Blog
1303 posts
Trump Goes Outside the Law to Give Even More Tax Cuts to the Wealthy
November 12, 2025 • By Steve Wamhoff
Trump's Treasury is overstepping far beyond its constitutional role by giving unlegislated tax cuts to the wealthy.
State and Local Policymakers Can Resist Austerity Even Amid Historic Federal Retreat
November 6, 2025 • By Kamolika Das
The progressivity of the federal tax code has been waning. State and local policymakers should respond by protecting their revenue bases, promoting equity, and safeguarding vulnerable communities from harmful budget cuts.
In 2025, Voters Said Yes to Public Resources and Community Investments
November 6, 2025 • By Rita Jefferson
Important tax measures were on the ballot this week, and the outcomes are clear: many voters support new state and local spending to support critical services in their communities.
States Begin Decoupling from Flawed ‘QSBS’ Tax Break
November 6, 2025 • By Nick Johnson, Sarah Austin
A costly tax break for wealthy venture capitalists is drawing some critical attention from state policymakers.
The move was expected, given heavy lobbying from tax prep companies like Intuit and H&R Block to put a halt to the IRS’s popular Direct File program.
Despite being an off-year election, voters made a call for shared public investments at the polls.
Biden Tax Reforms Take a $16 Billion Bite Out of Trump’s Big Tax Giveaway to Meta
October 30, 2025 • By Matthew Gardner
Meta’s earnings setback is entirely attributable to an important tax reform championed by the Biden administration in 2022.
Oil and Gas Companies Are Paying Less Tax to the U.S. than to Foreign Governments
October 30, 2025 • By Matthew Gardner
Since 2017, these companies paid $135 billion in income taxes to foreign governments, but just $29 billion to the U.S.
States across the nation are debating how best to respond to costly new federal tax cuts.
Why States Shouldn’t Go Along With OBBBA’s Corporate Tax Breaks: A Practical Guide
October 27, 2025 • By Nick Johnson, Michael Mazerov
States should immediately decouple from four costly corporate tax provisions in the new federal tax law.
Well, That Was Fast: Trump Tax Law’s New Corporate Breaks are Already Worsening the Deficit
October 9, 2025 • By ITEP Staff
Corporate income taxes for the fiscal year that ended in September are $77 billion lower than in the previous year, a 15 percent drop.
Many lawmakers who were vocal supporters of this bill will see direct personal benefits while most of their constituents benefit little or will be worse off.
Trump Tax Law Erases Economic, Racial Progress in the Tax Code
October 6, 2025 • By Brakeyshia Samms
President Trump’s massive tax-and-spending bill continues the administration’s assault on racial and economic justice by prioritizing tax breaks for the top 1% while neglecting the economic well-being of poor and working families of all races, especially people of color.
Coca-Cola To Shareholders: $18 Billion Tax Bill? What $18 Billion Tax Bill?
October 1, 2025 • By Matthew Gardner
If Coca-Cola only pays 3% of the $18 billion tax bill it's facing, then the rest of us will have to pick up the remaining 97%.
State Rundown 10/1: State and Local Governments Doing the Opposite of Shutting Down
October 1, 2025 • By ITEP Staff
State and local officials are staying very busy by considering a dizzying amount of reversals.
Leaving Billions on the Table: Trump-Induced Brain Drain Leaves the IRS Struggling to Prevent Corporate Tax Avoidance
September 25, 2025 • By Matthew Gardner
The IRS's capacity to prevent big multinational corporations from avoiding income taxes is facing a generational crisis.
State Rundown 9/18: Lawmakers Confront Revenue Loss from Federal Policy Changes
September 18, 2025 • By ITEP Staff
Some states are trying to avoid revenue loss while others are welcoming it and doubling down.
Child Poverty Remains Unacceptably High, New Federal Changes Unlikely to Move Needle
September 16, 2025 • By Neva Butkus
By not extending the 2021 temporary Child Tax Credit expansion, federal lawmakers have allowed the number of children and families in poverty to increase and remain unnecessarily high.
What currently stands in the way of better corporate tax transparency.
President Trump is Still Lying About Ending Taxes on Social Security
September 11, 2025 • By Matthew Gardner
Why is Trump saying that he has eliminated taxes on Social Security?
Making the Wealthy Pay their Fair Share is the Way to Preserve Vacation Towns
September 10, 2025 • By Rita Jefferson
Rhode Island lawmakers created a new surcharge on second homes worth more than $1 million as part of the budget enacted this spring.
Who Can Make a Billion Dollar Mistake and Not Lose Their Jobs? Congress
September 5, 2025 • By Matthew Gardner
A drafting error in the 2017 tax law will cost U.S. taxpayers over $1 billion in unintended tax cuts for big multinationals.
State Rundown 9/4: Colorado Tackles Offshore Corporate Tax Avoidance, Paves Way for State Conformity Best Practices
September 4, 2025 • By ITEP Staff
Despite an increasingly bleak state revenue outlook, state lawmakers across the country continue to prioritize regressive tax cuts.
Colorado Lawmakers Help Fill Trump-Induced Shortfall by Tackling Offshore Corporate Tax Avoidance
August 26, 2025 • By ITEP Staff
As the Trump megabill blows holes in state budgets, Colorado is leading with reforms to curb offshore tax avoidance and roll back wasteful corporate subsidies.
As federal data systems erode, the U.S. risks losing the impartial information needed for sound policymaking and public trust.
Blog Categories
Institute on Taxation
and Economic Policy
ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
Subscribe to ITEP Emails
Tax research and policy news in your inbox.
Promote Fair Tax Policy
Your gift to ITEP promotes tax justice. With your help, we do research that supports taxing millionaires and billionaires, taxing big corporations and raising revenue for the things our people, our communities and our planet need.
Together, we can create a country with more economic justice, more racial justice, more climate justice… and more tax justice.