With President-elect Donald Trump poised to declare a national emergency to clear the way for the mass deportation of undocumented migrants, Florida may face wholesale disruption in the coming year. Immigration experts say about 5% of Florida’s population – 1.1 million residents – are living here without legal permission. How far Trump goes will be critical in gauging deportation’s impact on communities, families, workplaces and the Florida economy.
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Members of the media rely on ITEP for analysis and insight about how tax policies affect people. If you’re a reporter looking to talk to one of our experts, contact Jon Whiten at [email protected].
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media mention November 20, 2024 USA Today: Trump Deportation Plan Could Target as Many as 1.1 Million People in Florida
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media mention November 20, 2024 Rolling Stone: Team Trump Wants the Poor to Suffer to Fund His Tax Cuts for The Rich
The proposals under discussion would likely increase inequality and hardship in America at a time when nearly 4 in 10 households are struggling to pay their bills. In this case, the cuts to America’s meager safety net would be used to finance an unusually direct transfer of wealth upward. A review of Trump’s 2024 campaign tax promises by the Institute on Taxation and Economic Policy found his proposals, taken together, “would, on average, lead to a tax cut for the richest 5 percent of Americans and a tax increase for all other income groups.”
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media mention November 19, 2024 Salon: “No Mistake on Who They’re Serving”: Republicans Eye Medicaid, SNAP Cuts to Pay for Trump Tax Plan.
President-elect Donald Trump and his advisers are eyeing major cuts to federal safety net programs like Medicaid and food stamps to balance the cost of their massive tax agenda, The Washington Post reported Monday.
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media mention November 15, 2024 Associated Press: Sweeping Tax Overhaul in Louisiana Hits Snag in Sales Tax Expansion
Louisiana lawmakers on Thursday postponed a vote on a key bill in Gov. Jeff Landry’s sweeping and complex tax reform package.
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media mention November 14, 2024 Mansion Global: Trump Said He’s Bringing SALT Back. Tax Experts Say It’s Not so Easy.
“Most of the changes in the 2017 tax law were things that benefit the rich,” said Steve Wamhoff with the Institute on Tax and Economic Policy. “The cap on SALT deductions was one of the few things that limited tax breaks for the rich. That’s not to say that everyone affected by the SALT cap is rich, but the vast majority of impact is going to be with the richest 1%.”
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media mention November 14, 2024 New Yorker: Republican Victory and the Ambience of Information
Why didn’t the speeches register? Why did people persist in thinking that Harris was short on policy; that Trump’s programs would boost the American economy, despite a widely broadcast consensus from sixteen Nobel Prize-winning economists to the contrary; or that he would lower taxes for working people, though the Institute on Taxation and Economic Policy calculated that he would increase them? Even many of Trump’s critics think his first term marked a high point for border patrol, though more unauthorized migrants have been forced to leave under Biden. (Why was Biden’s Presidency widely dismissed as desultory, when, in fact, as my colleague Nicholas Lemann recently put it, “he has passed more new domestic programs than any Democratic President since Lyndon Johnson—maybe even since Franklin Roosevelt”?) How did so many perceptions disprovable with ten seconds of Googling become fixed in the voting public’s mind? And why, even as misapprehensions were corrected, did those beliefs prevail?
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media mention November 14, 2024 The Guardian: How a Republican Trifecta Makes Way for Trump’s Rightwing Agenda
With the confirmation that Republicans have won a majority in the House of Representatives, Donald Trump and his party will now have a governing trifecta in Washington come January, giving the new president a powerful perch to enact his rightwing agenda.
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media mention November 12, 2024 Newsweek: Will the 2024 Election of Donald Trump Impact Social Security?
Social Security is a critical part of millions of Americans’ lives, providing a financial safety net for retirees, disabled individuals and survivors of deceased workers. For many retirees, Social Security benefits are… -
media mention November 10, 2024 NPR’s Marketplace: The Trump 2.0 Economy
Donald Trump won a second term as president this week, promising an end to the “inflation nightmare” through some potentially inflationary policies. Here’s what the economy could look like under Trump… -
media mention November 8, 2024 The Independent: Trump Says His Mass Deportation Plan Has ‘No Price Tag’ As He Prepares to Boot Millions from the Country
Trump’s militarized removals could cost billions while upending the economy and ripping families and communities apart. Read more. -
media mention November 7, 2024 Searchlight New Mexico: Donald Trump’s Victory Puts All Eyes Back on the Border
On October 31, Donald Trump landed in Albuquerque at a private aviation hangar, a location he chose for a rally in part because he owes the city half a million… -
media mention November 7, 2024 Washington State Standard: Washington’s Capital Gains Tax Survives Repeal Effort
An initiative to repeal Washington’s capital gains tax, which levies a 7% tax on the sale or exchange of long-term assets like stocks, bonds and business interests, was defeated Tuesday. Read… -
media mention November 7, 2024 Money: Donald Trump Is the President-Elect. Here’s What It Means for Your Wallet
Early this morning, the Associated Press declared Republican nominee Donald Trump the winner of the 2024 presidential election. And though nothing is certain, we do have a few clues as… -
media mention November 5, 2024 NerdWallet: What to Know About Harris and Trump’s Tariff Campaign Promises
It’s election week, and Vice President Kamala Harris and former President Donald Trump are making their last-ditch efforts to recruit voters. At the top of many Americans’ minds, of course, is the economy.
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media mention November 5, 2024 The Independent: Elon Musk Wants to Gut the Federal Government Under Trump. What Could That Look Like?
The wealthiest man on the planet is pumping tens of millions of dollars into Donald Trump’s campaign. He owns an influential social media company where he embraces right-wing influencers and conspiracy theories now dominating the platform. He has business interests with China and Russia’s Vladimir Putin’s regime while his companies receive billions of dollars in US government contracts.
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media mention November 4, 2024 New York Times: Trump’s Closing Argument: Lies, Distortions and Inaccuracies
Former President Donald J. Trump, in the closing days of the 2024 election, continues to be a font of exaggerations, misleading claims and outright lies.
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media mention November 2, 2024 Money: Trump vs. Harris: How Could Your Tax Bill Change Under Each Candidate?
Both Kamala Harris and Donald Trump have made a point of talking about taxes in the final days leading up to the presidential election. This is no accident: With more… -
media mention October 31, 2024 Business Insider: What a Trump or Harris Presidency Would Mean for Your Tax Bill
In the fourth installment of BI’s five-part series in the final stretch before the election, Business Insider is looking at the ways each candidate’s policies could affect how much you pay in taxes. (Read part one about investments, part two about costs, and part three about housing.)
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media mention October 24, 2024 New York Times: Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All
Former President Donald J. Trump has spent much of the presidential campaign brainstorming new, and sometimes untested, ways to cut taxes. In the election’s final stretch, he raised the possibility of going even further: eliminating income taxes entirely.
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media mention October 23, 2024 The Marshall Project: Fact-checking Over 12,000 of Donald Trump’s Statements About Immigration
The Marshall Project used text analysis to identify 13 major claims about immigration in over 350,000 of Trump’s public statements from Factba.se, some of which Trump has made 500 times or… -
media mention October 19, 2024 CNN: Trump’s Mass Deportation Plans Would Be Costly. Here’s Why
Former President Donald Trump vows he’ll kick millions of undocumented immigrants out of the US if he’s reelected. Read more. -
media mention October 18, 2024 New York Times: How Trump’s Radical Tariff Plan Could Wreck Our Economy
As a result, tariffs would raise the cost of living more for middle- and lower-income families than the average. An estimate by the Institute on Taxation and Economic Policy, which assumes a 20 percent tariff, finds that it would reduce the real income of families in the bottom fifth of earners by 5.7 percent, of middle-income families by 4.6 percent, but of the top 1 percent by only 1.4 percent. An analysis by the Peterson Institute for International Economics arrives at similar numbers. In other words, Trump’s 2.0 tariffs would in effect be a strongly regressive tax increase, imposing a serious burden on most families.
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media mention October 18, 2024 CBS News: Trump’s Plan to Deport Millions of Immigrants Would Cost Hundreds of Billions, CBS News Analysis Shows
Immigration researchers, lawyers, and economists have pointed to immense constitutional, humanitarian and economic problems posed by Trump’s oft-repeated pledge. But beyond the anticipated damage to immigrant families, communities and local economies, the roundup and deportation of some 11 million people is near impossible to bankroll, according to an analysis of U.S. budget and immigration court data by CBS News.
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media mention October 18, 2024 Variety: From Tariffs to Taxes to Tyranny, Hollywood Braces for the Possibility of a Donald Trump Victory
Abbasi’s experience says a lot about the anxiety gripping the entertainment world as it watches a tumultuous, enormously consequential election unfold. From corporate suites to studio lots, Hollywood is bracing for a possible Trump return, one that could bring chaos and deepen political divisions in a polarized country.
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media mention October 17, 2024 Audio: ITEP’s Amy Hanauer Talks Presidential Tax Plans on NerdWallet Podcast
Paycheck Politics: What Presidential Tax Plans May Mean for Your Wallet. Listen here.