Institute on Taxation and Economic Policy (ITEP)

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Texas Property Tax Plan Mimics California’s Damaging Prop 13

December 19, 2025 • By Neva Butkus, Rita Jefferson

Texas Property Tax Plan Mimics California’s Damaging Prop 13

This proposal would disrupt the state’s housing market and jeopardize local revenues while doing very little to help workers and families struggling to pay their property tax bills – just as Prop 13 did in California.

State Rundown 12/17: Tax Policy ‘Naughty or Nice’ List Has Late Entrants

With a little over a week left, some states are solidifying their spots on the tax policy “naughty or nice” list.

Florida Policy Institute: A Working Floridians Tax Rebate for a Stronger and More Equitable Florida

September 24, 2021

Floridians who are paid lower wages spend significantly more of their income on state and local taxes than those with high income. This is because the state lacks a personal income tax and relies mostly on the sales tax to raise revenue. The state’s upside-down tax code also exacerbates racial inequity because Floridians with low […]

Florida Policy Institute: Florida Policymakers Need to Reassess How the Minimum Wage is Enforced

March 4, 2021

Finally, the state budget could take a hit if wage theft persists. Sales tax revenue as an effect of higher minimum wages is particularly relevant to highlight in Florida. The state lacks a personal income tax and over 75 percent of its general revenue fund is comprised of sales tax revenue. General revenue supports critical […]

Florida Policy Institute: State Resolution Could Result in $1.47 Billion in Lost Wages for Young Workers and Foregone Sales Tax Revenue for Florida

March 3, 2021

Florida, lacking a personal income tax, relies on sales tax revenue to support critical areas like education and health and human services. More than 75 percent of Florida’s General Revenue Fund, which finances most of these vital services, is comprised of sales tax revenue. Furthermore, Florida households are the highest contributors to sales tax collections, […]

Florida Policy Institute: 2021 Legislature Must Prioritize Revenue-Raising Solutions, Not Budget Cuts, To Bolster Post-Pandemic Recovery

November 18, 2020

Through smart investments, it is possible to make up billions of dollars without cuts. FPI proposes initiatives to close corporate loopholes such as “combined reporting”— already implemented by 28 states and D.C.— and the “throwback rule”— adopted by 22 states and D.C. — that would generate more than $500 million in general revenue. Read more […]

Florida Policy Institute: Florida Would See an Extra $577 Million in Sales Tax Revenue Under Amendment 2

October 30, 2020

As Florida Policy Institute and many others have demonstrated, gradually increasing the minimum wage to $15 per hour by 2026 would help lift households out of poverty and reduce pay inequities long experienced by women, people of color, and immigrants. Additionally, a new analysis by the Institute on Taxation and Economic Policy (ITEP) shows that Amendment 2 […]

Intended Consequences: Deliberate Disinvestment Caused Florida’s Unemployment Disaster

Florida politicians deliberately rigged the unemployment system after the Great Recession to avoid raising taxes on businesses. Now, in a pandemic, some out-of-work residents are left waiting more than six weeks for unemployment benefits while more than 280,000 others have been inexplicably denied. What’s happening in Florida underscores deeper challenges with systems that should help those in need, but instead are designed to fail them.

Florida Policy Institute: Earned Income Tax Credit Crucial for Working Families

January 31, 2020

State EITCs are better targeted to people with low income than blanket tax exemptions, so they help to reduce the disproportionate impact of sales and excise taxes. According to new data from the Institute on Taxation and Economic Policy, a state EITC at 30 percent of the federal credit would reduce the share of income […]