
• By ITEP Staff
The president's war has jacked up energy prices, including gas and the diesel used to transport goods, and his White House appears not to care.
• By ITEP Staff
The ‘One Big Beautiful Bill’ is framed by its proponents as the largest middle-class tax cut in U.S. history and a catalyst for economic growth. Yet, beneath the marketing of ‘jobs, tax cuts, and American prosperity’, the legislation conceals sweeping rollbacks of Medicaid, food assistance, education, reproductive care, and expanded immigration enforcement, alongside tax windfalls for venture capital and immigration enforcement.
• By ITEP Staff
This report examines how recent policy changes in healthcare, food assistance, housing, and immigration are affecting families and communities, while also outlining what to expect in the coming year.
• By ITEP Staff
It’s back-to-school time again, and for many families it’s time to start planning shopping trips to stock up on supplies and new clothes for the coming year. For many states, this means hosting sales tax holidays to assist parents and students with these annual purchases. Sales tax holidays are limited windows of time during which […]
• By ITEP Staff
Several states filed a legal brief last week urging the courts to side with plaintiffs who have sued the Trump administration in an attempt to have the IRS-ICE data sharing agreement stuck down. The legal brief cites three ITEP reports (see pages 9-10 and 14). Read more
August 7, 2026
As Americans pay more at the pump, five of the top oil and gas companies have brought in $65.5 billion in profit so far this year—up 65 percent from this time last year.
• By ITEP Staff
The One Big Beautiful Bill Act (OBBBA) made major changes to public programs and the federal tax code. It included about $4.5 trillion in tax cuts, with most of the benefits going to higher-income households. To help pay for those tax cuts, the law also reduced funding for health care and food assistance and shifted some federal costs onto the states.
• By ITEP Staff
In fact, thanks to the legislation’s expansion of the state’s Working Families Tax Credit and elimination of sales taxes on several categories of items, 95% of Washington households will pay less in state taxes, according to an analysis by the Institute on Taxation and Economic Policy.
• By ITEP Staff
The QSBS exclusion allows investors who buy stock in a “qualified business” to write off as much as 100 percent of their capital gains when they sell that stock, in some cases delivering millions of dollars in tax breaks.
• By Matthew Gardner
U.S. Senator Chris Van Hollen and U.S. Representative Brittany Pettersen led their colleagues in reintroducing the Disclosure of Tax Havens and Offshoring Act, legislation to provide transparency around corporations’ use of tax havens and incentives to offshore jobs.
• By ITEP Staff
In early August, Missouri voters will decide one of the most consequential state tax policy questions in recent memory: whether to eliminate their state’s personal income tax.
• By ITEP Staff
Proposition 3 will appear on the November 2026 statewide ballot, asking California voters whether to make permanent the higher-income tax rates on the state’s highest earners.
• By ITEP Staff
Immigrants made up 29 percent of Napa County’s workforce as of 2019–23, with those working in the wine and hospitality industry generating an estimated $1.5 billion in county GDP.
• By ITEP Staff
According to the Institute on Taxation and Economic Policy, immigrants without documentation contributed $436.5 million in state and local taxes in Colorado in 2022.
• By ITEP Staff
“Congress often tinkers with the tax code from one year to the next, so state conformity debates happen all the time, says Carl Davis, research director at the Institute on Taxation and Economic Policy. “But they’re usually much more minor considerations.”
• By ITEP Staff
The Institute on Taxation and Economic Policy found the OBBBA “will increase taxes for most Americans, significantly expand income inequality, and add trillions to the national debt, while delivering substantial tax cuts to high-income households, corporations, and foreign investors.”
• By ITEP Staff
The recent explosion of artificial intelligence (AI) and the construction of data centers threatens to swallow the US economy and transform society.
• By ITEP Staff
Under H.R. 1, the federal tax package passed last year, the richest 1% of Arizonans are set to receive an average tax cut of nearly $80,000, according to the Institute on Taxation and Economic Policy. The lowest-income 20% of Arizonans will receive about $10. Read more.
• By ITEP Staff
The Institute on Taxation and Economic Policy (ITEP) found that at least 88 of the nation’s largest corporations paid zero federal corporate income tax in fiscal year 2025, despite reporting a combined $105 billion in US pretax income.
• By ITEP Staff
Since 2018, however, Idaho households have received $4.5 billion in state and federal income tax cuts—an amount that exceeds current state investments in health and education combined.
• By ITEP Staff
According to the Institute on Taxation and Economic Policy, “Millionaires are unlikely to move because of taxes. Instead, like most other people, millionaires primarily choose where to live based on community ties, schools, and jobs, and are not likely to uproot their lives based on a marginal tax difference.” Read more.
• By ITEP Staff
ITEP cited in a report that outlines wealth and income thresholds to policymakers, explaining why measuring both income and wealth is more difficult than might be expected. Read more.
• By ITEP Staff
ITEP cited in a review of Governor Kemp’s spending cut anskewed toward those already earning the highest incomes and away from meeting the needs of working and middle-income families. Read more.
• By ITEP Staff
Atlanta, Boston, Dallas, Denver, and Milwaukee all struggle with office vacancies and underperforming downtowns due to this rise in remote work. Even apart from remote work, cities are entering a new period of fiscal stress. They may need help from state and national leaders to thrive. Read more.
• By ITEP Staff
The already dire conditions for Black and brown residents and those with low incomes are likely to worsen this year and beyond as the combined harm of federal layoffs on DC’s economy and cuts to vital safety net programs like Temporary Assistance for Needy Families, the Supplemental Nutrition Assistance Program, and Medicaid take effect. Read […]
Advocates and policymakers at the state and federal levels rely on ITEP’s analytic capabilities to inform their debates on proposed tax policy changes. In any given year, ITEP fields requests for analyses of policies in 25 or more states. ITEP also works with national partners to provide analyses of federal tax policy proposals. This section highlights reports that use ITEP analyses to make a compelling case for progressive tax reforms.