Institute on Taxation and Economic Policy (ITEP)

Citations

ITEP's Citations Research Priorities

The Institute of Taxation and Economic Policy estimates that in 2026, South Carolina’s wealthiest 1%—those making over $782,500 a year—will receive an average tax cut of $68,260, while the lowest-income residents, earning under $23,200, will face an average tax increase of $30, in addition to steep cuts to Medicaid and SNAP. Read more.

Today, dozens of public interest organizations representing millions of Americans announced their strong support for the Billionaires Income Tax (BIT), introduced by Senator Ron Wyden (D-OR), Rep. Donald Beyer (D-VA), and Rep. Steve Cohen (D-TN). The legislation would finally ensure the wealthiest Americans pay their fair share in taxes—just like working families who contribute out […]

Proponents of the “One Big Beautiful Bill” (HR 1), including all four of West Virginia’s members of Congress, have repeatedly touted the tax provisions of the legislation as benefiting most or all West Virginia families. The WVCBP has already covered in detail how the SNAP and Medicaid provisions of HR 1 are particularly harmful for West Virginians […]

Among the many factors fueling support for right-wing populism in the United States is federal tax policies. The nation’s tax system confuses, frustrates, and angers many citizens in ways that leave them vulnerable to populist appeals from the right. A mismatch between how the federal tax system works in theory and how it works in […]

All children in New Jersey deserve the freedom to grow up safe, healthy, and free from poverty.

An analysis by the Institute on Taxation and Economic Policy found that this new private school voucher program could cost $56 billion per year—more than all current federal K-12 spending combined.

The Telegraph: Trump has Turned America’s Taxman into a Weapon against Migrants

September 9, 2025

The US president appears to be trying to turn the IRS into a new weapon as he presses ahead with his promise to deliver “the single largest mass deportation programme in history”. 

Houston Chronicle: Texas Oil Companies Forecast Billions in Tax Breaks from Trump’s ‘Big Beautiful Bill’

September 9, 2025

The Houston oil-company Occidental Petroleum reported last month it was expecting a large tax break from President Donald Trump's tax and spending cut package known as the One Big Beautiful Bill — to the tune of $700 to $800 million over the next two years.

Quartz: The $40,000 SALT Goldmine Only the Wealthy Will Actually Get

September 8, 2025

Despite all the political fanfare about helping homeowners, the most hyped tax break in decades is actually a mirage that doesn’t help the vast majority of Americans. Instead, experts say it’s a gift to high-income earners in high-tax blue states.

An analysis by the Institute on Taxation and Economic Policy found that this new private school voucher program could cost $56 billion per year—more than all current federal K-12 spending combined.

Rebuilding worker power by strengthening unions is not just good policy—it is a democratic imperative in the face of authoritarian backsliding.

AP News: Georgia Republicans, Against Backdrop of 2026 Election, Push to Eliminate State Income Tax

August 20, 2025

As the 2026 election looms, Georgia Republicans seeking higher office met Tuesday to begin exploring plans to eliminate the state’s personal income tax.

Barron’s: Social Security Is 90 Years Old. Trump Just Weighed In.

August 15, 2025

President Donald Trump marked Social Security’s 90th birthday on Thursday afternoon, celebrating his administration’s commitment to the program even as it remains in dire need of a fix.

Nonprofit Quarterly: Class Not Dismissed: Mamdani, Nonprofits, and the Fight for Economic Justice

August 14, 2025

In New York City, we can point to the boldface success of Zohran Mamdani as an example. Recently nominated as the Democratic mayoral candidate, his affordability push focuses on creating better options for the working and middle class, such as a network of city-owned grocery stores that reduce the cost of food and affordable housing—all of which led to his big success with the city’s voters. Whatever one makes of his candidacy, it would seem that “the economy, stupid” is still voters’ most pressing concern.

Wall Street Journal: Blue States Hunt for Ways to Wring More Taxes From the Wealthy

August 14, 2025

A growing number of blue cities and states across the country, from Washington state to Rhode Island, are looking at ways to wring more revenue from their richest taxpayers.

CT Mirror: Sales Tax Holidays Under Fire as CT Launches Its Promotion

August 13, 2025

Progressive organizations note that relatively brief exemption periods, usually limited to a week or even just a weekend, deliver extremely modest relief to consumers, often helping poor households the least.

The Sacramento Bee: Why California’s Wealthiest Tax Payers Could Get Less of a Trump Tax Break

August 12, 2025

The rich will get richer from President Donald Trump’s Big Beautiful Bill’s tax provisions – but California’s millionaires won’t get as much of a benefit as their counterparts in most other states.

The Guardian: IRS Commissioner’s Removal Reportedly Over Clash on Undocumented Immigrant Data

August 11, 2025

The removal of the Internal Revenue Service commissioner Billy Long after just two months in the post came after the federal tax collection agency said it could not release some information on taxpayers suspected of being in the US illegally, it was reported on Saturday.

CNBC: These States Have Sales Tax Holidays in 2025. Here’s Who Stands to Benefit, Tax Experts Say

August 11, 2025

Every year, a handful of states offer shoppers a temporary tax break to encourage spending. This year, some of those “sales tax holidays” are happening as President Donald Trump’s tariffs threaten to hike prices.

Recently-signed federal legislation will cut taxes for the wealthy. The Institute on Taxation and Economic Policy (ITEP) analysis of the Senate Reconciliation Bill—promoted as the One Big Beautiful Bill Act—has found that its tax provisions overwhelmingly benefit the wealthiest Americans, while offering less relief to working families.

The new federal reconciliation law, signed on July 4, 2025, makes significant changes to programs that will impact Granite Staters. These changes include direct interactions with individuals and families, including reducing taxes for most residents, particularly those with higher incomes, and limiting access to both health services and food assistance. The new law also impacts the financial outlooks for both the State and federal governments, which may affect subsequent policy choices and services.

Communities across California are feeling the effects of immigration raids and mass deportation efforts, both in the fabric of their communities as well as their economies. Actions and threats against employees, jobs, and neighbors will have a profound impact on our state and nation in both the short and long term. Here, we delve deeper into one aspect of why by discussing the impact immigrants have on our economy.

The 10th annual DACA survey illustrates the positive contributions that DACA recipients have made to America and reveals the significant, widespread disruptions that would result from ending DACA, highlighting more than ever the need for congressional action to provide pathways to citizenship for recipients.

Trump’s Big Ugly Megabill is a budget dream come true for billionaires and corporate lobbyists and a nightmare for states. The nearly 900-page bill poses brutal consequences, especially for working class people.

On July 4th, the President signed into law the One Big Beautiful Bill Act (OBBB), a nearly 1,000-page bill that changes federal spending levels by stripping tens of millions of our most vulnerable neighbors of their health care and nutrition.