Citations
ITEP's Citations Research Priorities
Federal Reserve Bank of Minneapolis: Fiscal Progressivity of the U.S. Federal and State Governments
January 18, 2025 • By ITEP Staff
Combining a variety of survey and administrative data, this paper measures the progressivity of taxes and transfers at the U.S. federal level and separately for each state. Read more.
CNBC: These Five Republicans Are Ready to Derail Trump’s Tax Cuts Over the SALT Cap
January 17, 2025
An influential group of five House Republicans from high-tax states is threatening to hold up a major tax package that is a top priority for President-elect Donald Trump unless they get a significant boost to the amount that their constituents can deduct from federal income taxes to reflect state and local taxes already paid. Read more.
Associated Press: Maryland Gov. Moore Includes Income Tax Increases for Wealthy Residents to Help Address $3B Deficit
January 16, 2025
Maryland Gov. Wes Moore released a budget plan Wednesday that includes higher income tax rates for taxpayers who make more than $500,000, as well as about $2 billion in spending reductions throughout state government to address a $3 billion deficit. Read more.
Maryland Secretary of Budget & Management Cites ITEP Data in Presenting Governor’s Tax Plan
January 16, 2025 • By ITEP Staff
Center for American Progress: Scott Bessent’s 3 Percent Deficit Target Would Require Massive Cuts to Anti-Poverty Programs and Middle-Class Tax Increases
January 16, 2025 • By ITEP Staff
Basic arithmetic suggests that the fiscal goals of President-elect Donald Trump’s treasury pick would slash health care and food security for working- and middle-class families while renewing tax cuts tilted to the wealthy. Read more.
MSNBC: Trump Inverts Reality with His Claims about Migrants Hurting Social Security
January 15, 2025
A key plank of President-elect Donald Trump’s campaign tirades against undocumented immigrants was that they drain vital social services that are facing insolvency threats. “Unlike the Democrats, who are KILLING SOCIAL SECURITY AND MEDICARE by allowing the INVASION OF THE MIGRANTS, I will NOT, under any circumstance, allow either of these two precious GEMS to be even touched under a Trump Administration,” he posted on Truth Social in one characteristic broadside last year.
New Mexico In Depth: Poverty Fell More Than a Third in New Mexico Due to Tax Changes, But There’s More to Do
January 14, 2025
Federal data released last fall show that, after accounting for government benefits, over the last decade the share of New Mexicans experiencing poverty declined more than in almost any other state. That coincides with a period in which state lawmakers significantly altered tax rates to reduce the burden on low-income residents. They enacted and expanded […]
New York Times: How Unauthorized Immigrants Help Finance Social Security Benefits
January 13, 2025
The Social Security Administration receives billions in free money each year from an unexpected source: undocumented immigrants.
ITEP’s Kamolika Das’ Testimony to the Philadelphia Tax Reform Commission
January 11, 2025 • By Kamolika Das
ITEP’s Kamolika Das testified in front of the Philadelphia Tax Reform Commission on January 9, 2025. The commission has been charged to examine the city’s overall tax system and propose ways to make it more inclusive, equitable, and growth oriented, and it has been considering changes to the city’s net profits tax and business income […]
2024 Economic Report of the President
January 10, 2025 • By ITEP Staff
The Economic Report of the President (ERP) is an annual report produced by the Council of Economic Advisers. An important vehicle for presenting the Administration’s domestic and international economic policies, it provides an overview of the nation’s economic progress with text and extensive data appendices. The 2024 report cites a 2021 blog written by ITEP’s […]
CBS News: These 9 States Are Cutting Income Taxes on Jan. 1
January 2, 2025
Some Americans could get a break on their state income taxes this year, with nine states kicking off 2025 with a reduction in their individual income tax rates. Read more.
Brookings Institution: Scaling Up Prenatal and Infant Cash Prescriptions to Eradicate Deep Infant Poverty in the United States
December 22, 2024 • By ITEP Staff
The United States is exceptional among wealthy nations in its high rate of child poverty. Even more so, the U.S. is known for its high level of deep child poverty—children in families with incomes less than half the poverty line. Read more.
Georgia Budget & Policy Institute: From Barriers to Bridges: How Fines and Fees Reform Can Help Boost Economic Security
December 22, 2024 • By ITEP Staff
Excessive local government reliance on fines and fees is tied to persistent barriers to economic security. Policies that lift these barriers could open gateways for more Georgians to achieve workforce mobility free from criminal legal system entanglement. Read more.
Hawai’i Appleseed: How a Second Trump Presidency Could Impact the Pocket Books of Hawaiʻi’s Working Families
December 22, 2024 • By ITEP Staff
With President-elect Trump preparing to return to the White House in 2025, it’s worth examining how his proposed policies could impact Hawaiʻi’s economy, tax system and the household budgets of local working families. Read more.
Accountable.US: Trump IRS Pick Billy Long Took $248,500 From 17 Top Tax-Avoiders
December 19, 2024 • By ITEP Staff
Accountable.US has found that Long’s Congressional campaign committees took $248,500 from 17 top tax-avoiding corporations. These 17 companies paid an astonishing average effective tax rate of -0.4% on over $289 billion in collective profits they made in the first five years of the 2017 Trump tax cuts—which Long voted for. Read more.
Gov. Jay Inslee: Gov. Inslee Releases Future-Focused Budget Proposal
December 18, 2024 • By ITEP Staff
Today, Gov. Jay Inslee released a balanced budget proposal that protects progress on the programs and services that working families and businesses depend on — public safety, education, early learning, housing and behavioral health. Read more.
Crain’s Chicago Business: Cook County’s Property System is Complex and Burdensome. Here’s How It Can Be Fixed.
December 17, 2024
Discontent about property tax increases persists not only among Chicagoans, but also among Cook County residents and property owners nationwide. Relief is what everyone wants, as seen by the rate at which municipalities put property tax-related referendums and legislation on the ballots in 2024, says Rita Jefferson, a policy analyst for the Institute of Taxation & Economic Policy, or ITEP.
MSNBC: With the Election Over, Republicans Are Suddenly Interested in Cutting Social Security
December 5, 2024
It’s hard to find many things that 80% of Americans agree on, but they exist. In various polls taken earlier this year, 4 out of 5 Americans said Joe Biden was too old to run for a second term, the government is doing a bad job dealing with migrants at the Mexican border and the cost of prescription drugs is unreasonable. […]
Foreign Policy: What Trump’s Mass Deportations Would Mean for the U.S. Economy.
November 26, 2024
U.S. President-elect Donald Trump has vowed to conduct “the largest deportation effort in American history,” no matter the price tag—but the economic costs of such a campaign may be bigger than he has bargained for.
The Associated Press: Louisiana Lawmakers Pass Income and Corporate Tax Cuts, Raising Statewide Sales Tax to Pay For It
November 23, 2024
Louisiana’s GOP-dominated legislature passed tax cuts on personal and corporate income on Friday in exchange for a statewide sales tax increase. Read more.
Capital & Main: Why Mass Deportations Would Cripple California’s Economy
November 22, 2024
Trump has, after all, already made full-throated declarations that his administration will conduct the largest deportation of undocumented residents in U.S. history. That should resonate in a place like California, with its estimated 1.8 million undocumented immigrants — and it certainly would shake up a state agriculture industry in which nearly half of all workers are undocumented.
Public News Service: Colorado Working Families Would Pay More Under Trump Tax Proposals
November 21, 2024
President-elect Donald Trump and Republicans in Congress have promised to pass a new tax bill, and a new report breaks down the expected winners and losers. Joe Hughes, senior policy analyst with the nonpartisan Institute on Taxation and Economic Policy, says based on Trump's campaign proposals, the top one percent - those making more than $900,000 a year - will see their tax bill go down by more than $36,000, on average.
Sen. Warren: ITEP Data Shows Trump’s Tax Proposals Won’t Help Working Families
November 20, 2024 • By ITEP Staff
Sen. Warren cited ITEP’s research at a November 20, 2024 hearing of the U.S. Senate Committee on Banking, Housing, and Urban Affairs. To read her remarks, click here. To read the research, click here.
USA Today: Trump Deportation Plan Could Target as Many as 1.1 Million People in Florida
November 20, 2024
With President-elect Donald Trump poised to declare a national emergency to clear the way for the mass deportation of undocumented migrants, Florida may face wholesale disruption in the coming year. Immigration experts say about 5% of Florida’s population – 1.1 million residents – are living here without legal permission. How far Trump goes will be critical in gauging deportation’s impact on communities, families, workplaces and the Florida economy.
Rolling Stone: Team Trump Wants the Poor to Suffer to Fund His Tax Cuts for The Rich
November 20, 2024
The proposals under discussion would likely increase inequality and hardship in America at a time when nearly 4 in 10 households are struggling to pay their bills. In this case, the cuts to America’s meager safety net would be used to finance an unusually direct transfer of wealth upward. A review of Trump’s 2024 campaign tax promises by the Institute on Taxation and Economic Policy found his proposals, taken together, “would, on average, lead to a tax cut for the richest 5 percent of Americans and a tax increase for all other income groups.”
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