Institute on Taxation and Economic Policy (ITEP)

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Some Members of Congress Will Cash in from New Tax Law

October 9, 2025 • By ITEP Staff

Some Members of Congress Will Cash in from New Tax Law

Many lawmakers who were vocal supporters of this bill will see direct personal benefits while most of their constituents benefit little or will be worse off.

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Trump Tax Law Erases Economic, Racial Progress in the Tax Code

October 6, 2025 • By Brakeyshia Samms

Trump Tax Law Erases Economic, Racial Progress in the Tax Code

President Trump’s massive tax-and-spending bill continues the administration’s assault on racial and economic justice by prioritizing tax breaks for the top 1% while neglecting the economic well-being of poor and working families of all races, especially people of color.

Quite Some BS: Expanded ‘QSBS’ Giveaway in Trump Tax Law Threatens State Revenues and Enriches the Wealthy

States should decouple from the federal Qualified Small Business Stock (QSBS) exemption.

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Trump 2025 Tax Law: Research and Resources

May 2, 2025 • By ITEP Staff

Trump 2025 Tax Law: Research and Resources

Want to know more about the tax and spending megabill that President Trump recently signed into law? We've got you covered.