Institute on Taxation and Economic Policy

ITEP Work in Action

Policy Matters Ohio: How Ohio’s Income Tax Works – and How the House Budget Would Change It

April 25, 2023

The proposed changes to the state’s personal income tax in the House substitute budget bill are another blow to Ohio’s only tax that is based on the ability to pay, weakening the public programs, institutions, and supports that make the state strong. Read more.

Oxfam: Tax Wealth, Tackle Inequality

April 14, 2023

Wealth inequality in the US is more extreme and dangerous than income inequality; and we need to change our approach, so we effectively tax wealth as well as income. We offer five reasons why a wealth tax makes sense. Read more.

Video of ITEP’s Amy Hanauer at Bloomberg Government’s 2023 State Policy Breakfast

April 12, 2023

On April 12, ITEP Executive Director Amy Hanauer joined Bloomberg Government’s 2023 State Policy Breakfast to discuss current legislative trends and developments in State Houses across the country. You can watch the video here.  

Testimony of ITEP’s Marco Guzman Before the Nevada Assembly Committee on Revenue

April 10, 2023

For a video of Marco’s testimony, click here. Thank you, Assemblywoman Anderson, and thank you chairman and members of the Assembly for the opportunity to speak on the topic of Nevada’s state tax system. My name is Marco Guzman, and I am a Senior State Policy Analyst with the Institute on Taxation and Economic Policy […]

Oregon Center for Public Policy: Beyond the Water’s Edge: Oregon Can Make it Harder for Corporations to Hide Profits Overseas

April 6, 2023

Oregon can clamp down on multinational corporations shifting profits overseas, create a more level playing field for Oregon businesses, and raise millions in revenue by enacting “complete reporting” by large corporations. Read more.

Oklahoma Policy Institute: Tax Proposals This Session Fail to Deliver Inflation Relief, Jeopardize State’s Long-term Fiscal Health

April 6, 2023

With $10.8 billion in recurring revenue and at least $1.6 billion in one-time funds, the Oklahoma Legislature has significant fiscal decisions to make this session. Oklahoma leaders have repeatedly stated their intentions, including House Speaker Charles McCall who wants to provide “inflation relief” and Gov. Kevin Stitt who heralds a commitment to “fiscal discipline.” However, most of […]

Policy Matters Ohio: Testimony on HB 33 Before the House Finance Committee

April 4, 2023

This general assembly has the good fortune of budgeting in a time of surplus. Smart federal policy drove cash to people and businesses so when the worst of covid passed, the economy could rebound. The federal government has also sent crisis dollars to states, propping up potential shortfalls and funding major investments in many areas […]

Arkansas Advocates for Children: Vital Services At Risk With Income Tax Elimination

March 31, 2023

We all want to live in a state with great schools, well-maintained infrastructure, thriving communities, and strong families. But Arkansas’s Governor and many legislative leaders have expressed their support for sharply cutting – or even eliminating – our personal income tax, which would undermine our ability to ever achieve this goal. Read more.

New Hampshire Fiscal Policy Institute: Households with High Incomes Disproportionately Benefit from Interest and Dividends Tax Repeal

March 30, 2023

New analyses of the elimination of New Hampshire’s Interest and Dividends Tax show that the reduction in tax revenue disproportionately benefits individuals and households with high incomes while significantly reducing revenues available for public services. Read more.

Maine Center for Economic Policy: Impacts of Proposed Income Tax Rate Reduction

March 30, 2023

House and Senate Republicans are demanding income tax cuts be part of the budget, and Democrats in the legislature were right to make sure they didn’t have the tools to threaten a state shutdown to get them. As the legislature prepares to pass a current services budget to avoid a stalemate in June that could […]

Oregon Center for Public Policy: How to Pay (PAE) for It? Enact Complete Reporting

March 29, 2023

Making Oregonians more economically secure requires investing in our well-being: housing, education, child care, and more. One fair way to pay for these investments is to fight corporate tax avoidance by enacting complete reporting. Read more.

OpenSky Policy Institute Webinar: Data Shows Child Tax Credits Benefit Hardworking Families

March 27, 2023

New evidence on child tax credits at the federal level has shown “stunning” results in lifting children out of poverty throughout the country and a state-level policy could continue that momentum, benefiting a broad range of families, panelists including ITEP State Policy Director Aidan Davis said in a February 8 webinar.

Washington State Supreme Court: Opinion Upholding Capital Gains Excise Tax

March 24, 2023

In 2021, the Washington Legislature enacted a capital gains tax, levied at a rate of seven percent on the sale or exchange of certain long-term capital assets. Read more. (See pages 4 and 11 for ITEP citations)

Massachussets Budget & Policy Center: Taking Measure of the Governor’s Tax Plan

March 21, 2023

Governor Healey’s tax relief proposal would reduce state revenue available for future investments by $986 million annually. Three proposed tax credits would be progressive, meaning the benefits for lower-income households would be a larger percent of their income than the benefits for higher-income houseolds..1 The Governor also proposes two highly regressive tax cuts, meaning richer, higher-income households would receive […]

Policy Matters Ohio: Testimony on HB 1 Before the House Ways and Means Committee

March 15, 2023

This bill proposes a substantial rewriting of Ohio’s property and personal income taxes. It is an overly complicated, poorly designed bill that does not achieve what the sponsor claimed it would. It represents a massive wealth transfer from Ohio’s communities to a wealthy few. It is based on unsound economic reasoning and, if passed, it […]

OpenSky Policy Institute: Policy Brief: Consumption Tax

March 3, 2023

The consumption tax proposal in LB 79 would require a rate of 22.1 percent to be revenue neutral, OpenSky analysis conducted with the Institute on Taxation and Economic Policy finds. This rate is nearly three times greater than what is proposed in the bill. Further, OpenSky estimates that if the consumption tax were to be […]

Policy Matters Ohio: Speaker’s #1 priority – Tax cut for the rich

February 23, 2023

One of Ohio House Speaker Jason Stephens’ top-priority bills, House Bill 1, is a massive giveaway to the rich, and the first of two such proposals by leading Republicans in Ohio’s House. According to a new analysis by Policy Matters Ohio, HB 1 slashes funding to children and all manner of local services, does nothing […]

Minnesota Budget Project: Governor Walz Releases FY 2024-25 Budget Priorities

February 16, 2023

The Walz administration’s recently released budget proposal names as their priorities making Minnesota the best state for children, investing in the state’s economic future, and promoting the health and safety of Minnesotans. Read more.

Kansas Action for Children: Flat Tax: Simple Doesn’t Mean Smart

February 16, 2023

The state has seen increased revenue in recent years, with the state budget including millions of dollars in surplus revenue. The temporary, higher receipts have led to several tax cut proposals. Now, some politicians and special business interest groups are proposing to use lingering budget surpluses to tilt the tax code even further in their favor. […]

Oklahoma Policy Institute: The Needs of Everyday Oklahomans Outweigh Tax Cuts that Benefit the Wealthy

February 13, 2023

As Oklahoma’s 2023 legislative session begins, the perennial push for tax cuts that would shrink state revenue will likely return. In 2022, leaders of the Oklahoma House of Representatives championed tax cuts – primarily focusing on reducing the personal income tax, the corporate income tax, and the sales tax on groceries. Ultimately, the legislative session ended without any major […]

The White House: Fact Sheet: The Biden Economic Plan Is Working

February 6, 2023

President Biden has long believed that we must build the economy from the bottom up and middle out, not the top down. …  In 2020, 55 of the largest corporations that were profitable paid $0 in federal income tax. To end that unfairness in the tax code, President Biden signed into law a 15 percent minimum tax […]

Hawaiʻi Budget & Policy Center: Closing the Capital Gains Loophole

February 1, 2023

Eliminating the preferential tax treatment of capital gains income will increase tax fairness and help fund our future. Read more.

New Jersey Policy Perspective: How an Expanded Child Tax Credit Would Help More Hard-Working New Jersey Families

January 31, 2023

Doubling the maximum credit amount would help hundreds of thousands of children and their families pay for basic needs. Read more.

Kentucky Center for Economic Policy: Reducing the Income Tax Will Weaken the Commonwealth

January 25, 2023

House Bill 1 in the 2022 Kentucky General Assembly is the next step in a legislative effort to phase down and even eliminate Kentucky’s income tax. This policy path is quite likely the most dangerous ever considered in the modern history of the commonwealth. It marches toward elimination of the source of 41% of state […]

Open Sky Policy Institute: Major Tax and Education Plans Would Quickly Drain Flush State Coffers

January 23, 2023

The cost of high-profile K-12 finance and tax packages introduced this week would entirely consume the projected $1.9 billion that lawmakers have to enact new legislation in the current two-year budget cycle and then some. 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.