Institute on Taxation and Economic Policy

Institute on Taxation and Economic Policy We provide regular commentary on federal and state tax policy.

06/12/2026

Rhode Island is now the third state this year to pass a millionaires tax.

Tax the rich.
06/12/2026

Tax the rich.

06/11/2026

Taxes on luxury second homes makes sense.

Trump’s tax cuts added $4.6 trillion to the national debt, mostly went to the richest Americans and huge corporations, a...
06/10/2026

Trump’s tax cuts added $4.6 trillion to the national debt, mostly went to the richest Americans and huge corporations, and left future generations to service that debt.

See those ads on your feed? They're likely exempt from sales taxes in your state. Money that could be going to your comm...
06/08/2026

See those ads on your feed? They're likely exempt from sales taxes in your state. Money that could be going to your community is instead subsidizing big tech firms.

06/03/2026

Oil and gas companies already pay more in taxes abroad than they pay in the U.S thanks to excessive tax breaks and subsidies.

Even more tax breaks won’t help lower fuel costs.

06/01/2026

Jeff Bezos is wrong about taxes.

Billions of dollars from the wealthiest residents continue to support schools, roads, bridges and public transportation.
05/27/2026

Billions of dollars from the wealthiest residents continue to support schools, roads, bridges and public transportation.

“The deal…is really a spectacular demonstration of the fact that there really are two sets of tax rules, one for those a...
05/26/2026

“The deal…is really a spectacular demonstration of the fact that there really are two sets of tax rules, one for those at the top, and another for the rest of us.”

05/22/2026

Jeff Bezos said “we have way too much corporate welfare, way too much corporate subsidies.”

Last year Amazon received about 10% of all federal income tax subsidies for publicly traded corporations in 2025.

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