Recent Work by ITEP
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.
Corporate tax reforms should be the backbone of any progressive tax agenda and should be counted on to remain if other changes to our tax code are later thwarted by any of the three branches of government.
The next time Congress is serious about making the wealthiest pay their fair share in federal taxes, they will need to make three key changes to the federal corporate income tax so that it applies effectively to all the businesses that generate their income.
Taxing Advertising Would Modernize State Sales Tax Bases for the Information Age
May 7, 2026 • By Nick Johnson
Most states questionably exempt advertising from sales taxes. States that extend their sales taxes to advertising and/or enact an excise tax stand to raise billions in revenue while correcting a structural bias in their tax codes that implicitly subsidizes some of the most profitable corporations in human history.
The effects of last year’s federal tax and spending cuts continue to ripple through the states. With gas prices soaring due to the Iran war, some states are attempting to provide a bit of relief in the form of gas tax reductions and suspensions.
New EITC Proposal Would Help Families Dealing with Rising Costs
April 30, 2026 • By Joe Hughes
A new proposal in Congress to expand the Earned Income Tax Credit (EITC) would help families with the costs of raising children. The Working Parents Tax Relief Act is one of the latest approaches to help working-class families deal with an ongoing affordability crisis.
Amidst Soaring Tech Earnings, Meta and Qualcomm Disclose a $13.7 Billion Tax Gift from Trump Administration
April 30, 2026 • By Matthew Gardner
Both companies acknowledge that they will save billions because of the Trump administration's weakening of the Corporate Alternative Minimum Tax (CAMT). Meta and Qualcomm are just two of the corporations that will benefit from this corporate tax cut provided unilaterally by the Trump's Treasury Department.
ITEP in the News
St. Louis Post-Dispatch: After Missouri Voters Reject Income Tax Plan, Governor Says He'll Still Work to Cut Taxes
Daily Press: Editorial: Tax-free weekends are bad policy but don’t tell Virginians
Nevada Current: Lombardo says he’s powerless to address affordability
Bloomberg News: Microsoft's US Taxes Drop, Revenue Jumps After Trump Cuts
Bloomberg Tax: Weaker Minimum Book Tax Rules Save Meta, Qualcomm Billions
ITEP Work in Action
St. Louis Post-Dispatch: After Missouri Voters Reject Income Tax Plan, Governor Says He'll Still Work to Cut Taxes
Center for American Progress: Americans Pay the Price for Trump’s War While Oil and Gas Companies Get Rich
Daily Press: Editorial: Tax-free weekends are bad policy but don’t tell Virginians
Idaho Center for Fiscal Policy: How the One Big Beautiful Bill’s Tax Changes Impact Idaho Families
Nevada Current: Lombardo says he’s powerless to address affordability
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