Institute on Taxation and Economic Policy

Founded in 1980, the Institute on Taxation and Economic Policy (ITEP) is a non-profit, non-partisan research organization, based in Washington, DC, that focuses on federal and state tax policy. ITEP's mission is to inform policymakers and the public of the effects of current and proposed tax policies on tax fairness, government budgets, and sound economic policy. ITEP’s full body of research is available at www.itepnet.org.

Releases by this organization

Newswire article
Wednesday, March 25, 2020
New Analysis Shows Average Rebate for Families in the Senate Stimulus Bill
The Senate agreed to a compromise stimulus bill last night that improves on flaws in its initial bill but still fails to go as far as other proposals and leaves out immigrants who file taxes via Individual Taxpayer Identification Numbers (ITIN), the Institute on Taxation and Economic Policy said...
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Newswire article
Wednesday, May 22, 2019
Understanding Five Major Federal Tax Credit Proposals
Federal lawmakers have recently announced at least five proposals to significantly expand existing tax credits or create new ones to benefit low- and moderate-income people. While these proposals vary a great deal and take different approaches, all would primarily benefit taxpayers in income groups...
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Newswire article
Thursday, April 11, 2019
60 Fortune 500 Companies Avoided All Federal Income Tax in 2018 Under New Tax Law
An in-depth analysis of Fortune 500 companies’ financial filings finds that at least 60 of the nation’s biggest corporations didn’t pay a dime in federal income taxes in 2018 on a collective $79 billion in profits, the Institute on Taxation and Economic Policy said today. If these companies paid...
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Newswire article
Monday, November 06, 2017
New Report: Wealthy Taxpayers Would Receive Growing Share of GOP's Tax Cut Plan Over Time
A national and 50-state distributional analysis of the House tax plan released late last week reveals that not only would the wealthiest 1 percent receive the greatest share of the total tax cut in year one, but their share would grow over time due to phase-ins of tax cuts that mostly benefit the...
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Newswire article
Thursday, September 22, 2011
How 47 Governors Can Mitigate the Worsening Poverty in Their States: Four Tax Reforms That Help the Working Poor
With today’s Census data showing that 47 states now have more citizens living in poverty than a year ago, it is remarkable that four states (ME, MI, MN, WI) have recently raised taxes on the working poor by reducing targeted tax credits, and seven states (AK, AL, FL, MS, NV, TN, TX) offer no anti-poverty tax credits at all.
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