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ITEP

@itep.org
4K followers 90 following 623 posts

Informing the debate on tax policy nationwide with research and data-driven solutions. Visit www.itep.org to find our work. More info: linktr.ee/_itep

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ITEP @itep.org · 11h
The Trump administration says its new proposal is designed to keep undocumented immigrants from obtaining certain tax credits. But our new estimates find that nearly 9 in 10 of the affected children are U.S. citizens. itep.org/new-estimate...
itep.org
New Estimates of the Total Number of People and Children in Immigrant Families who Could Lose Eligibility for the Refundable Portions of the Earned Income Tax Credit and Child Tax Credit
This brief was co-authored with the Institute for Equity in Child Opportunity & Healthy Development (IECOHD) at Boston University and…
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ITEP @itep.org · 29/09/2026
A new calculator launched this week by @floridapolicy.bsky.social breaks down the impact on Florida communities. amendment3.floridapolicyinstitute.org
amendment3.floridapolicyinstitute.org
Florida Amendment 3 Impact | Florida Policy Institute
Florida Amendment 3 Calculator. Look up your ZIP code or county to see the local government funding and services that could be affected.
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ITEP @itep.org · 29/09/2026
Florida voters will decide on Amendment 3, which would create a pathway for non-school property tax elimination. If passed, local governments would lose $13.7 billion in the first two years alone, jeopardizing public services that Floridians rely on. itep.org/impact-of-am...
itep.org
Tallying Up the Impact of Florida’s Property Tax Ballot Measure on Local Communities
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...
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ITEP @itep.org · 28/09/2026
California voters will weigh in on a one-time 5% wealth tax on the state's billionaires. Opponents of the plan continue to raise objections, many of which are tenuous and have already been addressed. itep.org/californias-...
itep.org
California’s Prop 40: Responses to Common Objections
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...
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ITEP @itep.org · 25/09/2026
Property tax cuts have led to inequity between wealthy Baby Boomers and everyone else. As our Research Director Carl Davis explains, "Your tax bill should be based on what you can afford to pay. It shouldn't be based on what year you happen to be born." www.businessinsider.com/generational...
businessinsider.com
A generational tax battle has arrived. Millennials struggle to build wealth — while boomers seek tax breaks.
Property tax breaks and Social Security are fueling a generational war over how much millennials and boomers should pay — and who should get relief.
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ITEP @itep.org · 24/09/2026
Overall, Americans have paid $100,368,339,063 more to the oil industry, to date, since prices began to rise. itep.org/iran-war-fue...
itep.org
Iran War Fuel Costs
The Iran War has significantly raised energy prices. This website provides continually updated tabulations of the additional amounts Americans have paid in higher motor fuel costs due to the war. It a...
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ITEP @itep.org · 24/09/2026
The Iran War has already cost Americans more than $100 billion in higher fuel prices. That’s an estimated $750 per household.
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Matthew Gardner @mindthegaap.bsky.social · 08/09/2026
Brinker International, parent corporation of Chili's, reports a surprisingly low 5% federal tax rate, on $579 M of income, in their just-released FY26 annual report. Brinker's tax rate is affected by how it treats its workers and its executives, in opposite ways. (1/x) www.sec.gov/ix?doc=/Arch...
sec.gov
XBRL Viewer
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ITEP @itep.org · 10/09/2026
Where do America's biggest cities get their tax revenue? While property taxes are the biggest source of revenue for over half of the 50 largest cities, income taxes are an important (but underutilized) source of progressive local revenue for several of them.
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ITEP @itep.org · 22/09/2026
Meanwhile, Trump's tariffs have more than offset OBBBA's tax cuts for most Americans. itep.org/tax-provisio...
itep.org
Analysis of Tax Provisions in the Trump Megabill as Signed into Law: National and State Level Estimates
President Trump has signed into law the tax and spending “megabill” that largely favors the richest taxpayers and provides working-class Americans with relatively small tax cuts that will in many case...
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ITEP @itep.org · 22/09/2026
While the Trump administration proposes more dividend checks, the One Big Beautiful Bill Act has already delivered enormous benefits to the richest households. The richest 1% received an average tax cut of $66,000, far more than any other income group. newrepublic.com/post/215604/...
newrepublic.com
The Trump Dividend Checks Have Already Gone Out. Just Not to You.
Here are some things to remember while you’re waiting for that $5,000 the president is promising.
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ITEP @itep.org · 21/09/2026
The Child Tax Credit and Earned Income Tax Credit cut child poverty rates by about 25% last year – less than the previous year. A CTC expansion in 2021 helped reduce child poverty rates by half. Congress can do more to improve these programs. itep.org/new-census-d...
itep.org
New Census Data Show Importance of Refundable Tax Credits and Need for Improvements
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).
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ITEP @itep.org · 18/09/2026
The Trump administration is not publishing data on the gap in unpaid taxes. The most recent estimate of this tax gap was $700 billion in 2022. After severe IRS staff cuts and fewer audits on the wealthy, this gap has likely grown under Trump. www.nytimes.com/2026/09/16/b...
nytimes.com
Billions in Taxes Go Unpaid. Under Trump, the I.R.S. Won’t Say How Much.
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.
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ITEP @itep.org · 17/09/2026
Big Tech companies are getting massive tax breaks for building AI infrastructure that they would have built anyway. As the world’s largest technology companies are already racing to spend on AI, they don’t need more tax breaks. itep.org/big-tech-is-...
itep.org
Big Tech Is Raking in Enormous Tax Breaks for AI Development
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...
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ITEP @itep.org · 17/09/2026
Here are several best practices for states looking to increase the impact of their EITCs. itep.org/state-earned...
itep.org
State Earned Income Tax Credits Will Support Families and Workers in 2027
Nearly two-thirds of states (plus the District of Columbia and Puerto Rico) have an Earned Income Tax Credit. These credits boost low-paid workers’ incomes and offset some of the taxes they pay, helpi...
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ITEP @itep.org · 17/09/2026
Nearly two-thirds of states boost low-paid workers’ incomes and offset some taxes they pay with an Earned Income Tax Credit. Dozens of states have expanded or created EITCs since 2021. These credits help working-class families achieve greater economic security.
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ITEP @itep.org · 16/09/2026
As more states consider creating or strengthening Child Tax Credits, lawmakers should design them for maximum impact. itep.org/state-child-...
itep.org
State Child Tax Credits Will Boost Financial Security for Families and Children in 2027
Sixteen states provide Child Tax Credits to reduce poverty, boost economic security, and invest in children. State lawmakers have several options to maximize the impact of Child Tax Credits.
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ITEP @itep.org · 16/09/2026
16 states provide Child Tax Credits to reduce poverty, boost economic security, and invest in children. This year, 3 states expanded their CTCs, and Rhode Island announced the state's first CTC. These credits amount to a multibillion-dollar investment in the next generation.
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ITEP @itep.org · 16/09/2026
Today, a House committee will weigh in on whether the crypto industry deserves special tax breaks. The answer is a clear no. Crypto has caused more harm than good, and there is no reason to tax it more favorably than other assets and transactions. itep.org/congress-sho...
itep.org
Congress Should Reject Proposed Tax Breaks for Crypto
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 ...
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ITEP @itep.org · 14/09/2026
TurboTax maker Intuit paid zero federal income tax on nearly $6 billion in U.S. profits in 2025. The Trump administration has helped Intuit avoid taxes with OBBBA. It also ended a popular free tax filing program with the IRS. Then Intuit's profits grew by 25%.
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ITEP @itep.org · 14/09/2026
It’s a policy choice that Americans rely on private services to file taxes while these companies don't have to pay anything. itep.org/intuit-turbo...
itep.org
TurboTax Maker Intuit Paid Zero Federal Income Tax in 2025
TurboTax maker Intuit reported nearly $6 billion in U.S. profits in 2025 and paid no federal income tax. Instead, the company received a refund, thanks in part to new tax breaks from OBBBA.
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ITEP @itep.org · 14/09/2026
TurboTax maker Intuit paid zero federal income tax on nearly $6 billion in U.S. profits in 2025. The Trump administration has helped Intuit avoid taxes with OBBBA. It also ended a popular free tax filing program with the IRS. Then Intuit's profits grew by 25%.
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ITEP @itep.org · 11/09/2026
With out-of-control tax breaks, growing consumer costs, and environmental concerns, state lawmakers need to call a timeout on their data center subsidies. itep.org/states-are-o...
itep.org
States Are Opening a Pandora’s Box of Data Centers
State governments are rushing to offer billions of dollars in subsidies to data center construction, apparently without understanding their full costs.
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ITEP @itep.org · 11/09/2026
More state lawmakers are losing their appetite for data center tax breaks as revenue losses balloon out of control. It's clear that these enormous tax breaks were a race to the bottom without a full understanding of the costs. www.wsj.com/politics/pol...
wsj.com
States That Gave Data Centers Billions in Tax Breaks Are Now Ripping Up the Deals
Amazon, Meta and Google risk losing decadeslong exemptions due to a backlash against their facilities
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ITEP @itep.org · 10/09/2026
Large cities have more flexibility to improve tax fairness than many people realize. itep.org/how-the-50-l...
itep.org
How the 50 Largest American Cities Raise Revenue and What That Means for Tax Equity
Large cities have the technical capacity, the economic base, and often more political might than smaller localities and governments that local officials should utilize to design fairer tax systems.
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ITEP @itep.org · 10/09/2026
Where do America's biggest cities get their tax revenue? While property taxes are the biggest source of revenue for over half of the 50 largest cities, income taxes are an important (but underutilized) source of progressive local revenue for several of them.
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ITEP @itep.org · 10/09/2026
The tax increase from Trump’s tariffs, along with the expiration of health care tax credits, more than offsets OBBBA tax cuts for most Americans. Meanwhile, OBBBA will provide $1 trillion in tax cuts for the richest 1% over a decade. itep.org/trump-obbba-...
itep.org
State-by-State Estimates of the First Year of Trump’s Tax Policies: All But the Richest Americans Face Higher Taxes
As a result of the tax policies approved by President Trump and the Republican majority in Congress, all but the richest Americans are paying higher taxes on average in 2026 than they did last year.
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ITEP @itep.org · 10/09/2026
Tax policies under the second Trump administration have mostly asked more from working families and fueled wealth inequality. The combined impact of tariffs, ending health care tax credits, and OBBBA results in a tax increase for most Americans except the richest 5%.
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ITEP @itep.org · 09/09/2026
A federal appeals court ruled against the Trump administration's attempt to weaponize the IRS for immigration efforts. This misuse violates privacy laws that protect taxpayers and seriously damages public trust in the IRS if paying taxes were ever to be used against them.
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ITEP @itep.org · 08/09/2026
States across the country are giving voters a say in their tax system. These choices range from taxes on the wealthy that could fund public services to costly tax cuts that would have serious consequences. Here's some of what we're following: itep.org/2026-state-t...
itep.org
2026 State Tax Ballot Measures to Watch
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.
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Sam Pizzigati @sgp.bsky.social · 04/09/2026
“Trump's tariffs have played out as a straightforward redistribution of income from ordinary Americans to corporations, much like the two other major tax cuts he’s pushed through as president.” #inequality @itep.org @mindthegaap.bsky.social itep.org/the-only-win...
itep.org
The Only Winners from Trump’s Tariffs Are Big Corporations
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...
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ITEP @itep.org · 04/09/2026
Companies are keeping much of the $166 billion in tariff refunds despite passing the costs down to consumers. President Trump's illegal tariffs have played out as a straightforward redistribution of income from ordinary Americans to corporations. itep.org/the-only-win...
itep.org
The Only Winners from Trump’s Tariffs Are Big Corporations
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...
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Bell Policy Center @bellpolicy.bsky.social · 01/09/2026
It's official 🥳 Income Tax Fairness is on the ballot! Colorado's tax system is broken. A nurse or teacher making $50K pays the same rate as a millionaire or giant corporation. Under Initiative 195, 97% of taxpayers get a tax cut, & no one under $500K pays a penny more. #copolitics
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ITEP @itep.org · 02/09/2026
Given the enormous profits and wealth arising from targeted advertising, states should continue to explore additional ways to fairly tax those profits and wealth. itep.org/a-growing-nu...
itep.org
A Growing Number of States Are Taxing the Sale of Advertising
ITEP’s report on taxing advertising identifies some reasons why states are curtailing longstanding sales tax exemptions for the ad sector.
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ITEP @itep.org · 02/09/2026
Lawmakers have many options to tax Big Tech. Here’s one. More states are revisiting their tax treatment on advertising – now a major revenue source for Big Tech. Illinois, Utah, and Washington have recently enacted new taxes on advertising, and other states are considering it.
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ITEP @itep.org · 01/09/2026
We know who benefits the most when the IRS doesn't have enough staff to dedicate to audits. It's the richest Americans.
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ITEP @itep.org · 01/09/2026
Revenue from IRS audits dropped by a staggering 35% last year, according to the Treasury Inspector General for Tax Administration. The IRS has lost about 25% of its employees since President Trump took office, limiting the agency’s ability to conduct audits.
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ITEP @itep.org · 31/08/2026
Since 2021, there has been a flurry of new and expanded state Child Tax Credits and Earned Income Tax Credits. It speaks to the popularity of these credits and the need to boost the financial security of families and children across the country. itep.org/state-action...
itep.org
State Action on Child Tax Credits and Earned Income Tax Credits Since 2021
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 ...
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ITEP @itep.org · 28/08/2026
itep.org/iran-war-fue...
itep.org
Iran War Fuel Costs
The Iran War has significantly raised energy prices. This website provides continually updated tabulations of the additional amounts Americans have paid in higher motor fuel costs due to the war. It a...
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ITEP @itep.org · 28/08/2026
The ongoing war in Iran has left Americans dealing with soaring fuel prices. U.S. households have paid $82 billion more in higher fuel costs so far. That number will approach $100 billion by next month.
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ITEP @itep.org · 27/08/2026
itep.org/relentless-s...
itep.org
Relentless State Income Tax Cuts Add Up to Massive Giveaways for the Wealthy
Today's state income tax cutting is defined less by sweeping one-time reforms than by sustained campaigns to ratchet down income tax rates year after year. This approach enables lawmakers to enshrine ...
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ITEP @itep.org · 27/08/2026
More states are quietly reducing their top income tax rates through repeated, incremental cuts. In this decade alone, states have cut their top personal income tax rates 71 times. These repeated cuts add up to enormous tax giveaways for the wealthiest households.
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ITEP @itep.org · 26/08/2026
itep.org/tax-credit-r...
itep.org
The Impact of Proposed New Tax Credit Restrictions for Immigrant Filers: An Updated Analysis of the DACA Recipient Population
New Treasury Department public regulations would drastically reduce tax credit claims by DACA recipients and their families, among others. We find that 158,000 people in households with at least one D...
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ITEP @itep.org · 26/08/2026
The Trump administration is attempting to reduce tax credits for certain lawfully present immigrant groups. Affected DACA recipients and their families stand to lose $4,560 in tax credits per year. This is the administration's latest attempt to target hard-working immigrant families.
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ITEP @itep.org · 25/08/2026
Americans paid higher prices due to illegal tariffs, yet refunds are mostly going to corporations. ITEP's Michael Ettlinger explains, "It's all just a giant transfer from consumers to corporations, which - you can't really design a worse tax than that." www.npr.org/2026/08/24/n...
npr.org
U.S. businesses are getting tariff refunds. Will customers get any money back?
Companies have received tariff refunds. What about consumers? Some companies are providing refunds while others decline.
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ITEP @itep.org · 24/08/2026
Only a handful of states have opted out of this costly tax break that allows millionaire investors to pay zero income tax on their profits. The rest that haven't opted out are on track to lose over $1 billion in collective revenue per year. itep.org/which-states...
itep.org
Which States Have Not Decoupled from QSBS in 2026?
QSBS allows millionaire investors to pay zero income tax on their profits.
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ITEP @itep.org · 21/08/2026
H&R Block can thank the Trump administration for ending Direct File, the IRS program that allowed Americans to file their taxes for free. Tax prep giants have successfully lobbied to keep Americans dependent on their services to file taxes.
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ITEP @itep.org · 20/08/2026
H&R Block paid zero federal income tax on over half a billion in U.S profits last year. Part of its tax strategy was reporting a third of its global profits in Ireland, a low-tax country where the company offers no tax services and has only 15 employees. itep.org/trump-admini...
itep.org
The Trump Administration Slashed Taxes for H&R Block and Raised Costs for Tax Filers
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...
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ITEP @itep.org · 19/08/2026
Once again, the Trump administration is targeting immigrants. This excessively harsh attempt to take tax credits away from lawfully present immigrants and their families lacks a sound policy rationale as much as it lacks humanity. itep.org/trump-admini...
itep.org
Five Things to Know About the Trump Administration’s New Effort to Deny Tax Credits to Lawfully Present Immigrants
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...
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ITEP @itep.org · 19/08/2026
There is no other cause — not children’s hospitals, veterans’ groups, or disaster relief — that taxpayers can contribute to and see the entire cost of their contribution bankrolled by the federal government. itep.org/trump-megabi...
itep.org
Megabill Takes Cap Off Unprecedented Private School Voucher Tax Credit, Potentially Raising Cost by Tens of Billions Relative to Earlier Version
It is clear that this tax credit has the potential to come with an enormous cost if private school groups are successful in convincing their supporters to participate. In these times of very high debt...
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