Citations
ITEP's Citations Research Priorities
The Guardian: Washington State’s ‘Historic’ Millionaire Tax Takes Aim at Super-Rich – Will It Succeed?
March 31, 2026
This was very overdue, and people in Washington are really excited to see it,” she said. “The bottom line is that billionaires are walking away with a larger share of our economy every single year, and working people can’t afford the basics any more. This movement was growing, this moment was coming.”
The Cascadia Advocate: Five More Claims Against the Million-Dollar Earners’ Tax That Don’t Check Out: Debunking Republicans’ Opposition to SB 6346
February 19, 2026 • By ITEP Staff
Republican legislators yesterday leveled a barrage of familiar arguments against the Senate Democratic majority’s proposal to create a million-dollar earners’ tax. While these charges have been made before, repetition does not make an argument true. Read more.
Testimony: ITEP’s Sarah Austin Urges Washington House Finance Committee to Decouple from Venture Capital Tax Break
January 28, 2026 • By Sarah Austin
The prepared testimony below was delivered by ITEP Senior Analyst Sarah Austin to the Washington House Finance Committee on January 27, 2026. For more on the tax break in question, check out our October 2025 brief. Chair Berg, Vice Chair Street, and members of the House Finance Committee, My name is Sarah Austin, I’m a […]
Washington Governor’s Office: Governor Ferguson Announces Support for Millionaires’ Tax
January 6, 2026 • By ITEP Staff
Washington ranks next to last for fairness and equality in our tax system — meaning those who make the least pay much larger shares of their income than those with the most resources. Washington families whose income is in the bottom 20% pay 13.8% of their total income in taxes, while those whose income is […]
HeraldNet: Editorial: ‘Millionaires’ tax’ can deliver fairness, revenue
January 5, 2026
We should all hope we’d be in the financial position where we’d have to pay Gov. Bob Ferguson’s proposed “millionaires’ tax,” because — as the name implies — it would levy a tax on annual income above $1 million, meaning we’d be doing pretty well. Read more.
Los Angeles Times: Corporate Tax Breaks Are Exploding the Federal Deficit, but Who Gets the Benefits?
October 15, 2025
The question is who stands to gain most from the tax policymaking in Washington — corporations, their shareholders and their executives, most of whom don’t have to worry about whether cutting off Obamacare subsidies will leave them unable to afford healthcare, or the millions of Americans for whom the subsidies can often spell the difference […]
Rep. Steve Cohen: Congressmen Cohen and Beyer and Senator Wyden Introduce the Billionaire Income Tax Act
September 18, 2025 • By ITEP Staff
WASHINGTON – Congressmen Steve Cohen (TN-9) and Don Beyer (VA-8) and Senator Ron Wyden of Oregon today introduced bicameral Billionaire Income Tax Act bills in an effort to establish a level of fairness in federal taxation and prevent millionaires and billionaires (and one prospective trillionaire) from avoiding significant liability. The measure would tax wealth gains as […]
Wall Street Journal: Blue States Hunt for Ways to Wring More Taxes From the Wealthy
August 14, 2025
A growing number of blue cities and states across the country, from Washington state to Rhode Island, are looking at ways to wring more revenue from their richest taxpayers.
New York Times: States Brace for Added Burdens of Trump’s Tax and Spending Law
July 7, 2025
The ink is not even dry on the far-reaching domestic policy law that President Trump signed on Friday, and already state governments are bracing for impact as Washington shifts much of the burden for health care, food assistance and other programs onto them.
Washington State Budget & Policy Center: The Economic and Fiscal Impacts of Mass Deportation: What’s at Risk in Washington State
May 22, 2025 • By ITEP Staff
In 2022, people who are undocumented paid nearly $1 billion ($997 million) in Washington state and local taxes.2 If 10% of people who are undocumented are deported, it would result in a loss of $100 million per year in state and local tax revenues.
Sacramento Bee: Child Tax Credits: California’s Winners and Losers in New GOP Congressional Plan
May 13, 2025
But there’s also a sobering feature: The parents of an estimated 910,000 California children would lose the credit because their child has at least one undocumented immigrant parent without a Social Security number, according to an analysis by several research groups including Washington’s Institute on Taxation and Economic Policy.
Vanity Fair: IRS Prepares to Provide Addresses of Some Undocumented Taxpayers to Immigration Enforcement
March 24, 2025
“It is a complete betrayal of 30 years of the government telling immigrants to file their taxes,” one former IRS official told The Washington Post, who chose anonymity out of fear of retribution. The partnership between the IRS and ICE is one of the latest moves from President Donald Trump’s administration in their unprecedented onslaught against immigrants, especially ones without documentation.
ITEP’s Who Pays? Cited in Washington Bill Creating Financial Intangibles Tax
March 24, 2025 • By ITEP Staff
Senate Democratic leaders in Washington state have introduced a series of bills aimed at making the state’s tax code more balanced. In the bill text for a new financial intangibles tax, ITEP’s Who Pays? report is cited: “Washington’s tax system remains the second most regressive in the nation as it asks those with the least […]
Washington State Budget & Policy Center: The Truth About Washington’s Revenue Shortfall
March 14, 2025 • By ITEP Staff
During the 2025 legislative session, Washington state lawmakers face a budget shortfall that threatens funding for the public programs we all rely on. Read more.
New York Times: What Mass Deportations Would Do to New York City’s Economy
January 31, 2025
That number comes not from a left-leaning human rights group intent on fostering sympathy for people who crossed the border illegally, but rather from the wonky Institute on Taxation and Economic Policy, a nonpartisan Washington think tank. The organization’s research also tells us that nationally, more than a third of the tax dollars paid by undocumented immigrants go toward payroll taxes, which are aimed at backing entitlement programs that these workers are not entitled to access.
Gov. Jay Inslee: Gov. Inslee Releases Future-Focused Budget Proposal
December 18, 2024 • By ITEP Staff
Today, Gov. Jay Inslee released a balanced budget proposal that protects progress on the programs and services that working families and businesses depend on — public safety, education, early learning, housing and behavioral health. Read more.
Salon: “No Mistake on Who They’re Serving”: Republicans Eye Medicaid, SNAP Cuts to Pay for Trump Tax Plan.
November 19, 2024
President-elect Donald Trump and his advisers are eyeing major cuts to federal safety net programs like Medicaid and food stamps to balance the cost of their massive tax agenda, The Washington Post reported Monday.
The Guardian: How a Republican Trifecta Makes Way for Trump’s Rightwing Agenda
November 14, 2024
With the confirmation that Republicans have won a majority in the House of Representatives, Donald Trump and his party will now have a governing trifecta in Washington come January, giving the new president a powerful perch to enact his rightwing agenda.
Washington State Standard: Washington’s Capital Gains Tax Survives Repeal Effort
November 7, 2024
An initiative to repeal Washington’s capital gains tax, which levies a 7% tax on the sale or exchange of long-term assets like stocks, bonds and business interests, was defeated Tuesday. Read more.
Washington Center for Equitable Growth: The Promise of Equitable and Pro-Growth Tax Reform
October 16, 2024 • By ITEP Staff
The impending expiration of large portions of the 2017 Tax Cuts and Jobs Act at the end of 2025 presents federal policymakers with a significant opportunity to reform the federal tax code in the United States. Too often, political openings for pro-growth tax reform have instead been transformed into opportunities to introduce new tax cuts for those at the top of the income and wealth distribution. Proponents of these tax cuts usually defend their actions by invoking a now-widely discredited “trickle-down” theory of economic growth.
The Washington Examiner: The Coming Multifront Battle Over the Corporate Tax Rate
August 12, 2024
Next year is likely to see the biggest battle over the taxation of corporations in nearly a decade, a multifront engagement that will pit free marketers and big business against Democrats and populists. The corporate tax rate is set to be a point of negotiation in a historic “fiscal cliff” scheduled for next year, when the individual portions of the Trump tax cuts expire.
ProPublica: How a Washington Tax Break for Data Centers Snowballed Into One of the State’s Biggest Corporate Giveaways
August 5, 2024
In 2010, as the country still reeled from the worst economic crisis since the Great Depression, tech companies, real estate developers and rural lobbyists went to the state Capitol in Olympia, Washington, to press for a tax break for data centers.
Connecticut Mirror: Could CT Fight Homelessness With a ‘Mansion Tax’? Yes, Report Says
July 3, 2024
State government could raise as much as $180 million annually to combat homelessness or address other social needs by boosting its tax on the sale of high-value houses, according to a recent report from two Washington fiscal think tanks.
Pluribus News: The Volatility of Taxing the Rich
June 20, 2024
State leaders in Massachusetts and Washington are learning it’s hard to predict how much money their taxes on millionaires and billionaires will rake in.
Sacramento Bee: Is California Really a High-Tax State? New Findings Question That Claim
April 25, 2024
Maybe California is not such a high tax state after all — at least for lower income families. “For families of modest means, California is not a high tax state,” says a new study from the Institute on Taxation and Economic Policy, a liberal Washington research group. Read more.
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