The income restrictions under the Child Tax Credit still favor wealthier families. While a small number of children are ineligible for the full credit because their families earn too much, far more children are ineligible because their families earn too little.

Our friends at @itep.org dig into how the Millionaires Tax and the expanded Working Families Tax Credit will have a positive impact on the well-being of people throughout our state and how it will improve our inequitable tax code! #WaLeg #WaGov

Washington state is on its way to enacting a millionaires’ tax. The plan comes with significant boosts in public education and child care along with more revenue from the wealthiest households that have been paying the lowest tax rates in the state. itep.org/washington-m...

This tax season, corporations are avoiding billions in taxes — paid for by the largest cuts to SNAP and Medicaid in history under the Republican Tax Law. See from @itep.org how much billionaires are saving thanks to cuts to our health care and food assistance.

The tax bill Trump signed last year gives $1 trillion in tax cuts to the richest 1% of households over the next decade. How do Senators Cruz and Scott plan to follow that up? With another $200 billion handout to the rich. www.washingtonpost.com/business/202...

The tiny Child Tax Credit boost in the One Big Beautiful Bill Act still leaves millions of families behind while disproportionately benefiting high-income households. There are better alternatives that would help the children who need it most. itep.org/child-tax-cr...

Over 150 members of Congress last week introduced a bill to bring back the IRS’s free tax filing program and make Direct File permanent. The Trump administration ended this program last year despite its popularity and initial success. itep.org/trump-admini...

OBBBA will provide $1 trillion in tax cuts for the richest 1% over a decade while cutting Medicaid by almost as much. Combined with Trump's tariffs, the average household in nearly all income groups will see a tax hike this year except the richest 5%. itep.org/trump-obbba-...

Just how much have Trump's tax cuts benefited huge corporations? Our Senior Fellow Matt Gardner says it's entirely possible that for 2025, S&P 500 corporations "will overall be paying something less than 10% of their income in corporate taxes." www.marketplace.org/story/2026/0...

The electronic payments company Block, best known for its Square credit card processing software, avoided paying even a dime of federal income tax on $1.5 billion of U.S. income last year. Yes, this is the same Block that just laid off half its workforce. www.sec.gov/ix?doc=/Arch...

As wealth inequality grows, so does the demand to tax the very top. In 2022, we found that just a 2% wealth tax on billionaires would have raised $62 billion that year. Current tax policy is clearly falling short of its potential. itep.org/the-geograph...

Thanks to improved corporate transparency rules, we can get a better picture of offshore tax havens. Oil service giant Halliburton avoided $29 million in taxes by reporting $138 million of income in the Cayman Islands last year. itep.org/new-income-t...

Trump’s Treasury helped a major energy corporation pay zero federal income tax in 2025 by aggressively undermining the tax code. Cheniere Energy now gets a $380 million refund from taxpayers. itep.org/cheniere-ene...

Nvidia avoided $6.8 billion in federal income taxes last year while reporting greater earnings growth than almost any corporation in U.S history. itep.org/nvidia-tax-a...

State lawmakers must be careful not to adopt federal policies that just don’t make sense at the state level. One provision is causing states to hand out corporate tax breaks that subsidize investments anywhere, including other states. itep.org/state-corpor...

Property tax cuts won’t erase centuries of racial wealth inequality. In fact, it actually worsens it. Instead, a property tax circuit breaker program can narrow this gap while making homeownership more affordable for working families. itep.org/property-tax...

Fact checking that car-crash of a speech seems absurd, but: Trump did say last night that "with the great Big Beautiful Bill, we gave you ...no tax on Social Security for our great seniors." That is a (very familiar) lie. Income tax on social security didn't change an iota. itep.org/trump-lying-...

while this man has been talking 100 companies have managed to dodge $79.1 billion in taxes under his stupid tax law. Check out our ticker that tracks this as the data comes in #SOTU2026

Corporate tax avoidance is already over $79 billion for 2025 as filings continue to come in. Dozens of huge corporations have already disclosed paying single-digit federal income tax rates thanks to OBBBA. And now Trump wants more tax cuts for them.

The fast-food multinational corporation that owns KFC, Taco Bell, and Pizza Hut paid zero federal income tax in 2025. Yum! Brands avoided $89 million in taxes by moving the intellectual property of Pizza Hut offshore to Malta. itep.org/yum-brands-r...

Ahead of tonight’s State of the Union, we’re looking at the impact of President Trump’s tax policies one year into his second administration. The bottom line is that all but the richest Americans are paying more in taxes this year.

When we factor in all the tax policies from the Trump administration, one thing is clear: Every income group is paying higher taxes on average this year except for the richest Americans. itep.org/trump-obbba-...

Corporate tax avoidance has already surpassed $71 billion for 2025 – and counting. Our new tracker shows the dozens of huge corporations paying little to no federal income taxes with the help of Trump's tax cuts. itep.org/corporate-ta...

The Treasury is sidestepping Congress to hand out enormous tax breaks to billion-dollar corporations. This illegal move disregards the separation of powers that has defined how America works for more than two centuries. itep.org/trump-admini...

Trump administration breaks law to give even more to billion-dollar corporations.

Live Nation Entertainment, the parent company of Ticketmaster, paid zero federal income tax in 2025 despite reporting $145 million of U.S. profits. itep.org/live-nation-...

The Supreme Court made the right decision in striking down most of President Trump's tariffs put in motion during his second term. But this victory for the middle-class Americans who ultimately pay Trump’s tariffs is bittersweet for several reasons. itep.org/despite-a-su...

State lawmakers are scrambling to protect revenue in the wake of deep federal cuts and a weakened IRS. Closing this trust loophole is a commonsense reform to stop tax avoidance from the wealthiest households. itep.org/trust-reform...

A Michigan ballot initiative could give voters a chance to tax the richest households to boost public education. This could raise about $1.7 billion per year while also improving the fairness of the state’s tax system. itep.org/michigan-bal...

Amazon, Alphabet, Meta, and Tesla collectively received $51 billion in tax breaks, thanks to the Trump and GOP corporate tax cuts signed into law last year. Together they effectively paid a federal tax rate of 4.9%, according to @itep.org. itep.org/trump-meta-t...

States are losing billions in revenue from offshore corporate tax havens. But a rare silver lining under OBBBA can help tackle this issue if state lawmakers decide to adopt it. itep.org/ncti-is-an-i...

About 60% of Missourians would experience a net tax increase under Gov. Kehoe’s plan, according to @itep.org analyst Eli Byerly-Duke. Households with a yearly income of $65k would see a $500 tax increase each year, he says, while households in the top 1% would see an average tax cut of nearly $40k.

NEW: Palantir paid ZERO federal income tax on $1.5 billion of US income last year. This is the third straight year that Palantir has been profitable while avoiding all federal income tax. itep.org/palantir-pay...

The Trump administration has given plenty of gifts to giant corporations. #TaxValentines

"There are zero states that fully adopt the federal tax rules in their own codes. When state lawmakers are doing their job well, they sit down and give each item careful consideration about whether it makes sense in their own code or not.” www.nytimes.com/2026/02/12/b...

Not only does this violate federal privacy laws that protect taxpayers, it damages public trust in the IRS and jeopardizes billions of dollars in tax payments by hardworking immigrant families.

Congress is overriding D.C's tax decisions, damaging the city's ability to govern itself. The city chose to opt out of some Trump tax cuts for corporations and instead give those savings to workers and families. itep.org/dc-autonomy-...

State tax changes last year had a clear impact on racial and economic inequality. Some decisions helped shrink these gaps, but other states did the opposite. Lawmakers should bring these insights into this year's state legislative sessions. itep.org/what-did-202...

Congress is overriding D.C's tax decisions, damaging the city's ability to govern itself. The city chose to opt out of some Trump tax cuts for corporations and instead give those savings to workers and families. itep.org/dc-autonomy-...

The Trump administration sidestepped Congress to hand out $10 billion in tax cuts to large corporations. Senate Republicans just rejected a resolution that would have sensibly reversed this move. itep.org/trump-underm...

How much taxes did these four big tech corporations avoid paying then? Tesla: $1.2 billion Amazon: $17.5 billion Meta: $13.7 billion Alphabet: $18.4 billion That's about $51 billion in taxes avoided.

Four big tech companies avoided $51 billion in federal income tax last year. Here's how much they paid: Tesla: 0% Amazon: 1.4% Meta: 3.6% Alphabet: 8% itep.org/trump-meta-t...

NEW: Meta paid an income tax rate of just 3.5% last year. That’s the company’s lowest tax rate since it went public. Mark Zuckerberg's social media giant avoided $13.7 billion of federal income taxes in 2025. itep.org/meta-tax-bre...

Taxpayer services are, unsurprisingly, in worse shape as lawmakers gut the IRS. Filing your taxes should be easy, fast, and free. But it seems that the Trump administration is working to do the opposite. www.forbes.com/sites/kellyp...

The lobbying efforts of big tax-prep corporations are forcing Americans to rely on private services. Intuit claimed more in research and development tax breaks than the entire cost of Direct File, the IRS's now-defunct free tax filing program. itep.org/intuit-helpe...

President Trump is suing the IRS, and American taxpayers will pay for it. "Trump...now demands that American taxpayers give him $10 billion to compensate him for not being allowed to keep his tax avoidance a secret from them." itep.org/president-tr...

You are paying more in taxes than Tesla.

The Trump administration now wants states to consider drastically raising sales taxes in order to eliminate corporate and personal income taxes. Working-class families would face dramatic tax increases while the wealthiest families would see their state tax bills plummet. itep.org/trump-counci...

For the 2nd straight year, Tesla reports making billions of dollars in the US and not paying one cent of federal income tax. This is a feature, not a bug, of the federal corporate tax laws now in place. R&D credits, bonus depreciation, executive stock options made it happen. itep.org/tesla-report...