The Institute on Taxation and Economic Policy
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Rhode Island Budget Bets on Tax Fairness with Millionaires’ Tax and New Child Tax Credit
June 12, 2026 • By Miles Trinidad
The spending plan, signed into law by Gov. Dan McKee today, features a new millionaires’ tax, the state’s first permanent child tax credit, expanded eligibility for its Social Security exemption , AND strategic decoupling from federal business tax provisions.
The Final Frontier of Tax Avoidance: Elon Musk’s SpaceX Has $1.9 Billion to Gain from Defunding the IRS
June 12, 2026 • By Matthew Gardner
A year after Elon Musk’s Department of Government Efficiency (DOGE) cut a swath of destruction through vital federal agencies including the Internal Revenue Service, Musk’s apparent antipathy toward the IRS suddenly makes more sense.
State Rundown 6/11: Taxing the Rich Heats Up
June 11, 2026 • By ITEP Staff
As we head into summer, many state legislatures are in the final stretches of their sessions. Rhode Island moved another step closer to joining the ranks of Washington, Maine, and Hawai’i in enacting a new high-income surcharge this year.
A Growing Number of States Are Taxing the Sale of Advertising
June 11, 2026 • By Nick Johnson
ITEP’s report on taxing advertising identifies some reasons why states are curtailing longstanding sales tax exemptions for the ad sector.
How To Build A Better City Budget
June 9, 2026 • By Rita Jefferson
As rising costs strain our community and household budgets, Philadelphia Mayor Cherelle Parker’s proposed taxes attempted to patch gaping holes with meager solutions.
ITEP in the News
Reuters: Hawaii Considers Gasoline Tax Suspension as Pump Prices Soar
Time: Trump Demands Israel and Iran 'Stop Shooting’ as World Leaders Urge Restraint Amid Renewed Hostilities
The Oklahoman: GOP Candidates Say Income Tax Cuts Would End Oklahoma's Corporate Exodus
NPR: Trump Wants a Gas Tax Holiday. There's a Much Bigger Problem Looming.
The Atlantic: The Gas-Tax Reckoning
ITEP Work in Action
Public Citizen: The Current Price of Zero
Idaho Center for Fiscal Policy: How Federal and State Tax Cuts Shift Costs onto Idaho Families and Communities
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
Washington Center for Equitable Growth: Defining Top Wealth and Income Thresholds for U.S. Tax Policy Design and Analysis
Georgia Budget and Policy Institute: Governor Kemp Unilaterally Issues $344 Million in Spending Cuts To Fund Tax Cuts for Corporations, High Income Earners
ITEP Videos
Video: Jeff Bezos is wrong about taxes.
Video: ITEP's Amy Hanauer Discusses Inequality in the Tax Code with the Center for Economic and Policy Research
Video: The growing cost of higher gas prices.
Across the States
Tax Watch
State Rundown 6/11: Taxing the Rich Heats Up
As we head into summer, many state legislatures are in the final stretches of their sessions. Rhode Island moved another step closer to joining the ranks of Washington, Maine, and Hawai’i in enacting a new high-income surcharge this year.
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Learn more about state taxes across the country, read Who Pays?
State Rundown & On the Map
On the Map
State Rundown 6/11: Taxing the Rich Heats Up
As we head into summer, many state legislatures are in the final stretches of their sessions. Rhode Island moved another step closer to joining the ranks of Washington, Maine, and Hawai’i in enacting a new high-income surcharge this year.
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
Rhode Island Budget Bets on Tax Fairness with Millionaires’ Tax and New Child Tax Credit
June 12, 2026 • By Miles Trinidad
A Growing Number of States Are Taxing the Sale of Advertising
June 11, 2026 • By Nick Johnson
How To Build A Better City Budget
June 9, 2026 • By Rita Jefferson
States Can Raise Billions by Ending a Tax Giveaway to Big Tech
June 4, 2026 • By Nick Johnson
