
July 10, 2025
A coalition of policy experts and wealthy advocates warned North Carolina lawmakers that recent federal budget cuts could devastate state services, urging action to protect health care, food assistance and other public programs.
July 10, 2025
Donald Trump and congressional Republicans aren’t the only ones enacting massive tax cuts that heavily favor the wealthy and big business. Republican state legislators backed by corporate-funded advocacy groups have also made significant strides toward flattening or eliminating once-progressive state income taxes in this year’s legislative sessions.
July 9, 2025
President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting.
July 9, 2025
The new GOP tax law quadruples how much people can deduct in state and local taxes off their federal returns, offering significant relief to high earners in many Democratic-led states by partially undoing a big change in President Donald Trump’s 2017 law.
July 7, 2025 • By ITEP Staff
"America needs to fix its broken immigration system. Bipartisan reform attempts have repeatedly failed over more than three decades, as Congress has kicked the can down the road without solving fixable problems. The existing, outdated system fails us all. We must make the immigration system work for America."
July 7, 2025 • By ITEP Staff
Today, Congressional Republicans gave final approval to a federal budget bill that makes historic cuts to social safety net programs, funnels unprecedented resources into mass deportation, and gives trillions in tax cuts largely to the wealthy while ballooning the deficit. Read more.
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.
July 7, 2025
Congress has signed off on a $3.4 trillion legislative package featuring new tax breaks, spending cuts, and more funding for defense and immigration enforcement, delivering President Donald Trump his “big, beautiful bill” despite rumblings from fiscal hawks about the projected $4 trillion it could add to the national debt over the next decade.
July 7, 2025
The popular child tax credit will receive a slight boost from President Trump’s signature tax and spending bill – but there are caveats.
July 7, 2025
The plan, part of the Republican domestic policy bill, includes all but the wealthiest families. But states must opt in, which could limit its reach.
July 6, 2025
ITEP Executive Director Amy Hanauer appeared on BreakThrough News’ The Freedom Side live on Thursday, July 3 to discuss the tax and spending megabill moving through Congress.
July 3, 2025 • By ITEP Staff
While the bill will make life harder for millions of current Medicaid recipients and low-income families, a wide swath of corporate America came out as big winners. Here’s a look at the industries that won in the “One Big Beautiful Bill,” and one that didn’t quite get everything it wanted.
July 3, 2025
How much money you save with tax deductions, which reduce your taxable income, depends on your bracket. Deductions are more valuable to higher-income households and less beneficial for lower earners, experts said.
July 2, 2025 • By ITEP Staff
The budget reconciliation bill passed today by the Senate on a vote of 51-50, with Vice-President Vance casting the tie-breaking vote, will cause significant harm to millions of children and families, all for the sake of providing more tax breaks for the wealthy.
July 1, 2025
Most every Texan stands to see at least some benefit from the tax cuts at the heart of President Donald Trump’s “big, beautiful bill.” But the biggest benefits are geared toward the wealthiest people, who will not only continue to enjoy hefty tax cuts but also gain access to a host of new tax breaks of […]
July 1, 2025
Michael Ettlinger, a political adviser who previously worked with the Biden-Harris campaign, said, "If the Republican's new accounting method becomes the norm, it will be far easier to pass deficit increasing legislation in the Senate with a simple majority vote – limiting the impact of the filibuster."
June 30, 2025 • By ITEP Staff
The exemption could reduce state revenues by around $600 million each year, according to the Institute on Taxation and Economic Policy, roughly equal to the cost of funding 11,000 public school teachers’ salaries. Read more.
June 27, 2025
Republicans tout that as a benefit to working Ohioans and the economy and another step in their continuing efforts to reduce the state’s tax burden, with the aim of some of them being to eventually eliminate the income tax entirely. Institute on Taxation and Economic Policy, a Washington, D.C. nonprofit, found 98% of the benefit […]
June 26, 2025
“If a U.S. citizen is married to an undocumented immigrant, or if a citizen child has an undocumented parent, then the House bill considers the citizen to have forfeited their right to a range of tax breaks,” ITEP researchers Carl Davis and Sarah Austin wrote in an analysis in May. Read more.
June 26, 2025 • By ITEP Staff
According to the Institute on Taxation and Economic Policy, this NC Senate proposal alone would deliver an additional average annual tax cut of $64,700 to millionaires in North Carolina, on top of their federal tax cuts and more than a decade of state cuts. This is more than 52 times the average amount received by non-millionaires, who would see roughly $1,200.
June 25, 2025 • By Aidan Davis, Neva Butkus
The COVID-19 pandemic spurred temporary expansions to existing anti-poverty programs, which had a profound impact on poverty rates…Key programs during this period included SNAP, the refundable Child Tax Credit, and increased funding for TANF. As federal pandemic relief has expired, several states have enacted state-level replacements. Read more.
June 23, 2025
“The new tax credit could become a model for Congress to direct money to other causes through the tax code,” said Carl Davis, research director at the Institute on Taxation and Economic Policy. Read more.
June 23, 2025
According to the Institute on Taxation and Economic Policy, undocumented immigrants paid $96.7 billion in federal, state and local taxes in 2022. Of that amount, $59.4 billion was paid to the federal government, and the remaining $37.3 billion was paid to state and local governments. Read more.
June 23, 2025
Miles Trinidad, a state analyst for the Institute on Taxation and Economic Policy, a nonprofit, nonpartisan tax policy organization, said flat fee increases like the document fee and the cigarette tax are regressive and will hurt low-income Delawareans. Read more.
June 20, 2025
But while the impact of President Trump’s deportation sweep may take time to register, uncertainty caused by policy shifts, muscular arrests, and deportations is already taking a toll. Read more.