
May 16, 2023
Republicans focus on the size of the federal debt in demanding spending cuts in exchange for lifting the debt ceiling. Democrats highlight the number of Americans who would lose benefits if those cuts are made. Read more.
May 16, 2023
Both the House and the Senate’s proposals on property tax cuts would give modest savings to the typical Texas homeowner, but critics say the House plan could create vast inequities and disproportionately benefit wealthy homeowners. Read more.
May 11, 2023 • By ITEP Staff
The Legislature on Wednesday and Thursday will consider property tax breaks and corresponding income tax cuts that together would restrict the revenue that’s available to fund important programs that all Nebraskans rely on for years to come. Read more.
May 3, 2023 • By Amy Hanauer
The written testimony of ITEP Executive Director Amy Hanauer is below the embedded video of the hearing. Dear D.C. Tax Revision Commission, Thank you for inviting me to testify last week on the research of my colleagues at the Institute on Taxation and Economic Policy. We’re grateful to have our perspective included and as a […]
May 2, 2023
Taxes help pay for the public services that many of us take for granted — most of our state budget goes to funding education and health services that benefit us all, whether we personally use them or not. But there are better and worse ways for a state to raise revenue. Read more.
April 25, 2023 • By ITEP Staff
The proposed changes to the state’s personal income tax in the House substitute budget bill are another blow to Ohio’s only tax that is based on the ability to pay, weakening the public programs, institutions, and supports that make the state strong. Read more.
April 25, 2023
Bashing New York City has long been a popular pastime on the right. Conservatives routinely portray the Big Apple as a dystopian wasteland. And the bashing has reached a fever pitch since Alvin Bragg, the Manhattan district attorney, announced multiple charges against Donald Trump. Read more.
April 25, 2023
Congress failed to renew the wildly successful measure, but state lawmakers across the country are working to bring it back. Read more.
April 25, 2023
Despite representing one of America’s poorest states, West Virginia Sen. Joe Manchin (D) decided in 2021 to kill legislation to extend expanded child and antipoverty tax credits that were helping the working class. The expiration of the expanded tax credits resulted in more than three million kids being thrown into poverty. New data shows it also resulted in a massive regressive tax increase […]
April 24, 2023
The racial wealth gap is one of the most glaring injustices in the U.S. today. Hundreds of years of structural and legal barriers excluded and prevented Black households from being able to accumulate and hold onto wealth — and policies continue to perpetuate those barriers today. While the civil rights movement brought changes that narrowed the gap, […]
April 14, 2023 • By ITEP Staff
Wealth inequality in the US is more extreme and dangerous than income inequality; and we need to change our approach, so we effectively tax wealth as well as income. We offer five reasons why a wealth tax makes sense. Read more.
April 14, 2023
Last week, with Tax Day right around the corner, the IRS released a highly anticipated strategic operations plan, explaining how the agency intends to operate over the next decade. Flush with $80 billion in additional funding from the Inflation Reduction Act (IRA), Treasury Secretary Janet Yellen ordered the IRS last year to develop a plan on […]
April 14, 2023
What type of business generates the most sales tax revenue in Clark County, home of the Fabulous Las Vegas Strip? If you guessed “food services and drinking places” ding ding ding you are right. Read more.
April 13, 2023
With the 2023 legislative session blessedly at its end, Arkansas progressives (plus moderates and anyone to the left of the Proud Boys) know what complete and utter political defeat looks like. Read more.
April 12, 2023 • By ITEP Staff
On April 12, ITEP Executive Director Amy Hanauer joined Bloomberg Government’s 2023 State Policy Breakfast to discuss current legislative trends and developments in State Houses across the country. You can watch the video here.
April 10, 2023 • By Marco Guzman
For a video of Marco’s testimony, click here. Thank you, Assemblywoman Anderson, and thank you chairman and members of the Assembly for the opportunity to speak on the topic of Nevada’s state tax system. My name is Marco Guzman, and I am a Senior State Policy Analyst with the Institute on Taxation and Economic Policy […]
April 7, 2023
Private school voucher proposals have moved through both the House and Senate over the last few weeks. Now we cannot be sure what final deal may come out of negotiations and whether it will stall or move forward to the governor’s desk. Read more.
April 6, 2023 • By ITEP Staff
Oregon can clamp down on multinational corporations shifting profits overseas, create a more level playing field for Oregon businesses, and raise millions in revenue by enacting “complete reporting” by large corporations. Read more.
April 6, 2023 • By ITEP Staff
With $10.8 billion in recurring revenue and at least $1.6 billion in one-time funds, the Oklahoma Legislature has significant fiscal decisions to make this session. Oklahoma leaders have repeatedly stated their intentions, including House Speaker Charles McCall who wants to provide “inflation relief” and Gov. Kevin Stitt who heralds a commitment to “fiscal discipline.” However, most of […]
April 4, 2023 • By ITEP Staff
This general assembly has the good fortune of budgeting in a time of surplus. Smart federal policy drove cash to people and businesses so when the worst of covid passed, the economy could rebound. The federal government has also sent crisis dollars to states, propping up potential shortfalls and funding major investments in many areas […]
March 31, 2023 • By ITEP Staff
We all want to live in a state with great schools, well-maintained infrastructure, thriving communities, and strong families. But Arkansas’s Governor and many legislative leaders have expressed their support for sharply cutting – or even eliminating – our personal income tax, which would undermine our ability to ever achieve this goal. Read more.
March 30, 2023 • By ITEP Staff
New analyses of the elimination of New Hampshire’s Interest and Dividends Tax show that the reduction in tax revenue disproportionately benefits individuals and households with high incomes while significantly reducing revenues available for public services. Read more.
March 30, 2023 • By ITEP Staff
House and Senate Republicans are demanding income tax cuts be part of the budget, and Democrats in the legislature were right to make sure they didn’t have the tools to threaten a state shutdown to get them. As the legislature prepares to pass a current services budget to avoid a stalemate in June that could […]
March 29, 2023
Media coverage of Florida Gov. Ron DeSantis’s all-but-announced candidacy for president is already in full frenzy, and so far the script is exactly as his handlers would like it to be. Read more.
March 29, 2023 • By ITEP Staff
Making Oregonians more economically secure requires investing in our well-being: housing, education, child care, and more. One fair way to pay for these investments is to fight corporate tax avoidance by enacting complete reporting. Read more.