
June 16, 2025
The Republican megabill now before the Senate cuts taxes for high earners and reduces benefits for the poor. If it’s enacted, that combination would make it more regressive than any major tax or entitlement law in decades. Read more.
June 16, 2025
Unauthorized immigrants paid almost $97 billion in federal, state and local taxes during 2022. Read more.
June 13, 2025 • By ITEP Staff
We are in the midst of a care crisis, caused by a rapidly aging population and an increased need for long-term care that the current workforce just can’t keep up with. Immigrants play a vital role to fill that gap. Without immigrants, our already broken care system would collapse.
June 13, 2025 • By ITEP Staff
The Ohio Senate has passed its state budget bill. Policy Matters Ohio Tax Policy Researcher Bailey Williams issued the following statement:
June 12, 2025 • By ITEP Staff
As she and the federal government escalate attacks on immigrants, DC should not overlook the many ways these residents contribute to the communities they live in and the local economy, including through their tax contributions toward DC’s shared resources.
June 12, 2025
In a year that's already been punctuated by the devastating wildfires that will take years to rebuild, an emotionally weary Los Angeles County is back in an unwanted spotlight due to nearly a week of anti-ICE protests that are testing its character.
June 11, 2025 • By ITEP Staff
The 2025 Legislature made a number of changes to Montana’s tax system, including an expensive cut to the income tax and restructuring of the property tax system.
June 11, 2025
President Trump undoubtedly stands on strong political ground, backed by most Americans, in cases where he's deporting convicted criminals. Now comes a new test, literally 40 years in the making: How comfortable are Americans with deporting millions of immigrants who paid taxes, built families and committed no crimes after coming here illegally?
June 10, 2025 • By ITEP Staff
Governors are uniquely able to advance an economic agenda that reflects the needs of the working class, giving them the opportunity to illustrate a contrast with the Trump administration, whose policies favor billionaires at the expense of working people.
June 10, 2025 • By ITEP Staff
Normally, when individuals sell stock, they must pay capital gains taxes on any profit they’ve made. But donors who gift their stock to an SGO wouldn’t have to pay capital gains taxes on any increase in the stock’s value, and they would still get the generous dollar-for-dollar tax credit, yielding a personal profit for themselves.
June 10, 2025 • By ITEP Staff
Overall, the budget reconciliation legislation would reduce federal taxes for Georgians by $16.6 billion annually. However, 69% of these savings ($11.5 billion) are directed to the highest-earning 20% of Georgia households, or those making over $153,100 per year.
June 9, 2025
A Republican-backed budget package includes a new restriction for the federal Child Tax Credit that could strip the benefit from millions of children who are U.S. citizens or legal residents, according to policy experts.
June 9, 2025
Anew budget proposal that would impose new restrictions on the federal Child Tax Credit could eliminate the benefit for millions of U.S. citizens or legally resident children, policy experts have said.
June 6, 2025
Carl Davis, research director at the Institute on Taxation and Economic Policy, says the program is generous – to say the least. “A dollar-for-dollar charitable donation tax credit is unprecedented at the federal level,” he told CNN in an email.
June 6, 2025
“It boggles the mind that the state legislature would just keep kicking the can down the road, and you have a crisis on your hands,” said Rita Jefferson, an analyst with the Institute on Taxation and Economic Policy, a nonprofit that advocates for more equitable tax policies.
June 6, 2025 • By ITEP Staff
In this report, the Congressional Budget Office estimates how the surge in immigration that began in 2021 affected state and local budgets in 2023.
June 5, 2025
The Congressional Budget Office published its latest estimate of the Republicans’ One Big Beautiful Bill Act on Wednesday. The results are gruesome.
June 5, 2025
The tax code is about more than depreciation, deductions, expenses and the things we focus on when we report our income to the IRS every April. It's about who gets the breaks in this country – and what that says about the priorities and values of those who write our tax laws.
June 5, 2025
A proposal quietly tucked into the House GOP’s reconciliation package, part of what’s being marketed as President Donald Trump’s "Big, Beautiful Bill," would give wealthy individuals and corporations a 100% federal tax credit for donations to private school scholarship funds.
June 5, 2025 • By ITEP Staff
A move to individual filing, making the tax code marriage neutral and reducing tax rates on married women who work, would not only simplify the tax code but make it fairer and increase the ability of married women to participate fully in the economy.
June 4, 2025 • By ITEP Staff
On Thursday, May 22nd, the House of Representatives passed its major tax and spending legislation, which included last-minute revisions that made it even more favorable for the wealthy.
June 2, 2025
Along with hundreds of millions in potential new costs for Missouri taxpayers, an analysis of the budget bill backed by Congressional Republicans and President Donald Trump shows it would also cut state revenue as tax changes at the federal level are reflected in state returns.
June 2, 2025
How’s that for a fun new federal tax scam to help the super-wealthy? “Donate” $10 million in stock to charity, purchased for $6 million — then get all $10 million back in tax credits and avoid more than $1 million in capital gains taxes. Massive benefits for already rich individuals — you gotta love it.
May 31, 2025 • 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 […]
May 29, 2025 • By ITEP Staff
For example, the U.S. tax system mostly functions on voluntary compliance. Unauthorized immigrants contributed nearly $100 billion in local, state, and federal taxes in 2022, the Institute on Taxation and Economic Policy estimates. Concerns that taxpayers’ information could be shared with ICE could lead to a decline in compliance, resulting in reduced tax revenue.