
• By Page Gray
State governments are rushing to offer billions of dollars in subsidies to data center construction, apparently without understanding their full costs.
• By ITEP Staff
Revenue forecasts look increasingly grim as states anticipate shortfalls due to the slowing economy and impacts of the new federal tax law.
• By Steve Wamhoff
Trump gives a promise, with absolutely no plan, to give $2,000 to every American using tariff revenue.
• By Steve Wamhoff
Trump's Treasury is overstepping far beyond its constitutional role by giving unlegislated tax cuts to the wealthy.
• 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.
• 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.
• By Nick Johnson, Sarah Austin
A costly tax break for wealthy venture capitalists is drawing some critical attention from state policymakers.
• By Joe Hughes
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.
• By ITEP Staff
Despite being an off-year election, voters made a call for shared public investments at the polls.
• By Matthew Gardner
Meta’s earnings setback is entirely attributable to an important tax reform championed by the Biden administration in 2022.
• By Matthew Gardner
Since 2017, these companies paid $135 billion in income taxes to foreign governments, but just $29 billion to the U.S.
• By ITEP Staff
States across the nation are debating how best to respond to costly new federal tax cuts.
• By Nick Johnson, Michael Mazerov
States should immediately decouple from four costly corporate tax provisions in the new federal tax law.
• 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.
• By ITEP Staff
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.
• 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.
• 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%.
• By ITEP Staff
State and local officials are staying very busy by considering a dizzying amount of reversals.
• By Matthew Gardner
The IRS's capacity to prevent big multinational corporations from avoiding income taxes is facing a generational crisis.
• By ITEP Staff
Some states are trying to avoid revenue loss while others are welcoming it and doubling down.
• 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.
• By Spandan Marasini
What currently stands in the way of better corporate tax transparency.
• 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.
• 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.