Institute on Taxation and Economic Policy (ITEP)

The Institute on Taxation and Economic Policy

Year One of Trump-Republican Tax Policy: The Consequences

Year One of Trump-Republican Tax Policy: The Consequences

What's New

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States Can Raise Billions by Ending a Tax Giveaway to Big Tech

June 4, 2026 • By Nick Johnson

An advertising tax offers a way to raise significant money from a sector of the economy that has been getting a free ride for decades.

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State Rundown 6/4: Fiscal Flowers and Weeds Bloom in June

June 4, 2026 • By ITEP Staff

A veritable superbloom of tax and budget policies occurred over these last few weeks, including both flowers worth admiring and weeds worth fighting back.

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Repealing North Carolina’s Corporate Tax is an Even Worse Idea Than You Think

June 3, 2026 • By Carl Davis

North Carolina’s corporate tax cuts aren’t an incentive for economic growth. They’re a windfall for multinational companies that happen to sell into our state, regardless of whether they’ve made any meaningful investments here or not.

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NYC and Montana Lead the Way on Second-Home Taxes

June 1, 2026 • By Rita Jefferson

Second home taxes make a lot of sense for communities struggling with housing costs for full-time residents. They can raise real revenues too, which can be used to support further affordable housing development.

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Major Oil and Gas Corporations Pay Little in U.S. Tax

May 29, 2026 • By Claire Lynch

The oil and gas industry has long been known for widespread tax avoidance. Now, thanks to new disclosure rules, we have a better picture of how this occurs.

More Recent Work

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 6/4: Fiscal Flowers and Weeds Bloom in June

A veritable superbloom of tax and budget policies occurred over these last few weeks, including both flowers worth admiring and weeds worth fighting back.

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…

The ITEP Guide to State & Local Taxes

The ITEP Guide to State & Local Taxes offers citizens, advocates, journalists, and policymakers a detailed primer on state and local tax policy. Learn more about the three main sources of revenue (income, property, and sales) and the major principles that shape tax codes and discussions.

Tax Principles

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Income & Profits

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Property & Wealth

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Sales & Use

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Other Revenues

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