Tax changes have been proposed or are nearing the finish line in many states. Kentucky is poised to enact an income tax cut ...
Local income taxes can be an important progressive revenue raiser, as they ask more of higher-income households and are ...
Tesla reported $2.3 billion of U.S. income in 2024 but paid zero federal income tax. Over the past three years, the Elon Musk ...
Maryland’s Gov. Wes Moore put forward a tax reform plan that would make the tax system fairer, simpler, and better able to ...
ITEP Local Policy Director Kamolika Das discussed revenue and the reform of fines and fees at this webinar hosted ...
While the country transitions to a new, yet familiar, presidential administration, lawmakers must keep in mind: fighting ...
As we show in our recent study, this is, in part, due to longstanding discrimination shaping racial differences in economic ...
In fact, immigrants who lack permission to be in the U.S. are enmeshed in society with plenty of formal and official documents to their name, from tax returns to mortgages.
The moment Gov. Wes Moore announced his proposal to reform Maryland’s tax system, in part, by raising income tax rates on ...
Fair tax policy depends on prioritizing the well-being of all households, not just the wealthiest. New Jersey, and the nation as a whole, cannot afford to hand special tax breaks to the most affluent ...
The Earned Income Tax Credit (EITC) is a federal tax credit for workers with low and moderate incomes. The EITC helps to bolster their incomes and offset taxes owed; it is effective at reducing ...
The Institute on Taxation and Economic Policy has estimated how much these proposed tax cuts would impact Oklahomans, by income level: ...