Tariffs
Impact of Key Trump Policies on Taxes and Costs: National and State Estimates
• By Steve Wamhoff
The major tax and economic policies of President Trump’s second term have increased taxes and household costs for most Americans except the richest 1%.
The Biggest Winners from Trump’s Tariff Refunds are Big Corporations
• By Matthew Gardner
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.
Despite Any Refunds, You’re Probably Paying More Taxes Under Trump While Richest Pay Less
• By Steve Wamhoff
For a large majority of Americans, the tax increase resulting from Trump’s tariffs, along with the ending of the health care tax credits, more than offsets any tax cuts provided by OBBBA. The exception is the richest 5 percent of Americans, for whom the net result is a tax cut on average.
Year One of Trump-Republican Tax Policy: The Consequences
• By Michael Ettlinger
President Trump has dramatically increased tariff taxes, enacted large tax cuts that primarily benefit the wealthy and corporations, dramatically curtailed IRS enforcement, and issued legally problematic regulations.
State-by-State Estimates of the First Year of Trump’s Tax Policies: All But the Richest Americans Face Higher Taxes
• By Steve Wamhoff, Michael Ettlinger
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
• By Steve Wamhoff
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
• By ITEP Staff
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.
‘Tax the Rich,’ Says … Mitt Romney?
• By Matthew Gardner
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.
• By Logan Liguore
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
• By Steve Wamhoff
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
• By Steve Wamhoff
Trump gives a promise, with absolutely no plan, to give $2,000 to every American using tariff revenue.
The Impact of Trump’s Tariffs
• By ITEP Staff
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.
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