
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 […]
• By Matthew Gardner
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 […]
• By ITEP Staff
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.)
• By ITEP Staff
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.
• By ITEP Staff
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.
• 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.
• By Kamolika Das
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.
• By ITEP Staff
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 […]
• By ITEP Staff
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 […]
• By ITEP Staff
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 […]
January 27, 2025
ITEP Senior Policy Analyst Marco Guzman discusses the tax contributions of undocumented immigrants in this TV clip.
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.
• By ITEP Staff
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. […]
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 […]
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.
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 […]
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 […]
• By ITEP Staff
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.
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.
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.