Citations
ITEP's Citations Research Priorities
The White House: Fact Sheet: The Biden Economic Plan Is Working
February 6, 2023 • By ITEP Staff
President Biden has long believed that we must build the economy from the bottom up and middle out, not the top down. … In 2020, 55 of the largest corporations that were profitable paid $0 in federal income tax. To end that unfairness in the tax code, President Biden signed into law a 15 percent minimum tax […]
States Newsroom: States Take Heat for Spending Federal Relief Funds on Tax Cuts, Prisons
February 2, 2023
As states plan how they’ll spend the $25 billion remaining in federal COVID relief funds, some also are facing criticism and renewed scrutiny over how they allocated money already received from the American Rescue Plan Act. Read more.
Hawaiʻi Budget & Policy Center: Closing the Capital Gains Loophole
February 1, 2023 • By ITEP Staff
Eliminating the preferential tax treatment of capital gains income will increase tax fairness and help fund our future. Read more.
New Jersey Policy Perspective: How an Expanded Child Tax Credit Would Help More Hard-Working New Jersey Families
January 31, 2023 • By ITEP Staff
Doubling the maximum credit amount would help hundreds of thousands of children and their families pay for basic needs. Read more.
Kansas Reflector: Analysis Show Kansas Chamber’s Flat Tax Proposal Costs $1.5B, Favors Top 20% of Wage Earners
January 30, 2023
Assessments by the Kansas budget director and an independent tax policy institute Monday showed the flat tax proposal by the Kansas Chamber would reduce the state budget by $1.5 billion per year and primarily benefit the state’s most affluent wage earners. Read more.
Center for Public Integrity: How Will a Divided Government Affect Taxes?
January 27, 2023
House Republicans want tax changes that experts say would increase inequality and aren’t likely to pass the Senate. In a gridlocked federal landscape, states may hold the key. Read more.
Idaho Statesman: A Warning About Cutting Taxes in States Like Idaho That are Flush with Cash
January 27, 2023
During his State of the State address this year, Idaho Gov. Brad Little quoted Lt. Gov. Scott Bedke’s piece of ranch family wisdom. “It won’t be the bad years that put you out of business; it’s what you did in the good years that sets you up for failure or success.” Flush with cash, too […]
The American Prospect: Reanimating the Taxman
January 26, 2023
At its core, the Internal Revenue Service (IRS) is the federal government’s revenue collector and benefits administrator. Yet with Congress inclined to run virtually every function of the government through the tax code in some form, the agency is equivalent to the central processing unit of every electronic device on the planet. Read more.
Wisconsin Examiner: Tax Analyst Says Flat-Rate System Will Benefit Wealthy at the Expense of the Majority
January 26, 2023
The wealthiest Wisconsin residents already pay a smaller share of their incomes in state taxes than the rest of the population, and replacing the state’s current graduated-rate income tax structure with a flat tax would increase that disparity, a national tax expert says. Read more.
Newsweek: The GOP’s 30 Percent Sales Tax Plan Is Tearing the Republican Party Apart
January 26, 2023
Republicans in the House of Representatives appear divided over a proposed national sales tax that would replace income taxes, with Democrats using the issue to attack the GOP. Read more.
Kentucky Center for Economic Policy: Reducing the Income Tax Will Weaken the Commonwealth
January 25, 2023 • By ITEP Staff
House Bill 1 in the 2022 Kentucky General Assembly is the next step in a legislative effort to phase down and even eliminate Kentucky’s income tax. This policy path is quite likely the most dangerous ever considered in the modern history of the commonwealth. It marches toward elimination of the source of 41% of state […]
Yahoo Money: The Fair Tax Act Aims to Abolish the IRS and Set a National Sales Tax. Here’s How It Would Work
January 25, 2023
Imagine this: Instead of paying federal taxes to the IRS, you pay them to your local cafe every time you buy a latte or to your supermarket when you make a grocery run — or to countless other businesses when you make purchases. Read more.
Yahoo News: Flat Income Taxes: Who Are the Biggest Winners and Losers?
January 25, 2023
From Kansas to Wisconsin to Nebraska, the conversation surrounding a flat tax has picked up as of late, with more state legislators pushing for as much. Read more.
Open Sky Policy Institute: Major Tax and Education Plans Would Quickly Drain Flush State Coffers
January 23, 2023 • By ITEP Staff
The cost of high-profile K-12 finance and tax packages introduced this week would entirely consume the projected $1.9 billion that lawmakers have to enact new legislation in the current two-year budget cycle and then some. Read more.
KUOW Seattle: WA Democrats Join Nationwide Rollout of ‘Wealth Tax’ Proposals
January 20, 2023
Washington state Democrats Sen. Noel Frame and Rep. My-Linh Thai announced legislation Thursday to create a state wealth tax on financial assets in excess of $250 million. They say it could generate an estimated $3 billion per year to fund housing and education, and decrease the tax burden on working-class people. Read more.
The Commonwealth Institute: Support Virginia Families Through a Commonwealth Kids Credit
January 17, 2023 • By ITEP Staff
True economic prosperity means that families are doing well and have the resources and opportunity to thrive. By coming together, people in Virginia have won an improved Earned Income Tax Credit (EITC), increased minimum wage, and expanded workers rights in recent years — policy wins that lift families up. Yet more must be done to […]
CBS News: As Tax Season Nears, a Backlogged IRS Faces GOP Push to Stamp It Out
January 13, 2023
The IRS is gearing up for another tax season amid a slew of challenges, according to a new report. Most pressing is the need to upgrade its “antiquated” systems and hire more workers to provide better service, a watchdog group within the IRS found. Yet the agency’s leadership also faces another test: repelling the latest […]
Newsweek: Wealthy Tax Cheats Set To Benefit From Republicans’ Defunding of IRS
January 10, 2023
Now that Kevin McCarthy has finally been elected House speaker, and a new congressional term sworn in, the GOP has already voted on one of its key promises made during last year’s midterm elections: to target the Internal Revenue Service. Read more.
Governing: The Biggest Issues to Watch in 2023
January 10, 2023
State coffers are overflowing, but inflation could put a pinch on spending plans and tax cuts. The labor market remains tight just when the demand for more teachers is skyrocketing. And then there are the ongoing culture wars. Welcome to 2023. Read more.
Better Wyoming: Want to Slow Wyo’s Boom-and-Bust Cycle? Tax Jackson.
January 6, 2023 • By ITEP Staff
According to a new report by the Institute on Taxation and Economic Policy (ITEP), Wyoming has several options to generate new tax revenue from our ultra-wealthy residents and decrease the state’s reliance on boom-and-bust fossil fuels—even while keeping taxes low on the middle class. All we need to do is tax Jackson. Read more.
Vox: The Ultrarich are Getting Cozy in America’s Tax Havens at Everyone Else’s Expense
January 4, 2023
More states are slashing or eliminating taxes, lessening the burden mostly for the wealthy. What does that cost the rest of us? Read more.
Los Angeles Times: You’re Not Getting Child Tax Credit Checks Anymore. Here’s Why
January 3, 2023
If you raised children during the pandemic, you probably remember something remarkable: getting checks in the mail, every month, from the federal government. The expanded child tax credit provided a few hundred dollars to help pay for your son’s braces or your daughter’s ballet lessons — or to ease the stress over whether you had […]
The Hill: Trump Tax Returns Raise Alarms About Fairness of US Tax Code
January 3, 2023
A preliminary review of the thousands of pages of Donald Trump’s tax returns released by a key congressional committee on Friday confirms that the former president was using business losses in the tens of millions of dollars to reduce his annual tax liability, in some cases all the way down to zero. Read more.
Albany Times Union: Ending Poverty Will Take a New Look at Wealth, Too
January 2, 2023
We would do well to remember the millions of families in New York that were already experiencing the storms of poverty, inequality and policy violence, not to mention those who have nowhere safe to celebrate the holidays. Read more.
Seattle Times: Proliferation of GoFundMes Reveals a Dirty Little Open Secret
January 2, 2023
This time of year, we find ourselves touched by the generosity, grace and kindness of people helping people. Extending ourselves to others reveals the best of who we are as humans, and that emerges so clearly during the holiday season. Yet as moved as I often am by the ways people show up for each […]
Institute on Taxation
and Economic Policy
ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
Subscribe to ITEP Emails
Tax research and policy news in your inbox.
Promote Fair Tax Policy
Your gift to ITEP promotes tax justice. With your help, we do research that supports taxing millionaires and billionaires, taxing big corporations and raising revenue for the things our people, our communities and our planet need.
Together, we can create a country with more economic justice, more racial justice, more climate justice… and more tax justice.