ITEP Work in Action
American Society of Civil Engineers: America’s Infrastructure Scores a C
March 25, 2025
The 2025 Report Card for America’s Infrastructure demonstrates that recent federal investments have positively affected many of the infrastructure sectors Americans rely on every day.
ITEP’s Who Pays? Cited in Washington Bill Creating Financial Intangibles Tax
March 24, 2025
Senate Democratic leaders in Washington state have introduced a series of bills aimed at making the state’s tax code more balanced. In the bill text for a new financial intangibles tax, ITEP’s Who Pays? report is cited: “Washington’s tax system remains the second most regressive in the nation as it asks those with the least […]
Hawai’i Appleseed Center for Law & Economic Justice: Hawai’i Should Close Tax Loopholes for Multinational Corporations
March 20, 2025
Multinational corporations make huge profits from the business activity they conduct in Hawaiʻi, while dodging the taxes they should be paying to support our state. These huge corporations do this by moving the profits earned within Hawaiʻi to their tax havens in foreign countries that levy almost no corporate taxes.
Oregon Center for Public Policy: Renew and Expand the Oregon Earned Income Tax Credit
March 20, 2025
The EITC is one of the most effective ways to address rising costs for hard-working families in Oregon.
Massachusetts Budget & Policy Center: By Taxing GILTI Profits, Massachusetts Can Reclaim Millions in Revenue Lost to Corporate Offshore Tax Dodging
March 20, 2025
Massachusetts loses out on hundreds of millions of tax dollars each year due to “profit-shifting”, a practice common among large, multinational corporations. International profit-shifting involves complex accounting maneuvers that make a corporation’s U.S. profits appear instead on the books of related companies located in offshore tax havens. It is an abusive form of tax avoidance that many multinational corporations use to lower their federal and state tax payments.
Every Texan: Texas Taxes Are Upside-Down. Big Tax Cuts Don’t Help.
March 18, 2025
Texas’ tax system is upside-down. When it comes to funding our public services, schools, and state and local governments, Texans with lower incomes are expected to pay more than their fair share. Read more.
Washington State Budget & Policy Center: The Truth About Washington’s Revenue Shortfall
March 14, 2025
During the 2025 legislative session, Washington state lawmakers face a budget shortfall that threatens funding for the public programs we all rely on. Read more.
Minnesota Budget Project: Trump’s 2025 Tax Plans Would Hurt Everyday Americans
March 12, 2025
Trump tax plans – like extending most provisions of the Tax Cuts and Jobs Act (TCJA) that are set to expire, special tax breaks for people who earn some kinds of income, or new corporate tax cuts – would provide the largest tax cuts to higher-income households and profitable corporations. Because the Trump tax plans are also very costly, they could add hundreds of billions of dollars to the deficit every year and put health care, food support, and other public services that low- and middle-income people benefit from on the chopping block to pay for those tax cuts.1
Centre for International Corporate Tax Accountability and Research: Starbucks’ Swiss Scheme: ‘Fair’ Trading or Global Tax Dodge?
March 10, 2025
A new report from CICTAR alleges that hidden behind its ‘ethical’ sourcing of coffee beans, Starbucks engages in major global tax avoidance. The report estimates that at least $1.3 billion has been diverted via Starbucks’ Swiss subsidiary over the last decade. On paper only, all of Starbucks’ coffee – at least 3% of the global coffee bean trade – is purchased via a Swiss subsidiary. This entity, Starbucks Coffee Trading Company Sarl, has marked up the price by a stunning 15-18% before re-selling to other Starbucks subsidiaries for roasting and retailing.
Economic Policy Institute: What You Need to Know About Immigrant Workers
March 10, 2025
New fact sheets from the Economic Policy Institute illustrate the positive economic impact of immigrant workers in every state–and cite recent research on how much President Trump’s mass deportation agenda could cost states in tax revenue. Read more.
Center on Budget and Policy Priorities: Maryland’s Tax Loophole for Billionaire Corporations Must End as Federal Cuts Loom for Working Families
March 7, 2025
Conservative revenue estimates released last month by the Institute on Taxation and Economic Policy (ITEP) project more than $700 million annually in new revenues for Maryland once you close the loophole that allows a small group of the world’s most aggressive global giants to dodge their responsibility to the people of Maryland.[10] These funds will help Maryland close its budget gap, respond effectively to the federal government’s financial threats, and enable important public investments in good schools, good nutrition, good roads, good health care, and good state workers who deliver high-quality service to Marylanders.
Sen. Warren: Warren Slams Big Tech CEOs for Cozying Up to Trump Admin, Attempting to Score Billions in Tax Handouts at Working Families’ Expense
March 7, 2025
U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Finance Committee, wrote to Elon Musk, CEO of Tesla; Jeff Bezos, CEO of Amazon; Mark Zuckerberg, CEO of Meta; Tim Cook, CEO of Apple; and Sundar Pichai, CEO of Alphabet, regarding the cumulative $75 billion in tax giveaways — handed out at the expense of working families — that their companies could receive after cozying up to the Trump administration.
American Journal of Managed Care: Trump’s Immigration Crackdown Fuels Health Crisis: Detention, Depression, Deportation, and Disease
March 6, 2025
The Trump administration’s stringent immigration policies are causing a public health crisis, marked by severe mental and physical health consequences for detained immigrants in overcrowded and unsafe detention centers, which places a substantial financial burden on the US health care system. Read more.
Sen. Sanders Delivers Livestreamed Response to President Trump’s Congressional Address
March 5, 2025
As most Americans know, we are living in a pivotal moment in American history – facing unprecedented challenges. How we respond to this moment will impact not only OUR lives, but the lives of our kids and grandchildren and, in terms of climate change, the very health and well-being of our planet. Read more.
Testimony: ITEP’s Miles Trinidad on Maryland’s Budget Reconciliation Act of 2025
March 4, 2025
This testimony was delivered to a joint session of Maryland’s House Appropriations and Ways and Means Committees on February 27, 2025. Thank you for the opportunity to provide testimony on the Budget Reconciliation Act of 2025. My name is Miles Trinidad, and I’m a state analyst with the Institute on Taxation and Economic Policy, a […]
New Jersey Senator Singleton and Senate President Scutari Resolution Condemning Federal Efforts to Cut Funding
March 4, 2025
In response to the recent passage by the House of Representatives of a budget resolution that seeks to cut hundreds of billions in funding for programs like Medicare, Medicaid, and the Supplemental Nutrition Assistance Program (SNAP), the Senate Health, Human Services, and Senior Citizens Committee has passed a resolution from Senator Troy Singleton and Senate […]
Testimony: ITEP’s Matt Gardner Discusses How to Improve Maryland’s Tax Code at House Ways & Means Committee Hearing
February 27, 2025
ITEP Senior Fellow Matt Gardner submitted the written testimony below to Maryland’s House Ways & Means Committee on February 20, 2025. Video of his oral testimony is at the bottom of this post. Thank you for the opportunity to submit written testimony. My name is Matthew Gardner. I am a senior fellow at the Institute […]
Hawai’i Worldwide Combined Reporting Bill Cites ITEP Data
February 25, 2025
House Bill 116 in this year’s state legislative session in Hawai’i cites ITEP data on the revenue potential of worldwide combined reporting (WWCR). (For more on WWCR, read our recent report here.)
Florida Policy Institute: A Risky Proposition: Weakening Local Governments by Eliminating Property Tax Revenue
February 25, 2025
In Florida, the ability of local governments to raise revenue for operations is limited by the state constitution.[1] With the exception of fees, special assessments,[2] and the property tax, also known as an ad valorem tax, local governments are dependent on the Legislature and state laws for authority to levy other forms of taxation and raise revenue. Consequently, as a matter of fiscal management and local autonomy, the property tax is paramount. Considering recent policy proposals to eliminate property taxes (see Appendix), this brief explores the property tax, its role as a source of local fiscal autonomy, possibilities for reform, and the…
Maine Center for Economic Policy: Proposed Medicaid Cuts Put Maine Families’ Incomes At Risk
February 22, 2025
Proposed Medicaid cuts could affect over 400,000 Mainers, especially children, older adults, and families with low income, reducing access to essential health care and economic stability. Read more.
Center on Budget and Policy Priorities: Let’s End Corporate Tax Avoidance in Maryland by Enacting Worldwide Combined Reporting
February 22, 2025
Conservative revenue estimates released this week by the Institute on Taxation and Economic Policy (ITEP) project hundreds of millions of dollars in new revenues for Maryland once you close the loophole that allows a small group of the world’s most aggressive global giants to dodge their responsibility to the people of Maryland. Read more.
Maryland Center on Economic Policy: First Look: Governor Combines Revenues, Cuts to Narrow Budget Gap
February 11, 2025
Gov. Moore’s budget proposal for fiscal year 2026 (July 2025–June 2026) makes a significant dent in the state’s looming shortfalls, with similar-sized contributions from tax reforms and budget cuts. The plan takes several positive steps to crack down on corporate tax avoidance and ask wealthy individuals to pay their fair share. These reforms are an important measure to protect Marylanders from much more drastic cuts to public services. At the same time, a more ambitious revenue package would do more to support the foundations of thriving communities across our state.
Demos: Taxes Explained: A Fair and Just Tax Code Is Critical for Improving Economic Power for the People
February 11, 2025
This year will be a pivotal year for tax policy and will have far-reaching consequences for our economy and democracy. It is important that the people understand what is at stake. This Tax Justice and Racial Equity Explainer Series will cover key elements of the tax code that Congress will be debating this year and their real-world significance for communities of color. The following four pieces will cover corporate taxation, the difference between wealth and income taxes, and an overview of tax credits and deductions.
Kentucky Center for Economic Policy: Another Income Tax Cut Will Dig the Hole Deeper
February 10, 2025
Kentucky lawmakers are expected to vote early in the legislative session on another half-point cut to the individual income tax rate, a drop from 4% to 3.5%. This cut is expected to pass despite a projected decline in tax revenues due to the income tax reductions of the last couple of years. With this next drop, the state will get closer to the level of tax cuts Kansas put in place in 2013 and was forced to reverse just five years later because the state wasn’t bringing in enough money to meet its obligations.
Video: ITEP’s Kamolika Das on Revenue and Fines & Fees Reform
February 5, 2025
ITEP Local Policy Director Kamolika Das discussed revenue and the reform of fines and fees at this webinar hosted by the Fines & Fees Justice Center.
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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