Institute on Taxation and Economic Policy (ITEP)

Tariffs

State-by-State Estimates of the First Year of Trump’s Tax Policies: All But the Richest Americans Face Higher Taxes

As a result of the tax policies approved by President Trump and the Republican majority in Congress, all but the richest Americans are paying higher taxes on average in 2026 than they did last year.

Despite a Supreme Court Victory for Middle-Class Americans, Trump’s Disastrous Tariff Policies Are Not Over

Today the Supreme Court made the right decision in striking down most of the tariffs President Trump has put into motion during his second term.

State Rundown 2/19: Necktie (NCTI) Offers a Way Out of a Knotty Situation

State lawmakers are grappling with a range of challenges as their fiscal outlooks deteriorate, federal tax enforcement wanes (after the Trump administration cut the IRS workforce by 25 percent), and a rewritten federal tax code sends states scrambling to decide what changes they might want to make in their own codes.

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‘Tax the Rich,’ Says … Mitt Romney?

December 22, 2025 • By Matthew Gardner

‘Tax the Rich,’ Says … Mitt Romney?

His 900-word New York Times op-ed identifies some sensible federal tax reform ideas that would create a fairer, more sustainable tax system.

President Trump Says His Tariffs Aren’t Paid by Americans. Corporations Are Indicating the Opposite.

Corporations have publicly revealed that they are passing the cost of tariffs on to Americans—the opposite of what the executive branch has said is happening.

Congressional Republicans Ignore Tariffs and Instead Talk Up Their Corporate Tax Cuts

Instead of discussing President Trump's deeply unpopular tariff policies, House Republicans are making misleading and untrue claims about their tax cuts.

Don’t Hold Your Breath Waiting for a Tariff Dividend from Trump

Trump gives a promise, with absolutely no plan, to give $2,000 to every American using tariff revenue.

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The Impact of Trump’s Tariffs

April 23, 2025 • By ITEP Staff

The Impact of Trump’s Tariffs

The tariffs proposed by Donald Trump, which are far larger than any on the books today, would significantly raise the prices faced by American consumers across the income scale.