The Institute on Taxation and Economic Policy
What's New
As Inequality Grows, More States Look to Tax the Rich
May 28, 2026 • By Alex Welch
From surcharges on the income of high-earners to higher taxes on second homes, here are recent steps states have taken to tax the rich.
Jeff Bezos’ Amazon Received Almost 10 Percent of Corporate Tax Subsidies Last Year
May 21, 2026 • By Matthew Gardner, Steve Wamhoff
Amazon received $17.5 billion in tax subsidies in 2025. That’s about 10% of all federal income tax subsidies for publicly traded corporations in 2025.
State Rundown 5/21: A Flurry of Tax Decisions as Legislatures Wrap
May 21, 2026 • By ITEP Staff
As more legislative sessions come to an end, states are making final decisions on tax and budget policies.
The ‘Black Women Best’ Framework: An Innovative Method for Showing How Inheritance Taxes Affect the Racial Wealth Gap
May 20, 2026 • By Brakeyshia Samms, Francine Lipman
The approach posits that if policies improve the economic wellbeing of Black women, they will benefit the broader economic health of the rest of the population.
High Gas Prices Weigh on Americans as Summer Travel Season Begins
May 19, 2026 • By Carl Davis
As of May 19, Americans have already spent $39 billion more for motor fuel (both gasoline and diesel) because of the Iran War. This number is growing by the day.
ITEP in the News
The Atlantic: The Gas-Tax Reckoning
Associated Press: Memorial Day: Higher Fuel Prices Have Some Americans Scaling Back Their Travel Plans
USA Today: Jeff Bezos says these Americans should pay 'zero' federal taxes
CNBC: Jeff Bezos Says Bottom Half of Earners Should Pay Zero in Income Taxes
The Independent: ‘Dirty Deal’: Trump Bailed Himself Out of IRS Trouble and Got a $1.8B ‘Slush Fund’ for Allies. Legal Experts Sound the Alarm
ITEP Work in Action
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
PEW: The Remote Work Challenge: Lessons From 5 Cities
DC Fiscal Policy Institute: Restoring Tax Credits Would Benefit Nearly 62,000 DC Children
ITEP Videos
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.
Video: Any plans to tax the ultra-rich should include this.
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.
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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 5/21: A Flurry of Tax Decisions as Legislatures Wrap
As more legislative sessions come to an end, states are making final decisions on tax and budget policies.
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
As Inequality Grows, More States Look to Tax the Rich
May 28, 2026 • By Alex Welch
Tax the Rich, Fund Our Communities: Local Options for Progressive Revenue
May 18, 2026 • By Angelo Pis-Dudot, Nick Johnson, Rita Jefferson
The Bears Bill Is Bad by Design. Here’s How.
May 13, 2026 • By Amanda Kass, Kristan Wong Karinen, Rita Jefferson
Taxing Advertising Would Modernize State Sales Tax Bases for the Information Age
May 7, 2026 • By Nick Johnson
