Citations
ITEP's Citations Research Priorities
Daily Press: Editorial: Tax-free weekends are bad policy but don’t tell Virginians
August 6, 2026
At a time when the price of nearly everything — from eggs and beef, to gasoline and electronics — is soaring, every little break can help a family stay on budget.
The Commonwealth Institute: Policy Choices to Protect and Increase Investment in Virginia Communities
• By ITEP Staff
To make sure every community in Virginia is a good place to live, work, and raise a family, we must invest in quality public education, health care, affordable housing, access to food, and other important services and supports. Read more.
Virginia Public Radio: What a “Wealth Proceeds Tax” Could Look Like in Virginia
November 3, 2025
Tax the rich. That’s the idea behind the wealth proceeds tax, which would hit things like dividends, interest and capital gains. A new report from the Institute on Taxation and Economic Policy says a three percent wealth proceeds tax in Virginia would generate about a billion dollars of new revenue. Read more.
Dogwood: Virginia Republican to Get Big Tax Cut from Bill He Helped Pass
October 16, 2025
Republican US Rep. Rob Wittman of Virginia’s 1st congressional district could save between $19,900 and $59,300 in tax breaks because of President Donald Trump’s “Big Beautiful Bill,” according to an analysis by the nonprofit Institute on Taxation and Economic Policy (ITEP) done for Accountable.US. Read more.
West Virginia Center on Budget & Policy: “One Big Beautiful Bill’s” Tax Provisions a Bad Deal for WV (Unless You’re Rich)
• By ITEP Staff
Proponents of the “One Big Beautiful Bill” (HR 1), including all four of West Virginia’s members of Congress, have repeatedly touted the tax provisions of the legislation as benefiting most or all West Virginia families. The WVCBP has already covered in detail how the SNAP and Medicaid provisions of HR 1 are particularly harmful for West Virginians […]
West Virginia Center on Budget & Policy: Big Beautiful Bill’s Tax Cuts Overwhelmingly Favor the Wealthiest in West Virginia Even Before Accounting for Tariffs and Benefit Cuts
• By ITEP Staff
Earlier this month the U.S. House of Representatives passed a major new tax and spending bill that not only represents the largest cuts to Medicaid and SNAP in history, taking away SNAP and Medicaid benefits from millions of recipients including tens of thousands in West Virginia, but also includes tax provisions that would overwhelmingly favor the richest taxpayers in […]
Video: ITEP’s Marco Guzman Talks About the Tax Contributions of Virginia’s Undocumented Immigrants
August 1, 2024
Marco Guzman spoke with 13News Now. Watch the clip here.
The Commonwealth Institute: How the Governor’s Proposal Increases Taxes for Low-Income Families, Gives Significant Cuts to the Wealthy
• By ITEP Staff
When we all pitch in our fair share, we can invest in the programs and services that help everyone to thrive, like public education, affordable housing, and more. But Virginia’s tax code is upside-down, where those with the most pay the least taxes as a share of income.
Washington Post: Va. General Assembly Girds for Fights Over Arena, Taxes, Schools and More
January 7, 2024
Democratic lawmakers have the majorities. Republican Gov. Glenn Youngkin has the veto. That’s the crux as a new-look Virginia General Assembly rolls into town Wednesday, opening a 60-day legislative session in which roughly a third of lawmakers are rookies and Democrats control both chambers but can’t get much done without Youngkin’s cooperation. Read more.
Mountain State Spotlight: Tax Cuts, Low-Balled Estimates and Volatile Revenues: Inside West Virginia’s $1.8 Billion Budget Surplus
July 1, 2023
Gov. Jim Justice has used the state’s budget surplus as proof of his business skills as he runs for the U.S. Senate. But the surplus is built on unpredictable revenue streams and will likely be temporary. Read more.
The Commonwealth Institute: Cutting Top Personal Income Tax Boosts the Wealthy, Excludes People with Lower Incomes
• By ITEP Staff
With no budget compromise yet from the Virginia General Assembly, $1 billion in untargeted tax cuts that mostly benefit the wealthy and profitable corporations are still on the table. Read more.
The Lever: Joe Manchin’s Tax Hike On The Working Class
April 25, 2023
Despite representing one of America’s poorest states, West Virginia Sen. Joe Manchin (D) decided in 2021 to kill legislation to extend expanded child and antipoverty tax credits that were helping the working class. The expiration of the expanded tax credits resulted in more than three million kids being thrown into poverty. New data shows it also resulted in a massive regressive tax increase […]
The Commonwealth Institute: Support Virginia Families Through a Commonwealth Kids Credit
• By ITEP Staff
True economic prosperity means that families are doing well and have the resources and opportunity to thrive. By coming together, people in Virginia have won an improved Earned Income Tax Credit (EITC), increased minimum wage, and expanded workers rights in recent years — policy wins that lift families up. Yet more must be done to […]
Virginia Joint Legislative Audit and Review Commission: Options to Make Virginia’s Individual Income Tax More Progressive
• By ITEP Staff
Though Virginia has substantially reduced taxes for low and lower-middle income filers, it could further reduce the tax burden for these filers and make the income tax even more progressive. Read more.
Washington Post: Want to really fix Virginia’s standard deduction? Index it.
April 6, 2022
On that topic, the Institute on Taxation and Economic Policy wrote: Any feature of an income tax that is based on a fixed dollar amount will be vulnerable to inflationary effects. In many states, this means that tax breaks designed to provide low-income tax relief — including exemptions, standard deductions, and most tax credits — […]
Bloomberg: Did You Pay Your ‘Fair Share’ of Federal Income Tax This Year?
March 31, 2022
And according to the Institute on Taxation and Economic Policy, the impact would have a definite geographic tilt. The states where more than 40% of residents would face tax increases are largely in the South, including Mississippi, West Virginia, Arkansas, Louisiana, Alabama, Kentucky, Oklahoma, Georgia, New Mexico, South Carolina, and Florida. read more
WVTF Radio: A gas tax holiday may not lead to savings for Virginia drivers
March 30, 2022
About a third of the savings will go to the oil industry, according to research into how this worked when Indiana and Illinois had a gas tax holiday. But that doesn’t mean Virginians will see the rest of the savings. Carl Davis at the Institute on Taxation and Economic Policy says a quarter of the […]
The Commonwealth Institute for Fiscal Analysis: Gas Tax Proposal Misses the Mark
• By ITEP Staff
Earlier this month, Virginia Gov. Glenn Youngkin announced a new policy proposal to suspend the state’s 26-cents per gallon gas tax for three months and to cap gas tax rates in future years. If enacted, this policy is likely to miss the mark on helping families in Virginia who are struggling with higher costs, while […]
Fortune: President Biden says his ‘Billionaire Minimum Income Tax’ would raise $360 billion. How does it work?
March 29, 2022
The highest likelihood is through “reconciliation” — a budget process for passing fiscal legislation with a simple majority of Senate votes. That will require buy-in from West Virginia Sen. Joe Machin and Arizona Sen. Kyrsten Sinema, who have each objected to proposals to tax the ultra-wealthy in the past. Steve Wamhoff, director of tax policy […]
West Virginia Center on Budget and Policy: House Personal Income Tax Cut Plan Largely Benefits Wealthy, Not Fiscally Sustainable
• By ITEP Staff
The West Virginia Legislature has introduced a bill to cut and eventually eliminate the state’s personal income tax. The House Finance Committee voted to advance that bill to the House floor with no discussion or questions asked. Like previous attempts to eliminate the state’s income tax, HB 4007 would lead to major revenue losses for the […]
The Commonwealth Institute: Youngkin Administration’s Proposals Would Sharply Reduce State Resources, Largely Exclude Working Families with the Lowest Incomes
• By ITEP Staff
The Youngkin administration’s tax plan would leave out nearly 80 percent of the over 800,000 taxpayers in Virginia who have incomes below $24,000. Gov. Youngkin’s proposed changes would also sharply reduce state General Fund revenues — the portion of the state budget over which lawmakers have the most discretion and which primarily goes toward funding […]
The Commonwealth Institute: Tax Proposals Would Reduce Resources for Education, Transportation, and Other Priorities
• By ITEP Staff
The incoming Youngkin administration and state lawmakers have proposed several major tax proposals to reduce taxes for individuals and businesses. These include one-time tax rebates, dramatically increasing the state standard deduction, eliminating the state and local sales tax on groceries, and pausing the recent increase to the fuels tax. While some of these policy ideas […]
The Commonwealth Institute: Tax Policy in Virginia
• By ITEP Staff
Black and Latinx people face tremendous barriers in areas like employment, education, and housing. These barriers include explicitly racist policies like school segregation as well as policies that appear “race-neutral” yet reinforce or exacerbate racially inequitable outcomes. Virginia’s upside-down tax code is no different. A more progressive and racially equitable tax code — one that […]
CQ Roll Call: It’s Spring, the Sap Is Rising — and Congress Turns Its Thoughts to Taxes (Column)
April 7, 2021
In similar paint-by-numbers fashion, the Biden White House is flogging studies by liberal think tanks highlighting how many major corporations have avoided paying any income taxes in recent years. For example, the Institute on Taxation and Economic Policy estimated that at least 55 profitable companies (including Nike, Salesforce and FedEx) took a tax holiday in […]
West Virginia Center on Budget and Policy: Senate Income Tax Cut Plan is More of the Same: Tax Cuts for the Wealthy, Tax Increases and Budget Cuts for Everyone Else
• By ITEP Staff
This week, the Senate Finance Committee took up HB 3300, the House’s income tax cut plan, and made significant changes before quickly passing it out of committee. Unlike the House plan, which phased out the income tax over time with no revenue offsets, the Senate’s plan is more similar to the governor’s proposal, making a […]
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