Institute on Taxation and Economic Policy (ITEP)

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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.

Relentless State Income Tax Cuts Add Up to Massive Giveaways for the Wealthy

Today's state income tax cutting is defined less by sweeping one-time reforms than by sustained campaigns to ratchet down income tax rates year after year. This approach enables lawmakers to enshrine significant long-term reductions into law, while obscuring the fiscal impact by spreading it across multiple state budgets and legislative cycles.

The Impact of Proposed New Tax Credit Restrictions for Immigrant Filers: An Updated Analysis of the DACA Recipient Population

New Treasury Department public regulations would drastically reduce tax credit claims by DACA recipients and their families, among others. We find that 158,000 people in households with at least one DACA recipient will suffer financial harm, and that more than half of the impacted individuals are U.S. citizens.

The Trump Administration Slashed Taxes for H&R Block and Raised Costs for Tax Filers

Tax-prep giant H&R Block paid no federal taxes on its U.S. income in 2025. It also made a public disclosure, required by the European Union, characterizing one-third of its global profits as earned in Ireland, a low-tax country where the company offers no tax services and has only 15 employees.

Five Things to Know About the Trump Administration’s New Effort to Deny Tax Credits to Lawfully Present Immigrants

Today the Trump administration proposed new regulations seeking to drastically reduce the tax credits that certain immigrant tax filers can claim. The affected credits include the Earned Income Tax Credit (EITC), Additional Child Tax Credit, American Opportunity Tax Credit, and the Adoption Tax Credit. 

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Which States Allow Deductions for Overtime Pay in 2026?

August 19, 2026 • By ITEP Staff

Which States Allow Deductions for Overtime Pay in 2026?

The federal deductions for up to $25,000 in tipped income, for a similar amount of overtime pay, and for some auto loan payments have not been widely adopted by states. As of late June, just nine states are allowing the deduction for overtime.

Which States Allow Deductions for Tipped Income in 2026?

The federal deductions for up to $25,000 in tipped income, for a similar amount of overtime pay, and for some auto loan payments have not been widely adopted by states. As of late June, only 10 states – a quarter of the states with personal income taxes — have decided to allow the tipped income deduction for tax year 2026.

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Which States Have Not Decoupled from QSBS in 2026?

August 19, 2026 • By ITEP Staff

Which States Have Not Decoupled from QSBS in 2026?

QSBS allows millionaire investors to pay zero income tax on their profits.

Video: ITEP’s Amy Hanauer Explores Tax Fairness on Story in the Public Square

It’s been said that the only things certain in life are death and taxes. But Amy Hanauer of the Institute on Tax Policy and Economic Policy says that for some, taxes might not be on that list anymore—with societal implications for us all. She’s discussing that this week with host Jim Ludes this week on […]