Citations
6,218 posts
Idaho Center for Fiscal Policy: How the One Big Beautiful Bill’s Tax Changes Impact Idaho Families
• By ITEP Staff
The One Big Beautiful Bill Act (OBBBA) made major changes to public programs and the federal tax code. It included about $4.5 trillion in tax cuts, with most of the benefits going to higher-income households. To help pay for those tax cuts, the law also reduced funding for health care and food assistance and shifted some federal costs onto the states.
Nevada Current: Lombardo says he’s powerless to address affordability
August 4, 2026
The state of Washington, which, like Nevada has no income tax, gave taxpayers a tax credit to help them get by.
Bloomberg News: Microsoft’s US Taxes Drop, Revenue Jumps After Trump Cuts
August 3, 2026
"We know that Microsoft in particular and tech sector more generally are spending huge amounts of money in the last year, especially the last six or last three months, on artificial intelligence," said Matthew Gardner, a senior fellow at the left-leaning Institute on Taxation and Economic Policy. "It's super clear that data center capex is eligible for depreciation."
Economic Opportunity Institute: What the Millionaires Tax would mean for Washington
• By ITEP Staff
In fact, thanks to the legislation’s expansion of the state’s Working Families Tax Credit and elimination of sales taxes on several categories of items, 95% of Washington households will pay less in state taxes, according to an analysis by the Institute on Taxation and Economic Policy.
Bloomberg Tax: Weaker Minimum Book Tax Rules Save Meta, Qualcomm Billions
July 30, 2026
“It’s pretty clear these two things are potentially at odds,” said Matthew Gardner, senior fellow at the Institute on Taxation and Economic Policy. “The more Treasury tries to gut CAMT, the more the side-by-side agreement potentially falls apart.”
USA TODAY: States are relying more on sales taxes. Here’s why that matters
July 30, 2026
Over time, some states have slashed corporate and personal income taxes while also raising the sales tax rate. In 11 states, “all three of those things have happened,” said Sarah Austin, a senior analyst at ITEP and author of the report.
CBS Missouri: What would eliminating income tax mean for Missourians?
July 30, 2026
"The state isn't going to raise any money, but that doesn't mean it's going to be net neutral for each person," Eli Byerly-Duke, a state policy analyst at the Institute on Taxation and Economic Policy, said.
Senator Elizabeth Warren: Warren, King Seek Data on Tax Break for Ultra-Wealthy Expanded by Republicans in One Big Beautiful Bill
• By ITEP Staff
The QSBS exclusion allows investors who buy stock in a “qualified business” to write off as much as 100 percent of their capital gains when they sell that stock, in some cases delivering millions of dollars in tax breaks.
Business Insider: States want to tax the rich less. They’re taxing your purchases more.
July 27, 2026
As many voters clamor for higher taxes on the ultrawealthy and corporations, many states have moved in the opposite direction: lowering taxes on high earners and raising them on everyday goods.
Barron’s: Back to School Spending Expected to Set Records as Shoppers Hunt for Bargains
July 27, 2026
Shoppers are especially focused on value and spacing out purchases as they shop for back to school this summer, but overall spending is still expected to reach record levels.
Senator Chris Van Hollen: Van Hollen, Pettersen Lead Lawmakers in Introducing Legislation to Bring Transparency to Corporate Abuse of Tax Havens, Job Offshoring
• By Matthew Gardner
U.S. Senator Chris Van Hollen and U.S. Representative Brittany Pettersen led their colleagues in reintroducing the Disclosure of Tax Havens and Offshoring Act, legislation to provide transparency around corporations’ use of tax havens and incentives to offshore jobs.
Center on Budget and Policy Priorities: Missouri Tax Amendment Likely to Seriously Harm Services, Shift Taxes Onto Working Families
• By ITEP Staff
In early August, Missouri voters will decide one of the most consequential state tax policy questions in recent memory: whether to eliminate their state’s personal income tax.
California Budget & Policy Center: Should Voters Approve Prop. 3? How Top Tax Rates Have Helped Californians
• By ITEP Staff
Proposition 3 will appear on the November 2026 statewide ballot, asking California voters whether to make permanent the higher-income tax rates on the state’s highest earners.
Migration Policy Institute: Rooted in the Valley: Immigrants in Napa County’s Communities and Economy
• By ITEP Staff
Immigrants made up 29 percent of Napa County’s workforce as of 2019–23, with those working in the wine and hospitality industry generating an estimated $1.5 billion in county GDP.
The Bell Policy Center: Colorado Ballot Guide 2026
• By ITEP Staff
According to the Institute on Taxation and Economic Policy, immigrants without documentation contributed $436.5 million in state and local taxes in Colorado in 2022.
CSG Midwest: Conform or decouple? Changes in federal tax policy stir debates in state legislatures
• By ITEP Staff
“Congress often tinkers with the tax code from one year to the next, so state conformity debates happen all the time, says Carl Davis, research director at the Institute on Taxation and Economic Policy. “But they’re usually much more minor considerations.”
Michigan Democratic Party: Michigan Democrats Slam GOP Billionaire Bailout Budget On One-Year Anniversary of OBBBA’s Passage
• By ITEP Staff
The Institute on Taxation and Economic Policy found the OBBBA “will increase taxes for most Americans, significantly expand income inequality, and add trillions to the national debt, while delivering substantial tax cuts to high-income households, corporations, and foreign investors.”
CBS News: The One Big Beautiful Bill Act is 1 year old. Here are the winners and losers.
July 13, 2026
"The top 1%, in fact, are in line to get $1 trillion in tax cuts from the law over a decade," Jon Whiten, deputy director of the nonpartisan Institute on Taxation and Economic Policy, or ITEP, told CBS News.
Yahoo News: Hawaii’s new ‘millionaire tax’ rivals top tax rate among other states
July 13, 2026
Nick Johnson, senior fellow at the Institute on Taxation and Economic Policy, another Washington, D.C.-based nonprofit and nonpartisan tax policy organization, told the Hawaii Tax Review Commission during a June 16 meeting that the state's personal income tax is "quite progressive" given its graduated rate structure and low-income tax credits.
Lexington Herald-Leader: How are gas prices set in KY? From oil to the pump, here’s what to know
July 9, 2026
In the South, rising costs averaged to about an additional $39.42 in monthly expenses on gas, according to data from the Institute on Taxation and Economic Policy.
Stop Greed, Build Green | Climate and Community Institute: AI First: How the Federal Government is Prioritizing AI Over People and Planet
• By ITEP Staff
The recent explosion of artificial intelligence (AI) and the construction of data centers threatens to swallow the US economy and transform society.
The Arizona Center for Economic Progress: As America250 Approaches, Arizona’s Story Must Include All of Us
• By ITEP Staff
Under H.R. 1, the federal tax package passed last year, the richest 1% of Arizonans are set to receive an average tax cut of nearly $80,000, according to the Institute on Taxation and Economic Policy. The lowest-income 20% of Arizonans will receive about $10. Read more.
Wall Street Journal: Coke Takes on IRS With $20 Billion at Stake
June 22, 2026
Coca-Cola is waging a high-stakes corporate battle with more than $20 billion at stake, and the opponent isn’t Pepsi or even Dr Pepper. It’s the Internal Revenue Service.
Public Citizen: The Current Price of Zero
• By ITEP Staff
The Institute on Taxation and Economic Policy (ITEP) found that at least 88 of the nation’s largest corporations paid zero federal corporate income tax in fiscal year 2025, despite reporting a combined $105 billion in US pretax income.
Reuters: Hawaii Considers Gasoline Tax Suspension as Pump Prices Soar
June 11, 2026
Hawaii Governor Josh Green said he is considering pausing the state's gasoline tax as pump prices surge three months into the Iran war.
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