Institute on Taxation and Economic Policy (ITEP)

Citations

ITEP's Citations Research Priorities

Wall Street Journal: Trump’s Tax Cuts are Exposing Companies to Biden’s Tax Hike

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.

Idaho Center for Fiscal Policy: Conforming With Recent Federal Tax Changes Will Result in Over $284.4 Million in Annual Revenue Loss in Idaho

To prioritize Idaho businesses and protect revenue for public services, the Center recommends remaining decoupled from (1) bonus depreciation, and decoupling from (2) qualified production property deduction, (3) research and experimentation (R&E) cost recovery, (4) relaxed interest deductibility cap, and (5) deduction of foreign derived intangible income. Read more.

USA Today: Would Mamdani’s ‘Millionaire Tax’ Chase the Rich out of New York City?

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.

Spotlight on Poverty and Opportunity: Cities Could Slash Child Poverty With Tax Credits, Analysis Finds

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.

Wall Street Journal: The Economics Behind Zohran Mamdani’s Biggest Plans

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 […]

Oxfam: UNEQUAL: The Rise of a New American Oligarchy and the Agenda We Need

This past year has been indelibly shaped by concentrated wealth and power. The 10 richest U.S. billionaires got $698 billion wealthier, and the arrival of the world’s first trillionaire grew more imminent. The Trump administration—largely with the support of the Republican-controlled Congress—has moved with staggering speed and scale to carry out a relentless attack on […]

Virginia Public Radio: What a “Wealth Proceeds Tax” Could Look Like in Virginia

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.

The Nation: Texas Republicans Are Doubling Down on Banning Capital Gains Taxes

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.

Business Insider: Baby Boomers’ Property Tax Revolt

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.

Americans for Tax Fairness: For Many Families, Trump-GOP Healthcare Premium Hikes Wipe Out Potential Tax Cuts

An analysis conducted by Americans of Tax Fairness, based on data from the Institute on Taxation & Economic Policy and Center on Budget Policy Priorities, finds that for the tens of millions of families the small benefit of the Trump tax cut would be stolen away through increased health insurance costs. Read more.

The Beacon: Missouri Gives ‘One of the Biggest Millionaire Tax Cuts’ This Year, Report Says

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.

FACT Coalition: New Report Reveals U.S. Oil and Gas Companies Pay More Tax to Petrostates Than to the U.S. Government

Analyzing disclosures from 11 publicly traded U.S. oil and gas companies between 2018 and 2024, the report shows that, despite collectively producing more oil and gas domestically than in all other countries combined, American multinational oil and gas companies only reported owing less than a fifth of their overall taxes in the U.S. Read more.

Bloomberg: Private Jets and Car Washes are the Latest Tax Shields for the Ultrarich

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 […]

Stateline: Cities Could Dramatically Cut Childhood Poverty with New Tax Credits, Research Finds

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.

Maine Center for Economic Policy: Missed Opportunities to Advance Tax Fairness and Create a Better State

The State doesn’t have adequate funding for health care, housing, and many other pressing needs. The fairest way to fix this is by asking the wealthiest people and big businesses to pay more in income taxes. Read more.

America’s Voice: Just Listen To The Experts: You Can’t Have Economic Growth Without Immigrants

Ignore the ugly rhetoric and just look at the facts: immigration is not only good for our country, it’s necessary to our economic growth and vital to essential industries. Part of that reason is because as U.S.-born workers get older and retire, making immigrant workers even more critical in helping maintain a strong labor force […]

Dogwood: Virginia Republican to Get Big Tax Cut from Bill He Helped Pass

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.

Audio: ITEP’s Spandan Marasini on Corporate Tax Avoidance and What To Do About It

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.

Los Angeles Times: Corporate Tax Breaks Are Exploding the Federal Deficit, but Who Gets the Benefits?

October 15, 2025

The question is who stands to gain most from the tax policymaking in Washington — corporations, their shareholders and their executives, most of whom don’t have to worry about whether cutting off Obamacare subsidies will leave them unable to afford healthcare, or the millions of Americans for whom the subsidies can often spell the difference […]

The New Republic: The House Republicans Getting Rich Off Trump’s Big Beautiful Bill

October 14, 2025

Why is it taboo for Congress to give itself a tiny raise but fine for it to give itself a huge tax cut? Read more.

JAMA Research Letter: Emergency Medicaid Spending for Undocumented Immigrants in the US

Proponents of the Budget Reconciliation Law of 2025 state that its trillion-dollar cuts to Medicaid will only affect care for groups whom they argue should not be receiving it, such as undocumented immigrants. Federal law, however, already prohibits undocumented immigrants from qualifying for comprehensive Medicaid, Medicare, and Marketplace options under the Affordable Care Act (ACA). […]

Newsweek: White House Press Secretary Sparks Debate Over Immigrant Health Care Costs

October 9, 2025

Data from the Institute on Taxation and Economic Policy shows undocumented immigrants paid over $96 billion in U.S. taxes in 2022—far exceeding the cost of emergency care they receive. Analysts say the broader health care debate should focus on policy changes that could raise costs for millions of insured Americans. Read more. (To find this […]

Florida Policy Institute: Challenges Ahead: What Census Data Reveals about the Wealth Gap and Uninsured Rate as Florida Braces for H.R. 1

The Census Bureau’s data provides a baseline for understanding the realities Floridians face. These reports show that while taxes and transfers play a measurable role in reducing inequality and limiting hardship, gains remain uneven — particularly for children. The passage of H.R. 1 threatens to widen these gaps by locking in benefits for the wealthiest […]

Testimony: ITEP’s Eli Byerly-Duke Discusses Oklahoma’s Child Tax Credit in Senate Revenue and Taxation Committee Hearing

On September 30, 2025, ITEP Policy Analyst Eli Byerly-Duke appeared before Oklahoma’s Senate Revenue and Taxation Committee to discuss potential improvements to the state’s Child Tax Credit. Check out his slide deck here. Read a press release about the hearing here.

Axios Detroit: Experts Offer Insight on Tackling Local Poverty

October 7, 2025

Poverty is a critical and complex issue here. While it’s crucial to draw on longtime local experts, it can also be worthwhile to cast a wider net and see what has worked elsewhere. Read more.