ITEP Work in Action
Washington Governor’s Office: Governor Ferguson Announces Support for Millionaires’ Tax
January 6, 2026
Washington ranks next to last for fairness and equality in our tax system — meaning those who make the least pay much larger shares of their income than those with the most resources. Washington families whose income is in the bottom 20% pay 13.8% of their total income in taxes, while those whose income is […]
Kentucky Center for Economic Policy: In New Poll, Kentuckians Say Income Tax Cuts Aren’t Helping
January 5, 2026
Kentucky’s legislative leaders have made reducing the state’s individual income tax rate their top priority in recent years. Lawmakers have repeatedly acted on that, reducing the rate several times and costing the state billions annually that could have been invested in kids and families. Read more.
Public Assets Institute: State of Working Vermont 2025
January 5, 2026
In many ways, 2025 has been a year like no other. Federal actions affecting the state have been fast and furious: freezing grants, eliminating housing supports, withholding or slashing food benefits and heating assistance, decimating healthcare access both by cutting Medicaid and ending enhanced insurance premium tax credits. All of this adds up to hundreds of […]
NC Budget & Tax Center: Jan. 1: Tax cuts for the rich in NC — still no state budget
January 5, 2026
The New Year will bring little certainty to everyday North Carolinians. State legislators have failed to use the policy tools available to them to address rising costs for the basics, from food to child-care to housing. Read more.
Maine Center for Economic Policy: Tax Conformity Decisions Will Shape Maine’s Future (Part 1: Maine Shouldn’t Fall for Policy Gimmicks)
December 22, 2025
Policy gimmicks in HR 1 disguise its true nature as a huge tax giveaway to the ultra-wealthy and big corporations — Maine should not compromise the future well-being of its residents to give tax breaks to the rich. Read more.
Every Texan: Highest Tax Rates in the State Fall on Texans of Color
December 19, 2025
The income groups paying the highest tax rates in Texas are disproportionately Hispanic and Black, whereas the lowest-taxed group (the wealthiest 5%) is predominantly white. Read more.
DC Fiscal Policy Institute: DC Tax Credits for Households with Low Incomes Will Reduce Child Poverty by One-Fifth
December 19, 2025
This November, the DC Council significantly increased economic security for approximately 78,000 children and their families through legislation that restores the District’s Child Tax Credit (CTC) and strengthens the DC Earned Income Tax Credit (EITC). Read more.
Kentucky Center for Economic Policy: A State Budget for an Affordable Kentucky: Preview of the 2026–2028 Budget of the Commonwealth
December 17, 2025
The Kentucky General Assembly will perform its most important job — crafting a two-year state budget that funds education, health, social services and other critical needs. But unlike recent years, when pandemic-era stimulus created robust revenue growth, lawmakers are now facing a serious budget crunch due to the loss of federal funds, a weakening economy […]
The Milbank Quarterly: The 2021 Child Tax Credit and Children’s Health and Well-Being: Evidence From a National Longitudinal Study
December 16, 2025
Evidence suggests the 2021 temporary Child Tax Credit expansion reduced material hardship and improved parental mental health. This expansion was also associated with improvements in child behavioral health. Read more.
Nevada Law Journal: Nothing to Gain: The Disparate Impact of the Capital Gains Tax Preference on Women and Persons of Color
December 16, 2025
This article provides a brief history of the capital gains preference, examines statistical income and wealth disparities based on gender and race, and proposes solutions to reduce the negative impact of the capital gains preference that leaves behind women and persons of color. Read more.
Senators and House Members Warn Treasury Against Delivering Retroactive Tax Break to Billionaire Corporations
December 15, 2025
Billionaire corporations have engaged in a lobbying blitz with the Treasury to obtain a retroactive R&E carveout from the Corporate Alternative Minimum Tax. Lawmakers are urging the Treasury not to further rig the tax code in favor of billionaire corporations. Read more.
Kentucky Center for Economic Policy: Building a Kentucky Workers Can Afford
December 2, 2025
The working class drives prosperity, and it’s time for an agenda in Frankfort that puts them first. From the state’s rural counties to our biggest cities, it’s Kentuckians—whether white, Black or brown—who make it all go. Supported by the right policies, ones that reward their efforts and prioritize their concerns, more Kentuckians could work in […]
Action Center on Race & the Economy: Pay Us What You Owe Us: Concrete State Solutions to Re-Fund Our Communities
November 25, 2025
We are in the midst of what many are deeming the largest transfer of wealth in U.S. history from Black, brown and poor communities to the ultra-wealthy. The Institute on Taxation and Economic Policy (ITEP) estimates that Trump’s 2025 federal tax cuts will result in the richest 1% receiving $117 billion in tax cuts in […]
Institute for Policy Studies: FACT SHEET: Federal Policy Threatens Women and Children with Poverty
November 24, 2025
The Trump administration continues to enact harmful policies, like those contained in HR.1, which make massive cuts to education, health care, food assistance, and housing programs, to give tax cuts to the rich. The poverty rate is bound to continue to increase in the next few years. As a result, women and children will face […]
Georgia Budget and Policy Institute: Breaking the Bank: Eliminating the State Income Tax Harms Most Georgians and Increases the Cost of Living
November 17, 2025
Eliminating Georgia’s income tax would represent the largest transfer of wealth from working and middle-class families to high income individuals and corporations in state history. Doing so would dramatically push Georgia’s budget out of balance, given that the income tax has been the state’s single largest source of revenue since 1982. Read more.
Economic Policy Institute: Raising Taxes on the Ultrarich
November 17, 2025
The public has supported raising taxes on the ultrarich and corporations for years, but policymakers have not responded. Small increases in taxes on the rich that were instituted during times of Democratic control of Congress and the White House have been consistently swamped by larger tax cuts passed during times of Republican control. Read more.
The Commonwealth Institute: Policy Choices to Protect and Increase Investment in Virginia Communities
November 17, 2025
To make sure every community in Virginia is a good place to live, work, and raise a family, we must invest in quality public education, health care, affordable housing, access to food, and other important services and supports. Read more.
Kentucky Center for Economic Policy: State and Federal Tax Cuts of the Last Decade Are Giving an Enormous Windfall to the Wealthiest Kentuckians
November 12, 2025
In 2026, Kentucky’s richest 5% will receive $3.4 billion from tax cuts enacted over the last decade. That’s revenue no longer available to meet people’s needs. Kentucky workers, meanwhile, are facing stagnant and inadequate wages and a growing cost of living crisis that will get worse if state budget cuts are enacted. Read more.
Idaho Center for Fiscal Policy: Conforming With Recent Federal Tax Changes Will Result in Over $284.4 Million in Annual Revenue Loss in Idaho
November 10, 2025
To prioritize Idaho businesses and protect revenue for public services, the Center recommends remaining decoupled from (1) bonus depreciation, and decoupling from (2) qualified production property deduction, (3) research and experimentation (R&E) cost recovery, (4) relaxed interest deductibility cap, and (5) deduction of foreign derived intangible income. Read more.
Oxfam: UNEQUAL: The Rise of a New American Oligarchy and the Agenda We Need
November 4, 2025
This past year has been indelibly shaped by concentrated wealth and power. The 10 richest U.S. billionaires got $698 billion wealthier, and the arrival of the world’s first trillionaire grew more imminent. The Trump administration—largely with the support of the Republican-controlled Congress—has moved with staggering speed and scale to carry out a relentless attack on […]
Americans for Tax Fairness: For Many Families, Trump-GOP Healthcare Premium Hikes Wipe Out Potential Tax Cuts
October 30, 2025
An analysis conducted by Americans of Tax Fairness, based on data from the Institute on Taxation & Economic Policy and Center on Budget Policy Priorities, finds that for the tens of millions of families the small benefit of the Trump tax cut would be stolen away through increased health insurance costs. Read more.
FACT Coalition: New Report Reveals U.S. Oil and Gas Companies Pay More Tax to Petrostates Than to the U.S. Government
October 27, 2025
Analyzing disclosures from 11 publicly traded U.S. oil and gas companies between 2018 and 2024, the report shows that, despite collectively producing more oil and gas domestically than in all other countries combined, American multinational oil and gas companies only reported owing less than a fifth of their overall taxes in the U.S. Read more.
Maine Center for Economic Policy: Missed Opportunities to Advance Tax Fairness and Create a Better State
October 20, 2025
The State doesn’t have adequate funding for health care, housing, and many other pressing needs. The fairest way to fix this is by asking the wealthiest people and big businesses to pay more in income taxes. Read more.
America’s Voice: Just Listen To The Experts: You Can’t Have Economic Growth Without Immigrants
October 20, 2025
Ignore the ugly rhetoric and just look at the facts: immigration is not only good for our country, it’s necessary to our economic growth and vital to essential industries. Part of that reason is because as U.S.-born workers get older and retire, making immigrant workers even more critical in helping maintain a strong labor force […]
JAMA Research Letter: Emergency Medicaid Spending for Undocumented Immigrants in the US
October 9, 2025
Proponents of the Budget Reconciliation Law of 2025 state that its trillion-dollar cuts to Medicaid will only affect care for groups whom they argue should not be receiving it, such as undocumented immigrants. Federal law, however, already prohibits undocumented immigrants from qualifying for comprehensive Medicaid, Medicare, and Marketplace options under the Affordable Care Act (ACA). […]
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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