March 18, 2025 • By ITEP Staff
Contact: Jon Whiten ([email protected]) A bill introduced in Congress would create an unprecedented 100% tax credit for donations to nonprofits that give out private K-12 school vouchers and create a lucrative tax shelter that would further enrich some of America’s wealthiest individuals. If passed, the Educational Choice for Children Act of 2025 (ECCA) would cost […]
March 18, 2025
Texas’ tax system is upside-down. When it comes to funding our public services, schools, and state and local governments, Texans with lower incomes are expected to pay more than their fair share. Read more.
March 17, 2025
ITEP Executive Director Amy Hanauer appeared on CNN on March 17, 2025 to discuss the ongoing attack by DOGE and Congress on the IRS.
March 17, 2025
As the 2025 General Assembly reaches its midway point, the most pressing issue facing lawmakers is the state’s budget deficit. ITEP Senior Fellow Matt Gardner joined Midday to share the details of Gov. Wes Moore’s budget proposal. Listen to the full audio here.
March 15, 2025
Florida has a new and dubious distinction: The nation’s most unfair tax code. Gov. Ron DeSantis and some legislators aim to make it even worse. After years of ranking second or third, Florida is now considered the absolute worst in terms of how much less a percentage of their incomes Donald Trump and other wealthy […]
March 14, 2025
During the 2025 legislative session, Washington state lawmakers face a budget shortfall that threatens funding for the public programs we all rely on. Read more.
March 13, 2025 • By Brakeyshia Samms
To curb the impact of property taxes on working families, lawmakers should improve or implement a property tax circuit breaker program. The program works like this: when families are overloaded with their property taxes, the circuit breaker kicks in and helps alleviate the pressure these taxes put on family budgets.
March 11, 2025
Elon Musk, the world’s richest individual, suggested on Monday that his government cost-cutting team would scrutinize Social Security and other entitlement spending, describing the expenditures as rife with fraudulent transactions and repeating a conspiracy theory that Democrats were using the programs as a “gigantic magnet to attract illegal immigrants and have them stay in the […]
March 10, 2025
New fact sheets from the Economic Policy Institute illustrate the positive economic impact of immigrant workers in every state–and cite recent research on how much President Trump’s mass deportation agenda could cost states in tax revenue. Read more.
March 6, 2025
The Trump administration’s stringent immigration policies are causing a public health crisis, marked by severe mental and physical health consequences for detained immigrants in overcrowded and unsafe detention centers, which places a substantial financial burden on the US health care system. Read more.
March 5, 2025
The Trump administration claims gutting federal agencies will save money, but cutting the IRS means the government collects less taxes. “If you’re interested in the deficit and curbing it, why would you cut back on the revenue side?” one expert asks. Read more.
March 5, 2025
As most Americans know, we are living in a pivotal moment in American history – facing unprecedented challenges. How we respond to this moment will impact not only OUR lives, but the lives of our kids and grandchildren and, in terms of climate change, the very health and well-being of our planet. Read more.
March 5, 2025
The number of states imposing sales taxes on groceries has shrunk over the years, and the number may decrease further in the coming months as lawmakers hear complaints about high prices for eggs and other household staples. Read more.
March 4, 2025
This testimony was delivered to a joint session of Maryland’s House Appropriations and Ways and Means Committees on February 27, 2025. Thank you for the opportunity to provide testimony on the Budget Reconciliation Act of 2025. My name is Miles Trinidad, and I’m a state analyst with the Institute on Taxation and Economic Policy, a […]
March 4, 2025
In response to the recent passage by the House of Representatives of a budget resolution that seeks to cut hundreds of billions in funding for programs like Medicare, Medicaid, and the Supplemental Nutrition Assistance Program (SNAP), the Senate Health, Human Services, and Senior Citizens Committee has passed a resolution from Senator Troy Singleton and Senate […]
March 3, 2025
ITEP Senior Fellow Matt Gardner recently spoke to Sonali Kolhatkar about how worldwide combined reporting can be used to crack down on corporate tax avoidance. You can watch the full video here.
March 3, 2025
A new in-depth report is strengthening the push to eliminate Tennessee’s state sales tax on groceries without cutting essential public services. The analysis shows that closing corporate tax loopholes could generate nearly $900 million in revenue—enough to offset the cost of repealing the grocery tax entirely. Read more.
February 27, 2025
In a special legislative session late last year, Louisiana passed a sweeping overhaul to its tax system year that saw the state income tax slashed to a flat tax rate and increased the rates of the state sales tax. Some have said the new tax system is a very modest improvement, while others find it […]
February 27, 2025
ITEP Senior Fellow Matt Gardner submitted the written testimony below to Maryland’s House Ways & Means Committee on February 20, 2025. Video of his oral testimony is at the bottom of this post. Thank you for the opportunity to submit written testimony. My name is Matthew Gardner. I am a senior fellow at the Institute […]
February 25, 2025
House Bill 116 in this year’s state legislative session in Hawai’i cites ITEP data on the revenue potential of worldwide combined reporting (WWCR). (For more on WWCR, read our recent report here.)
February 22, 2025
Proposed Medicaid cuts could affect over 400,000 Mainers, especially children, older adults, and families with low income, reducing access to essential health care and economic stability. Read more.
February 22, 2025
Conservative revenue estimates released this week by the Institute on Taxation and Economic Policy (ITEP) project hundreds of millions of dollars in new revenues for Maryland once you close the loophole that allows a small group of the world’s most aggressive global giants to dodge their responsibility to the people of Maryland. Read more.
February 20, 2025
President Trump issued an order Thursday aimed at preventing taxpayer money from supporting immigrants without legal status. Read more.
February 20, 2025 • By ITEP Staff
Worldwide combined reporting negates the tax benefits of shifting corporate income offshore Public polling has consistently shown for decades that most people believe big multinational corporations are paying too little in taxes. Closing the loopholes these corporations use to avoid taxes is one of the most effective – and popular – solutions to this problem. […]
February 11, 2025
ITEP State Analyst Miles Trinidad spoke to WUSA9 TV about Gov. Wes Moore’s proposed tax reform package. Video is embedded below, and link to the story is here.