Institute on Taxation and Economic Policy (ITEP)

Nevada

blog  

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

• By ITEP Staff

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.

Nevada Current: Lombardo says he’s powerless to address affordability

August 4, 2026

The state of Washington, which, like Nevada has no income tax, gave taxpayers a tax credit to help them get by. 

report  

State-by-State Tax Expenditure Reports

• By ITEP Staff

Below is a list of tax expenditure reports published in the states.

blog  

State Rundown 5/7: Federal Showers Make States Dour

• By ITEP Staff

The effects of last year’s federal tax and spending cuts continue to ripple through the states. With gas prices soaring due to the Iran war, some states are attempting to provide a bit of relief in the form of gas tax reductions and suspensions.

State Tax Watch 2026

• By ITEP Staff

ITEP tracks tax discussions in legislatures across the country and uses our unique data capacity to analyze the revenue, distributional, and racial and ethnic impacts of many of these proposals. State Tax Watch offers the latest news and movement from each state.

blog  

Trust Reform is Needed to Protect States, Especially in the Wake of IRS Enforcement Cuts

• By Sarah Austin

Trust use is widespread among the wealthiest households, with reports showing that roughly half of the nation’s wealthiest people rely on trusts for tax avoidance reasons

Nevada Law Journal: Nothing to Gain: The Disparate Impact of the Capital Gains Tax Preference on Women and Persons of Color

• By ITEP Staff

This article provides a brief history of the capital gains preference, examines statistical income and wealth disparities based on gender and race, and proposes solutions to reduce the negative impact of the capital gains preference that leaves behind women and persons of color. Read more.

blog  

State Rundown 12/3: Property Tax Cuts and Deficits

• By ITEP Staff

States are increasingly facing difficult choices as revenues stagnate and deficits come clearer into focus.

blog  

State Rundown 11/24: States Say ‘No Thank You’ to Federal Tax Cuts Reducing State Revenue

• By ITEP Staff

Lawmakers in two more states have wisely said “no thank you” to federal tax cuts that would have flowed through to their state tax codes and undermined funding for their priorities

blog  

State Rundown 11/13: States Tackle Impending Deficits, Pennsylvania Secures an EITC

• By ITEP Staff

Revenue forecasts look increasingly grim as states anticipate shortfalls due to the slowing economy and impacts of the new federal tax law.

report  

The Wealth Proceeds Tax: A Simple Way for States to Tax the Wealthy

• By Sarah Austin, Carl Davis

Taxing the proceeds generated by wealth through a new Wealth Proceeds Tax is a simple way for states to raise billions in new revenue and improve the fairness of their tax systems.

blog  

State Rundown 8/6: Tax Policy is Hot in the Middle of Summer

• By ITEP Staff

As states prepare for the revenue loss and disruption resulting from the federal tax bill, tax policy is being considered in legislatures across the country.

Las Vegas Sun: Rep. Susie Lee: One Big Beautiful Bill Is Unfair, Unpopular – And It’s Soon Coming to Las Vegas

July 28, 2025

It is one of the least popular pieces of legislation in modern American history, giving massive, permanent tax breaks to the wealthiest Americans and temporary crumbs for working families in Southern Nevada.

brief  

Sales Tax Holidays Miss the Mark When it Comes to Effective Sales Tax Reform

• By Miles Trinidad

Sales tax holidays are often marketed as relief for everyday families, but they do little to address the deeper inequities of regressive sales taxes. In 2025, 18 states offer these holidays at a collective cost of $1.3 billion.

map  

How Much Would Every Family in Every State Get if the Megabill’s Tax Cuts Given to the Rich Had Instead Been Evenly Divided?

• By Michael Ettlinger

If instead of giving $117 billion to the richest 1 percent, that money had been evenly divided among all Americans, we'd each get $343 - or nearly $1,400 for a family of four.

report  

Analysis of Tax Provisions in the Trump Megabill as Signed into Law: National and State Level Estimates

• By Steve Wamhoff, Carl Davis, Joe Hughes, Jessica Vela

President Trump has signed into law the tax and spending “megabill” that largely favors the richest taxpayers and provides working-class Americans with relatively small tax cuts that will in many cases be more than offset by Trump's tariffs.

blog  

Trump Megabill Will Give $117 Billion in Tax Cuts to the Top 1% in 2026. How Much In Your State?

• By Michael Ettlinger

The predominant feature of the tax and spending bill working its way through Congress is a massive tax cut for the richest 1 percent — a $114 billion benefit to the wealthiest people in the country in 2026 alone.

blog  

How Much Do the Top 1% in Each State Get from the Trump Megabill?

• By Carl Davis

The Senate tax bill under debate right now would bring very large tax cuts to very high-income people. In total, the richest 1 percent would receive $114 billion in tax cuts next year alone. That would amount to nearly $61,000 for each of these affluent households.

blog  

State Rundown 6/25: The Numbers Don’t Lie, State Budget Edition

• By ITEP Staff

Many states are reaching their end-of-June budget deadlines, and major tax policy changes look to have big implications as states are forced, per federal policy, to do more with less.

report  

Analysis of Tax Provisions in the House Reconciliation Bill: National and State Level Estimates

• By Carl Davis, Jessica Vela, Joe Hughes, Steve Wamhoff

The poorest fifth of Americans would receive 1 percent of the House reconciliation bill's net tax cuts in 2026 while the richest fifth of Americans would receive two-thirds of the tax cuts. The richest 5 percent alone would receive a little less than half of the net tax cuts that year.

blog  

State Rundown 5/7: As Budget Season Heats Up, Tax Proposals Are Getting Serious

• By ITEP Staff

With spring in full bloom ,many state lawmakers are reaching tax policy agreements. Out west, lawmakers in North Dakota and Texas have moved major property tax cuts. Meanwhile, in the east and south, Vermont appears likely to pass an expansion to its Child Tax Credit and Earned Income Tax Credit, and South Carolina lawmakers are aiming to make deep, drastic cuts to the state’s income tax.

blog  

America Has Left the Building: U.S. Loses from Our Global Tax Policy Choices, Others Could Gain

• By Amy Hanauer

Countries that once looked to the U.S. for direction on tax policy have concluded they need to form alliances without us. If so, it will often be to the benefit of other people around the globe and to the deficit of U.S. communities.

brief  

Trump 2025 Tax Law: Research and Resources

• By ITEP Staff

Want to know more about the tax and spending megabill that President Trump recently signed into law? We've got you covered.

blog  

State Rundown 5/1: State Tax Debates Wrapping Up, and Just Beginning

• By ITEP Staff

The rampant uncertainty this year extends far beyond the national economy and federal policy, as many state legislatures are declaring their tax and budget debates finished, and just getting started, sometimes in the same breath.

news release  

Trump Administration’s Decision to End Direct File is Another Gift to Big Corporations

• By ITEP Staff

Contact: Jon Whiten (jon@itep.org) According to multiple reports, the Trump administration plans to eliminate the IRS Direct File program, a free electronic system for filing tax returns directly to the agency. Statement from ITEP Executive Director Amy Hanauer “The tax preparation industry has for years lobbied to prevent the IRS from providing a tool to […]