Institute on Taxation and Economic Policy (ITEP)

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Bloomberg Tax: Weaker Minimum Book Tax Rules Save Meta, Qualcomm Billions

July 30, 2026

“It’s pretty clear these two things are potentially at odds,” said Matthew Gardner, senior fellow at the Institute on Taxation and Economic Policy. “The more Treasury tries to gut CAMT, the more the side-by-side agreement potentially falls apart.”

USA TODAY: States are relying more on sales taxes. Here’s why that matters

July 30, 2026

Over time, some states have slashed corporate and personal income taxes while also raising the sales tax rate. In 11 states, “all three of those things have happened,” said Sarah Austin, a senior analyst at ITEP and author of the report. 

CBS Missouri: What would eliminating income tax mean for Missourians?

July 30, 2026

"The state isn't going to raise any money, but that doesn't mean it's going to be net neutral for each person," Eli Byerly-Duke, a state policy analyst at the Institute on Taxation and Economic Policy, said.

Business Insider: States want to tax the rich less. They’re taxing your purchases more.

July 27, 2026

As many voters clamor for higher taxes on the ultrawealthy and corporations, many states have moved in the opposite direction: lowering taxes on high earners and raising them on everyday goods.

Barron’s: Back to School Spending Expected to Set Records as Shoppers Hunt for Bargains

July 27, 2026

Shoppers are especially focused on value and spacing out purchases as they shop for back to school this summer, but overall spending is still expected to reach record levels.

CBS News: The One Big Beautiful Bill Act is 1 year old. Here are the winners and losers.

July 13, 2026

"The top 1%, in fact, are in line to get $1 trillion in tax cuts from the law over a decade," Jon Whiten, deputy director of the nonpartisan Institute on Taxation and Economic Policy, or ITEP, told CBS News.

Yahoo News: Hawaii’s new ‘millionaire tax’ rivals top tax rate among other states

July 13, 2026

Nick Johnson, senior fellow at the Institute on Taxation and Economic Policy, another Washington, D.C.-based nonprofit and nonpartisan tax policy organization, told the Hawaii Tax Review Commission during a June 16 meeting that the state's personal income tax is "quite progressive" given its graduated rate structure and low-income tax credits.

Lexington Herald-Leader: How are gas prices set in KY? From oil to the pump, here’s what to know

July 9, 2026

In the South, rising costs averaged to about an additional $39.42 in monthly expenses on gas, according to data from the Institute on Taxation and Economic Policy.

Wall Street Journal: Coke Takes on IRS With $20 Billion at Stake

June 22, 2026

Coca-Cola is waging a high-stakes corporate battle with more than $20 billion at stake, and the opponent isn’t Pepsi or even Dr Pepper. It’s the Internal Revenue Service.

Reuters: Hawaii Considers Gasoline Tax Suspension as Pump Prices Soar

June 11, 2026

Hawaii Governor Josh Green said he is considering pausing the state's gasoline tax as ‌pump prices surge three months into the Iran war.

Time: Trump Demands Israel and Iran ‘Stop Shooting’ as World Leaders Urge Restraint Amid Renewed Hostilities

June 9, 2026

President Donald Trump said Israel and Iran “must immediately stop shooting” early Monday morning after the two countries launched a series of strikes at one another.

The Oklahoman: GOP Candidates Say Income Tax Cuts Would End Oklahoma’s Corporate Exodus

June 2, 2026

Several leading candidates in the GOP race for governor are calling to eliminate income taxes as a way to attract and retain businesses in Oklahoma.

NPR: Trump Wants a Gas Tax Holiday. There’s a Much Bigger Problem Looming.

May 29, 2026

President Trump has called for a temporary waiver of the federal gas tax, which costs drivers 18.4 cents per gallon.

The Atlantic: The Gas-Tax Reckoning

May 28, 2026

President Trump supports the gas tax holiday, claiming it will counter rising costs at the pump. Savings from the suspension would likely fail to offset high gas prices for consumers. Read more.

Associated Press: Memorial Day: Higher Fuel Prices Have Some Americans Scaling Back Their Travel Plans

May 22, 2026

That kind of calibration is shaping the summer travel season, which gets its traditional start in the U.S. with the long Memorial Day holiday weekend. Higher fuel prices resulting from the Iran war and other inflationary pressures are making most forms of travel costlier as people in many parts of the world form their plans.

USA Today: Jeff Bezos says these Americans should pay ‘zero’ federal taxes

May 21, 2026

His comments come at a moment when some cities and states are proposing higher taxes on the rich.

CNBC: Jeff Bezos Says Bottom Half of Earners Should Pay Zero in Income Taxes

May 21, 2026

Amazon Executive Chairman Jeff Bezos on Wednesday called for zero federal income taxes on the bottom half of earners.

The Independent: ‘Dirty Deal’: Trump Bailed Himself Out of IRS Trouble and Got a $1.8B ‘Slush Fund’ for Allies. Legal Experts Sound the Alarm

May 21, 2026

After Donald Trump sued his own administration for $10 billion, pitting his personal lawyers against the Department of Justice, the president was gifted a broad, single-page document that gives him sweeping immunity from tax crimes.

Time: Democrats Criticize Trump After He Dismisses Soaring Gas Prices As ‘Peanuts’

May 20, 2026

Affordability remains a central issue for Americans as prices at the pump and other everyday costs continue to rise. According to the Institute on Taxation and Economic Policy, Americans have paid over $39 billion more to oil companies since prices began rising after the war started. Read more.

Pluribus News: Taxing Big Tech’s Ad Revenue Gains Momentum in Statehouses

May 18, 2026

Utah joins the growing number of states interested in a digital advertising tax. Read more.

The Guardian: Republicans’ Plan for Zero State Income Tax Could Be ‘Devastating’, Experts Warn

May 18, 2026

A Missouri proposal to eliminate income tax and expand sales tax would result in depleted public funds and higher income inequality in the state. Read more.

The New York Times: What You Need to Know About the Federal Gas Tax

May 18, 2026

A gas tax suspension would cut federal revenue by $2.4 billion a month, and save families earning less than $53,000 a year about $5 a month, according to the Institute on Taxation and Economic Policy. Read more. 

Associated Press: What a US Gas Tax Suspension Could Mean for Drivers and the Prices They See at the Pump

May 18, 2026

The U.S. gas tax is the single biggest source of revenue for federal highway and public transit programs. A suspension is unlikely to offset high prices at the pump, but “you could very easily imagine some kind of combination of higher national debt and lower funding for roads and bridges and other transportation projects,” Carl […]

Chicago Sun Times: Stop Burdening Working Families; Tax Wealth and Corporate Profits Fairly

May 18, 2026

In Illinois, low-income households pay more than double the share of their income in state and local taxes compared to the wealthiest 1%, according to the Institute on Taxation and Economic Policy. To balance the scales and improve public revenue for important social services, the state can cut loose from Trump’s corporate tax giveaways and […]

CNN: DACA Recipients Are Losing Protections and Work Permits as Renewal Delays Surge

May 17, 2026

Marco, 26, graduated from one of the country’s top medical schools last week. He found his calling after witnessing his grandmother battle cancer, and he sometimes worked up to 40 to 60 hours a week to afford his education. That dream is now in jeopardy. Marco is one of the over 500,000 active recipients of […]

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].