
November 6, 2023
Ahead of next year’s presidential election, voters will weigh state and local proposals on abortion, taxes and housing. Read more.
November 1, 2023 • By ITEP Staff
The federal and DC governments tax income from wealth more favorably than income from work. This preferential treatment means we under tax the most well-off, tax their wealth less often, and, in some cases, allow them to accumulate fortunes and pass vast sums of wealth to heirs tax-free. Read more.
November 1, 2023 • By ITEP Staff
While Halloween comes around only once a year, Republicans can’t help but tell terrifying stories about scary brown people all year long. Of course, these horror stories are complete lies, yet we still see and hear them in campaign speeches, tweets, and Congressional hearings. Let’s debunk five of the worst lies about immigrants. Read more.
November 1, 2023
With statewide elections on the doorstep, some 2024 candidates are playing on a familiar ploy in calling for a reduction or an end to Indiana’s income tax. The most popular idea floated by those who are campaigning on the proposal, including current lieutenant governor and gubernatorial hopeful Suzanne Crouch, is to replace a sizable portion […]
October 26, 2023
We older Americans are not only controlling national politics, we are consuming an ever larger share of our economy’s resources through programs like Social Security and Medicare, leaving younger Americans to foot growing bills for their parents’ and grandparents’ retirements. And politicians of both parties are refusing to recognize the consequences. Read more.
October 25, 2023
Since 2021, half the states have cut personal income tax rates. Read more.
October 23, 2023 • By ITEP Staff
Moore v. US, which is set to be heard by the Supreme Court on December 5th, threatens to deliver a major victory to multinational corporations and billionaires hoping to avoid paying their fair share in taxes. Read more.
October 23, 2023
For decades, multinational corporations—especially those based in the U.S.—have funneled billions of dollars in profits to tax havens, earning even more money for their shareholders. Read more.
October 22, 2023 • By Carl Davis
ITEP Research Director Carl Davis gave a presentation on New Mexico’s tax system to that state’s Revenue Stabilization and Tax Policy Committee on October 19, 2023. Click here for the slide deck.
October 21, 2023 • By ITEP Staff
We all benefit when everyday Texans, regardless of where we live or what we look like, have a fair opportunity to prosper. Contrarily, a state tax system designed to favor the ultra-wealthy undermines all of us. In Texas, the wealth gap is so extreme that 66 billionaires living in the state own more wealth than 70% […]
October 21, 2023
As Indiana seems poised to restructure its tax system in the next few years, some policy experts are urging the State and Local Tax Task Force not to make drastic cuts to the state’s individual income tax. Read more and watch the video featuring ITEP’s Neva Butkus here.
October 20, 2023 • By Neva Butkus
Today ITEP State Policy Analyst Neva Butkus presented to the Indiana State and Local Tax Review Task Force. For a related blog from Neva, click here. For her slide deck, click here. Good morning members of the State and Local Tax Review Task Force, Thank you for providing me the opportunity to share ITEP’s findings […]
October 20, 2023
As electric vehicles become more popular and gasoline sales decline, governments are struggling to find new ways to fund infrastructure. Read more.
October 17, 2023
Even if the city wanted to scrap its 1% earnings tax and make the property tax dominant—as it is nationwide—conservative state laws block it. Read more.
October 16, 2023
More than 20 years ago, during Frank Keating’s second term as governor, he proposed replacing the state’s individual income tax, its sales tax on groceries and its business franchise tax with a 5.9% tax on some 200 additional business activities, from hair cuts to house sales. Oklahomans liked the idea of no income tax, but […]
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.