Institute on Taxation and Economic Policy (ITEP)

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St. Louis Magazine: How St. Louis County’s Senior Tax Freeze Takes from the Young to Give to the Old

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 […]

Christian Science Monitor: More Red States Eye the No-Income-Tax Model. Will It Work?

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.

New York Times: Opinion | The Donald Trump 1 Percent Fan Club

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.

New York Times: In Washington State, Democrats Consider Breaking a Taboo: Taxing the Rich

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 […]

Audio: ITEP’s Kamolika Das on the Need for States to Raise Revenue in the Wake of 2025 Trump Tax Law

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. […]

Video: You Are Paying More in Taxes Than Palantir

February 19, 2026

Palantir paid $0 federal income tax on  $1.5 billion of U.S. income.

Business Insider: Mamdani Says if the State Won’t Tax the Wealthiest New Yorkers, He’d Have To Tax the Middle Class as a ‘Last Resort’

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.

KCUR: Eliminating Missouri’s Income Tax Could Actually Cost You More — Unless You’re Rich

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.

Thomson Reuters: OBBB Put Pressure on States to Raise Revenues, Analysts Say

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 […]

The Hill: Want ‘Affordability?’ Start by Retooling Your State’s Regressive Tax System.

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. 

Education Week: How Do Schools Solve a Problem Like Property Taxes?

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.

Quartz: Big Tech’s Big Trump Tax Win

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.

Video: Four Big Tech Companies Avoided $51 Billion in Taxes.

February 12, 2026

Amazon, Alphabet, Meta, and Tesla collectively made $315 billion in U.S. profits for 2025 and paid just 4.9% in federal income taxes, avoiding $51 billion in taxes.

New York Times: States Say No Thanks to Trump Tax Cuts, Drawing Republican Fire

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.” […]

Yahoo Finance: Amazon, Meta, and Alphabet Report Plunging Tax Bills Thanks to AI Investment and New Rules in Washington

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.

KOTA Territory News: Assessing SD Gubernatorial Candidates’ Property Tax Proposals

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.

WFMJ: DeWine: No Property Taxes Could Mean 20% Sales Tax

February 11, 2026

If Ohio’s property taxes are eliminated, Gov. Mike DeWine says sales tax in the state could spike dramatically. Read more. 

Newsweek: Florida Property Tax Update as Ron DeSantis’s Threat Looms Over Lawmakers

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. 

Newsweek: Major Tax Disruption Faces Over 300,000 Taxpayers—’Sabotage’

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.

Associated Press: Trump’s $10 Billion Lawsuit Against the IRS Raises Conflict of Interest Concerns

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.

Video: You Are Paying More in Taxes than Tesla

February 2, 2026

Tesla paid $0 federal income tax on $5.7 billion of U.S income in 2025.

The American Prospect: Tesla’s Wile E. Coyote Moment Is Here

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.

Wall Street Journal: Companies Reveal Big Mystery: Where They Pay Taxes and How Much

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.

Washington Post: How to Claim Tax Breaks on Overtime, Tips, and More This Filing Season

January 27, 2026

Many taxpayers stand to collect larger refunds this year from the IRS, whether they itemize or not. Read more.

CNBC: Social Security Benefits Are Still Taxed in Some States. Why There’s a Push to Change That.

January 27, 2026

There’s a push to end taxes on Social Security benefits to help retirees keep more money in their pockets. 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].