This brief was co-authored with the Institute for Equity in Child Opportunity & Healthy Development (IECOHD) at Boston University and…

Florida voters will soon vote on Amendment 3, which would create a pathway for non-school property tax elimination in the state. If passed, the measure would cost local governments $13.7 billion in th...

Proposition 40, California’s proposed billionaire tax, is a one-time 5 percent levy that addresses a significant one-time emergency, namely the cuts made to the healthcare system by the so-called “One...

Property tax breaks and Social Security are fueling a generational war over how much millennials and boomers should pay — and who should get relief.

Here are some things to remember while you’re waiting for that $5,000 the president is promising.

The Child Tax Credit actually moved fewer children out of poverty in 2025 than it did in 2024 prior to Congress passing the so-called "One Big Beautiful Bill Act" (OBBBA).

The absence of the annual estimate on the tax gap could make it more difficult to assess whether more taxes are going unpaid since President Trump took office.

OBBBA’s expensing provision is becoming especially lucrative for the companies building out AI infrastructure right now. There is no evidence whatsoever that tax breaks are necessary to encourage thei...

Crypto provides no clear benefit and instead harms society in several ways. Even if crypto was useful in some way that outweighed the harms it causes, there is no reason to make exceptions that treat ...

Amazon, Meta and Google risk losing decadeslong exemptions due to a backlash against their facilities

This fall, voters across the country will consider a host of ballot measures that could reshape the fairness and adequacy of their states’ tax systems. Here’s some of what we’re following.

Companies passed Trump's tariffs on to American consumers in the form of higher retail prices. But after SCOTUS ruled the tariffs were illegal, the tariff refunds have not generally been passed onto c...

Companies passed Trump's tariffs on to American consumers in the form of higher retail prices. But after SCOTUS ruled the tariffs were illegal, the tariff refunds have not generally been passed onto c...

Since 2021, there has been a flurry of new and expanded state Child Tax Credits and Earned Income Tax Credits. This continued momentum speaks to the power and popularity of these credits and the need ...

Companies have received tariff refunds. What about consumers? Some companies are providing refunds while others decline.

QSBS allows millionaire investors to pay zero income tax on their profits.

Tax-prep giant H&R Block paid no federal taxes on its U.S. income in 2025. It also made a public disclosure, required by the European Union, characterizing one-third of its global profits as earned in...

Today the Trump administration proposed new regulations seeking to drastically reduce the tax credits that certain immigrant tax filers can claim. The affected credits include the Earned Income Tax Cr...

A tax policy expert says taxes may no longer be on the short list of life's certainties.

Home Depot is eschewing price hikes related to tariffs as President Trump warns companies against raising consumer prices.

Corporate taxes, economic inequality & who pays for government.

Three popular state tax credits support families with children: the Child Tax Credit (CTC, or child credit), the Child and…

We're hearing a lot of misinformation on the Millionaires Tax. Some ultra-wealthy people and special interest groups who don’t want to pay this tax are pushing the false narrative of “millionaire tax ...

The rules, intended to combat money laundering and other financial crimes, imposed an undue burden on American businesses, Treasury Secretary Scott Bessent said.

The Institute on Taxation and Economic Policy (ITEP) seeks a state tax policy professional (Senior Analyst) to join our State Policy Team. Our dedicated, congenial, influential staff works with policy...

This fall, Congress could allow billions of dollars in IRS funding to disappear on autopilot. However, the Stop CHEATERS Act would restore the multi-year mandatory funding rescinded from the IRA and a...

Congress could use its taxing power to ensure a fairer distribution of the fruits of labor, innovation and investment, address the specific harms (the negative externalities) of AI specifically, and a...

Twenty states have sales tax holidays on the books in 2026, two more than last year. The combined annual cost to state and local budgets this year is estimated to be around $600 million.