Institute on Taxation and Economic Policy

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Colorado Lawmakers Help Fill Trump-Induced Shortfall by Tackling Offshore Corporate Tax Avoidance 

August 26, 2025 • By Matthew Gardner, Marco Guzman

As the Trump megabill blows holes in state budgets, Colorado is leading with reforms to curb offshore tax avoidance and roll back wasteful corporate subsidies.

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Dismantling Access to the Truth is a Big Deal

August 25, 2025 • By Erika Frankel

As federal data systems erode, the U.S. risks losing the impartial information needed for sound policymaking and public trust.

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The Trump Megabill Hands the Rich a Gift — and Sends the Bill to Young Americans

August 21, 2025 • By Angie Sumo

Trump's megabill directs most benefits to the wealthy, while leaving younger generations with higher taxes, more debt, and fewer opportunities. For Millennials and Gen Z, it means reduced public investment and an economy less likely to work in their favor.

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SALT in the Wound: New Tax Law’s Limit on State Tax Deductions Exempts Some of the Very Wealthiest

August 21, 2025 • By Matthew Gardner

The new tax law enacted last month found a temporary compromise on the level of the cap, boosting it to $40,000 through 2029, but failed to fix a loophole that allows some rich taxpayers with good accountants to completely avoid the cap

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State Rundown 8/20: States to Face Serious Conformity, Revenue Issues as Summer Ends

August 20, 2025 • By ITEP Staff

While tax news has slowed as summer comes to an end, there are rumblings beneath the surface that could be an inauspicious sign of the times ahead for states and state budgets.

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Across the States

Tax Watch

State Tax Watch 2025

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.

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Learn more about state taxes across the country, read Who Pays?

State Rundown & On the Map

State Rundown 8/20: States to Face Serious Conformity, Revenue Issues as Summer Ends

While tax news has slowed as summer comes to an end, there are rumblings beneath the surface that could be an inauspicious sign of the…

When Did Your State Enact a Child Tax Credit?

The Child Tax Credit (CTC) is an important tool to fight child poverty and help families make ends meet. When designed well, it can also…

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