The Institute on Taxation and Economic Policy
What's New
Taxing Advertising Would Modernize State Sales Tax Bases for the Information Age
May 7, 2026 • By Nick Johnson
Most states questionably exempt advertising from sales taxes. States that extend their sales taxes to advertising and/or enact an excise tax stand to raise billions in revenue while correcting a structural bias in their tax codes that implicitly subsidizes some of the most profitable corporations in human history.
State Rundown 5/7: Federal Showers Make States Dour
May 7, 2026 • By ITEP Staff
The effects of last year’s federal tax and spending cuts continue to ripple through the states. With gas prices soaring due to the Iran war, some states are attempting to provide a bit of relief in the form of gas tax reductions and suspensions.
New EITC Proposal Would Help Families Dealing with Rising Costs
April 30, 2026 • By Joe Hughes
A new proposal in Congress to expand the Earned Income Tax Credit (EITC) would help families with the costs of raising children. The Working Parents Tax Relief Act is one of the latest approaches to help working-class families deal with an ongoing affordability crisis.
Amidst Soaring Tech Earnings, Meta and Qualcomm Disclose a $13.7 Billion Tax Gift from Trump Administration
April 30, 2026 • By Matthew Gardner
Both companies acknowledge that they will save billions because of the Trump administration's weakening of the Corporate Alternative Minimum Tax (CAMT). Meta and Qualcomm are just two of the corporations that will benefit from this corporate tax cut provided unilaterally by the Trump's Treasury Department.
State Rundown 4/30: Aloha to Tax Cuts, Hawaiʻi Lawmakers Address Revenue Gap with High-End Tax Changes
April 30, 2026 • By ITEP Staff
This week Hawaiʻi lawmakers reached a compromise to balance the state budget and maintain tax cuts for most residents by, in part, raising rates on the richest Hawaiians. Other states are working to generate revenue from their wealthiest residents, too.
ITEP in the News
NPR: The Effects of the Iran War on Americans’ Wallet
Deseret News: Poll: Trump Promised Your Tax Refund Would Be Bigger. Did He Deliver?
Newsweek: Deadline Looms on Ohio Movement To Abolish Property Tax
AP: In One State, Voters Will Get To Decide Whether To Eliminate the Income Tax. Will More Follow?
Stateline: Millionaire Taxes Gain Steam As States Face Budget Crunches
ITEP Work in Action
Center on Budget and Policy Priorities: It’s Time To End Corporate Tax Avoidance in California by Closing the Water’s Edge Loophole
Maine Center for Economic Policy: 2026 Session Recap: Tax Policy
ITEP Cited in Academic Journal on State Child Tax Credits
Sen. Dick Durbin Comments on Government Funding and Tax Breaks
Ranking Member DeLauro Opening Remarks at Financial Services, General Government Fiscal Year 2027 Appropriations Full Committee Markup
ITEP Videos
Video: ITEP's Amy Hanauer Discusses How to Make the Federal Tax Code Fairer on WHYY
Video: You Are Paying More in Taxes Than Palantir
Video: Four Big Tech Companies Avoided $51 Billion in Taxes.
Across the States
Tax Watch
State Tax Watch 2026
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.
Get weekly updates by signing up for our State Rundown newsletter.
Learn more about state taxes across the country, read Who Pays?
State Rundown & On the Map
On the Map
State Rundown 5/7: Federal Showers Make States Dour
The effects of last year’s federal tax and spending cuts continue to ripple through the states. With gas prices soaring due to the Iran war,…
Taxes on Adult-Use Cannabis in Each State
Twenty-three states have legalized the sale of cannabis for general adult use. Every state allowing legal sales applies an excise tax to cannabis based on…
State & Local Tax Policy
Taxing Advertising Would Modernize State Sales Tax Bases for the Information Age
May 7, 2026 • By Nick Johnson
While States Debate New Trump Tax Changes, Equity Must Be at the Core
April 20, 2026 • By Brakeyshia Samms
Tax Break for Ultra-wealthy Investors Takes a Hit in Maine and Oregon
April 15, 2026 • By Nick Johnson
Maine Passes Millionaires' Tax and Pushes Back on Federal Changes
April 14, 2026 • By Marco Guzman
