What's New
Well, That Was Fast: Trump Tax Law’s New Corporate Breaks are Already Worsening the Deficit
October 9, 2025 • By Matthew Gardner
Corporate income taxes for the fiscal year that ended in September are $77 billion lower than in the previous year, a 15 percent drop.
Some Members of Congress Will Cash in from New Tax Law
October 9, 2025 • By Jessica Vela
Many lawmakers who were vocal supporters of this bill will see direct personal benefits while most of their constituents benefit little or will be worse off.
The Potential of Local Child Tax Credits to Reduce Child Poverty
October 8, 2025 • By Kamolika Das, Aidan Davis, Galen Hendricks, Rita Jefferson
Local governments have a critical role to play in reducing child poverty. Local Child Tax Credits could provide large tax cuts to families at the bottom of the income scale, lessening the overall regressivity of state and local tax systems.
Trump Tax Law Erases Economic, Racial Progress in the Tax Code
October 6, 2025 • By Brakeyshia Samms
President Trump’s massive tax-and-spending bill continues the administration’s assault on racial and economic justice by prioritizing tax breaks for the top 1% while neglecting the economic well-being of poor and working families of all races, especially people of color.
Quite Some BS: Expanded ‘QSBS’ Giveaway in Trump Tax Law Threatens State Revenues and Enriches the Wealthy
October 2, 2025 • By Sarah Austin, Nick Johnson
States should decouple from the federal Qualified Small Business Stock (QSBS) exemption.
ITEP in the News
Newsweek: White House Press Secretary Sparks Debate Over Immigrant Health Care Costs
Axios Detroit: Experts Offer Insight on Tackling Local Poverty
San Francisco Chronicle: New SALT cap means savings for California homeowners. Here’s how much
Governing: Free Child Care for All is Impossible? Don’t Tell New Mexico.
Stateline: Red States Pushed Child Tax Credits This Year, but the Broadest Plans Fizzled
ITEP Work in Action
JAMA Research Letter: Emergency Medicaid Spending for Undocumented Immigrants in the US
Florida Policy Institute: Challenges Ahead: What Census Data Reveals about the Wealth Gap and Uninsured Rate as Florida Braces for H.R. 1
Testimony: ITEP's Eli Byerly-Duke Discusses Oklahoma's Child Tax Credit in Senate Revenue and Taxation Committee Hearing
Sen. Elizabeth Warren: Letter to Joint Committee on Taxation on Bonus Depreciation
Rep. Steve Cohen: Congressmen Cohen and Beyer and Senator Wyden Introduce the Billionaire Income Tax Act
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 10/1: State and Local Governments Doing the Opposite of Shutting Down
State and local officials are staying very busy by considering a dizzying amount of reversals.
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…
State & Local Tax Policy
The Potential of Local Child Tax Credits to Reduce Child Poverty
October 8, 2025 • By Aidan Davis, Galen Hendricks, Kamolika Das, Rita Jefferson
Child Poverty Remains Unacceptably High, New Federal Changes Unlikely to Move Needle
September 16, 2025 • By Neva Butkus
State Earned Income Tax Credits Support Families and Workers in 2025
September 11, 2025 • By Neva Butkus
