ITEP
@itep.org
Informing the debate on tax policy nationwide with research and data-driven solutions.
Visit www.itep.org to find our work.
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Visit www.itep.org to find our work.
More info: linktr.ee/_itep
Wealth inequality gets worse when working households pay more in taxes than wealthy owners.
States have a simple way to address this problem and raise much-needed revenue.
It's well past time for a Wealth Proceeds Tax.
States have a simple way to address this problem and raise much-needed revenue.
It's well past time for a Wealth Proceeds Tax.
October 30, 2025 at 4:44 PM
Wealth inequality gets worse when working households pay more in taxes than wealthy owners.
States have a simple way to address this problem and raise much-needed revenue.
It's well past time for a Wealth Proceeds Tax.
States have a simple way to address this problem and raise much-needed revenue.
It's well past time for a Wealth Proceeds Tax.
The government gives tax breaks to the wealthy for buying private jets.
But health care tax credits that support millions of middle- and low-income Americans get cut.
Yet another example that shows we have two tax codes, one for the rich and one for everyone else.
But health care tax credits that support millions of middle- and low-income Americans get cut.
Yet another example that shows we have two tax codes, one for the rich and one for everyone else.
October 27, 2025 at 4:40 PM
The government gives tax breaks to the wealthy for buying private jets.
But health care tax credits that support millions of middle- and low-income Americans get cut.
Yet another example that shows we have two tax codes, one for the rich and one for everyone else.
But health care tax credits that support millions of middle- and low-income Americans get cut.
Yet another example that shows we have two tax codes, one for the rich and one for everyone else.
Most people agree that progressive tax codes — where the wealthy pay a higher tax rate than low- and middle-income families — are fair.
But most of our state & local tax systems are regressive, leading to widening inequality and underfunded public services.
But most of our state & local tax systems are regressive, leading to widening inequality and underfunded public services.
October 24, 2025 at 4:39 PM
Most people agree that progressive tax codes — where the wealthy pay a higher tax rate than low- and middle-income families — are fair.
But most of our state & local tax systems are regressive, leading to widening inequality and underfunded public services.
But most of our state & local tax systems are regressive, leading to widening inequality and underfunded public services.
As states figure out which federal tax changes are worth keeping, here's one that isn't.
This tax break gives virtually all its benefits to millionaire and billionaire venture capitalists.
Keeping it would cost $1.2 billion in yearly revenue across 38 states.
This tax break gives virtually all its benefits to millionaire and billionaire venture capitalists.
Keeping it would cost $1.2 billion in yearly revenue across 38 states.
October 23, 2025 at 6:46 PM
As states figure out which federal tax changes are worth keeping, here's one that isn't.
This tax break gives virtually all its benefits to millionaire and billionaire venture capitalists.
Keeping it would cost $1.2 billion in yearly revenue across 38 states.
This tax break gives virtually all its benefits to millionaire and billionaire venture capitalists.
Keeping it would cost $1.2 billion in yearly revenue across 38 states.
The tax cuts Trump signed earlier this year barely reach the bottom 40% of Americans.
Any tax cuts they might see will be negated by tariffs that ask more from lower-income Americans.
Any tax cuts they might see will be negated by tariffs that ask more from lower-income Americans.
October 20, 2025 at 4:34 PM
The tax cuts Trump signed earlier this year barely reach the bottom 40% of Americans.
Any tax cuts they might see will be negated by tariffs that ask more from lower-income Americans.
Any tax cuts they might see will be negated by tariffs that ask more from lower-income Americans.
This year's major tax changes overwhelmingly benefit the wealthy.
Any benefits for the bottom 40% of Americans are wiped out by tariffs and expired health care tax credits.
As wealth inequality worsens, this only fuels it.
Any benefits for the bottom 40% of Americans are wiped out by tariffs and expired health care tax credits.
As wealth inequality worsens, this only fuels it.
October 17, 2025 at 2:42 PM
This year's major tax changes overwhelmingly benefit the wealthy.
Any benefits for the bottom 40% of Americans are wiped out by tariffs and expired health care tax credits.
As wealth inequality worsens, this only fuels it.
Any benefits for the bottom 40% of Americans are wiped out by tariffs and expired health care tax credits.
As wealth inequality worsens, this only fuels it.
These five states gave the biggest tax cuts to millionaires this year.
The average millionaire in these states will receive an annual tax cut worth more than 50x the average tax cut for non-millionaires.
These states could lose more than $2.2 billion in revenue per year.
The average millionaire in these states will receive an annual tax cut worth more than 50x the average tax cut for non-millionaires.
These states could lose more than $2.2 billion in revenue per year.
October 16, 2025 at 7:32 PM
These five states gave the biggest tax cuts to millionaires this year.
The average millionaire in these states will receive an annual tax cut worth more than 50x the average tax cut for non-millionaires.
These states could lose more than $2.2 billion in revenue per year.
The average millionaire in these states will receive an annual tax cut worth more than 50x the average tax cut for non-millionaires.
These states could lose more than $2.2 billion in revenue per year.
The new Trump tax law could throw state tax systems out of balance.
Our webinar will explore how states can chart their own course.
Learn more on our homepage, or sign up here:
us02web.zoom.us/webinar/regi...
Our webinar will explore how states can chart their own course.
Learn more on our homepage, or sign up here:
us02web.zoom.us/webinar/regi...
September 26, 2025 at 3:55 PM
The new Trump tax law could throw state tax systems out of balance.
Our webinar will explore how states can chart their own course.
Learn more on our homepage, or sign up here:
us02web.zoom.us/webinar/regi...
Our webinar will explore how states can chart their own course.
Learn more on our homepage, or sign up here:
us02web.zoom.us/webinar/regi...
It’s not a mystery which policy tools can reduce poverty.
Any lawmaker serious about helping struggling families should push for a permanent expansion of the Child Tax Credit.
Otherwise, families across the country face unnecessary hardship.
Any lawmaker serious about helping struggling families should push for a permanent expansion of the Child Tax Credit.
Otherwise, families across the country face unnecessary hardship.
September 23, 2025 at 2:23 PM
It’s not a mystery which policy tools can reduce poverty.
Any lawmaker serious about helping struggling families should push for a permanent expansion of the Child Tax Credit.
Otherwise, families across the country face unnecessary hardship.
Any lawmaker serious about helping struggling families should push for a permanent expansion of the Child Tax Credit.
Otherwise, families across the country face unnecessary hardship.
We're glad to have our director @amyhanauer.bsky.social featured in "Death & Taxes," a documentary about wealth, inequality, and the American Dream.
September 4, 2025 at 3:18 PM
We're glad to have our director @amyhanauer.bsky.social featured in "Death & Taxes," a documentary about wealth, inequality, and the American Dream.
What would a middle- and working-class tax cut actually look like?
- Keep the 2017 tax cuts for those making under $400,00
- Expand the CTC
- Don't extend corporate and high-income tax cuts
This approach would be much fairer than the new law and cost half as much in revenue.
- Keep the 2017 tax cuts for those making under $400,00
- Expand the CTC
- Don't extend corporate and high-income tax cuts
This approach would be much fairer than the new law and cost half as much in revenue.
August 21, 2025 at 3:19 PM
What would a middle- and working-class tax cut actually look like?
- Keep the 2017 tax cuts for those making under $400,00
- Expand the CTC
- Don't extend corporate and high-income tax cuts
This approach would be much fairer than the new law and cost half as much in revenue.
- Keep the 2017 tax cuts for those making under $400,00
- Expand the CTC
- Don't extend corporate and high-income tax cuts
This approach would be much fairer than the new law and cost half as much in revenue.
72% of Trump's tax cuts will go to the richest fifth of Americans in 2026.
But President Trump and Congressional Republicans continue to promote the idea that these tax cuts mainly benefit regular Americans.
Here's what’s in it for the wealthy.
But President Trump and Congressional Republicans continue to promote the idea that these tax cuts mainly benefit regular Americans.
Here's what’s in it for the wealthy.
August 19, 2025 at 2:37 PM
72% of Trump's tax cuts will go to the richest fifth of Americans in 2026.
But President Trump and Congressional Republicans continue to promote the idea that these tax cuts mainly benefit regular Americans.
Here's what’s in it for the wealthy.
But President Trump and Congressional Republicans continue to promote the idea that these tax cuts mainly benefit regular Americans.
Here's what’s in it for the wealthy.
Looking to join the fight for tax fairness? ITEP is hiring policy and communications interns for this fall.
You can submit your application by emailing a resume and cover letter to [email protected].
You can submit your application by emailing a resume and cover letter to [email protected].
August 12, 2025 at 7:45 PM
Looking to join the fight for tax fairness? ITEP is hiring policy and communications interns for this fall.
You can submit your application by emailing a resume and cover letter to [email protected].
You can submit your application by emailing a resume and cover letter to [email protected].
Mississippi is now on a dangerous path to fully eliminating its state income tax.
Once fully implemented, the state will lose $2.5 billion per year.
This will lead to significant budget instability and place public services at risk, all while largely benefiting the rich.
Once fully implemented, the state will lose $2.5 billion per year.
This will lead to significant budget instability and place public services at risk, all while largely benefiting the rich.
August 12, 2025 at 3:01 PM
Mississippi is now on a dangerous path to fully eliminating its state income tax.
Once fully implemented, the state will lose $2.5 billion per year.
This will lead to significant budget instability and place public services at risk, all while largely benefiting the rich.
Once fully implemented, the state will lose $2.5 billion per year.
This will lead to significant budget instability and place public services at risk, all while largely benefiting the rich.
Trump’s tariffs could offset most of the megabill’s tax cuts for the bottom 80% of Americans.
For the bottom 40% of Americans, the tariffs would be greater than the tax cuts.
Higher prices will impact low- to middle-income households more than the wealthy.
For the bottom 40% of Americans, the tariffs would be greater than the tax cuts.
Higher prices will impact low- to middle-income households more than the wealthy.
July 14, 2025 at 2:46 PM
Trump’s tariffs could offset most of the megabill’s tax cuts for the bottom 80% of Americans.
For the bottom 40% of Americans, the tariffs would be greater than the tax cuts.
Higher prices will impact low- to middle-income households more than the wealthy.
For the bottom 40% of Americans, the tariffs would be greater than the tax cuts.
Higher prices will impact low- to middle-income households more than the wealthy.
Congress has passed Trump's megabill. It will provide enormous tax cuts to the wealthiest people in this country while taking away health care and food assistance from millions of families.
This bill will only widen the already-huge chasm between the rich and the rest of America.
This bill will only widen the already-huge chasm between the rich and the rest of America.
July 3, 2025 at 6:51 PM
Congress has passed Trump's megabill. It will provide enormous tax cuts to the wealthiest people in this country while taking away health care and food assistance from millions of families.
This bill will only widen the already-huge chasm between the rich and the rest of America.
This bill will only widen the already-huge chasm between the rich and the rest of America.
The centerpiece of Trump's megabill is a trillion-dollar tax cut to the wealthy, paid for by increasing the national debt and cutting public services.
July 3, 2025 at 5:13 PM
The centerpiece of Trump's megabill is a trillion-dollar tax cut to the wealthy, paid for by increasing the national debt and cutting public services.
Americans will pay more due to cuts to health care and other services.
Future generations will pay for the multitrillion-dollar debt increase.
And what for? Massive, expensive tax cuts to the wealthiest few.
Future generations will pay for the multitrillion-dollar debt increase.
And what for? Massive, expensive tax cuts to the wealthiest few.
July 2, 2025 at 1:52 PM
Americans will pay more due to cuts to health care and other services.
Future generations will pay for the multitrillion-dollar debt increase.
And what for? Massive, expensive tax cuts to the wealthiest few.
Future generations will pay for the multitrillion-dollar debt increase.
And what for? Massive, expensive tax cuts to the wealthiest few.
Under the Senate tax plan, Trump’s tariffs would offset most of the tax cuts for the bottom 80% of Americans.
For the bottom 40% of Americans, the tariffs would be greater than the tax cuts.
Working-class Americans pay more for the tax cuts given to the wealthiest few.
For the bottom 40% of Americans, the tariffs would be greater than the tax cuts.
Working-class Americans pay more for the tax cuts given to the wealthiest few.
July 1, 2025 at 2:36 PM
Under the Senate tax plan, Trump’s tariffs would offset most of the tax cuts for the bottom 80% of Americans.
For the bottom 40% of Americans, the tariffs would be greater than the tax cuts.
Working-class Americans pay more for the tax cuts given to the wealthiest few.
For the bottom 40% of Americans, the tariffs would be greater than the tax cuts.
Working-class Americans pay more for the tax cuts given to the wealthiest few.
Congress is about to pass massive tax cuts that overwhelmingly benefits the wealthiest Americans.
In three states, the richest 1% could gain an average of over $100,000 worth of tax cuts in just one year.
Find your state here:
In three states, the richest 1% could gain an average of over $100,000 worth of tax cuts in just one year.
Find your state here:
June 30, 2025 at 7:06 PM
Congress is about to pass massive tax cuts that overwhelmingly benefits the wealthiest Americans.
In three states, the richest 1% could gain an average of over $100,000 worth of tax cuts in just one year.
Find your state here:
In three states, the richest 1% could gain an average of over $100,000 worth of tax cuts in just one year.
Find your state here:
Here’s how much the richest 1% would receive in each state next year from the version of the tax and spending bill Senate Republicans are trying to pass. itep.org/analysis-of-...
June 28, 2025 at 5:17 PM
Here’s how much the richest 1% would receive in each state next year from the version of the tax and spending bill Senate Republicans are trying to pass. itep.org/analysis-of-...
Congress usually doesn't set out to create a tax shelter.
But Senate Republicans now want to create a permanent, 100% tax credit for private school voucher donations.
Billions in public revenue that could fund public schools will go to vouchers instead.
But Senate Republicans now want to create a permanent, 100% tax credit for private school voucher donations.
Billions in public revenue that could fund public schools will go to vouchers instead.
June 24, 2025 at 7:10 PM
Congress usually doesn't set out to create a tax shelter.
But Senate Republicans now want to create a permanent, 100% tax credit for private school voucher donations.
Billions in public revenue that could fund public schools will go to vouchers instead.
But Senate Republicans now want to create a permanent, 100% tax credit for private school voucher donations.
Billions in public revenue that could fund public schools will go to vouchers instead.
The tax bill in Congress would help the rich by increasing the estate tax exemption.
@amyhanauer.bsky.social: "So a couple would be able to leave $29.99 million to their heirs before anyone pays a penny in estate tax."
@kaine.senate.gov: "I guess they assume $30 million would just be too much."
@amyhanauer.bsky.social: "So a couple would be able to leave $29.99 million to their heirs before anyone pays a penny in estate tax."
@kaine.senate.gov: "I guess they assume $30 million would just be too much."
June 17, 2025 at 8:19 PM
The tax bill in Congress would help the rich by increasing the estate tax exemption.
@amyhanauer.bsky.social: "So a couple would be able to leave $29.99 million to their heirs before anyone pays a penny in estate tax."
@kaine.senate.gov: "I guess they assume $30 million would just be too much."
@amyhanauer.bsky.social: "So a couple would be able to leave $29.99 million to their heirs before anyone pays a penny in estate tax."
@kaine.senate.gov: "I guess they assume $30 million would just be too much."
Here are the latest estimates from the Congressional Budget Office on the tax and spending bill moving through Congress right now.
That's about a third of all Americans who would be worse off while the rich get much richer. www.cbo.gov/publication/...
That's about a third of all Americans who would be worse off while the rich get much richer. www.cbo.gov/publication/...
June 12, 2025 at 4:15 PM
Here are the latest estimates from the Congressional Budget Office on the tax and spending bill moving through Congress right now.
That's about a third of all Americans who would be worse off while the rich get much richer. www.cbo.gov/publication/...
That's about a third of all Americans who would be worse off while the rich get much richer. www.cbo.gov/publication/...
While North Carolina lawmakers face more pressure to fund infrastructure and essential services, some Senators want another massive tax cut for the rich.
Here’s a look at how generous the Senate proposal is for NC millionaires.
Here’s a look at how generous the Senate proposal is for NC millionaires.
June 12, 2025 at 3:24 PM
While North Carolina lawmakers face more pressure to fund infrastructure and essential services, some Senators want another massive tax cut for the rich.
Here’s a look at how generous the Senate proposal is for NC millionaires.
Here’s a look at how generous the Senate proposal is for NC millionaires.