
April 13, 2026 • By ITEP Staff
The proposal would allow for expanded sales taxes to supplement income tax cuts. Read more.
April 13, 2026
Georgia, Oklahoma, and Utah consider legislation that encourages residents to use gold-backed debit cards and provides tax exemptions for such spending. Proponents argue this would combat inflation. “It’s hard to imagine a way of inflation-proofing people’s lives that is less accessible to most Americans than doing it with gold,” said Matthew Gardner, a senior fellow […]
April 9, 2026 • By ITEP Staff
Tax cuts make the system less fair. Circuit breakers, tax credits, and renters’ rebates can help housing affordability for low-income Texans at a lower cost to the state. Read more.
April 9, 2026
Reducing or eliminating property taxes will erode services by cutting off the source of revenue for local governments. Read more.
April 9, 2026
Eliminating coverage for immigrants with legal status is unprecedented. Undocumented immigrants paid $6.4 billion into Medicare and $25.7 billion into Social Security in 2022, according to the Institute on Taxation and Economic Policy. Read more.
April 6, 2026 • By ITEP Staff
The largest U.S. oil and gas companies continue to pay substantially more tax abroad than at home. Corporate tax breaks passed into law last summer are further reducing the effective tax rates of American oil and gas companies. Companies are required to reveal additional details about their taxes due to new accounting standards. Read more. […]
April 6, 2026
In at least 10 states, residents are organizing campaigns to tax wealth to fund schools, prisons, and other social services. Read more.
April 3, 2026 • By ITEP Staff
Children in the bottom 20% of households are left out of OBBBA childcare tax credits, according to the Institute on Taxation and Economic Policy. Read more.
April 2, 2026 • By ITEP Staff
The vetoed bill would have redirected funds from public schools and public education to expand private voucher schools. Read more.
March 31, 2026
This was very overdue, and people in Washington are really excited to see it,” she said. “The bottom line is that billionaires are walking away with a larger share of our economy every single year, and working people can’t afford the basics any more. This movement was growing, this moment was coming.”
March 30, 2026
You can also see the segment here
March 26, 2026 • By ITEP Staff
https://itep.sfo2.digitaloceanspaces.com/OBBB-20250519-New-York.png Read more.
March 26, 2026
State budgets are stretched thinner than they were in 2022 when Russia’s invasion of Ukraine prompted gas tax holidays. Today, a gas tax holiday could have even less effect than 2022’s underwhelming impacts. Read more.
March 25, 2026
When fuel supply is constrained, a significant share of the savings can be absorbed within the oil and gas supply chain rather than passed on at the pump. State-level examples reflect similar patterns, as seen in a recent ITEP analysis. Read more.
March 25, 2026 • By ITEP Staff
With sufficient funding and a flexible structure, the Biden administration equipped every community with resources tailored to its needs. Future policies can look to the success of ARPA’s State and Local Fiscal Recovery Fund to address a widespread crisis, whether it’s a global pandemic, climate disaster, economic downturn, or some combination of the three. […]
March 25, 2026
Carl Davis, research director at the Institute on Taxation and Economic Policy, predicts the number of billionaires who might leave California over the billionaire tax “will be greater than zero, but still very, very small.” Read more.
March 25, 2026 • By ITEP Staff
Maine’s tax code currently asks more of families with middle income than it does of the wealthiest residents. The proposed progressive revenue reforms will raise stable, recurring funding while strengthening the broader economy. Read more.
March 23, 2026 • By ITEP Staff
The U.S. tax code continues to encourage America’s largest corporations to stash profits in tax havens. According to ITEP, these 2025 tax breaks have reduced corporate tax bills by more than $100 billion. Read more.
March 23, 2026 • By Nick Johnson
A written testimony before the Council of the District of Columbia, Committee of the Whole on B26-0324, the “Pass-Through Entities Income Tax and Tax Credit on certain S Corporations and Partnerships Amendment Act of 2025” by Nick Johnson at the Institute on Taxation and Economic Policy on March 19, 2026 Chairman Mendelson and members of […]
March 23, 2026
“There is no substitute for a robust federal tax enforcement program,” Carl Davis, research director at the Institute on Taxation and Economic Policy, said. “But even so, states should still do their best to fill the gaps that have been created by drastic cuts to IRS enforcement.” Read more.
March 23, 2026
School property taxes raise between $15 to $17 billion in Pennsylvania, according to Kamolika Das, local policy director at the Institute on Taxation and Economic Policy. This massive revenue source for Pennsylvania would be hard to replace, even if residents were willing to face higher sales and income taxes. Read more.
March 23, 2026
“The Trump administration’s actions over the last year are a big part of what’s making these revenue raising plans necessary at the state level”, said Matt Gardner, senior fellow at the Institute on Taxation and Economic Policy. The 2025 federal tax law cuts state funds for Medicaid and gives the wealthiest 1% in the U.S. tax […]
March 23, 2026
Lowering property taxes can have unintended long-term consequences for local housing markets. Higher property taxes act like a future mortgage payment. This long-term investment would lower prices and make it easier for first-time homebuyers to gain a foothold in the market. Read more.
March 19, 2026
The Capital Gains Inflation Relief Act of 2025 is just as unpopular as similar bills Sen. Cruz introduced in 2018 and 2021, neither of which passed. Steve Wamhoff of the Institute on Taxation and Economic Policy in 2019, “sounds logical until you think about it.” The legal and economic considerations haven’t changed since then. Read […]
March 19, 2026
Lawmakers consider increasing sales taxes to offset budget cuts to property or income taxes. This will force lower- and middle-income residents, who spend a larger share of their earnings than the wealthy, to foot more of the bill for state services. Read more.