Institute on Taxation and Economic Policy (ITEP)

ITEP Work in Action

Center on Budget and Policy Priorities: It’s Time To End Corporate Tax Avoidance in California by Closing the Water’s Edge Loophole

April 27, 2026

ITEP cited in testimony in favor of a California policy that would close a profit shifting loophole and ensure that corporations pay their fair share. Read more.

Maine Center for Economic Policy: 2026 Session Recap: Tax Policy

April 27, 2026

A recap of Maine’s 2026 legislative session covers the state’s new millionaire tax, decoupling of last summer’s regressive federal tax provisions, and the expansion of the property tax fairness credit. Read more.  

ITEP Cited in Academic Journal on State Child Tax Credits

April 23, 2026

State Child Tax Credits are a promising and increasingly popular policy to reduce child poverty, strengthen family economic stability, and promote healthy development. Read more.

Sen. Dick Durbin Comments on Government Funding and Tax Breaks

April 23, 2026

According to the Institute on Taxation and Economic Policy, at least 88 of some of the largest corporations—including Tesla, Coinbase, and Palantir—made more than $105 billion in 2025. But they paid zero dollars in federal income tax because of the Republican’s One Big Beautiful Bill Act. Collectively, billionaires added $1.5 trillion to their wealth in 2025 […]

Ranking Member DeLauro Opening Remarks at Financial Services, General Government Fiscal Year 2027 Appropriations Full Committee Markup

April 22, 2026

Among the excerpts from Rep. DeLauro: Our tax system is broken. Working families are forced to pay far more in taxes as a percentage of their wealth, while massive, multi-billion dollar companies routinely game the system to avoid paying any taxes at all. The Institute on Taxation and Economic Policy (ITEP) just released a report […]

Testimony: ITEP’s Miles Trinidad Explains Why Vermont Should Adopt a Wealth Proceeds Tax

April 21, 2026

ITEP Policy Analyst Miles Trinidad testified on the need for a Wealth Proceeds Tax in Vermont on April 16, 2026 at the Vermont House Ways and Means Committee.

Center for American Progress: Stabilizing and Strengthening State Funding for Public Higher Education After the Big Beautiful Bill

April 20, 2026

Funding cuts to higher education weaken the economy. States can drive revenue by adopting progressive tax structures and budgetary mechanisms to protect the education sector. Read more.

Sen. Kelly: Bill Would Repeal Federal Private School Voucher Program

April 16, 2026

The “Keep Public Funds in Public Schools Act would repeal a private school voucher program created in the “One Big Beautiful Bill Act.” Read more.

Kentucky Center for Economic Policy: Kentuckians Hit Hard by Rising Gas Prices

April 16, 2026

The United States war in Iran has caused a spike in gas prices that now costs Kentuckians $175 million a month, according to the Institute on Taxation and Economic Policy. Read more.

Oxfam: Wealth of the 10 richest California billionaires grew by nearly 50% in the last year

April 16, 2026

ITEP found that California’s richest 1% of households are set to get a $7.3 billion tax break in 2026 thanks to OBBBA. Read more.

America’s Voice: Your Tax Day Reminder That Immigrants Pay Billions in Taxes Every Year

April 16, 2026

Undocumented immigrants paid $96.7 billion in taxes in 2022, according to research from the Institute on Taxation and Economic Policy. ITEP’s research found that across 40 states, “undocumented immigrants pay higher state and local tax rates than the top 1 percent of households living within their borders.” Read more.

Policy Matters Ohio: Analysis Shows Ohio Capital Gains Tax Cut Is Another Handout for the Rich

April 16, 2026

Policy Matters Ohio analysis of data from the Institute on Taxation and Economic Policy demonstrates the drawbacks of eliminating the state and local capital gains tax. Read more.

Washington Center for Equitable Growth: The Other Two-Tiered U.S. Tax System: How Pass-Through Businesses Let the Ultra-Wealthy Dodge Federal Taxes

April 16, 2026

Large entities get out of paying their fair share by filing as small businesses. The Institute on Taxation and Economic Policy argues for strengthening the corporate tax by closing the “pass-through loophole.” Read more.

Missouri Budget Project: Ill-Conceived Tax Proposals Would Increase Taxes for Most Missourians, Damage Communities & Economy

April 13, 2026

The proposal would allow for expanded sales taxes to supplement income tax cuts. Read more.

Every Texan: Two Property Tax Plans, One Fiscal Reality

April 9, 2026

Tax cuts make the system less fair. Circuit breakers, tax credits, and renters’ rebates can help housing affordability for low-income Texans at a lower cost to the state.  Read more.

FACT Coalition: Take the Money and Run – Amidst Oil Price Windfalls, U.S. Oil Majors Continue to Pay Less Tax at Home than Abroad

April 6, 2026

The largest U.S. oil and gas companies continue to pay substantially more tax abroad than at home. Corporate tax breaks passed into law last summer are further reducing the effective tax rates of American oil and gas companies. Companies are required to reveal additional details about their taxes due to new accounting standards.  Read more. […]

Brookings: The Caregiving Crisis and the 2026 Vote

April 3, 2026

Children in the bottom 20% of households are left out of OBBBA childcare tax credits, according to the Institute on Taxation and Economic Policy.  Read more.

Gov. Evers Vetoes Bill Requiring Wisconsin to Opt Into Nationwide Expansion of Private Voucher Schools

April 2, 2026

The vetoed bill would have redirected funds from public schools and public education to expand private voucher schools. Read more.

Oxfam: The Case for Fairly Taxing the Rich in New York

March 26, 2026

https://itep.sfo2.digitaloceanspaces.com/OBBB-20250519-New-York.png Read more.

Economic Policy Institute: How ARPA State and Local Fiscal Recovery Funds Helped Ensure a Swift Post-COVID Recovery

March 25, 2026

With sufficient funding and a flexible structure, the Biden administration equipped every community with resources tailored to its needs. Future policies can look to the success of ARPA’s State and Local Fiscal Recovery Fund to address a widespread crisis, whether it’s a global pandemic, climate disaster, economic downturn, or some combination of the three.   […]

Maine Center for Economic Policy: Nurses and Plumbers Shouldn’t Pay the Same Tax Rate As Multi-Millionaires. LD 229 and LD 1089 Change That.

March 25, 2026

Maine’s tax code currently asks more of families with middle income than it does of the wealthiest residents. The proposed progressive revenue reforms will raise stable, recurring funding while strengthening the broader economy. Read more.

FACT Coalition: ITEP Cited in Review of Multinational Disclosures

March 23, 2026

The U.S. tax code continues to encourage America’s largest corporations to stash profits in tax havens. According to ITEP, these 2025 tax breaks have reduced corporate tax bills by more than $100 billion. Read more.  

Testimony: ITEP’s Nick Johnson on D.C. Amendment to SALT Cap Workarounds

March 23, 2026

A written testimony before the Council of the District of Columbia, Committee of the Whole on B26-0324, the “Pass-Through Entities Income Tax and Tax Credit on certain S Corporations and Partnerships Amendment Act of 2025” by Nick Johnson at the Institute on Taxation and Economic Policy on March 19, 2026 Chairman Mendelson and members of […]

Sen. Warren Probes Meta, Microsoft, Target, Companies on Mass Layoffs Despite Strong Financials and Trump Tax Handouts

March 16, 2026

The senator cited ITEP research in her letter to these major corporations. Read more.

ITEP Data Cited in The Working Americans’ Tax Cut

March 16, 2026

The bill exempts income up to the cost of living from federal taxes and asks millionaires to make up the difference. Read more.

Advocates and policymakers at the state and federal levels rely on ITEP’s analytic capabilities to inform their debates on proposed tax policy changes. In any given year, ITEP fields requests for analyses of policies in 25 or more states. ITEP also works with national partners to provide analyses of federal tax policy proposals. This section highlights reports that use ITEP analyses to make a compelling case for progressive tax reforms.