Institute on Taxation and Economic Policy (ITEP)

Publication Search Results

brief   March 17, 2026

How Four Big Pro-Trump Tech Companies Avoided Taxes

The leaders of Alphabet, Amazon, Meta, and Tesla publicly supported Trump to ensure the most favorable corporate tax policies possible. And Trump delivered for them, both in his 2017 tax bill and again in 2025 with the so-called One Big Beautiful Bill Act.

brief   March 12, 2026

Analysis of Sen. Chris Van Hollen’s Approach to Tax Policy

Sen. Chris Van Hollen has recently introduced the Working Americans’ Tax Cut Act, which offers a generous middle-class tax cut paid for with a new tax on millionaires.

report   March 10, 2026

The Child Tax Credit Leaves Out Millions of Children in 2026. There Are Better Alternatives.

The 2025 Trump tax law slightly increased the Child Tax Credit in a way that benefits virtually none of the children who most need help.

brief   February 23, 2026

State-by-State Estimates of the First Year of Trump’s Tax Policies: All But the Richest Americans Face Higher Taxes

As a result of the tax policies approved by President Trump and the Republican majority in Congress, all but the richest Americans are paying higher taxes on average in 2026 than they did last year.

brief   February 19, 2026

It’s Time for States to Jettison Nonsensical FDDEI Deductions

FDDEI deductions should be repealed for policy reasons alone as they do not serve a legitimate purpose at the state level.

brief   February 17, 2026

Michigan Ballot Proposal Would Boost Public Education While Creating a Fairer Tax System

A new proposal in Michigan would create a 5-percentage point surcharge on top earners with taxable incomes over $1 million for joint filers and $500,000 for single filers. This would raise about $1.7 billion a year, which would be used for public education priorities.

brief   January 26, 2026

An Analysis of a Potential Reduction in Massachusetts’ Long-Term Capital Gains Tax Rate

A ballot initiative in Massachusetts has proposed cutting the base rate for nearly all income sources from 5 to 4 percent. In 2026, this would cost the state about $5 billion per year of which $347 million would come from the reduced rate on long-term capital gains.

brief   December 17, 2025

10 Reasons Why the U.S. Should Reform Its Corporate Income Tax

The U.S. needs a tax code that is more progressive and that raises more revenue than the one we have now. An important way to achieve this is to reform…
brief   December 10, 2025

Tax Haven Data Demonstrate Need for Global Minimum Tax Despite Opposition from Trump Administration

American corporations use accounting gimmicks to make profits appear to be earned in tax havens. This widespread problem could be fixed by Congress enacting legislation to implement a minimum tax on corporations that meets the standards of the global minimum tax that other countries have begun to implement.

brief   December 8, 2025

Linking to Tipped and Overtime Income Deductions Would Worsen State Shortfalls, Do Little to Help Workers

State deductions for tips and overtime are not only ineffective at supporting working-class people, it will come at a substantial cost to state budgets.

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