ITINs exist so people can comply with tax laws and pay the taxes they owe. If taxpayers believe information provided for tax filing can be repurposed for immigration enforcement, it risks undermining trust, compliance, and the integrity of our tax system. www.404media.co/ice-appears-...

DACA recipients have long paid income taxes under the same rules as other taxpayers. But the Treasury Department wants to change that by hacking away at the tax credits they can claim. Affected families stand to take a hit totaling 12% of their average annual income.

“If you’re not going to police this sort of tax avoidance, when are you going to do it?” Our Senior Fellow Matthew Gardner explains why Coca-Cola's aggressive use of offshore tax havens has led to a tax penalty that could approach $20 billion. www.wsj.com/us-news/law/...

The path to taxing billionaires starts with where their wealth is created: corporations. A stronger corporate tax system can raise revenue, reduce inequality, and deliver lasting benefits. itep.org/why-corporat...

A new analysis from ITEP estimates that the typical American households has spent an extra $414.77 on gas since the start of Trump's Iran War. Overall, drivers in the U.S. have paid $55,470,870,409 more to the oil industry since prices began to rise. Unreal. https://itep.org/iran-war-fuel-cost/

Want a resilient way to tax the very rich that will survive a hostile Supreme Court? Fix corporate taxes. We explain how here.

If we’re serious about honoring the legacy of Juneteenth, we must move beyond commemoration to transformation. That means building a tax system and an economy that works for everyone, not just the privileged few. itep.org/celebrate-ju...

The Treasury wants to bar more lawfully present immigrants from tax breaks that support working families and reduce poverty. As many as 30 states are at risk of seeing their tax credits weakened unless lawmakers opt out of these proposed restrictions.

DACA recipients pay income taxes according to the same rules as other taxpayers. But new Treasury regulations could drastically reduce tax credit claims by DACA recipients and their families, causing financial harm to roughly 337,000 people in the U.S. itep.org/tax-credit-r...

Tesla paid zero federal income tax in the past two years on $8.66 billion of U.S income. During that time, Elon Musk’s company received nearly $2 billion in tax breaks from American taxpayers. itep.org/tesla-report...

$1.9 billion in dubious tax breaks is not a small number. It's just getting crowded out of the sunlight by all the budgetary tall trees in the SpaceX IPO. Musk's SpaceX claimed $1.9 B of tax breaks they thought tax authorities would disallow on audit, and then Musk used DOGE to dismantle the IRS.

If we’re serious about honoring the legacy of Juneteenth, we must move beyond commemoration to transformation. That means building a tax system and an economy that works for everyone, not just the privileged few. itep.org/celebrate-ju...

Some good tax news this week: Rhode Island has become the third state in 2026 to enact a millionaires tax. itep.org/rhode-island...

The case for taxing the rich grows stronger every day.

Elon Musk's SpaceX has claimed nearly $2 billion in tax breaks that the company believes would likely be disallowed if audited. DOGE’s massive cuts to the IRS make audits for SpaceX and other huge corporations even less likely. itep.org/elon-musk-sp...

Do taxes on the very wealthy cause mass departures? No. Do they generate revenue to make life better for everyone? Yes.

DC City Council is considering a version of our Wealth Proceeds Tax — a tax on passive investment income, such as capital gains, from wealthy households. The Washington Post editorial page on Monday mischaracterized this proposal and its implications, so let’s clear things up.

As cities face budget shortfalls, more are exploring ways to tax the wealthy. Building a budget that doesn’t rest on the shoulders of its poorest residents is not only a moral imperative, it’s smart, responsible, and sustainable tax policy. thephiladelphiacitizen.org/better-budge...

"Americans have paid over $50 billion more to the oil industry since prices began rising after the war started." Put another way, each American household has already paid nearly $400 more in higher prices due to the Iran war. time.com/article/2026...

More states are opting out of a massive tax break for the rich. Simply put, QSBS allows millionaire investors to pay zero income tax on their profits. 32 states are still allowing this tax break, and it's costing them billions in revenue. itep.org/state-decoup...

Trump’s tax cuts added $4.6 trillion to the national debt and mostly went to the richest Americans and huge corporations. Future generations will pay for it, as servicing this debt will eat away at other priorities and public services.

For decades, most states have exempted advertising from sales taxes. This tax break now heavily subsidizes big tech firms. If states ended that exemption, they could collectively raise between $16 billion and $27 billion annually. itep.org/advertising-...

North Carolina’s corporate tax cuts aren’t an incentive for economic growth. It’s public money taken out of classrooms, hospitals, and fire departments, and put into the pockets of multinational corporate shareholders who live all around the world. itep.org/repealing-no...

"Exxon and Chevron pay more in taxes abroad than they pay in the US, as detailed in a report by @factcoalition.bsky.social ....The new reporting requirements are particularly relevant now, as the gas and oil industry’s tax avoidance continues while Americans face rising costs at the pump."

Oil and gas companies pay more in taxes abroad than they pay in the U.S. thanks to excessive tax breaks and subsidies. But as Americans face higher fuel prices, even more handouts to this industry will not lower prices. itep.org/major-oil-an...

New York City's tax on luxury second homes (also known as a pied-à-terre tax) makes sense when its full-time residents struggle with housing costs. States and localities across the nation have already adopted this kind of tax for similar reasons. itep.org/nyc-montana-...

Jeff Bezos is wrong about taxes.

Washington and Maine passed new taxes on millionaires this year. Montana, New Jersey, Rhode Island, & D.C. all approved higher taxes on wealthy homeowners in recent years. With wealth inequality growing, it's no surprise that more states are looking at taxing the rich. itep.org/inequality-s...

The Massachusetts millionaires’ tax has generated more than $3.1 billion in revenue for the current fiscal year. That’s a 20% increase from last year. Billions of dollars from the wealthiest residents continue to support schools, roads, bridges, and public transportation.

Jeff Bezos shouldn't complain about 'corporate welfare' since his company was among the biggest beneficiaries last year. Roughly 10% of all the $180 billion in federal income tax subsidies for all publicly traded corporations in 2025 went to Amazon alone. itep.org/jeff-bezos-t...

Our Federal Policy Director Steve Wamhoff explains Trump's settlement with the IRS: “Trump and his officials view themselves as untethered from the tax laws that apply to normal Americans.” www.the-independent.com/news/world/a...

Throughout Memorial Day weekend, Americans will spend an extra $3.5 billion for motor fuel (gas and diesel) because of the Iran war. itep.org/iran-war-fue...

Jeff Bezos said “we have way too much corporate welfare, way too much corporate subsidies.” Last year his company Amazon received $17.5 billion in tax subsidies. That’s about 10% of all federal income tax subsidies for publicly traded corporations in 2025. itep.org/jeff-bezos-t...

The facts: -Bezos paid $0 fed'l income tax in 2007 -He paid $0 in '11 -Btn '14-19, his wealth grew by $99 BILLION and he paid $973 million in taxes. Sounds like a lot but it's 0.98% of his wealth growth (which is his true income). www.propublica.org/article/the-...

The Iran war has already cost Americans $39 billion in higher gas prices this year — and counting. You can see the war's impact on your wallet here. itep.org/iran-war-fue...

The Iran war has already cost Americans $39 billion in higher gas prices this year — and counting. You can see the war's impact on your wallet here. itep.org/iran-war-fue...

As wealth inequality grows, local governments across the nation should step up to make the wealthy pay their fairer share in taxes. Local officials have a range of progressive tax policies that can help fund better public services for their communities. itep.org/tax-the-rich...

Imagine if everyone had the healthcare, housing, food, education needed to thrive. We have enough to make that a reality. NEW TODAY: a resource from us & @itep.org on how local electeds can tax the ultrawealthy to fund public goods and vital programs. localprog.org/taxtherichfu...

Illinois lawmakers are debating whether to subsidize a new $2 billion stadium for the Bears. If that's not bad enough, the current proposal also creates a massive property tax cut program for wealthy developers that residents will have to pay for. itep.org/the-bears-bi...

Far from impeding economic growth, taxes fund the public services that make a state more attractive to businesses. Investing in schools, roads, and hospitals can be a better approach than tax cuts to help a community prosper. itep.org/do-tax-cuts-...

It's bad enough the wealthy owners of the Chicago Bears want taxpayers to help fund their stadium, but the proposed mechanism to do that would give just about every other huge project massive, decades-long tax breaks. Our latest, with @itep.org, for Crains: www.chicagobusiness.com/opinion/comm...

President Trump said he wants to suspend the gas tax. Unfortunately, this is mostly a political move that would likely do little to help drivers across the country.

If America is serious about taxing the rich, Congress needs to focus on policies that can’t be undermined. Here’s how lawmakers can create a more progressive tax system resilient to legal challenges and executive branch interference. itep.org/resilient-co...

Suspending the gas tax will not meaningfully help with soaring prices. This move is mostly for show, and it would lead to major revenue loss that would need to be offset elsewhere in the budget. fortune.com/2026/05/11/h...

Coming to Baltimore to screen Death & Taxes Tue May 12th 7PM and conversation with Prof @ruthbraunstein.bsky.social author of My Tax Dollars-The Morality of Taxpaying in America and @amyhanauer.bsky.social ED of @itep.org . Who knew talking taxes and democracy could be so much fun! #taxes

Tax breaks for data centers are becoming outrageously costly. 14 states and scores of localities across the U.S are losing even more by failing to be transparent about these costs.

Learn about the expansive role of dangerous and unregulated scholarship granting organizations (SGOs) under the federal school voucher scheme during PFPS's 5/12 webinar. @itep.org @truenorthresearch.bsky.social @neatoday.bsky.social Register here: us06web.zoom.us/webinar/regi...

States have long exempted advertising from sales taxes despite the social and economic impacts of this exemption becoming increasingly clear. If every state applied a sales tax on advertising, it could raise up to $27 billion a year. itep.org/advertising-...

Do you have operations expertise and want to work toward economic justice? We have a new position open for a full-time Operations Manager. Visit our website to find more details and apply.

Trump's tax changes include an unprecedented tax credit designed to support private and religious K-12 schools. Next week, we’ll discuss who benefits from the tens of billions of public dollars funneled by this overlooked tax cut. pfps.org/no-accountab...