Institute on Taxation and Economic Policy (ITEP)

Citations

ITEP's Citations Research Priorities

In this report, the Congressional Budget Office estimates how the surge in immigration that began in 2021 affected state and local budgets in 2023.

The American Prospect: Trump’s Beautiful Bill Will Kick 11 Million People Off Their Health Insurance

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.

U.S. News & World Report: Ignore the Populist Rhetoric. The GOP Tax Bill Exposes their True Colors

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.

Fox News: Educational Choice for Children Act: A Tax Break for the Rich, Not a Lifeline for Students

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.

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.

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.

Missouri Independent: Proposed Federal Tax Changes could Mean $170M or More Cut to Missouri State Revenues

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.

Kansas City Star: Tell Kansas’ Senators Not to Give Ultra-Wealthy a ‘Big Beautiful’ Tax Loophole | Opinion

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.

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 […]

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.

Vanity Fair: The GOP’s Big, Beautiful Bind

May 29, 2025

While Republicans made inroads with Black and Latino voters in 2024, they could also surrender such gains. According to the Institute on Taxation and Economic Policy, in extending and expanding upon Trump’s 2017 tax cuts, rate and bracket changes would “create more racial inequality in our tax system by disproportionately favoring white taxpayers at the expense of others.”

(For a detailed illustration of how this works—and some nice figures—I’d recommend this piece from the Institute on Taxation and Economic Policy.)

The policy brief, “Centering Black Households in the 2025 Tax Debate,” analyzes how the proposed extension of the 2017 Tax Cuts and Jobs Act (TCJA) would affect Black communities.

Washington Post: GOP Rejects ‘Millionaire Tax’ Pitch, Advancing Breaks for Rich Americans

May 28, 2025

House Republicans rejected a push by some allies of President Donald Trump to include tax hikes on the rich in sweeping legislation they passed last week — a decision that could carry repercussions into next year’s elections.

Audio: ITEP’s Matt Gardner Discusses SALT Cap on ‘Here & Now'”

May 27, 2025

Lawmakers are divided over how to deal with the state and local tax deduction or SALT, after the House passed its version of the Republican spending bill last week. The cap tends to impact Americans who live in higher-tax states particularly hard.

As the Institute on Taxation and Economic Policy notes, the top 1 percent of Floridians (those with income of more than $1.1 million annually) would receive an average tax cut of $86,320 in 2026. As a share of the tax cuts, in 2026, the top 1 percent would receive 25 percent of the total tax cuts.

An analysis by the Institute on Taxation and Economic Policy (ITEP) highlights just how lopsided the bill’s tax provisions are.

Analysis from the Institute on Taxation and Economic Policy shows that the richest 1 percent of taxpayers in the District will get the biggest tax cut—one being paid for by slashing federal basic needs programs for tens of millions of Americans.

Cincinnati Enquirer: Ohio Homeowners Want Property Tax Relief. Other States May Offer a Solution

May 26, 2025

"Families are overloaded with their property taxes," said Brakeyshia Samms, a senior analyst for the institute. "The circuit breaker kicks in like an electrical circuit breaker and helps alleviate the pressure that these taxes put on family budgets."

New York Times: Religious Education Lost at the Supreme Court. But It’s Winning Everywhere Else.

May 24, 2025

The court rejected a religious charter school, but conservatives may get much of what they want in a school voucher program that passed the House this week. Read more.

The Guardian: Trump’s ‘Big, Beautiful Bill’ Benefits the Rich at the Expense of the Poor

May 24, 2025

Republicans in Congress are trying to pass a new tax and spending bill that may end up being a “big, beautiful bill” – but mostly for wealthy Americans. Read more.

NPR: 9 Things to Know about the Big, Private-School Voucher Plan in Republicans’ Tax Bill

May 23, 2025

"It's about three times as generous as what you're gonna get from donating to a children's hospital or a veteran's group or any other cause," says Carl Davis at the Institute on Taxation and Economic Policy. "It really preferences voucher groups over every other kind of charity."

The 2017 tax law imposed new immigration-related restrictions on the Child Tax Credit, requiring, for the first time that children have a Social Security number (SSN). This change denied the credit to up to 1 million children.

NBC News: Education Groups Alarmed Over Budget Bill’s Boost for Private Schools

May 23, 2025

“The result would be a profitable tax shelter for wealthy people who agree to help funnel public funds into private schools,” Amy Hanauer, the institute’s executive director, said in the webinar. “That is to say they would get more money by donating their stock than by selling it.”

Axios: Child Tax Benefit Increase Leaves out Millions of Kids, Analysis Says

May 23, 2025

Under current law, families need upward of $30,000 a year to receive the full tax credit amount, explains Joe Hughes, senior analyst at the Institute on Taxation and Economic Policy.