ITEP Work in Action

Testimony: ITEP’s Miles Trinidad on Maryland’s Budget Reconciliation Act of 2025

March 4, 2025

This testimony was delivered to a joint session of Maryland’s House Appropriations and Ways and Means Committees on February 27, 2025. Thank you for the opportunity to provide testimony on the Budget Reconciliation Act of 2025. My name is Miles Trinidad, and I’m a state analyst with the Institute on Taxation and Economic Policy, a […]

Testimony: ITEP’s Matt Gardner Discusses How to Improve Maryland’s Tax Code at House Ways & Means Committee Hearing

February 27, 2025

ITEP Senior Fellow Matt Gardner submitted the written testimony below to Maryland’s House Ways & Means Committee on February 20, 2025. Video of his oral testimony is at the bottom of this post. Thank you for the opportunity to submit written testimony. My name is Matthew Gardner. I am a senior fellow at the Institute […]

Center on Budget and Policy Priorities: Let’s End Corporate Tax Avoidance in Maryland by Enacting Worldwide Combined Reporting

February 22, 2025

Conservative revenue estimates released this week by the Institute on Taxation and Economic Policy (ITEP) project hundreds of millions of dollars in new revenues for Maryland once you close the loophole that allows a small group of the world’s most aggressive global giants to dodge their responsibility to the people of Maryland. Read more.

Maryland Secretary of Budget & Management Cites ITEP Data in Presenting Governor’s Tax Plan

January 16, 2025

Maryland Center on Economic Policy: Improving the Child Tax Credit Would Benefit More than 700,000 Marylanders

May 7, 2019

Refundable tax credits like the Earned Income Tax Credit and the Child Tax Credit make an important difference for working families, together bringing more than 100,000 Marylanders’ family incomes above the federal poverty line each year. Maryland has built on these successful policies by supplementing the federal Earned Income Tax Credit with a state credit and extending […]

DC Fiscal Policy Institute, Maryland Center on Economic Policy, and The Commonwealth Institute: Triple Whammy: A Regional Sales Tax for Metro, Like Fare Hikes and Service Cuts, Would Fall Hardest on Struggling Families

August 28, 2017

A strong Metro system is important to all of us in the Washington region. And everyone agrees that the Metro system needs new resources to rebuild its health. But a regional sales tax—a widely discussed option—would be an unfair way to pay for it.

Maryland Center on Economic Policy: Trump Tax Framework Would Give Away Trillions in Tax Breaks to Millionaires

August 24, 2017

The Trump administration and congressional leaders are gearing up to overhaul the federal tax code this fall. While many of the details remain fuzzy, one thing is clear: the administration’s top priority is to hand out big tax breaks to millionaires.

Maryland’s Money Matters: ‘Dreamers’ Make Important Contributions to Maryland

May 5, 2017

It is unclear, as of now, whether the Trump administration will choose to end protections for young adults who came to the U.S. as children and have legal status through the Deferred Action for Childhood Arrivals (DACA) program. If the administration elects to end the program, thousands of Marylanders could lose their jobs and ability to attend college, many business could lose valued workers, and Maryland could lose nearly $14 million annually in state and local tax revenue.

Maryland Center for Economic Policy:To Support a Strong Economy, All Marylanders Must Pay Their Fair Share in Taxes

January 10, 2017

  Maryland’s success today is due to our past public investment in good schools, a strong transportation system and other building blocks of a prosperous economy. As another “tax day” rolls around, it’s worth remembering that the income taxes we pay help make these investments possible. Cutting state income taxes or corporate taxes would undermine […]

Maryland Center on Economic Policy: Corporate Tax Cut Would Harm Maryland’s Economic Growth

March 12, 2015

“Reducing the corporate income tax in Maryland would also worsen he situation under which a small share of the state’s households have seen big gains in income over recent years while most other people have seen their pay stagnate and many are struggling to get by. According to analysis by the Institute for Taxation and […]

Maryland Center on Economic Policy: Maryland’s Poor Taxed More Than Rich; Communities of Color Feel Biggest Pinch

February 28, 2015

The state’s highest income households pay the lowest percentage of their yearly earnings in state and local taxes compared to middle-class and low-income households. Residents struggling the most to make ends meet — Maryland’s poor and minorities — also are being taxed to a greater extent than the wealthiest. This unfortunate reality reinforces both economic […]

Maryland Center on Economic Policy: Low-Earners Paying More in Taxes than the Well-Off in Maryland

January 16, 2015

Those earning the most in Maryland pay the lowest share of their income in state and local taxes, at just 6.7 percent, according to the Institute on Taxation and Economic Policy’s (ITEP) new “Who Pays?” report. Those in the top 1 percent, making over $481,000, pay the least in sales and excise taxes and property […]

Maryland Center on Economic Policy: Recent EITC Expansion in MD will Make Taxes More Fair, Reduce Inequality

July 31, 2014

Working Marylanders with the lowest earnings will pay slightly less of their income in taxes — 9.9 percent compared to 10.1 percent now – once the expansion of the state’s Earned Income Tax Credit is fully phased in, according to a new study. That’s a small change, and the top 1 percent of income earners […]

Maryland Center on Economic Policy: Tax Day: What Do We Pay For, and Who Pays?

April 28, 2014

Tax Day is a good day to remind ourselves that taxes allow our state to make investments that benefit our economy and all Maryland’s residents, and that we must continue to work to make our tax code fairer. Read the Full Report

Maryland Center on Economic Policy: Study Finds Many Large Corporation are Not Paying their Fair Share; Proposed Legislation Would Help

March 21, 2014

While state lawmakers in Annapolis discuss cutting important services and investments in an effort to balance Maryland’s state budget, we got further evidence today that large, profitable corporations are able to avoid paying their fair share of state taxes that support those services and investments. According to a new report, the 269 Fortune 500 companies […]

Maryland Center on Economic Policy: Major US Corporations Not Paying their Fair Share in Federal Taxes

February 26, 2014

Maryland residents filling out their tax forms and paying their monthly utility bills might be surprised to find out that one of the companies that 526,000 of them write checks to has been dodging its fair share. Read the Full Report