Recent Work by ITEP
Second home taxes make a lot of sense for communities struggling with housing costs for full-time residents. They can raise real revenues too, which can be used to support further affordable housing development.
The oil and gas industry has long been known for widespread tax avoidance. Now, thanks to new disclosure rules, we have a better picture of how this occurs.
From surcharges on the income of high-earners to higher taxes on second homes, here are recent steps states have taken to tax the rich.
Jeff Bezos’ Amazon Received Almost 10 Percent of Corporate Tax Subsidies Last Year
May 21, 2026 • By Matthew Gardner, Steve Wamhoff
Amazon received $17.5 billion in tax subsidies in 2025. That’s about 10% of all federal income tax subsidies for publicly traded corporations in 2025.
State Rundown 5/21: A Flurry of Tax Decisions as Legislatures Wrap
May 21, 2026 • By ITEP Staff
As more legislative sessions come to an end, states are making final decisions on tax and budget policies.
The ‘Black Women Best’ Framework: An Innovative Method for Showing How Inheritance Taxes Affect the Racial Wealth Gap
May 20, 2026 • By Brakeyshia Samms, Francine Lipman
The approach posits that if policies improve the economic wellbeing of Black women, they will benefit the broader economic health of the rest of the population.
As of May 19, Americans have already spent $39 billion more for motor fuel (both gasoline and diesel) because of the Iran War. This number is growing by the day.
Tax the Rich, Fund Our Communities: Local Options for Progressive Revenue
May 18, 2026 • By Rita Jefferson, Nick Johnson, Angelo Pis-Dudot
The task for local elected officials in this moment is therefore clear: use available tools to make the wealthy pay their fair share to fund the essential public goods that allow our communities to live safe, healthy, and thriving lives.
As many legislative sessions end, lawmakers are revealing their priorities.
The Bears Bill Is Bad by Design. Here’s How.
May 13, 2026 • By Rita Jefferson, Amanda Kass, Kristan Wong Karinen
State lawmakers are debating whether to subsidize a new Chicago Bears stadium in Arlington Heights, but this bill creates a new statewide property tax cut program for large development projects.
ITEP in the News
Time: Trump Demands Israel and Iran 'Stop Shooting’ as World Leaders Urge Restraint Amid Renewed Hostilities
The Oklahoman: GOP Candidates Say Income Tax Cuts Would End Oklahoma's Corporate Exodus
NPR: Trump Wants a Gas Tax Holiday. There's a Much Bigger Problem Looming.
The Atlantic: The Gas-Tax Reckoning
Associated Press: Memorial Day: Higher Fuel Prices Have Some Americans Scaling Back Their Travel Plans
ITEP Work in Action
Time: Trump Demands Israel and Iran 'Stop Shooting’ as World Leaders Urge Restraint Amid Renewed Hostilities
Idaho Center for Fiscal Policy: How Federal and State Tax Cuts Shift Costs onto Idaho Families and Communities
The Oklahoman: GOP Candidates Say Income Tax Cuts Would End Oklahoma's Corporate Exodus
NPR: Trump Wants a Gas Tax Holiday. There's a Much Bigger Problem Looming.
The Atlantic: The Gas-Tax Reckoning
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