Institute on Taxation and Economic Policy

ITEP Work in Action

New Jersey Policy Perspective: Course Correction: Preserving Senior Housing Affordability While Cutting Costs

June 18, 2025

Renters also have significantly less wealth than their home-owning peers, and nearly 1 in 4 senior renters in New Jersey report it is “very likely” they will lose their home to eviction. Read more.

Hand in Hand: The Domestic Employers Network: We Can’t Solve the Care Crisis Without Immigrants

June 13, 2025

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.

Policy Matters Ohio: A Budget for Ohio’s Millionaires

June 13, 2025

The Ohio Senate has passed its state budget bill. Policy Matters Ohio Tax Policy Researcher Bailey Williams issued the following statement:

DC Fiscal Policy Institute: Undocumented Immigrants Make DC’s Tax Base More Resillient

June 12, 2025

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.

Montana Budget & Policy Center: Tax Policy Highs and Lows from the 2025 Montana Legislature

June 11, 2025

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.

Center for American Progress: Governors Should Fight for an Economic Agenda To Improve the Lives of Working-Class Residents

June 10, 2025

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.

Idaho Center for Fiscal Policy: What You Need to Know About the National Private School Voucher Proposal in the U.S. House Budget Bill

June 10, 2025

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.

Georgia Budget and Policy Institute: The House-Passed Reconciliation Bill Would Significantly Increase National Debt, Primarily Benefitting Top Earners, While Cutting Health Care and Food Assistance

June 10, 2025

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.

Congressional Budget Office: Effects of the Surge in Immigration on State and Local Budgets in 2023

June 6, 2025

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

Roosevelt Institute: It’s Time to End Joint Tax Filing

June 5, 2025

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.

Kentucky Center for Economic Policy: Program Cuts and Tariff Costs Will Leave Many Kentucky Families Worse Off, Even with Modest Tax Cuts

June 4, 2025

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.

West Virginia Center on Budget & Policy: Big Beautiful Bill’s Tax Cuts Overwhelmingly Favor the Wealthiest in West Virginia Even Before Accounting for Tariffs and Benefit Cuts

May 31, 2025

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 […]

Migration Policy Institute: Seeking to Ramp Up Deportations, the Trump Administration Quietly Expands a Vast Web of Data

May 29, 2025

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.

Brookings: The Educational Choice for Children Act Opens the Door to Waste, Fraud, and Abuse

May 29, 2025

(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.)

Joint Center for Political and Economic Studies: Centering Black Households in the 2025 Tax Debate

May 29, 2025

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.

Florida Policy Institute: 4 Things That Floridians Should Know About the US House Reconciliation Bill

May 27, 2025

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.

Colorado Fiscal Institute: One Big Beautiful Betrayal

May 27, 2025

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

DC Fiscal Policy Institute: House Tax Bill Would Be a Massive Giveaway for the Wealthiest Washingtonians

May 27, 2025

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.

Center on Budget and Policy Priorities: House Republican Tax Bill Is Skewed to Wealthy, Costs More Than Extending 2017 Tax Law, and Fails to Deliver for Families

May 23, 2025

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.

DC Fiscal Policy Institute: Raising Revenue Is An Urgent and Practical Approach to Reducing the Harm of DC’s Recession

May 22, 2025

If Congress extends the 2017 tax cuts as planned, by itself this would yield the top 5 percent of households in DC an average annual tax cut of up to $36,000, depending on how much the cap on deductions for state and local taxes (SALT) is loosened or if it is eliminated altogether (according to unpublished data analysis by the Institute on Taxation and Economic Policy for DCFPI)

Washington State Budget & Policy Center: The Economic and Fiscal Impacts of Mass Deportation: What’s at Risk in Washington State

May 22, 2025

In 2022, people who are undocumented paid nearly $1 billion ($997 million) in Washington state and local taxes.2 If 10% of people who are undocumented are deported, it would result in a loss of $100 million per year in state and local tax revenues.

Media Matters for America: Fox’s Maria Bartiromo Whips Republican Support for Devastating Medicaid Cuts

May 21, 2025

ITEP further explained how regressive the GOP tax bill is: “While working-class families (defined here loosely as the bottom 40 percent of earners) could expect an average tax cut of $361 in 2027, the nation’s highest-income families (defined as the top 0.1 percent) would receive an average tax cut of at least $255,670 in that year.”

New Jersey Policy Perspective: The Economic and Fiscal Impacts of Mass Deportation: What’s at Risk in New Jersey

May 21, 2025

In 2022, people who are undocumented paid an estimated $1.3 billion in New Jersey state and local taxes.[3]

North Carolina Budget & Tax Center: The Economic and Fiscal Impacts of Mass Deportation: What’s At Risk in North Carolina.

May 21, 2025

In 2022, people who are undocumented paid $692 million in North Carolina state and local taxes.[ii] If ten percent of people who are undocumented are deported it would result in a loss of $69 million per year in state and local tax revenues.

Sen. Elizabeth Warren: Letter Re: IRS Commissioner Nominee Billy Long

May 20, 2025

I write to outline my concerns and provide you with a set of questions about them. I ask that you review my questions and come to your Senate Finance Committee hearing prepared to answer them in full. I also ask that you provide written answers prior to any committee vote on your nomination.

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.