Former President Donald Trump has proposed a wide variety of tax policy changes. Taken together, these proposals would, on average, lead to a tax cut for the richest 5 percent of Americans and a tax increase for all other income groups.
Carl Davis
Carl Davis is the research director at ITEP, where he has worked since 2008. Carl works on a wide range of issues related to both state and federal tax policy. He has advised policymakers, researchers, and advocates on tax policy issues in nearly every state. Much of his work relates to the link between taxes and economic growth, and the shortcomings of dynamic scoring and supply-side economic theories.
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report October 7, 2024 A Distributional Analysis of Donald Trump’s Tax Plan
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media mention October 7, 2024 Education Week: How States Use Tax Credits to Fund Private School Choice: An Explainer
Most of the biggest recent developments in the world of private school choice have centered around education savings accounts, a twist on the private school voucher that parents can spend… -
media mention October 1, 2024 CBS News: What Are Tim Walz’s Economic Policies? Here’s a Look at What He’s Done in Minnesota.
Minnesota Gov. Tim Walz may be best known for his Midwestern roots, having grown up in Nebraska and spent years as a public school teacher and football coach in Minnesota. But voters will get a chance during his debate Tuesday with vice presidential rival Sen. JD Vance on CBS to hear more about Walz’s views on taxes and the economy, a critical issue in the November election.
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blog September 12, 2024 Voucher Boondoggle: House Advances Plan to Give the Wealthy $1.20 for Every $1 They Steer to Private K-12 Schools
The U.S. House Ways & Means Committee has advanced a new school voucher bill. H.R. 9462—the Educational Choice for Children Act of 2024—would create an unprecedented tax incentive designed to fund private, mostly religious, K-12 schools.
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blog September 9, 2024 The Quiet Effort to Make Single Parenthood More Expensive
After the dust settles on this year’s election, one of the most pressing issues confronting the next Congress and President will be how to deal with the expiration of the 2017 Trump tax cuts and, more specifically, who will pay for the cost of extending some or all of those cuts. Among the more widely accepted ideas circulating on the right is to raise income taxes on single parents, more than four in five of whom are women and a disproportionate share of whom are people of color.
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ITEP Work in Action August 26, 2024 ITEP’s Carl Davis: Pyramids, Cascades, and the Taxation of Business Inputs
ITEP Research Director Carl Davis gave this presentation to the New Mexico Revenue Stabilization and Tax Policy Committee on August 23, 2024. View the slides here. -
blog August 6, 2024 Minnesota Stands Out for Its Moderately Progressive Tax Code
Minnesota stands apart from the rest of the country with a moderately progressive tax system that asks slightly more of the rich than of low- and middle-income families. Recent reforms signed by Gov. Tim Walz have contributed to this reality.
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media mention July 31, 2024 States Newsroom: Study Says Undocumented Immigrants Paid Almost $100 Billion in Taxes
A new study shows that undocumented immigrants paid nearly $100 billion in federal, state and local tax revenue in 2022 while many are shut out of the programs their taxes… -
report July 30, 2024 Tax Payments by Undocumented Immigrants
Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase.
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report June 26, 2024 States Should Enact, Expand Mansion Taxes to Advance Fairness and Shared Prosperity
The report was produced in partnership with the Center on Budget and Policy Priorities and co-authored by CBPP’s Deputy Director of State Policy Research Samantha Waxman.[1] Click here to use… -
brief April 16, 2024 Is California Really a High-Tax State?
Key Findings For families of modest means, California is not a high-tax state. California taxes are close to the national average for families in the bottom 80 percent of the… -
blog April 1, 2024 Five Things to Know About Tax Foundation’s Critique of Maryland’s Worldwide Combined Reporting Proposal
Maryland lawmakers are considering enacting worldwide combined reporting (WWCR), also known as complete reporting. This policy offers a more accurate, and less gameable, way to calculate the amount of profit… -
media mention February 20, 2024 Audio: ITEP’s Carl Davis Talks to Ohio Newsroom About That State’s Upside-Down Tax Code
Ohio’s poorest residents pay a greater percentage of their income to state and local taxes than the richest Ohioans, according to a recent report from the nonpartisan Institute on Taxation and Economic Policy. It found that Ohio has the 15th most unequal tax system in the country.
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report February 6, 2024 Tax Policy to Reduce Racial Retirement Wealth Inequality
Historic and ongoing discrimination have created stark racial disparities in the US, and the racial retirement wealth gap is one such example.
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ITEP Work in Action February 5, 2024 Video: ITEP’s Carl Davis Discusses ‘Who Pays?’ at Rhode Island Revenue Roundtable
ITEP researcher Carl Davis joins the Economic Progress Institute (EPI) for Rhode Island’s Revenue Roundtable.
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media mention January 30, 2024 Audio: ITEP’s Carl Davis Discusses Idaho’s Regressive Tax System
Idaho has the 36th most regressive tax system in the nation, according to a new study by the Institute on Taxation and Economic Policy.
The Who Pays report says that low- and middle-income families in Idaho pay more in taxes than the wealthy, and the institute also says that disparity has only gotten worse over the last five years.
May Roberts, Policy Analyst at the Idaho Center for Fiscal Policy, and Carl Davis, Research Director at the Institute of Taxation and Economic Policy, joined Idaho Matters to break down the study.
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ITEP Work in Action January 29, 2024 ITEP’s Carl Davis: Who Pays Vermont Taxes?
ITEP Research Director Carl Davis gave a presentation on Vermont’s tax system to that state’s Ways and Means Committee on January 25, 2024. Click here for the slide deck. -
media mention January 29, 2024 CBS News: Vermont Wants to Fix Income Inequality by Raising Taxes on the Rich
Across the U.S., the rich generally pay a lower share of their income in taxes than low earners, according to the Institute on Taxation and Economic Policy (ITEP). A recent analysis by the left-leaning think tank found that the average effective state and local tax rate paid by residents to their home state is 7.2% for the top 1% of earners; for the lowest-earning 20%, that rate tops 11%.
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blog January 24, 2024 New Mexico Making Tremendous Progress Making Taxes Less Regressive
Recent tax reforms have helped to bring greater balance to New Mexico’s tax code. A new in-depth look at taxes in all 50 states finds New Mexico is an emerging leader, though there’s still plenty of room for improvement.
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media mention January 23, 2024 Audio: ITEP’s Carl Davis Discusses North Carolina’s Upside-Down Tax Code
Ever since Republicans took control of the North Carolina legislature in 2011, they’ve passed income tax cut after income tax cut and bragged repeatedly of the supposed enormous benefits this has afforded to average North Carolinians
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blog January 22, 2024 Latest Kansas Tax Plan Would Provide an Estimated $875,000 Tax Cut to Charles Koch
Last week, both houses of the Kansas legislature approved a significant tax cut centered around replacing the state’s graduated rate income tax structure with a flat tax instead. The bulk… -
blog January 19, 2024 How the Fairness of State Tax Codes Affects Public Education
The findings of Who Pays? go a long way toward explaining why so many states are failing to raise the amount of revenue needed to provide full and robust support for our public schools.
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media mention January 12, 2024 MarketWatch: Moving to Florida Might Not Be the Tax Play It’s Cracked Up to Be — Unless You’re Loaded
Florida, Texas and Tennessee have become hot real-estate markets in recent years, in part because they offer the allure of low taxes and cheap living costs. But a new analysis of how… -
media mention January 10, 2024 The Guardian: Forty-Four of 50 US States Worsen Inequality with ‘Upside-Down’ Taxes
A total of 44 of the 50 US states worsen inequality by making the wealthy pay a lesser share of their income in taxes than lower income people, a new… -
media mention January 9, 2024 HuffPost: Most States Have Tax Codes That Are Rigged To Benefit The Wealthy: Report
A sweeping new analysis of taxes across the country reveals that in four out of every five states, the top 1% are paying a lower tax rate than their middle-class and…