ITEP Work in Action
1,508 posts
Economic Opportunity Institute: What the Millionaires Tax would mean for Washington
• By ITEP Staff
In fact, thanks to the legislation’s expansion of the state’s Working Families Tax Credit and elimination of sales taxes on several categories of items, 95% of Washington households will pay less in state taxes, according to an analysis by the Institute on Taxation and Economic Policy.
Senator Elizabeth Warren: Warren, King Seek Data on Tax Break for Ultra-Wealthy Expanded by Republicans in One Big Beautiful Bill
• By ITEP Staff
The QSBS exclusion allows investors who buy stock in a “qualified business” to write off as much as 100 percent of their capital gains when they sell that stock, in some cases delivering millions of dollars in tax breaks.
Senator Chris Van Hollen: Van Hollen, Pettersen Lead Lawmakers in Introducing Legislation to Bring Transparency to Corporate Abuse of Tax Havens, Job Offshoring
• By Matthew Gardner
U.S. Senator Chris Van Hollen and U.S. Representative Brittany Pettersen led their colleagues in reintroducing the Disclosure of Tax Havens and Offshoring Act, legislation to provide transparency around corporations’ use of tax havens and incentives to offshore jobs.
Center on Budget and Policy Priorities: Missouri Tax Amendment Likely to Seriously Harm Services, Shift Taxes Onto Working Families
• By ITEP Staff
In early August, Missouri voters will decide one of the most consequential state tax policy questions in recent memory: whether to eliminate their state’s personal income tax.
California Budget & Policy Center: Should Voters Approve Prop. 3? How Top Tax Rates Have Helped Californians
• By ITEP Staff
Proposition 3 will appear on the November 2026 statewide ballot, asking California voters whether to make permanent the higher-income tax rates on the state’s highest earners.
Migration Policy Institute: Rooted in the Valley: Immigrants in Napa County’s Communities and Economy
• By ITEP Staff
Immigrants made up 29 percent of Napa County’s workforce as of 2019–23, with those working in the wine and hospitality industry generating an estimated $1.5 billion in county GDP.
The Bell Policy Center: Colorado Ballot Guide 2026
• By ITEP Staff
According to the Institute on Taxation and Economic Policy, immigrants without documentation contributed $436.5 million in state and local taxes in Colorado in 2022.
CSG Midwest: Conform or decouple? Changes in federal tax policy stir debates in state legislatures
• By ITEP Staff
“Congress often tinkers with the tax code from one year to the next, so state conformity debates happen all the time, says Carl Davis, research director at the Institute on Taxation and Economic Policy. “But they’re usually much more minor considerations.”
Michigan Democratic Party: Michigan Democrats Slam GOP Billionaire Bailout Budget On One-Year Anniversary of OBBBA’s Passage
• By ITEP Staff
The Institute on Taxation and Economic Policy found the OBBBA “will increase taxes for most Americans, significantly expand income inequality, and add trillions to the national debt, while delivering substantial tax cuts to high-income households, corporations, and foreign investors.”
Stop Greed, Build Green | Climate and Community Institute: AI First: How the Federal Government is Prioritizing AI Over People and Planet
• By ITEP Staff
The recent explosion of artificial intelligence (AI) and the construction of data centers threatens to swallow the US economy and transform society.
The Arizona Center for Economic Progress: As America250 Approaches, Arizona’s Story Must Include All of Us
• By ITEP Staff
Under H.R. 1, the federal tax package passed last year, the richest 1% of Arizonans are set to receive an average tax cut of nearly $80,000, according to the Institute on Taxation and Economic Policy. The lowest-income 20% of Arizonans will receive about $10. Read more.
Public Citizen: The Current Price of Zero
• By ITEP Staff
The Institute on Taxation and Economic Policy (ITEP) found that at least 88 of the nation’s largest corporations paid zero federal corporate income tax in fiscal year 2025, despite reporting a combined $105 billion in US pretax income.
Idaho Center for Fiscal Policy: How Federal and State Tax Cuts Shift Costs onto Idaho Families and Communities
• By ITEP Staff
Since 2018, however, Idaho households have received $4.5 billion in state and federal income tax cuts—an amount that exceeds current state investments in health and education combined.
Media Matters For America: Right-Wing Media Go To Bat for New York’s Richest by Pushing a Debunked Myth That Higher Taxes Will Cause Millionaires To Flee
• By ITEP Staff
According to the Institute on Taxation and Economic Policy, “Millionaires are unlikely to move because of taxes. Instead, like most other people, millionaires primarily choose where to live based on community ties, schools, and jobs, and are not likely to uproot their lives based on a marginal tax difference.” Read more.
Washington Center for Equitable Growth: Defining Top Wealth and Income Thresholds for U.S. Tax Policy Design and Analysis
• By ITEP Staff
ITEP cited in a report that outlines wealth and income thresholds to policymakers, explaining why measuring both income and wealth is more difficult than might be expected. Read more.
Georgia Budget and Policy Institute: Governor Kemp Unilaterally Issues $344 Million in Spending Cuts To Fund Tax Cuts for Corporations, High Income Earners
• By ITEP Staff
ITEP cited in a review of Governor Kemp’s spending cut anskewed toward those already earning the highest incomes and away from meeting the needs of working and middle-income families. Read more.
PEW: The Remote Work Challenge: Lessons From 5 Cities
• By ITEP Staff
Atlanta, Boston, Dallas, Denver, and Milwaukee all struggle with office vacancies and underperforming downtowns due to this rise in remote work. Even apart from remote work, cities are entering a new period of fiscal stress. They may need help from state and national leaders to thrive. Read more.
DC Fiscal Policy Institute: Restoring Tax Credits Would Benefit Nearly 62,000 DC Children
• By ITEP Staff
The already dire conditions for Black and brown residents and those with low incomes are likely to worsen this year and beyond as the combined harm of federal layoffs on DC’s economy and cuts to vital safety net programs like Temporary Assistance for Needy Families, the Supplemental Nutrition Assistance Program, and Medicaid take effect. Read […]
Center on Budget and Policy Priorities: It’s Time To End Corporate Tax Avoidance in California by Closing the Water’s Edge Loophole
• By ITEP Staff
ITEP cited in testimony in favor of a California policy that would close a profit shifting loophole and ensure that corporations pay their fair share. Read more.
Maine Center for Economic Policy: 2026 Session Recap: Tax Policy
• By ITEP Staff
A recap of Maine’s 2026 legislative session covers the state’s new millionaire tax, decoupling of last summer’s regressive federal tax provisions, and the expansion of the property tax fairness credit. Read more.
ITEP Cited in Academic Journal on State Child Tax Credits
• By ITEP Staff
State Child Tax Credits are a promising and increasingly popular policy to reduce child poverty, strengthen family economic stability, and promote healthy development. Read more.
Sen. Dick Durbin Comments on Government Funding and Tax Breaks
• By ITEP Staff
According to the Institute on Taxation and Economic Policy, at least 88 of some of the largest corporations—including Tesla, Coinbase, and Palantir—made more than $105 billion in 2025. But they paid zero dollars in federal income tax because of the Republican’s One Big Beautiful Bill Act. Collectively, billionaires added $1.5 trillion to their wealth in 2025 […]
Ranking Member DeLauro Opening Remarks at Financial Services, General Government Fiscal Year 2027 Appropriations Full Committee Markup
• By ITEP Staff
Among the excerpts from Rep. DeLauro: Our tax system is broken. Working families are forced to pay far more in taxes as a percentage of their wealth, while massive, multi-billion dollar companies routinely game the system to avoid paying any taxes at all. The Institute on Taxation and Economic Policy (ITEP) just released a report […]
Testimony: ITEP’s Miles Trinidad Explains Why Vermont Should Adopt a Wealth Proceeds Tax
• By Miles Trinidad
ITEP Policy Analyst Miles Trinidad testified on the need for a Wealth Proceeds Tax in Vermont on April 16, 2026 at the Vermont House Ways and Means Committee.
Center for American Progress: Stabilizing and Strengthening State Funding for Public Higher Education After the Big Beautiful Bill
• By ITEP Staff
Funding cuts to higher education weaken the economy. States can drive revenue by adopting progressive tax structures and budgetary mechanisms to protect the education sector. Read more.
Advocates and policymakers at the state and federal levels rely on ITEP’s analytic capabilities to inform their debates on proposed tax policy changes. In any given year, ITEP fields requests for analyses of policies in 25 or more states. ITEP also works with national partners to provide analyses of federal tax policy proposals. This section highlights reports that use ITEP analyses to make a compelling case for progressive tax reforms.
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