Institute on Taxation and Economic Policy

Recent Work

2096 items
State Rundown 3/6: Tax Cuts Aren’t Forever, or for Evers

Anti-tax interests finally found the end of the tax cutting appetite in a few states this week...

Tax Cuts Fail Again in Kansas and Wisconsin; Lawmakers Should Pivot to Proven Investments

The governors of both Kansas and Wisconsin recently stood up to legislators who tried to push through costly tax cuts that would overwhelmingly benefit the most well-off. Lawmakers in those states and others should shift their focus from expensive, top-heavy tax cuts to tried and true policies that help middle-class and low-income families.

Below is written testimony delivered by ITEP Local Policy Director Kamolika Das before the Pennsylvania House Finance Subcommittee on Tax Modernization & Reform on March 1, 2024. Good afternoon and thank you for this opportunity to testify. My name is Kamolika Das, I live in South Philly, and I’m the Local Tax Policy Director at […]

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Moving the Needle Toward Tax Fairness in the States

March 4, 2024 • By Jon Whiten

Moving the Needle Toward Tax Fairness in the States

While many state lawmakers have spent the past few years debating deep and damaging tax cuts that disproportionately help the rich, more forward-thinking lawmakers have improved tax equity by raising new revenue from the well-off and creating or expanding refundable tax credits for low- and moderate-income families.

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Corporate Tax Avoidance in the First Five Years of the Trump Tax Law

February 29, 2024 • By Matthew Gardner, Spandan Marasini, Steve Wamhoff

Corporate Tax Avoidance in the First Five Years of the Trump Tax Law

The Trump tax law overhaul cut the federal corporate income tax rate from 35 percent to 21 percent, but during the first five years it has been in effect, most profitable corporations paid considerably less than that.

State Rundown 2/28: States Keep Busy While Washington Stalls

State legislative sessions are in full swing with New Jersey and Oklahoma both particularly active this week...

State Rundown 2/22: Some Top-Heavy Tax Cut Proposals are Getting the Chop

With many state legislatures now in full swing with activity heating up, some tax cut proposals have lost steam...

The ‘Low-Tax’ Lie: States Hyped for Low Taxes Usually Only Low-Tax for the Rich

It’s hard to go a week without seeing a politician or a news article hype up a state as the place that everyone is moving to – or should move to – because of low taxes. However, there’s a big problem with these proclamations: they aren’t true.  

IRS Commissioner, New GAO Report Highlight Importance of Proper IRS Funding

A new GAO report and Commissioner Werfel’s testimony highlight the value and necessity of a well-funded and functioning IRS. Most families and businesses do their best to pay taxes accurately and on time. The nation benefits from a modern revenue agency that can make this process as easy and simple as possible and identify complex tax schemes that deprive the country of revenues.

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State Rundown 2/14: Our Love Language is Taxes

February 14, 2024 • By ITEP Staff

State Rundown 2/14: Our Love Language is Taxes

As many of you may know, we love taxes, along with the many great things they provide for our communities...

State Rundown 2/8: Flowers, Chocolates, and Tax Cuts for the Wealthy?

While we were hoping to get progressive tax policy wins for Valentine’s Day, many state lawmakers have another idea in mind...

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Tax Policy to Reduce Racial Retirement Wealth Inequality

February 6, 2024 • By Brakeyshia Samms, Carl Davis

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.

House SALT Proposal is Expensive, Unneeded, and Poorly Designed

The SALT Marriage Penalty Elimination Act passed by the House Rules Committee on February 1 is costly, decreasing tax revenue by about $8 billion in 2023. It also mostly only helps taxpayers who are already well off.

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Impacts of the Tax Relief for American Families and Workers Act

February 2, 2024 • By Joe Hughes, Steve Wamhoff

Impacts of the Tax Relief for American Families and Workers Act

The Tax Relief for American Families and Workers Act passed by the House of Representatives on January 31 is a compromise between lawmakers who want to address child poverty and lawmakers who want to expand the Trump tax cuts for corporations and therefore includes provisions that do both. It also offsets the costs of those […]

State Rundown 2/1: Black History Month Begins as Tax Debates Heat Up Nationwide

This week the showdown between the Kansas legislature and governor continued as Gov. Kelly vetoed the legislature’s latest attempt to pass a flat personal income tax. Elsewhere, the focus is on doing more for working families through proposals to expand refundable credits in Maryland and adding a millionaire tax bracket in Rhode Island. Meanwhile, there’s […]

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