
October 15, 2023
Extreme wealth has been consolidating in the United States. Read more.
October 13, 2023
Corporate tax evasion has become a much more prominent piece of the discussion as Americans have struggled under high inflation, rising energy and home prices. Read more.
October 10, 2023
Expansion of the Child Tax Credit is blocked in Washington, but many states are partly helping. They can do only so much. Read more.
October 10, 2023
For the second consecutive special session in about 13 months, the Arkansas General Assembly last month approved a temporary nonrefundable income tax credit for low-income and middle-income taxpayers as part of a tax cut package that permanently trimmed the state’s top individual and corporate income tax rates. Read more.
October 6, 2023
As the Supreme Court starts a new term, experts are closely watching a case that could have sweeping effects on the U.S. tax code, including corporate revenue and future wealth tax proposals. Read more.
October 2, 2023
ITEP Senior Fellow Matt Gardner joined Rick Smith to discuss, among other things, our new report Supreme Corporate Tax Giveaway: Who Would Benefit from the Roberts Court Striking Down the Mandatory Repatriation Tax?.
October 1, 2023 • By Andrew Boardman
In late September, ITEP Local Policy Analyst Andrew Boardman presented on the state of local taxes in Alaska to the Presentation at the Alaska Municipal League 2023 Tax Conference. Click here for the slide deck.
October 1, 2023 • By ITEP Staff
Sharp rises in home assessment values are bringing property-tax relief to the forefront at the Statehouse in Columbus. While various bills may provide a partial answer to the property tax squeeze being felt by some Ohioans, there is a better solution. It’s one that has been embraced by states across the country: A property-tax circuit […]
October 1, 2023
New Mexico is one of 10 states that have created or expanded child tax credits after Congress let a federal program expire. Read more.
October 1, 2023
A court case on this term’s Supreme Court docket could end up granting 400 of America’s largest corporations some $271 billion in tax relief, per new calculations from the Institute on Taxation and Economic Policy. Read more.
September 29, 2023
An upcoming case that will be heard by the Supreme Court could potentially have far-reaching implications on the United States tax structure, according to a new report. Read more.
September 27, 2023
John Roberts and Samuel Alito own shares of companies that could score billions in tax relief from the outcome of Moore v. United States. Read more.
September 21, 2023
The federal pandemic-era child tax credit expansion lifted millions of children out of poverty in the second half of 2021. But Congress allowed it to expire at the end of that year, and new U.S. census data shows the child poverty rate more than doubled in 2022, erasing the record gains that were made. Read more.
September 18, 2023
Child poverty in the United States more than doubled from 2021 to 2022, data released Tuesday from the Census Bureau shows. The surge — by far the largest jump on record — is a tragedy that was foreseeable and could have been prevented. It is largely the result of the decision by Congress not to renew the enhanced child […]
September 16, 2023 • By ITEP Staff
On September 14, 2023, the House Oversight and Accountability Committee held a hearing on the Inflation Reduction Act. Rep. Greg Casar talked about how necessary the IRA is to crack down on corporate tax dodging, as evidenced by research from ITEP.
September 14, 2023
This week the Census Bureau released new numbers showing that in 2022 the U.S. lost the dramatic gains made against child poverty in 2021, in large part due to the lapsed Child Tax Credit expansion.
September 13, 2023
Trump and his advisors are setting sights on an aggressive tax cut plan to push during his 2024 campaign. Read more.
September 12, 2023 • By Neva Butkus
The corporate and personal income tax changes under Senate Bill 8 would cost the state more than $200 million, with 70 percent of the overall cuts benefiting Arkansans in the top 20 percent of households.
September 12, 2023 • By ITEP Staff
In a dramatic development, Arkansas lawmakers are returning to work at the state Capitol this week, after Gov. Huckabee Sanders called for a special session of the Legislature last Friday. Top of the agenda? Whether Arkansas should adopt another round of costly income tax cuts that primarily benefit wealthy households and corporations, on top of cuts already […]
September 12, 2023
Remember when Donald Trump ran for office in 2016, claiming to be a champion of the working class and the worst nightmare of the global elite? And then passed a package of tax cuts that disproportionately benefited corporations and billionaires and was basically a middle finger to American workers? Well, today brings some exciting news for those who think the überwealthy […]
September 11, 2023
As Donald Trump widens his lead over other Republican candidates in the GOP primary, the former president’s closest economic advisers are plotting an aggressive new set of tax cuts to push on the campaign trail and from the Oval Office if he wins a second term. Read more.
September 9, 2023 • By Marco Guzman
ITEP Senior State Policy Analyst Marco Guzman gave a presentation on property tax circuit breakers to the Colorado General Assembly’s Legislative Oversight Committee Concerning Tax Policy on September 7, 2023. Click here for the slide deck.
September 7, 2023
The new corporate minimum tax was one of the most significant changes to the U.S. tax code in decades. Its logic rested on the idea that rich companies should not be able to find loopholes and other accounting maneuvers in order to pay lower tax rates than their workers. But making the tax operational has become a […]
August 24, 2023
Under an overcast sky, Patty Flores led a group of colleagues to an empty lot in the mobile home park where she lived. A bare patch of grass traced the outline of a home set ablaze in an electrical fire. She saw it as a symptom of a larger problem, one that connected to her rising […]
August 22, 2023
Amia Edwards lives here because she wants to make a difference. But in this majority-Black city, long starved for funding by the state’s mostly white Legislature, that’s proved a steep challenge. Read more.