Institute on Taxation and Economic Policy (ITEP)

Recent Work

2316 items
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Big Tech Is Raking in Enormous Tax Breaks for AI Development

September 17, 2026 • By Matthew Gardner

Big Tech Is Raking in Enormous Tax Breaks for AI Development

OBBBA’s expensing provision is becoming especially lucrative for the companies building out AI infrastructure right now. There is no evidence whatsoever that tax breaks are necessary to encourage their construction.

New Census Data Show Importance of Refundable Tax Credits and Need for Improvements

The Child Tax Credit actually moved fewer children out of poverty in 2025 than it did in 2024 prior to Congress passing the so-called "One Big Beautiful Bill Act" (OBBBA).

State Earned Income Tax Credits Will Support Families and Workers in 2027

Nearly two-thirds of states (plus the District of Columbia and Puerto Rico) have an Earned Income Tax Credit. These credits boost low-paid workers’ incomes and offset some of the taxes they pay, helping working class families achieve greater economic security.

State Child Tax Credits Will Boost Financial Security for Families and Children in 2027

Sixteen states provide Child Tax Credits to reduce poverty, boost economic security, and invest in children. State lawmakers have several options to maximize the impact of Child Tax Credits.

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TurboTax Maker Intuit Paid Zero Federal Income Tax in 2025

September 11, 2026 • By Joe Hughes

TurboTax Maker Intuit Paid Zero Federal Income Tax in 2025

TurboTax maker Intuit reported nearly $6 billion in U.S. profits in 2025 and paid no federal income tax. Instead, the company received a refund, thanks in part to new tax breaks from OBBBA.

State Rundown 9/10: States Brace for (and in Some Cases Embrace) Ballots and Budgets

States across the country will consider a host of ballot measures that could reshape the fairness and adequacy of their states’ tax systems, while other states are receiving budget forecasts that could further shape upcoming policy debates.

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How the 50 Largest American Cities Raise Revenue and What That Means for Tax Equity

September 9, 2026 • By Rita Jefferson, Nick Johnson, Galen Hendricks

How the 50 Largest American Cities Raise Revenue and What That Means for Tax Equity

Large cities have the technical capacity, the economic base, and often more political might than smaller localities and governments that local officials should utilize to design fairer tax systems.

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2026 State Tax Ballot Measures to Watch

September 8, 2026 • By Aidan Davis

2026 State Tax Ballot Measures to Watch

This fall, voters across the country will consider a host of ballot measures that could reshape the fairness and adequacy of their states’ tax systems. Here’s some of what we’re following.

The Biggest Winners from Trump’s Tariff Refunds are Big Corporations

The Trump administration has been forced to pay out over $100 billion from illegal tariffs, and the biggest winners from these tariff refunds have been big corporations.

Video: ITEP’s Miles Trinidad Discusses Downsides of Florida’s Sales Tax Holiday

Florida is entering into one of its biggest sales tax holidays for hunting, fishing, and camping, with state officials projecting consumers to save around $40 million this year.

State Action on Child Tax Credits and Earned Income Tax Credits Since 2021

Since 2021, there has been a flurry of new and expanded state Child Tax Credits and Earned Income Tax Credits. This continued momentum speaks to the power and popularity of these credits and the need to boost the financial security of families and children across the country.

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State Rundown 8/27: Tax Policy is Cool as Summer Wraps

August 27, 2026 • By ITEP Staff

State Rundown 8/27: Tax Policy is Cool as Summer Wraps

With many state legislatures already adjourned, developments in tax policy have slowed.

Maryland Digital Advertising Ruling Shouldn’t Stop Other States from Considering Ad Taxes

Consumers are increasingly bombarded with advertisements based on our personal data. This explosion in targeted advertising is leading state policymakers to revisit the tax treatment of advertising, which has long been exempt from sales tax.