Video: ITEP’s Kamolika Das on Revenue and Fines & Fees Reform

February 5, 2025

ITEP Local Policy Director Kamolika Das discussed revenue and the reform of fines and fees at this webinar hosted by the Fines & Fees Justice Center.

Roosevelt Institute: Taxing Excessive Profits: Designing a Pro-Competition Corporate Tax System

February 1, 2025

This brief—originally presented as a discussion guide to the October 2024 convening “Promoting Equity and Efficiency: Rethinking Corporate Taxation to Address Market Power,” hosted by the Institute for Macroeconomic & Policy Analysis and the Roosevelt Institute—establishes a groundwork for developing a truly pro-competition corporate income tax system, focusing in particular on the economic case for […]

Center for Law and Social Policy: The Earned Income Tax Credit Should be Expanded for Workers Without Children

February 1, 2025

The Earned Income Tax Credit (EITC) is a federal tax credit for workers with low and moderate incomes. The EITC helps to bolster their incomes and offset taxes owed; it is effective at reducing poverty and has traditionally received bipartisan support. But the EITC available to workers without dependent children in the household is small […]

Every Texan: Current Border Militarization Operations Are a Wasteful Attempt at Deterrence

January 31, 2025

There is little return to show on past border militarization investments. Beginning in 2021, the Governor launched a multi-year campaign called Operation Lone Star that, in part, allowed his Trusteed Programs office to distribute billions of dollars in grants to once resource-starved border communities. SB 1 prepares to double down on this failed investment with […]

Video: ITEP’s Marco Guzman Discusses the Tax Contributions of Undocumented Immigrants on Telemundo

January 27, 2025

ITEP Senior Policy Analyst Marco Guzman discusses the tax contributions of undocumented immigrants in this TV clip.

Newsweek: California Braces for Donald Trump’s Immigration Crackdown

January 23, 2025

California is gearing up for President Donald Trump’s immigration crackdown, which includes mass deportations and sweeping raids targeting undocumented immigrants. Read more.

Accountable.US and Americans for Tax Fairness: The Price of Big Business: The Corporate Tax Ten

January 22, 2025

With portions of the Trump 2017 corporate tax giveaways set to expire in 2025, government watchdog Accountable.US and Americans for Tax Fairness today released a damning new report revealing how a small number of top corporations—including familiar names like Apple, Microsoft, and JP Morgan—bring in a huge amount of national profits while paying shockingly little in taxes. […]

Business Insider: Trump’s Mass Deportation Plan Could Drain More Than $20 Billion a Year from Social Security

January 22, 2025

President Donald Trump’s mass deportation plans could have a significant economic side effect: draining the Social Security fund. As more Americans reach retirement age — many without adequate savings — Social Security can be a financial anchor. The checks average $1,976 monthly, and thousands of older adults told Business Insider they rely on the money to pay for essentials. However, the checks often […]

Audio: ITEP’s Eli Byerly-Duke Discusses California’s Tax System with Stew Jenkins

January 22, 2025

ITEP State Policy Analyst Eli Byerly Duke appeared on the SLO County Public Policy & The Law program on K-News 98.5 to discuss California’s tax system. Listen here.

Money: Congress Is Gearing Up for a Fight Over Trump’s Tax Cuts

January 20, 2025

Once the fanfare of Donald Trump’s inauguration fades, Congress has to get to work on taxes — and it won’t be pretty. At issue is the Tax Cuts and Jobs Act of 2017, which was a hallmark of Trump’s first term. Abbreviated TCJA, the law made sweeping changes to the U.S. tax code that slashed the […]

Audio: ITEP’s Marco Guzman Talks to NC Newsline About the Costs of Mass Deportation

January 20, 2025

Among the actions that the new Trump administration is expected to make a top priority in the coming days is an aggressive new mass deportation initiative targeting the nation’s millions of undocumented immigrants. It’s a plan that may sound superficially appealing to many Americans, but as we learned in a recent conversation NC Newsline had […]

Federal Reserve Bank of Minneapolis: Fiscal Progressivity of the U.S. Federal and State Governments

January 18, 2025

Combining a variety of survey and administrative data, this paper measures the progressivity of taxes and transfers at the U.S. federal level and separately for each state. Read more.

CNBC: These Five Republicans Are Ready to Derail Trump’s Tax Cuts Over the SALT Cap

January 17, 2025

An influential group of five House Republicans from high-tax states is threatening to hold up a major tax package that is a top priority for President-elect Donald Trump unless they get a significant boost to the amount that their constituents can deduct from federal income taxes to reflect state and local taxes already paid. Read more.

Associated Press: Maryland Gov. Moore Includes Income Tax Increases for Wealthy Residents to Help Address $3B Deficit

January 16, 2025

Maryland Gov. Wes Moore released a budget plan Wednesday that includes higher income tax rates for taxpayers who make more than $500,000, as well as about $2 billion in spending reductions throughout state government to address a $3 billion deficit. Read more.

Maryland Secretary of Budget & Management Cites ITEP Data in Presenting Governor’s Tax Plan

January 16, 2025

Center for American Progress: Scott Bessent’s 3 Percent Deficit Target Would Require Massive Cuts to Anti-Poverty Programs and Middle-Class Tax Increases

January 16, 2025

Basic arithmetic suggests that the fiscal goals of President-elect Donald Trump’s treasury pick would slash health care and food security for working- and middle-class families while renewing tax cuts tilted to the wealthy. Read more.

New Mexico In Depth: Poverty Fell More Than a Third in New Mexico Due to Tax Changes, But There’s More to Do

January 14, 2025

Federal data released last fall show that, after accounting for government benefits, over the last decade the share of New Mexicans experiencing poverty declined more than in almost any other state. That coincides with a period in which state lawmakers significantly altered tax rates to reduce the burden on low-income residents. They enacted and expanded […]

ITEP’s Kamolika Das’ Testimony to the Philadelphia Tax Reform Commission

January 11, 2025

ITEP’s Kamolika Das testified in front of the Philadelphia Tax Reform Commission on January 9, 2025. The commission has been charged to examine the city’s overall tax system and propose ways to make it more inclusive, equitable, and growth oriented, and it has been considering changes to the city’s net profits tax and business income […]

2024 Economic Report of the President

January 10, 2025

The Economic Report of the President (ERP) is an annual report produced by the Council of Economic Advisers. An important vehicle for presenting the Administration’s domestic and international economic policies, it provides an overview of the nation’s economic progress with text and extensive data appendices. The 2024 report cites a 2021 blog written by ITEP’s […]

CBS News: These 9 States Are Cutting Income Taxes on Jan. 1

January 2, 2025

Some Americans could get a break on their state income taxes this year, with nine states kicking off 2025 with a reduction in their individual income tax rates. Read more.

Brookings Institution: Scaling Up Prenatal and Infant Cash Prescriptions to Eradicate Deep Infant Poverty in the United States

December 22, 2024

The United States is exceptional among wealthy nations in its high rate of child poverty. Even more so, the U.S. is known for its high level of deep child poverty—children in families with incomes less than half the poverty line. Read more.

Georgia Budget & Policy Institute: From Barriers to Bridges: How Fines and Fees Reform Can Help Boost Economic Security

December 22, 2024

Excessive local government reliance on fines and fees is tied to persistent barriers to economic security. Policies that lift these barriers could open gateways for more Georgians to achieve workforce mobility free from criminal legal system entanglement. Read more.