
March 5, 2026
Rita Jefferson, local analyst at the Institute on Taxation and Economic Policy, said this approach fails to get at the root problem. She said generally, property tax growth caps are done on a state-wide level, rather than county by county, and she called the 0% tax cap “extremely unusual.” Read more.
March 4, 2026
Matthew Gardner, a senior fellow at the Institute on Taxation and Economic Policy, said, “No one’s been able to find any econometric evidence showing conclusively that these rules actually encourage economic growth at all. If anything, the most obvious takeaway is that these tax breaks are simply rewarding companies for doing what they were going […]
February 26, 2026
“This idea that we can use tariffs to pay for everything is just nonsense. It’s a fantasy,” Steve Wamhoff, federal policy director for the nonprofit Institute on Taxation and Economic Policy, told Barron’s. “Replacing any substantial portion of the federal personal income tax with tariffs is not a proposal to be taken seriously.” Read more.
February 26, 2026
Shoppers will have to wait for companies to get their refunds before any potential reimbursements might trickle down to them. And that could take a while. Read more.
February 24, 2026
The year-old senior tax freeze in St. Louis County, which allows seniors to lock in a portion of their property tax bills as property values appreciate, has already poked holes in school district budgets in its first year. Districts in the county expect losses to mount as property values rise, with the highest impact likely […]
February 24, 2026
So far, Republicans in the House and Senate have vowed to work together to lower tax burdens for Georgians. But questions about how and where to shift the burden of funding the commonweal without an income tax remain unanswered. Read more.
February 24, 2026
President Trump is distributing executive patronage — from pardons to favorable regulatory decisions — to privileged groups, including those willing to contribute to his preferred committees and causes and those who invest in the Trump family’s crypto businesses. Read more.
February 23, 2026
Washington is one of just nine states that does not tax income. Last week, the State Senate approved what supporters and opponents alike call the “millionaires tax,” a proposed 9.9 percent annual tax on personal earnings over $1 million, enough to bring in $3.7 billion a year. Members of the state House must now decide […]
February 19, 2026
Kamolika Das talks about a current nationwide effort to raise revenue in states to replace billions of dollars in vital local and state funding for social safety net programs that were lost in last year’s Trump-GOP budget mega-bill that dramatically cut social programs while giving away huge tax cuts for profitable corporations and the rich. […]
February 19, 2026
Without Albany’s willingness to hike income or corporate taxes, Mamdani is signaling he will need to turn to other measures to fund his budget. He’s floating increasing property taxes for the city’s residents. Read more.
February 19, 2026
If the state’s income tax is eliminated, experts anticipate that Missouri’s already regressive tax system would become more so. Households with a yearly income of $65,000 would see a $500 tax increase each year, while households in the top 1% would see an average tax cut of nearly $40,000. Read more.
February 19, 2026
Policy experts warned that the One Big Beautiful Bill (OBBB) is creating a fiscal crisis for states, forcing them to choose between cutting essential services or raising their own taxes. Aidan Davis, state policy director at the Institute on Taxation and Economic Policy, said lawmakers have an opportunity to reverse course and align public policy […]
February 19, 2026
The White House plan “would represent the single largest legislated transfer of wealth from the working class to the rich in the nation’s history,” according to the Institute on Taxation and Economic Policy. “Working-class families would face dramatic tax increases while the nation’s wealthiest families would see their state tax bills plummet.” Read more.
February 19, 2026
As tax season dawns, backlash to a nationwide surge in property-tax bills is spurring states to double down on proposals to diminish one of the main revenue sources for school districts. At least 10 states are pitching the end of one of schools’ chief revenue sources. Read more.
February 19, 2026
Republicans in Congress delivered on one important item on corporate America’s wishlist that allowed companies to pay lower taxes to Uncle Sam: their ability to immediately deduct new domestic research and development spending from their tax bills instead of spreading them out over years. Read more.
February 12, 2026
“This is a traditional, core area of state authority,” said Carl Davis. “There are zero states that fully adopt the federal tax rules in their own codes. When state lawmakers are doing their job well, they sit down and give each item careful consideration about whether it makes sense in their own code or not.” […]
February 11, 2026
The build-out of artificial intelligence data centers along with business-friendly provisions in President Trump’s “One Big Beautiful Bill” are combining to make 2025 a banner tax year for Big Tech. Read more.
February 11, 2026
As the legislative session continues and the opportunity to pass reform dissipates, lawmakers will need to conduct a delicate balancing act to ensure they do not solve one conundrum by creating a potentially bigger one. Read more.
February 11, 2026
If Ohio’s property taxes are eliminated, Gov. Mike DeWine says sales tax in the state could spike dramatically. Read more.
February 11, 2026
Several competing proposals to offer Florida homeowners property tax relief have been pushed forward over the last few months, to the dismay of Governor Ron DeSantis, who advocated for one, simple solution—abolishing property taxes. Read more.
February 4, 2026
Workers in Washington, D.C., many of whom have federal roles, could be set to experience major disruption over their tax returns this year, as Congress seems likely to pass a joint resolution that would override the district’s tax law—n the middle of the tax season. Read more.
February 3, 2026
Legal experts say President Donald Trump’s $10 billion lawsuit against the IRS over the leak of his tax information raises a plethora of legal and ethical questions, including the propriety of the leader of the executive branch pursuing scorched-earth litigation against the very government he is in charge of. Read more.
February 2, 2026
According to a report from the Institute on Taxation and Economic Policy, the company has paid precisely zero federal taxes on its earnings in both 2025 and 2024, so the company is certainly being helped along by federal forbearance. But things are getting dire. Read more.
January 28, 2026
Netflix and Intel are some of the first to comply with a new accounting rule that requires more details about corporate tax payments. Read more.
January 27, 2026
Many taxpayers stand to collect larger refunds this year from the IRS, whether they itemize or not. Read more.
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].