Trump Tax Policies
9 posts
After Trump Tax Cuts, Major Corporations Pay Less than Ever
• By Amy Hanauer
Who bears the cost of these giant companies paying such a pittance? The American people.
The Consequences of 18 Months of Trump-Republican Tax Policy and Rising Prices
• By Michael Ettlinger
The first 18 months of President Trump’s second term have brought major changes in U.S. tax policy and taken several actions that have boosted inflation. These changes have had significant impacts on the lives of the American people. As a result, middle-income Americans are losing an average of $1,670 in 2026 overall.
ITEP Comment on Tax Credit Restrictions for Immigrants
• By Carl Davis, Emma Sifre
This proposal would bar a variety of immigrant tax filers from receiving the refunded portion of the Earned Income Tax Credit (EITC), Additional Child Tax Credit (ACTC), American Opportunity Tax Credit (AOTC), and Adoption Tax Credit.
Big Tech Is Raking in Enormous Tax Breaks for AI Development
• By Matthew Gardner
OBBBA’s expensing provision is becoming especially lucrative for the companies building out AI infrastructure right now. There is no evidence whatsoever that tax breaks are necessary to encourage their construction.
Trump Says Exxon and Chevron Are Ripping Off Americans, But His Own Policies Are to Blame
• By Matthew Gardner
President Trump lashed out at ExxonMobil and Chevron for “making too much money." These companies are reporting enormous profits right now, partly the result of Trump’s war in Iran but also due to the corporate tax policies he's passed during his time in office.
The Impact of Proposed New Tax Credit Restrictions for Immigrant Filers: An Analysis of the DACA Recipient Population
• By Carl Davis, Erika Frankel, Emma Sifre
We find that 337,000 people in households with at least one DACA recipient will suffer financial harm, and that nearly two-thirds (66 percent) of the impacted individuals are U.S. citizens.
While States Debate New Trump Tax Changes, Equity Must Be at the Core
• By Brakeyshia Samms
States continue to debate whether and how to link their state tax codes to the 2025 federal tax law. This is not just a technical debate.
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.
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