
December 12, 2025
“We are giving companies an awful lot of money to do something they were going to do anyway; that’s the issue with most tax incentives,” said Matt Gardner. Read more.
December 11, 2025
Gov. Greg Abbott wants to put a tighter lid on how fast property values can rise in a bid to deliver property tax relief to homeowners and businesses — but tax policy experts across the political spectrum warn the proposal wouldn’t address the root causes of higher tax bills and would backfire with severe consequences. […]
December 10, 2025
President Donald Trump’s so-called One Big Beautiful Bill Act will shift billions in costs for SNAP and Medicaid to states. But with 26 having cut or eliminated state income taxes just since 2021, they may not have the money to continue the programs. Read more.
December 10, 2025
Some critics questioned the structure of the tax cuts from the beginning, citing analysis by the Institute on Taxation and Economic Policy that concluded nearly half of the savings from the income tax cuts would go to the top the top 20% of earners, meaning people who earn more than $147,000 annually. It now appears Green may be taking […]
December 4, 2025
He fought against Obamacare for years, and his “One Big Beautiful Bill” act is expected to cut more than $1 trillion from health care and food stamps. That’s why his support for extending the enhanced subsidies has surprised some political observers. Read more.
December 4, 2025
Tariff revenue doesn’t even come close to where it would need to be if federal income taxes were eliminated, and experts say such a plan isn’t at all feasible. Read more.
December 3, 2025
The Institute on Taxation and Economic Policy (ITEP) said that eliminating a state’s income tax, anywhere, benefits wealthy people over lower-income residents. Read more.
December 3, 2025
The Sunshine State has the most “regressive” tax structure of all 50 states, according to a recent study by a national tax analysis organization. That means the wealthy pay a lower percentage of their income in taxes while the poor and middle class pay more. Read more.
December 2, 2025
Corporations are expected to claim $16 billion in new tax breaks this year for purchases they had already made and put into use before the July passage of the Republican tax law. Read more.
November 21, 2025
The U.S. Treasury Department said Thursday it plans to reclassify certain refundable tax credits as “federal public benefits,” which will bar some immigrant taxpayers from receiving them, even if they file and pay taxes and would otherwise qualify. Read more.
November 18, 2025
Those tempted by the allure of ditching that significant state tax bill every April 15 should insist their political representatives adhere to Kehoe’s own stated criterion for such a change: that the resulting tax policies “will make sense to everybody.” It’s difficult to see how this proposal would make sense for any but the state’s […]
November 12, 2025
An ITEP study of the 296 most consistently profitable companies in the S&P 500 and Fortune 500 found that between 2013 and 2021 these companies’ profits grew by 44 percent even as their tax bills fell by nearly half. Read more.
November 10, 2025
Mamdani’s ideas are very popular and would solve basic problems. Democrats now hold large majorities in the legislature, and some see economic and political pathways to making the proposals reality. Read more.
November 10, 2025
Large companies are running into a problem as they try to claim some of the tax cuts that the Republican Congress passed this summer: They can’t escape the corporate tax increase that Democrats passed three years ago. Read more.
November 6, 2025
Higher taxes don’t generally prompt wealthy people to move, said Kamolika Das, local policy director at the Institute on Taxation and Economic Policy… Read more.
November 6, 2025
A new report by the Center on Poverty and Social Policy at Columbia University and the Institute on Taxation and Economic Policy (ITEP) uses data from 14 cities to show how local Child Tax Credits could augment federal and state efforts to reduce child poverty by as much as 50 percent. Read more.
November 5, 2025
Zohran Mamdani coasted to victory in the New York City mayoral race with a platform focused on making the city more affordable. He has promised ambitious social programs like universal child care and more affordable housing, with plans to fund his agenda primarily through higher taxes on businesses and on New York City’s highest earners. Read […]
November 3, 2025
Tax the rich. That’s the idea behind the wealth proceeds tax, which would hit things like dividends, interest and capital gains. A new report from the Institute on Taxation and Economic Policy says a three percent wealth proceeds tax in Virginia would generate about a billion dollars of new revenue. Read more.
October 31, 2025
If passed, the constitutional amendment would lock out a potential source of future state funding and disproportionately benefit wealthy households. Read more.
October 30, 2025
“We really do have to deal with the affordability problem of housing in this country at a very basic level in order to get a handle on property taxes. But the way to do that is not to cut property taxes,” [Rita] Jefferson says. Read more.
October 28, 2025
This year, Missouri became the first state in the country to tax income but not capital gains. That could present a challenge as the state prepares to face a budget shortfall. Read more.
October 27, 2025
President Donald Trump’s signature legislation permanently expands a perk, called bonus depreciation, to 100%, meaning taxpayers can take losses to write off as much as the entire value of qualifying assets from their income… in the hands of tax specialists, the benefit also is a way to scale back what their ultrawealthy clients owe to […]
October 27, 2025
Child tax credits are becoming more popular across the country, with more than a dozen states offering them as financial relief toward the cost of raising kids. But new research suggests cities could significantly reduce child poverty by offering child tax credit programs of their own. Read more.
October 16, 2025
Republican US Rep. Rob Wittman of Virginia’s 1st congressional district could save between $19,900 and $59,300 in tax breaks because of President Donald Trump’s “Big Beautiful Bill,” according to an analysis by the nonprofit Institute on Taxation and Economic Policy (ITEP) done for Accountable.US. Read more.
October 16, 2025
ITEP Data Analyst Spandan Marasini appeared on the Oregon Center for Public Policy’s “Policy for the People” podcast, discussing how corporations hide their profits and insights on what can be done to stop it. Listen here.
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].