Recent Work
2085 items
Well, That Was Fast: Trump Tax Law’s New Corporate Breaks are Already Worsening the Deficit
October 9, 2025 • By Matthew Gardner
Corporate income taxes for the fiscal year that ended in September are $77 billion lower than in the previous year, a 15 percent drop.
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.
The Potential of Local Child Tax Credits to Reduce Child Poverty
October 8, 2025 • By Kamolika Das, Aidan Davis, Galen Hendricks, Rita Jefferson
Local governments have a critical role to play in reducing child poverty. Local Child Tax Credits could provide large tax cuts to families at the bottom of the income scale, lessening the overall regressivity of state and local tax systems.
Trump Tax Law Erases Economic, Racial Progress in the Tax Code
October 6, 2025 • By Brakeyshia Samms
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
October 2, 2025 • By Sarah Austin, Nick Johnson
States should decouple from the federal Qualified Small Business Stock (QSBS) exemption.
Coca-Cola To Shareholders: $18 Billion Tax Bill? What $18 Billion Tax Bill?
October 1, 2025 • By Matthew Gardner
If Coca-Cola only pays 3% of the $18 billion tax bill it's facing, then the rest of us will have to pick up the remaining 97%.
State Rundown 10/1: State and Local Governments Doing the Opposite of Shutting Down
October 1, 2025 • By ITEP Staff
State and local officials are staying very busy by considering a dizzying amount of reversals.
Leaving Billions on the Table: Trump-Induced Brain Drain Leaves the IRS Struggling to Prevent Corporate Tax Avoidance
September 25, 2025 • By Matthew Gardner
The IRS's capacity to prevent big multinational corporations from avoiding income taxes is facing a generational crisis.
State Rundown 9/18: Lawmakers Confront Revenue Loss from Federal Policy Changes
September 18, 2025 • By ITEP Staff
Some states are trying to avoid revenue loss while others are welcoming it and doubling down.
Child Poverty Remains Unacceptably High, New Federal Changes Unlikely to Move Needle
September 16, 2025 • By Neva Butkus
By not extending the 2021 temporary Child Tax Credit expansion, federal lawmakers have allowed the number of children and families in poverty to increase and remain unnecessarily high.
IRS Enforcement Boost Was Supposed to Last 10 Years. Congress Killed It in Under Three.
September 16, 2025 • By Sarah C. G. Christopherson
The IRS was set to overhaul how it audits the ultra-rich. Now most of that funding is gone.
What currently stands in the way of better corporate tax transparency.
State Earned Income Tax Credits Support Families and Workers in 2025
September 11, 2025 • By Neva Butkus
Nearly two-thirds of states now have an Earned Income Tax Credit (EITC). Momentum continues to build on these credits that boost low-paid workers’ incomes and offset some of the taxes they pay, helping lower-income families achieve greater economic security.
State Child Tax Credits Boosted Financial Security for Families and Children in 2025
September 11, 2025 • By Neva Butkus
Child Tax Credits (CTCs) are effective tools to bolster the economic security of low- and middle-income families and position the next generation for success.
President Trump is Still Lying About Ending Taxes on Social Security
September 11, 2025 • By Matthew Gardner
Why is Trump saying that he has eliminated taxes on Social Security?
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