October 7, 2024
Former President Donald J. Trump’s economic proposals could inflame the nation’s debt burden while ultimately raising costs for a vast majority of Americans, according to a pair of new economic analyses that are among the most in-depth studies to date of the Republican nominee’s plans. Read more.
October 7, 2024
Most of the biggest recent developments in the world of private school choice have centered around education savings accounts, a twist on the private school voucher that parents can spend on tuition, fees, and a wide range of other costs tied to their students’ learning outside the traditional public school system. Read more.
October 7, 2024
Two Democratic lawmakers are demanding that some of the biggest food and beverage companies stop engaging in “shrinkflation” — the practice of reducing product sizes while charging prices that are the same or higher. Read more.
October 7, 2024
Americans for Tax Reform’s anti-tax pledge is well known in GOP circles. But what does it mean when punishing tariff hikes are on the table? Read more.
October 3, 2024
On September 30, Policy Analyst Neva Butkus discussed Indiana property taxes and how Hoosiers could benefit from a circuit breaker policy at an event hosted by the Indiana Fiscal Policy Institute and Prosperity Indiana. Check out her slides here, and an article on the panel here.
September 30, 2024
U.S. Senators Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.), and Representative Greg Casar (D-Texas) led their colleagues in slamming 35 major companies that have been paying their executives more than they pay in federal income taxes. The lawmakers point to this as an additional reason why Congress must reform the tax code in 2025 to […]
September 19, 2024
ITEP Local Policy Director Kamolika Das had this letter to the editor published in the Baltimore Sun on September 18: David F. Tufaro’s recent commentary about the Renew Baltimore campaign is wildly misleading (“Baltimore’s high property taxes sustain a broken system,” Sept. 15). The Renew Baltimore proposal to drastically cut and permanently cap Baltimore’s property tax […]
September 16, 2024 • By Michael Ettlinger
This op-ed originally appeared in the Boston Globe. What would happen if 22 percent of America’s farmworkers vanished from the workforce? Would workers from across the country flock to the cotton fields of Texas, the sugar fields of Florida, and the peanut farms of Georgia to take low-paying jobs in the blazing heat? Or would […]
September 12, 2024
ITEP Policy Analyst Brakeyshia Samms discussed property tax circuit breakers at a meeting the city of Chicago’s Committee on Housing and Real Estate on September 11, 2024. You can check out her slides here, and watch the video here (starting around 42:40).
September 9, 2024
Contrary to Donald Trump’s claims, an earned path to citizenship for undocumented immigrants strengthens Social Security and Medicare. Read more.
After the dust settles on this year’s election, one of the most pressing issues confronting the next Congress and President will be how to deal with the expiration of the 2017 Trump tax cuts and, more specifically, who will pay for the cost of extending some or all of those cuts. Among the more widely accepted ideas circulating on the right is to raise income taxes on single parents, more than four in five of whom are women and a disproportionate share of whom are people of color.
August 26, 2024
ITEP Research Director Carl Davis gave this presentation to the New Mexico Revenue Stabilization and Tax Policy Committee on August 23, 2024. View the slides here.
Many cities, counties, and townships across the country are in a difficult, or at least unstable, budgetary position. Localities are responding to these financial pressures in a variety of ways with some charging ahead with enacting innovative reforms like short-term rental and vacancy taxes, and others setting up local tax commissions to study the problem.
August 6, 2024
Marco appeared on Texas Public Media’s The Source on August 4, 2024. Listen to the clip here.
August 1, 2024
CT’s undocumented immigrants pay over $400 million in taxes annually, study finds. Read more or listen here.
August 1, 2024
Marco Guzman spoke with 13News Now. Watch the clip here.
July 31, 2024
A new study describes states that the tax contributions of undocumented immigrants equate to almost $100 billion, both federally and statewide. Read more or listen here.
July 31, 2024
A new study shows that undocumented immigrants paid nearly $100 billion in federal, state and local tax revenue in 2022 while many are shut out of the programs their taxes fund. The findings run counter to anti-immigrant rhetoric that undocumented immigrants are “destroying” social programs. Read more.
July 31, 2024
A new national study is shedding light on the economic contributions made by undocumented immigrants in Maine and throughout the United States, WMTW-TV in Maine reports. Watch the clip or read the story here.
July 30, 2024
Undocumented immigrants paid almost $100 billion of taxes, underscoring the importance of border policies on the country’s tax collections, according to a new report. Read more.
July 30, 2024 • By ITEP Staff
Contact: Jon Whiten ([email protected]) Immigration policies have taken center stage in public debates this year, but much of the conversation has been driven by emotion, not data. A new in-depth study from the Institute on Taxation and Economic Policy aims to help change that by quantifying how much undocumented immigrants pay in taxes – both […]
July 19, 2024
America’s billionaires are now collectively worth a record $6 trillion. Their wealth has more than doubled since the passage of the landmark Tax Cuts and Jobs Act in 2017. Is that good news, or bad? It depends on whom you ask. Read more.
July 17, 2024 • By Emma Sifre, Marco Guzman
Undocumented immigrants who work and pay taxes but don't have a valid Social Security number for either themselves or their children are excluded from federal EITC and CTC benefits. Fortunately, several states have stepped in to ensure undocumented immigrants are not left behind by the gaps in the federal EITC and CTC. State lawmakers should continue to ensure that immigrants who are otherwise eligible for these tax credits receive them.
June 27, 2024 • By ITEP Staff
Contact: Jon Whiten ([email protected]) Corporate tax cuts exacerbate economic and racial disparities, according to a new report from the Institute on Taxation and Economic Policy and Liberation in a Generation that is the first of its kind to analyze the distribution of these cuts across different racial and economic groups. This collaborative report examines the […]
June 27, 2024 • By Emma Sifre, Steve Wamhoff
Corporate tax breaks and corporate tax avoidance significantly contribute to income and racial inequality and largely benefit foreign investors.