While lawmakers disagree sharply over what our tax law should look like, there should be no argument that we must enforce tax laws currently on the books. Yet, Republican Congresses systematically weakened the IRS’s ability to enforce tax laws by defunding the agency, resulting in hundreds of billions in lost tax revenue every year. Two bills introduced in the U.S. House would address this by increasing tax audits of big corporations and high-income individuals and by providing more resources to the IRS.
ITEP's Research Priorities
- Blog
- Cannabis Taxes
- Corporate Taxes
- Corporate Taxes
- Earned Income Tax Credit
- Education Tax Breaks
- Estate Tax
- Federal Policy
- Fines and Fees
- Immigration
- Income Taxes
- Inequality and the Economy
- ITEP Work in Action
- Local Income Taxes
- Local Policy
- Local Property Taxes
- Local Refundable Tax Credits
- Local Sales Taxes
- Maps
- News Releases
- Personal Income Taxes
- Property Taxes
- Property Taxes
- Publications
- Refundable Tax Credits
- Sales, Gas and Excise Taxes
- Sales, Gas and Excise Taxes
- SALT Deduction
- Select Media Mentions
- Social Media
- Staff
- Staff Quotes
- State Corporate Taxes
- State Policy
- State Reports
- States
- Tax Analyses
- Tax Basics
- Tax Credits for Workers and Families
- Tax Credits for Workers and Families
- Tax Reform Options and Challenges
- Taxing Wealth and Income from Wealth
- Trump Tax Policies
- Who Pays?
-
blog February 19, 2021 Enforcing Current Tax Law Makes Financial Sense
-
media mention February 16, 2021 Bond Buyer: Direct Aid to Local Governments Is on the Way
Nationally the expansion of the EITC for workers without children would be the largest since 2009. “The Institute on Taxation and Economic Policy estimates that such expansions along with direct… -
media mention February 16, 2021 CBS News: Stimulus bill would boost incomes of poorest Americans by nearly $4,000
nder the plan advancing in the House Ways and Means Committee, the next stimulus bill would send $1,400 to eligible people, as well as expand the Child Tax Credit (CTC) and… -
media mention February 16, 2021 NEXSTAR Media Wire: Biden stimulus plan would boost incomes for poorest, analysis shows
President Joe Biden’s $1.9 trillion American Rescue Plan would benefit millions of Americans, but it would have an outsized impact for the people who make up the poorest fifth of… -
media mention February 16, 2021 The New York Times: California: Liberal Model or Cautionary Tale?
Below is an excerpt of an LTE by ITEP Research Director Carl Davis: Of course, the very richest people in California pay more tax than they would if they… -
media mention February 16, 2021 Nasdaq.com: World Reimagined Podcast
An analysis by the Institute on Taxation and Economic Policy (ITEP) showed that U.S. President Joe Biden’s $1.9 trillion American Rescue Plan would benefit millions of Americans and would have… -
media mention February 15, 2021 Fox Business: Biden’s $1.9T stimulus would give almost $3,600 to poorest Americans, analysis finds
The Institute on Taxation and Economic Policy (ITEP), a left-leaning nonpartisan think tank, analyzed the cash payment and tax proposals from the House Ways and Means Committee as part of… -
media mention February 15, 2021 Thestranger.com: The Choice Is Clear for Washington Democrats: Pass Progressive Taxes or Perpetuate a Racist Tax Code
In their analysis of a new report from the Institute on Taxation and Economic Policy, the Budget and Policy Center showed that the effective state and local tax rate for… -
media mention February 15, 2021 Progressive.org: A Chance for New Beginnings
Besides doing essential work, undocumented workers contribute $11.7 billion a year in state and local taxes, according to a 2017 estimate by the Institute on Taxation and Economic Policy. Read… -
media mention February 14, 2021 CNBC: A new child tax credit expansion could provide monthly income. Some question whether the help is too much or too little
The credit would phase out for those making above those levels, where it would be reduced and then plateau at $2,000 per child. It would be capped for individuals with… -
media mention February 11, 2021 New York Amsterdam News: To dismantle white supremacy we must tax the rich
To further compound racial inequality, other parts of our tax code essentially function as giveaways to the wealthiest white households. Take the tax deduction for income earned from pass-through businesses.… -
media mention February 10, 2021 Yahoo! Lifestyle: This Chart Explains What Your Family Will Get From The Stimulus Package
The economic repercussions of the pandemic have devastated many families: from teachers who have no choice but to return to the classroom toretail workers who find themselves out of work… -
media mention February 5, 2021 Wall Street Journal: Amazon’s U.S. Tax Costs Jumped in 2020. It Likely Would Pay Even More Under Biden Plan.
Amazon’s low reported tax expenses in earlier years, along with similar figures from other companies, helped spur Democratic proposals for minimum taxes that would affect them. “Half a loaf is… -
media mention February 5, 2021 Bloomberg: Cuomo, Murphy Call for More Covid Relief to Hardest-Hit States
New Jerseyans stood to pay $3.1 billion more in taxes annually as a result of the 2017 change, according to a study by the Institute on Taxation and Economic Policy,… -
media mention February 4, 2021 Washington Post: Here’s the new Democratic plan for $1,400 stimulus checks
The best argument in favor of the checks is that they have kept many Americans out of poverty during the crisis. An analysis by the left-leaning Institute on Taxation and… -
media mention February 4, 2021 CNBC: Fewer people may qualify for the $1,400 stimulus payments. Here’s why
At the same time, the additional $1,400, on top of the $600 payments sent earlier this year, would increase the incomes of the poorest 20% of Americans, those earning less… -
media mention February 4, 2021 Jacobin: The Washington Post Deserves 324 Billion Pinocchios for Its Attacks on Bernie Sanders
Kessler’s entire line of argument deserves about 324 billion Pinocchios — one for each dollar that flowed to the richest fifth of the country in just 2020 alone, according to… -
media mention February 4, 2021 Newsweek: Democrats May Block Millions of Families from Receiving Full Stimulus Checks
Senate Republicans on Monday proposed that Congress limit full stimulus checks to individuals earning up to $40,000 and couples earning $80,000—a move that would deny checks to an additional 80… -
media mention February 3, 2021 Public News Service: Report: Biden Relief Package Could Reduce Child Poverty in Nebraska
President Joe Biden’s proposal to expand the Child Tax Credit would help reduce child poverty and extend the credit to nearly half of all Black and Hispanic children, according to… -
media mention February 3, 2021 Jacobin Magazine: The Chamber of Commerce Wants to Slash COVID-19 Relief Checks. We Can’t Let Them
Senate Republicans on Monday proposed that Congress limit full stimulus checks to individuals earning up to $40,000 and couples earning $80,000 — a move that would deny checks to an additional eighty million… -
media mention February 3, 2021 NJ.com: Biden says GOP plan with $1,000 payments is too small as Senate moves ahead with his plan. Here’s the latest.
The Institute on Taxation and Economic Policy, a progressive research group, said that 90% of New Jersey adults and 91% of children would receive at least a partial payment. But… -
media mention February 2, 2021 Fiscal Times: Biden Urges Senate Dems to Go Big on Covid Relief
The difference translates to 80 million fewer people getting payments under the GOP plan, according to an analysis by the left-leaning Institute on Taxation and Economic Policy cited by the… -
media mention February 2, 2021 Washington Post: White House open to narrowing who qualifies for stimulus checks but keeping payments at $1,400 per person
Biden’s plan would provide stimulus payments to approximately 95 percent of the country, while the Republican plan, lowering the threshold to those making under $50,000 a year, would provide payments… -
media mention February 2, 2021 Bloomberg: Vehicle Mile Tax Draws Fresh Attention as Buttigieg Takes Post
Large segments of the population are as skeptical of government as they’ve ever been, so asking them to install devices in their vehicles to determine how far and sometimes even… -
media mention February 2, 2021 The Hill: Biden plan would provide more taxpayers stimulus checks than GOP’s
The Tax Foundation’s findings are similar to an estimate from the left-leaning Institute on Taxation and Economic Policy that found that about 95 percent of adults and children are in…