Institute on Taxation and Economic Policy (ITEP)

ITEP Work in Action

Sen. Warren Probes Meta, Microsoft, Target, Companies on Mass Layoffs Despite Strong Financials and Trump Tax Handouts

March 16, 2026

The senator cited ITEP research in her letter to these major corporations. Read more.

ITEP Data Cited in The Working Americans’ Tax Cut

March 16, 2026

The bill exempts income up to the cost of living from federal taxes and asks millionaires to make up the difference. Read more.

Maine Center for Economic Policy: 6 Ways President Trump Is Shaping Maine’s Economy in His First Year

March 16, 2026

President Trump has generally pursued a set of policies that weaken the economies of the United States and Maine. The President’s second year shows no signs of reversing course, and a potential oil supply shock could drive prices even higher. Read more.

Testimony: ITEP’s Marco Guzman Outlines Positive Tax Reform Proposals for Colorado Lawmakers

March 10, 2026

This testimony was delivered to the Colorado House Finance Committee on March 9, 2026. You can watch video of the testimony here (Marco starts around the 6:12:40 PM mark). My name is Marco Guzman, and I am a Senior Analyst at the Institute on Taxation and Economic Policy (ITEP). ITEP is a non-profit, non-partisan tax […]

Testimony: ITEP’s Brakeyshia Samms on Why Evanston Should Adopt a Property Tax Circuit Breaker

March 9, 2026

Members of the City Council,  Thank you for the opportunity to testify today about property tax circuit breakers. My name is Brakeyshia Samms, and I am a senior analyst with the Institute on Taxation and Economic Policy, a nonprofit and nonpartisan research organization that focuses on local, state, and federal tax policy issues with an emphasis on revenue sustainability and […]

Oregon Center for Public Policy: Tax Cuts for the Rich, Higher Taxes for Everyone Else: The Net Effect of Trump’s Tax Policies

March 5, 2026

ITEP analyzed the combined impact of the Trump administration’s three biggest changes in tax policy so far. The net effect of these policies is tax cuts for the rich and higher taxes for everyone else. Read more.

California Budget & Policy Center: 5 Facts To Know About Corporate Taxes in California

March 5, 2026

Several large corporations pay next to nothing in corporate taxes in California, largely due to overly generous state tax breaks. Reforming the state’s corporate tax system is a necessary step to support the health and well-being of Californians and strengthen economic security for all. Read more.

ITEP Data Cited in New York Corporate Tax Bill

March 4, 2026

The bill authorizes a city business tax surcharge of twenty-five percent on the tax liability imposed on any business subject to tax as a corporation Read more.

Testimony: ITEP’s Miles Trinidad Urges Maryland Lawmakers to Decouple from Tax Breaks for Opportunity Zones and FDEII

March 3, 2026

Chair, Vice Chair, and Members of the Committee,  Thank you for the opportunity to submit testimony in support of House Bill 1080, which would decouple the state from federal tax breaks for Opportunity Zones (OZs) and Foreign-Derived Deduction Eligible Income (FDEII). My name is Miles Trinidad, and I am a state analyst with the Institute on Taxation and Economic Policy (ITEP), […]

Testimony: ITEP’s Miles Trinidad Urges Maryland Lawmakers to Decouple from Expanded 529 Education Savings Plans and Not Opt-In to New Private School Voucher Program

March 3, 2026

This testimony was delivered to the Maryland House Ways and Means Committee on February 26, 2026 Chair, Vice Chair, and Members of the Committee,  Thank you for the opportunity to submit testimony in support of House Bill 930, which would decouple Maryland’s tax code from recent federal expansions of 529 education savings plans as they related to private K-12 tuition, and would ensure […]

Testimony: ITEP’s Miles Trinidad Urges Maryland Lawmakers to Decouple from Increased SALT Cap

March 3, 2026

This testimony was delivered to the Maryland House Ways and Means Committee on February 26, 2026 Chair, Vice Chair, and Members of the Committee,  Thank you for the opportunity to submit testimony in support of House Bill 926, which would decouple Maryland from recent federal increases to the cap on state and local tax (SALT) deductions. My name is Miles Trinidad, […]

Testimony: ITEP’s Miles Trinidad Urges Maryland Lawmakers to Decouple from Bonus Depreciation and Business Interest Deductions

March 3, 2026

This testimony was delivered to the Maryland House Ways and Means Committee on February 26, 2026 Chair, Vice Chair, and Members of the Committee,  Thank you for the opportunity to submit testimony in support of House Bill 880, which would decouple Maryland from federal corporate tax changes on the expanded bonus depreciation and business interest deductions. My name is […]

Patriotic Millionaires: Trump Gives the Economy a “W.” We Give It a “K.”

February 28, 2026

According to President Trump, the state of America’s union is STRONG, the Golden Age is upon us, and “we’re winning so much that we really don’t know what to do about it.” All true…for multimillionaires like us. For the 86% of Americans who are worried about the price of groceries? Not so much. Read more.

Testimony: ITEP’s Miles Trinidad on the Need for Vermont to Adopt a Wealth Proceeds Tax

February 28, 2026

ITEP Policy Analyst Miles Trinidad testified on the need for a Wealth Proceeds Tax in Vermont on February 27, 2026 at the Vermont Senate Committee on Finance.  See the slide deck here Watch the video below:

Center on Budget and Policy Priorities: Sound State Revenue Choices Essential to Counteract Harmful Policies and Build Forward

February 28, 2026

State and local policymakers nationwide are facing a one-two punch entering 2026. For one, last summer’s harmful Republican megabill paired enormous tax breaks for wealthy households and corporations with historically deep cuts that will take away people’s vital health care and food assistance, all while foisting considerable new costs and responsibilities onto states and localities. […]

Testimony: ITEP’s Miles Trinidad on Decoupling from the QSBS Exclusion Before the Maryland House Ways and Means Committee

February 27, 2026

This testimony was delivered to the Maryland House Ways and Means Committee on February 26, 2026. Chair, Vice-Chair, and Members of the Committee, Thank you for the opportunity to provide testimony in support of House Bill 801. My name is Miles Trinidad, and I am an analyst at the Institute on Taxation and Economic Policy […]

Testimony: ITEP’s Marco Guzman Details a Package of Tax Bills for the Connecticut General Assembly Finance Committee

February 27, 2026

This testimony was delivered to the Connecticut General Assembly Finance Committee on February 26, 2026. My name is Marco Guzman, and I am a Senior Analyst at the Institute on Taxation and Economic Policy (ITEP). ITEP is a non-profit, non-partisan tax policy organization, conducting rigorous analyses of tax and economic proposals and providing data-driven recommendations […]

D.C Fiscal Policy Institute: DC Can Raise $121 Million or More with a Simple Tax on Proceeds from Wealth

February 24, 2026

DC can raise needed revenue and address tax inequity by taxing more of the gains, or proceeds, generated by wealth—such as capital gains, dividends, and other forms of passive income. DC’s tax system protects and grows wealth concentration through myriad preferences and loopholes, exacerbating racial and economic inequality. This special treatment also prevents the District […]

Governor Newsom Launches New State Investment and Philanthropic Collaboration To Continue Supporting Families Under Federal Assault

February 23, 2026

Undocumented immigrants contributed $8.5 billion in state and local taxes in 2022 — a number that would rise to $10.3 billion if these taxpayers could apply to work lawfully. People are afraid to leave their homes, children are left without their parents, and families unable to afford groceries. Families are even foregoing critical medical care. […]

Video: ITEP’s Brakeyshia Samms Talks About Race and the Tax Code on Colorado Fiscal Institute Podcast

February 23, 2026

Senior Analyst at ITEP, Brakeyshia Samms, joins the “Exploring How Race, Money, and Power Collide in the Tax System” episode of Colorado Fiscal Institute’s podcast.

Policy Matters Ohio: The Great Ohio Tax Shift, 2026

February 20, 2026

ITEP’s analysis examines two categories of changes to the Ohio tax code: changes made to personal income taxes and changes made to other types of taxes. Read more.

Massachusetts Budget & Policy Center: Testimony Regarding an Act To Manage Federal Tax Changes in Massachusetts

February 19, 2026

The Massachusetts Budget and Policy Center (MassBudget) proposes that the state opts out the five most costly federal corporate tax cuts made in the One Big Beautiful Bill Act. Read more.

Economic Policy Institute: Everything You Need To Know About “No Tax on Overtime”

February 19, 2026

The Trump administration has trumpeted this policy as a substantial victory for workers—in reality, it is not. Most workers will not benefit from this policy whatsoever. Read more.

The Cascadia Advocate: Five More Claims Against the Million-Dollar Earners’ Tax That Don’t Check Out: Debunking Republicans’ Opposition to SB 6346

February 19, 2026

Republican legislators yesterday leveled a barrage of familiar arguments against the Senate Democratic majority’s proposal to create a million-dollar earners’ tax. While these charges have been made before, repetition does not make an argument true. Read more.

Mackinac Center: Lawmakers Should Reject Sales Tax Holidays

February 19, 2026

The Institute on Taxation and Economic Policy argues that tax holidays may slightly reduce the regressive nature of sales taxes but produce minimal overall benefit. Read more.

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.