Institute on Taxation and Economic Policy (ITEP)
4,362 posts

Video: ITEP’s Marco Guzman Talks About the Tax Contributions of Virginia’s Undocumented Immigrants

August 1, 2024

Marco Guzman spoke with 13News Now. Watch the clip here.

Audio: ITEP’s Carl Davis Talks About the Tax Contributions of Utah’s Undocumented Immigrants

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.

States Newsroom: Study Says Undocumented Immigrants Paid Almost $100 Billion in Taxes

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.

Video: ITEP’s Marco Guzman on the Tax Contribution of Maine’s Undocumented Immigrants

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.

Bloomberg: Undocumented Immigrants in US Pay Nearly $100 Billion in Taxes

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.

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Study: Undocumented Immigrants Contribute Nearly $100 Billion in Taxes a Year

• By ITEP Staff

Contact: Jon Whiten (jon@itep.org) 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 […]

USA Today: America’s Billionaires Are Worth a Record $6T. Where Does That Leave the Rest of Us?

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.

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Improving Refundable Tax Credits by Making Them Immigrant-Inclusive

• 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.

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New Analysis Details How Corporate Tax Cuts Worsen Economic and Racial Inequality

• By ITEP Staff

Contact: Jon Whiten (jon@itep.org) 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 […]

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Who Benefits and Who Pays: How Corporate Tax Breaks Drive Inequality

• By Emma Sifre, Steve Wamhoff

Corporate tax breaks and corporate tax avoidance significantly contribute to income and racial inequality and largely benefit foreign investors.

Mansion Global: Massachusetts Weighs Mansion Tax on $1 Million-Plus Homes

May 9, 2024

Massachusetts could join the growing number of cities and states with a mansion tax on high-value properties, as it considers a proposal to levy an additional transfer fee on commercial and residential sales above $1 million. Read more.

Economic Policy Institute: The Evolution of the Southern Economic Development Strategy

• By ITEP Staff

The Southern economic development model has failed to create shared prosperity in the region. In fact, this model was deliberately designed to do the opposite—to extract the labor of Black and brown Southerners as cheaply as possible. This report examines the racist roots of the model and provides the necessary context to challenge the enduring […]

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One Legacy of the Trump Tax Law: Big Tax Breaks for Big Corporations

• By ITEP Staff

The tax law signed by former President Trump in 2017 has slashed taxes for America’s largest, most profitable corporations, a new analysis by the Institute on Taxation and Economic Policy shows.

USA Today: Are California’s Taxes Really That High? Not If You’re of ‘Modest Means,’ Report Says

May 1, 2024

Whether it be that all Californians surf, live by the beach or only vote blue, there are a lot of assumptions about residents of the Golden State. Yet a new report is challenging one of the most widely held belief – that Californians shoulder the nation’s highest tax burdens. Read more.

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ITEP Comment on Proposed IRS Rule REG-123376-22

• By ITEP Staff

Increased information transfer from the IRS would improve the quality of data at the Census Bureau and expand opportunities for tax policy research. This is critical for researchers who rely on Census Bureau data and products to fill the informational gaps present in tax data. 

Sacramento Bee: Is California Really a High-Tax State? New Findings Question That Claim

April 25, 2024

Maybe California is not such a high tax state after all — at least for lower income families. “For families of modest means, California is not a high tax state,” says a new study from the Institute on Taxation and Economic Policy, a liberal Washington research group. Read more.  

OpenSky Policy Institute: Modeling Details How Amended Tax Package Would Impact Nebraskans

• By ITEP Staff

Most Nebraskans who claim the state income tax credit on property taxes paid to public schools will see little change in what they pay resulting from the tax package to be debated today, the final day of the Legislative session. But for Nebraska’s lowest-income earners – households making less than $30,000 annually – the impact of […]

Center on Budget and Policy Priorities: Black Women Best Framework Points the Way to Equitable and Just State Tax Reform

• By ITEP Staff

States and localities can realize more equitable, thriving economies by proactively addressing the historical marginalization and persistent exploitation of Black women through their revenue policies. State tax policy is not race-neutral but rather functions as a support system that upholds whiteness in politics and prosperity. Applying the Black Women Best framework — an economic principle that argues […]

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The Case for More Progressive State and Local Tax Systems, in Charts

• By Dylan Grundman O'Neill, Eli Byerly-Duke

In a new chart book, Fairness Matters, we further explore our Who Pays? data with new graphics that reinforce the findings in the main report and demonstrate how state-level tax decisions shape economic divides for better and worse.

Audio: ITEP’s Joe Hughes on the Need for a Well-Funded IRS

• By Joe Hughes

ITEP Federal Policy Analyst Joe Hughes appeared on the Oregon Center for Public Policy’s “Policy for the People” podcast, discussing IRS funding and Direct File.

Mother Jones: America’s 806 Billionaires Are Now Richer Than Half the Population Combined—a Lot Richer

April 11, 2024

Are you better off now than you were when Donald Trump was president? That’s a dumb question for Republicans to pose, because the answer by most measures would be, “Oh, heck yes!” But plenty of people feel otherwise, either because they are down a right-wing rabbit hole or because the poorer half of the population wasn’t doing […]

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These Three Local EITCs Are Boosting Family Incomes at Tax Time

• By Andrew Boardman

This tax season more than 800,000 households in New York City, Maryland's Montgomery County, and San Francisco are set to receive a boost through local refundable EITCs. These credits put dollars directly into the pockets of low-income households, equipping families with resources to better make ends meet and invest in their futures. In turn, they can help build stronger, fairer, and more resilient communities.

Oregon Center for Public Policy: Complete Reporting Would Make It Hard for Corporations to Hide Profits Overseas

• By ITEP Staff

Oregon can clamp down on multinational corporations shifting profits overseas, create a more level playing field for Oregon businesses, and raise millions in revenue by enacting “Complete Reporting” by large corporations. That law would make it difficult for multinational corporations to avoid Oregon corporate income taxes by artificially shifting profits earned in Oregon to subsidiaries […]

ITEP’s Miles Trinidad Testifies Against Weakening Hawai’i’s Estate Tax

• By Miles Trinidad

HB 2653 would only exacerbate the regressive nature of Hawai’i’s state and local tax system and compound the preferential treatment of income derived from wealth.