taxes accurately and on time. The nation benefits from a modern revenue agency that can make this process as easy and simple as possible and identify complex tax schemes that deprive the country of revenues.

House SALT Proposal is Expensive, Unneeded, and Poorly Designed

The SALT Marriage Penalty Elimination Act passed by the House Rules Committee on February 1 is costly, decreasing tax revenue by about $8 billion in 2023. It also mostly only helps taxpayers who are already well off.

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Impacts of the Tax Relief for American Families and Workers Act

February 2, 2024 • By Joe Hughes, Steve Wamhoff

Impacts of the Tax Relief for American Families and Workers Act

The Tax Relief for American Families and Workers Act passed by the House of Representatives on January 31 is a compromise between lawmakers who want to address child poverty and lawmakers who want to expand the Trump tax cuts for corporations and therefore includes provisions that do both. It also offsets the costs of those […]

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What Do We Mean By “The Rich” — and Does it Matter?

January 29, 2024 • By Michael Ettlinger

What Do We Mean By “The Rich” — and Does it Matter?

It doesn’t matter if someone with a family income of $800,000 per year thinks they aren’t rich because they can’t quit their jobs and retire to a luxury home on the beach in Malibu. They can call themselves what they want. The point is that they are richer than 99 percent of the population and can afford to pay more.

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Three Things to Know This Tax Filing Season

January 26, 2024 • By Joe Hughes

Three Things to Know This Tax Filing Season

The IRS Direct File pilot is currently open to eligible taxpayers here. Millions of American families have now received their W-2s for 2023, signaling the start to a new tax filing season. The IRS has set January 29 as the first date that people can file their tax returns for the previous year, and the […]

State Tax Watch 2024

January 23, 2024 • By ITEP Staff

State Tax Watch 2024

Updated July 15, 2024 In 2024, state lawmakers have a choice: advance tax policy that improves equity and helps communities thrive, or push tax policies that disproportionately benefit the wealthy, drain funding for critical public services, and make it harder for low-income and working families to get ahead. Despite worsening state fiscal conditions, we expect […]

Latest Kansas Tax Plan Would Provide an Estimated $875,000 Tax Cut to Charles Koch

Last week, both houses of the Kansas legislature approved a significant tax cut centered around replacing the state’s graduated rate income tax structure with a flat tax instead. The bulk of this would flow to upper-income families, mostly through lowering the state’s top income tax rate from 5.7 to 5.25 percent. This tax cut would […]

Ongoing Use of Offshore Tax Havens Demonstrates the Need for the Global Minimum Tax

Key Findings To avoid taxation, American corporations use accounting gimmicks that make profits appear to be earned in foreign jurisdictions which tax corporate profits very lightly or not at all. In 2020, American corporations claimed profits in 15 of these jurisdictions that were often far too high to be possible. For example, in four jurisdictions […]

Proposed Tax Deal Would Help Millions of Kids with Child Tax Credit Expansion While Extending Damaging Corporate Tax Breaks

On January 16, Congressional tax writers officially announced the details of a tax policy agreement. The deal includes expansions of the Child Tax Credit (CTC) to improve access for low- and middle-income families as well as expansions of the 2017 Trump tax cuts for businesses. The agreement also includes bipartisan tax priorities tax provisions for […]

U.S. Average: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

U. S. Average Download PDF All figures and charts show 2024 state and local tax law, presented at 2023 income levels. These figures depict taxes paid by residents to their home states. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.7 percent) state and local tax revenue collected […]

Wyoming: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

Wyoming: Who Pays? 7th Edition

Wyoming Download PDF All figures and charts show 2024 tax law in Wyoming, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.8 percent) state and local tax revenue collected in Wyoming. State and local tax shares of family income Top 20% Income Group […]

Utah: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

Utah Download PDF All figures and charts show 2024 tax law in Utah, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.5 percent) state and local tax revenue collected in Utah. State and local tax shares of family income Top 20% Income Group […]

Wisconsin: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

Wisconsin: Who Pays? 7th Edition

Wisconsin Download PDF All figures and charts show 2024 tax law in Wisconsin, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.4 percent) state and local tax revenue collected in Wisconsin. State and local tax shares of family income Top 20% Income Group […]

West Virginia: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

West Virginia: Who Pays? 7th Edition

West Virginia Download PDF All figures and charts show 2024 tax law in West Virginia, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.3 percent) state and local tax revenue collected in West Virginia. These figures depict West Virginia’s personal income tax at […]

Washington: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

Washington: Who Pays? 7th Edition

Washington Download PDF All figures and charts show 2024 tax law in Washington, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.3 percent) state and local tax revenue collected in Washington. As seen in Appendix D, the state’s new Working Families Tax Credit […]

Virginia: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

Virginia: Who Pays? 7th Edition

Virginia Download PDF All figures and charts show 2024 tax law in Virginia, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (98.8 percent) state and local tax revenue collected in Virginia. These figures depict Virginia’s standard deduction at its 2024 levels of $8,500 […]

Vermont: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

Vermont: Who Pays? 7th Edition

Vermont Download PDF All figures and charts show 2024 tax law in Vermont, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.7 percent) state and local tax revenue collected in Vermont. State and local tax shares of family income Top 20% Income Group […]

Texas: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

Texas: Who Pays? 7th Edition

Texas Download PDF All figures and charts show 2024 tax law in Texas, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.5 percent) state and local tax revenue collected in Texas. State and local tax shares of family income Top 20% Income Group […]

Tennessee: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

Tennessee: Who Pays? 7th Edition

Tennessee Download PDF All figures and charts show 2024 tax law in Tennessee, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.3 percent) state and local tax revenue collected in Tennessee. State and local tax shares of family income Top 20% Income Group […]

South Dakota: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

South Dakota: Who Pays? 7th Edition

South Dakota Download PDF All figures and charts show 2024 tax law in South Dakota, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.6 percent) state and local tax revenue collected in South Dakota. State and local tax shares of family income Top […]

South Carolina: Who Pays? 7th Edition

January 9, 2024 • By ITEP Staff

South Carolina: Who Pays? 7th Edition

South Carolina Download PDF All figures and charts show 2024 tax law in South Carolina, presented at 2023 income levels. Senior taxpayers are excluded for reasons detailed in the methodology. Our analysis includes nearly all (99.8 percent) state and local tax revenue collected in South Carolina. These figures depict South Carolina’s top income tax rate […]