Institute on Taxation and Economic Policy (ITEP)

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6,239 posts

Invest in Louisiana: The Many Benefits of Working Family Tax Credits

• By Neva Butkus

The Institute on Taxation and Economic Policy’s Neva Butkus explains how state-level EITCs supports families and workers by offsetting regressive state tax systems:

Center on Budget and Policy Priorities: Broad Property Tax Cuts Won’t Provide Relief to Those Most Impacted by High Housing Costs: Renters With Low Incomes

• By ITEP Staff

State and local policymakers have an important role to play in increasing housing affordability by advancing policies that address the root cause of the housing crisis: bringing down the costs of housing and increasing people’s incomes to help them afford it. Investment in rental assistance is a key solution.

Brookings: How a Federal Tax-Credit Scholarship Plan would Benefit the Wealthy and Underserve Rural America

• By ITEP Staff

We explain how this type of program could work, and we explore some of its implications, especially for rural communities. In doing so, we focus our analysis on the bill currently before Congress: the Educational Choice for Children Act (ECCA) of 2025.

ITEP Testimony: Miles Trinidad on Rhode Island’s High-Earner Income Tax Surcharge

• By Miles Trinidad

This written testimony was submitted to the Rhode Island House Finance Committee on May 6, 2025.  Thank you for the opportunity to provide testimony in support of H-5473, a bill to create a 3 percent surcharge on those earning over $625,000 a year. My name is Miles Trinidad. I am an analyst at the Institute […]

Florida Policy Institute: Florida Budget Proposals in Brief (FY 2025-26): Tax and Revenue

• By ITEP Staff

The Legislature is at a standstill, with two seemingly competing visions for the future of taxes in Florida. On the one hand, the House of Representatives advanced House Bill (HB) 7033 with various changes to the state’s general sales tax, as well as changes to local tourist development taxes. Read more.

CNN: Undocumented Immigrations Contribute More to Social Security than They Receive in Benefits

May 1, 2025

President Donald Trump’s drive to deport immigrants and block new arrivals could chip away at Social Security’s finances at a time when the program is already on shaky financial footing, experts say.

Media Matters for America: Fox News’ Many Justifications for Extending Trump’s Tax Cut for the Wealthy

• By ITEP Staff

Fox News personalities have gone all in supporting President Donald Trump’s plan to extend his unpopular 2017 tax cuts for the wealthy and corporations, offering a hodgepodge of justifications for why it’s necessary to keep taxes low for rich people and businesses as Congress moves to slash billions in social safety net programs.

Stateline: New Tax Cuts Mostly Favor the Rich Across States this Year

April 29, 2025

Missouri Republicans may take their tax-cutting efforts to new heights this year as lawmakers consider exempting profits from the sale of stocks, bonds and real estate from state income taxes.

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Video: ITEP’s Amy Hanauer Discusses Billionaires, Taxes, and More at FP Solutions Summit

• By Amy Hanauer

On April 24, 2025 ITEP Executive Director Amy Hanauer spoke on the panel “The Billionaire Tax Debate: Rethinking Fiscal Responsibility Around the World,” at the FP Solutions Summit. Video is embedded below (the relevant panel begins around the 38:30 mark).

CNBC: Trump Tariffs Will Hurt Lower Income Americans More than the Rich, Study Says

April 25, 2025

Tariffs levied by President Donald Trump during his second term would hurt the poorest U.S. households more than the richest over the short term, according to a new analysis.

Center on Budget and Policy Priorities: Immigrants Contribute Greatly to the Social Security Trust Fund’s Solvency

• By ITEP Staff

Immigrants are a critical part of the U.S. workforce and play a key role in strengthening Social Security’s finances. Like all other workers, immigrants contribute to the trust fund through payroll taxes. Even if they themselves will not become eligible to receive benefits in their lifetimes, immigrants improve the solvency of a program that provides almost all workers with a foundation of income for their retirement.

Center on Budget and Policy Priorities: Mississippi Moves to Eliminate Income Tax, Deepening Inequality and Threatening Public Services

• By ITEP Staff

Mississippi policymakers have taken one of the most extreme steps in state tax policy in recent years: enacting a law that will gradually phase out the state’s personal income tax. Signed by Gov. Tate Reeves in March, the move begins the final stage of a years-long push to dismantle a key pillar of the state’s tax system, which has long helped fund education, health care, infrastructure, and other core services.

George W. Bush Presidential Center: The Policy Implications of the IRS-ICE Data Sharing Agreement

• By ITEP Staff

There may be substantial policy implications, too. While ICE maintains that it will only be used in narrow circumstances to aid criminal investigations, a policy like this could still discourage people with an ITIN from filing their taxes out of fear that a tax return might make them a target for deportation.  

WUSF: Lawmakers Want a Nationwide Private School Voucher Program like Florida’s

April 23, 2025

Lawmakers and school choice advocates gathered in Tampa on Tuesday to promote a federal bill that would create the first nationwide school voucher program.

North Carolina Budget & Tax Center: Faced with pausing tax cuts for the rich or lowering state spending, NC Senate budget sides with the wealthy few

• By ITEP Staff

They will risk recurring budget deficits. They will risk an inability to protect North Carolinians from federal Medicaid and food assistance cuts. To deliver these tax cuts, they will cut funding for the state’s public K-12 students and community college students.

Business Ethics, the Environment & Responsibility: Redefining Purpose: The Effect of the 2019 Business Roundtable Statement on Corporate Tax Strategies

• By ITEP Staff

Business Roundtable (BRT) firms have faced intense scrutiny from investors, media, and the public following their 2019 “Statement on the Purpose of a Corporation,” which marked a shift from shareholder-centric governance to a stakeholder-focused approach. This shift has sparked debate over whether BRT firms are genuinely committed to social responsibility or merely using it as […]

Vox: There’s No “Right Way” to Immigrate Anymore

April 18, 2025

The federal government’s assault on immigrants is pushing them to live in the shadows.

The Atlantic: We’re About to Find Out What Mass Deportation Really Looks Like

April 18, 2025

The Trump administration’s campaign to remove millions of people from the United States could soon be supercharged by Congress.

MSNBC: Trump is Using His Election Denial Playbook on Social Security

April 18, 2025

Donald Trump's administration has taken a sledgehammer to the Social Security system, and it's using the president's election denial playbook to do so along the way.

KJZZ Phoenix: As Tax Day Comes and Goes, Advocates Look at Impacts of IRS-DHS Data Share Agreement

April 18, 2025

This year’s Tax Day came just after the Trump administration finalized a deal with the IRS to hand over data about undocumented immigrant taxpayers.

Thomson Reuters: Pushback Against Trump Plan to End IRS Direct File

April 16, 2025

Lawmakers and tax policy organization officials sounded off against the Trump administration’s reported intention to end the IRS’ free e-filing program after the only tax filing season it was available to taxpayers nationwide and in partnership with two-dozen state revenue agencies. Read more.

NBC News: IRS Agreement with ICE to Share Immigrants’ Info Could Lead to Billions Less in Tax Revenue

April 15, 2025

Like millions of American citizens and immigrants, Ivan filed his taxes last year. But Ivan, 54, a Massachusetts resident who hails from Colombia, is worried a recent agreement between the IRS and Immigration and Customs Enforcement means he is in danger of being deported for doing what he believed was the right thing.

CNN: “People Are Feeling Betrayed”: They Paid Taxes in Good Faith and Now Fear It Could Lead to Their Deportation

April 15, 2025

A recent data-sharing deal between the Internal Revenue Service and the Department of Homeland Security is sparking widespread concern in immigrant communities – though some details about how the deal could work haven’t been disclosed.

America’s Voice: On Tax Day, A Reminder That Immigration is Good for America

• By ITEP Staff

Tax Day 2025 is almost here, meaning millions of workers across the country have either already filed their state and federal returns or are sitting down to finish them up. This includes millions of immigrants, whose immense annual contributions help sustain vital federal programs like Medicare and Social Security, fund our public schools, libraries, and fire departments, and boost our overall economy.

Marketplace: IRS’ Direct File is Free for Millions of Taxpayers, but Not Everyone Wants to Keep It Around.

April 15, 2025

April 15 is Tax Day. If you haven’t filed yet, one option could be the IRS’ Direct File program, which lets some taxpayers electronically file their returns directly with the agency for free, as opposed to through third-party providers.