Impact of Key Trump Policies on Taxes and Costs: National and State Estimates
The major tax and economic policies of President Trump’s second term have increased taxes and household costs for most Americans except the richest 1%.
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The major tax and economic policies of President Trump’s second term have increased taxes and household costs for most Americans except the richest 1%.
Price increases, health care tax changes, and the 2025 tax law leave nearly every income group worse off The major tax and economic policies of President Trump’s second term are...
The Trump administration’s economic policies have driven up taxes and costs for all but the wealthiest 1% of Americans, according to a new analysis from an economic think tank.
“When Republicans ask voters to keep them in the majority, they frequently point to the most significant policy achievement of Trump 2.0 — the tax and spending cuts bill known as t...
Ten years ago, then-Speaker Paul Ryan and Ways and Means Chairman Kevin Brady released the "Better Way" Tax Plan, the blueprint that would eventually become the Tax Cuts and Jobs A...
A middle-income household could pay about $1,700 more in 2026, while only the top 1% comes out ahead, a left-leaning think tank finds.
September’s two-day Republican midterm convention may not have moved the needle among voters, but it did yield an interesting (and incredibly expensive) policy proposal from Presid...
The no-tax-on-tips and no-tax-on-overtime policies don’t help people as much as Trump and other Republican leaders let on.
In 2025, 706 major American corporations collectively paid a federal income tax rate of just 10.4% on $1.88 trillion in U.S. profits. This is the lowest effective rate that ITEP ha...
The limited expensing regime for qualified film or television productions expired at the end of 2025. Although a perennial tax extender until the Consolidated Appropriations Act, 2...
Data from missing reports under IRS chief Frank Bisignano could be embarrassing to Republicans running on Trump’s One Big Beautiful Bill.
The annual decline was about $70 billion. Companies are writing off billions in A.I. investments, taking advantage of tax cuts that President Trump signed into law.
New ITEP Study: Major Corporations Paid Lowest Federal Tax Rate in Decades Following Trump Tax Cuts 706 profitable corporations paid just 10.4% in current federal income taxes in 2...
While economic levers like sanctions and tariffs have long been recognized as geoeconomic tools, tax policies have rarely been considered a part of this toolkit.
The projected U.S. tax rates give tax professionals an early look at potential adjustments that could affect their 2027 tax planning for their clients.
by Michael Busler at CDN - Democrats attacked President Trump’s 2017 tax cuts as a gift to billionaires. They repeated the charge when Congress made the lower individual income ta...
The Trump administration is expected to unveil the plan targeting so-called dyed red diesel on Monday,
“The Trump administration is delaying the release of detailed data showing how Republicans’ 2025 tax cuts affected millions of Americans’ taxes, even as it tries to sell voters on...
A generous tax break on capital investments Republicans created in 2025 wasn't designed specifically for the AI boom, but hyperscalers are making the most of it.
A new ITEP analysis examines the extraordinary wave of state income tax cuts enacted since 2020 and how years of repeated, incremental rate reductions are adding up to much larger...
Senator Ted Cruz said he expected lawmakers to discuss the deficit impact and suggested it would be better structured as a tax refund with work requirements.
When Republicans passed the One Big Beautiful Bill Act last year, they knew Democrats would hit them for cutting rich people’s taxes, but they never expected a provision titled “Fu...
The U.S. film and TV industry has lost jobs to overseas production hubs, which often feature lower-cost labor and more generous tax credits.
Facing “one of the most significant tax bills of his life,” projected at more than $500 million, President Donald Trump set up a “charitable deduction” on a golf course he still ow...
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