ITEP Work in Action
Center on Budget and Policy Priorities: House Republican Tax Bill Is Skewed to Wealthy, Costs More Than Extending 2017 Tax Law, and Fails to Deliver for Families
May 23, 2025
The 2017 tax law imposed new immigration-related restrictions on the Child Tax Credit, requiring, for the first time that children have a Social Security number (SSN). This change denied the credit to up to 1 million children.
DC Fiscal Policy Institute: Raising Revenue Is An Urgent and Practical Approach to Reducing the Harm of DC’s Recession
May 22, 2025
If Congress extends the 2017 tax cuts as planned, by itself this would yield the top 5 percent of households in DC an average annual tax cut of up to $36,000, depending on how much the cap on deductions for state and local taxes (SALT) is loosened or if it is eliminated altogether (according to unpublished data analysis by the Institute on Taxation and Economic Policy for DCFPI)
Washington State Budget & Policy Center: The Economic and Fiscal Impacts of Mass Deportation: What’s at Risk in Washington State
May 22, 2025
In 2022, people who are undocumented paid nearly $1 billion ($997 million) in Washington state and local taxes.2 If 10% of people who are undocumented are deported, it would result in a loss of $100 million per year in state and local tax revenues.
Media Matters for America: Fox’s Maria Bartiromo Whips Republican Support for Devastating Medicaid Cuts
May 21, 2025
ITEP further explained how regressive the GOP tax bill is: “While working-class families (defined here loosely as the bottom 40 percent of earners) could expect an average tax cut of $361 in 2027, the nation’s highest-income families (defined as the top 0.1 percent) would receive an average tax cut of at least $255,670 in that year.”
New Jersey Policy Perspective: The Economic and Fiscal Impacts of Mass Deportation: What’s at Risk in New Jersey
May 21, 2025
In 2022, people who are undocumented paid an estimated $1.3 billion in New Jersey state and local taxes.[3]
North Carolina Budget & Tax Center: The Economic and Fiscal Impacts of Mass Deportation: What’s At Risk in North Carolina.
May 21, 2025
In 2022, people who are undocumented paid $692 million in North Carolina state and local taxes.[ii] If ten percent of people who are undocumented are deported it would result in a loss of $69 million per year in state and local tax revenues.
Sen. Elizabeth Warren: Letter Re: IRS Commissioner Nominee Billy Long
May 20, 2025
I write to outline my concerns and provide you with a set of questions about them. I ask that you review my questions and come to your Senate Finance Committee hearing prepared to answer them in full. I also ask that you provide written answers prior to any committee vote on your nomination.
Freedom from Religion Foundation: FFRF Warns of Constitutional Threats in Congressional Reconciliation Bill
May 16, 2025
The Freedom From Religion Foundation is sounding the alarm on the deeply troubling federal reconciliation bill making its way through Congress that would funnel billions of public dollars into religious education, erode secular public institutions, and give unprecedented power to the executive branch to target tax-exempt nonprofits — potentially including FFRF itself.
Invest in Louisiana: The Many Benefits of Working Family Tax Credits
May 9, 2025
The Institute on Taxation and Economic Policy’s Neva Butkus explains how state-level EITCs supports families and workers by offsetting regressive state tax systems:
Center on Budget and Policy Priorities: Broad Property Tax Cuts Won’t Provide Relief to Those Most Impacted by High Housing Costs: Renters With Low Incomes
May 8, 2025
State and local policymakers have an important role to play in increasing housing affordability by advancing policies that address the root cause of the housing crisis: bringing down the costs of housing and increasing people’s incomes to help them afford it. Investment in rental assistance is a key solution.
Brookings: How a Federal Tax-Credit Scholarship Plan would Benefit the Wealthy and Underserve Rural America
May 7, 2025
We explain how this type of program could work, and we explore some of its implications, especially for rural communities. In doing so, we focus our analysis on the bill currently before Congress: the Educational Choice for Children Act (ECCA) of 2025.
ITEP Testimony: Miles Trinidad on Rhode Island’s High-Earner Income Tax Surcharge
May 6, 2025
This written testimony was submitted to the Rhode Island House Finance Committee on May 6, 2025. Thank you for the opportunity to provide testimony in support of H-5473, a bill to create a 3 percent surcharge on those earning over $625,000 a year. My name is Miles Trinidad. I am an analyst at the Institute […]
Florida Policy Institute: Florida Budget Proposals in Brief (FY 2025-26): Tax and Revenue
May 3, 2025
The Legislature is at a standstill, with two seemingly competing visions for the future of taxes in Florida. On the one hand, the House of Representatives advanced House Bill (HB) 7033 with various changes to the state’s general sales tax, as well as changes to local tourist development taxes. Read more.
Media Matters for America: Fox News’ Many Justifications for Extending Trump’s Tax Cut for the Wealthy
April 30, 2025
Fox News personalities have gone all in supporting President Donald Trump’s plan to extend his unpopular 2017 tax cuts for the wealthy and corporations, offering a hodgepodge of justifications for why it’s necessary to keep taxes low for rich people and businesses as Congress moves to slash billions in social safety net programs.
Video: ITEP’s Amy Hanauer Discusses Billionaires, Taxes, and More at FP Solutions Summit
April 25, 2025
On April 24, 2025 ITEP Executive Director Amy Hanauer spoke on the panel “The Billionaire Tax Debate: Rethinking Fiscal Responsibility Around the World,” at the FP Solutions Summit. Video is embedded below (the relevant panel begins around the 38:30 mark).
Center on Budget and Policy Priorities: Immigrants Contribute Greatly to the Social Security Trust Fund’s Solvency
April 25, 2025
Immigrants are a critical part of the U.S. workforce and play a key role in strengthening Social Security’s finances. Like all other workers, immigrants contribute to the trust fund through payroll taxes. Even if they themselves will not become eligible to receive benefits in their lifetimes, immigrants improve the solvency of a program that provides almost all workers with a foundation of income for their retirement.
Center on Budget and Policy Priorities: Mississippi Moves to Eliminate Income Tax, Deepening Inequality and Threatening Public Services
April 25, 2025
Mississippi policymakers have taken one of the most extreme steps in state tax policy in recent years: enacting a law that will gradually phase out the state’s personal income tax. Signed by Gov. Tate Reeves in March, the move begins the final stage of a years-long push to dismantle a key pillar of the state’s tax system, which has long helped fund education, health care, infrastructure, and other core services.
George W. Bush Presidential Center: The Policy Implications of the IRS-ICE Data Sharing Agreement
April 23, 2025
There may be substantial policy implications, too. While ICE maintains that it will only be used in narrow circumstances to aid criminal investigations, a policy like this could still discourage people with an ITIN from filing their taxes out of fear that a tax return might make them a target for deportation.
North Carolina Budget & Tax Center: Faced with pausing tax cuts for the rich or lowering state spending, NC Senate budget sides with the wealthy few
April 23, 2025
They will risk recurring budget deficits. They will risk an inability to protect North Carolinians from federal Medicaid and food assistance cuts. To deliver these tax cuts, they will cut funding for the state’s public K-12 students and community college students.
Business Ethics, the Environment & Responsibility: Redefining Purpose: The Effect of the 2019 Business Roundtable Statement on Corporate Tax Strategies
April 23, 2025
Business Roundtable (BRT) firms have faced intense scrutiny from investors, media, and the public following their 2019 “Statement on the Purpose of a Corporation,” which marked a shift from shareholder-centric governance to a stakeholder-focused approach. This shift has sparked debate over whether BRT firms are genuinely committed to social responsibility or merely using it as […]
America’s Voice: On Tax Day, A Reminder That Immigration is Good for America
April 15, 2025
Tax Day 2025 is almost here, meaning millions of workers across the country have either already filed their state and federal returns or are sitting down to finish them up. This includes millions of immigrants, whose immense annual contributions help sustain vital federal programs like Medicare and Social Security, fund our public schools, libraries, and fire departments, and boost our overall economy.
Rep. Andreas Salinas: There’s a False Choice — and Then There’s the Right Choice — on Trump’s Tax Cuts
April 15, 2025
Rarely has Congress faced such an important decision on tax policy as it does right now: whether and how to extend the massive tax cuts enacted in 2017 during the first Trump administration — tax cuts that have largely benefited the rich at the expense of working families. Read more.
Audio: ITEP’s Steve Wamhoff on What Federal Tax Policy Should – and Shouldn’t – Accomplish
April 10, 2025
ITEP Federal Policy Director Steve Wamhoff appeared on the Oregon Center for Public Policy’s “Policy for the People” podcast, discussing his recent report and the 2025 tax debate.
Groundwork Collaborative: Tax Giveaways for Gouging: How the Trump Tax Law Fueled Corporate Profiteering
April 9, 2025
We find that since Trump’s first tax giveaway, these companies have raked in nearly $500 billion in profits and enriched their shareholders by $463 billion while paying just $140 billion in federal income taxes. Compared to the two years before the TCJA was passed, these companies’ profits have more than doubled while their effective tax rates fell by 39 percent.
Peterson Foundation: Here’s How No Tax on Overtime Would Affect Federal Revenues and Tax Fairness
April 9, 2025
As part of a group of tax proposals, Republican leaders recently called for eliminating taxes on overtime pay. Excluding overtime compensation from federal taxes would create a new tax expenditure — also known as a tax break — that would reduce federal revenues and make the U.S. tax system more complex. Here, we review how much no tax on overtime could impact federal tax receipts and deficits, as well as its effect on fairness within the federal tax system.
Advocates and policymakers at the state and federal levels rely on ITEP’s analytic capabilities to inform their debates on proposed tax policy changes. In any given year, ITEP fields requests for analyses of policies in 25 or more states. ITEP also works with national partners to provide analyses of federal tax policy proposals. This section highlights reports that use ITEP analyses to make a compelling case for progressive tax reforms.
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