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352 posts
Trust Reform is Needed to Protect States, Especially in the Wake of IRS Enforcement Cuts
February 3, 2026 • By Sarah Austin
Trust use is widespread among the wealthiest households, with reports showing that roughly half of the nation’s wealthiest people rely on trusts for tax avoidance reasons
State Rundown 1/22: Cautious Tone Noticeable in Most Statehouses
January 22, 2026 • By ITEP Staff
Most states are adopting a very cautious approach so far this year as legislators begin their sessions and governors make their annual addresses, thanks to ongoing economic uncertainty and federal retrenchment.
States Can Push Back Against Reckless Federal Tax Policy. Here’s How.
January 22, 2026 • By Aidan Davis, Wesley Tharpe
They should take steps to protect and boost their own revenues. And they should take a second look at their own tax cuts.
Local Governments Are Increasingly Strapped: 2026 Will Bring New Challenges and New Opportunities
January 21, 2026 • By Kamolika Das
2025 saw an intensification of state and local tax fights across the country, as well as growing experimentation with local-option taxes, levies, fees, and tourism taxes aimed at keeping budgets afloat while also navigating political constraints imposed by state legislatures.
State Rundown 1/14: New Year Brings New Resolutions for Funding Key Priorities
January 14, 2026 • By ITEP Staff
State governors are beginning to lay out their top priorities as legislatures reconvene in statehouses around the country.
Curbing Tax Deductions for Executive Pay is a Federal Tax Change States Should Get Behind
January 9, 2026 • By Matthew Gardner
This provision in last summer’s tax law could actually make budget-balancing a little bit easier for states if they follow suit.
State Rundown 1/7: New Year, New Opportunities for Progressive Revenue
January 7, 2026 • By ITEP Staff
As we kick off a new year, several states are facing revenue shortfalls. Some lawmakers are approaching the challenge with sustainable and equitable solutions.
Texas Property Tax Plan Mimics California’s Damaging Prop 13
December 19, 2025 • By Neva Butkus, Rita Jefferson
This proposal would disrupt the state’s housing market and jeopardize local revenues while doing very little to help workers and families struggling to pay their property tax bills – just as Prop 13 did in California.
property tax debates are taking place throughout the nation.
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.
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.
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.
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.
SALT in the Wound: New Tax Law’s Limit on State Tax Deductions Exempts Some of the Very Wealthiest
August 21, 2025 • By ITEP Staff
The new tax law enacted last month found a temporary compromise on the level of the cap, boosting it to $40,000 through 2029, but failed to fix a loophole that allows some rich taxpayers with good accountants to completely avoid the cap
State Rundown 8/20: States to Face Serious Conformity, Revenue Issues as Summer Ends
August 20, 2025 • By ITEP Staff
While tax news has slowed as summer comes to an end, there are rumblings beneath the surface that could be an inauspicious sign of the times ahead for states and state budgets.
Trump’s Tax Law Clobbers State Budgets. Now’s the Time to Prepare.
August 13, 2025 • By ITEP Staff
The Trump megabill hands the richest 1% a trillion-dollar windfall while gutting funding for health care, education, and disaster relief — leaving communities to pick up the pieces. State and local leaders must step up, tax the wealthiest fairly, and safeguard the essentials that keep America healthy, educated, and safe.
How Much Would Every Family in Every State Get if the Megabill’s Tax Cuts Given to the Rich Had Instead Been Evenly Divided?
July 14, 2025 • By Michael Ettlinger
If instead of giving $117 billion to the richest 1 percent, that money had been evenly divided among all Americans, we'd each get $343 - or nearly $1,400 for a family of four.
The endlessly debated cap on deductions for state and local taxes (SALT) has emerged in the GOP megabill largely unscathed—despite the efforts of Republican lawmakers from “blue” states. Those lawmakers are correct that the cap reduces the bill’s tax cuts for their wealthy constituents more than for those in other states. The megabill, however, is so loaded up with other provisions that result in a dramatic tax cut for the richest 1 percent in every state.
As federal aid ends and economic uncertainty grows, local governments face tough budget choices. Now is the time for localities to protect vulnerable residents and build stronger, more equitable fiscal foundations.
Trump Megabill Will Give $117 Billion in Tax Cuts to the Top 1% in 2026. How Much In Your State?
June 30, 2025 • By Michael Ettlinger
The predominant feature of the tax and spending bill working its way through Congress is a massive tax cut for the richest 1 percent — a $114 billion benefit to the wealthiest people in the country in 2026 alone.
How Much Do the Top 1% in Each State Get from the Trump Megabill?
June 30, 2025 • By Carl Davis
The Senate tax bill under debate right now would bring very large tax cuts to very high-income people. In total, the richest 1 percent would receive $114 billion in tax cuts next year alone. That would amount to nearly $61,000 for each of these affluent households.
Millions of Citizen Children Would be Harmed by Proposal Billed as Targeting Immigrant Tax Filers
April 24, 2025 • By Emma Sifre, Joe Hughes
Congressional Republicans have floated a proposal to strip the Child Tax Credit from millions of children who are U.S. citizens and legal residents in situations where their parents do not have Social Security numbers. Approximately 4.5 million citizen children with Social Security numbers would lose access to the credit under this proposal.
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