
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. […]
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.
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.
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 […]
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.
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.
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.
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.” […]
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.
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.
February 11, 2026
If Ohio’s property taxes are eliminated, Gov. Mike DeWine says sales tax in the state could spike dramatically. Read more.
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.
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.
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.
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.
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.
January 27, 2026
Many taxpayers stand to collect larger refunds this year from the IRS, whether they itemize or not. Read more.
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.
January 20, 2026
This corroborates findings from other think tanks and institutes that have tracked corporate activity since the tariffs dropped. According to the Institute on Taxation and Economic Policy (ITEP), in disclosures at the end of 2025, “industry executives have publicly told investors they are protecting profits by passing the costs of tariffs on to consumers.” Read more.
January 14, 2026
The statewide specter of these unusual cuts marks one of the first tangible ripple effects for K-12 schools nationwide from the One Big Beautiful Bill Act, approved by Congress and signed into law by President Donald Trump last July. Read more.
January 12, 2026
A new year has unleashed a new round of debate on how much more money America’s super-rich should be paying in taxes. Read more.
January 8, 2026
Eliminating state income taxes sounds great to many voters, but Republicans backing the push in multiple states still face questions about whether such big tax cuts can be made without raising other taxes or sharply cutting state funding for education, health care and other services. Read more.
January 5, 2026
Property tax reform has been a hot topic across the country this year, especially in Republican-led states, as lawmakers and politicians try to offer relief to homeowners struggling with higher bills; and experts believe it will remain at the forefront in 2026—with many states continuing to push for the complete elimination of property taxes. Read […]
January 5, 2026
We should all hope we’d be in the financial position where we’d have to pay Gov. Bob Ferguson’s proposed “millionaires’ tax,” because — as the name implies — it would levy a tax on annual income above $1 million, meaning we’d be doing pretty well. Read more.
December 31, 2025
Many Americans can take advantage of President Trump’s deduction on auto loan interest, but the tax break will provide only modest savings. 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].