The result would be a profitable tax shelter for wealthy people who agree to help funnel public funds into private schools,” Amy Hanauer, the institute’s executive director, said in the webinar. “That ...

“It’s about three times as generous as what you’re gonna get from donating to a children’s hospital or a veteran’s group or any other cause,” says Carl Davis at the Institute on Taxation and Economic ...

Under current law, families need upward of $30,000 a year to receive the full tax credit amount, explains Joe Hughes, senior analyst at the Institute on Taxation and Economic Policy.

It’s not surprising that this bill was written behind closed doors and rushed through in the night before Americans had a chance to see what it contains,” Amy Hanauer, executive director of the ...

If Congress extends the 2017 tax cuts as planned, by itself this would yield the top 5 percent of households in DC an average annual tax cut of up to $36,000, depending on how much the cap on deductio ...

Immigrant tax filers face a harsher tax code than citizens in some important respects. Sweeping tax legislation recently ...

Select a state by clicking on the map or choosing one from the dropdown. Click on your state for details. Forty-four states’ tax systems exacerbate income inequality. When the lowest-income households ...

The sprawling tax and spending bill before the House of Representatives would cut more than $200 billion from food assistance ...

The House of Representatives recently passed major tax and spending legislation titled the “One Big Beautiful Bill Act.” This analysis examines the bill’s tax provisions as passed on May 22, including ...

While working-class families (defined here loosely as the bottom 40 percent of earners) could expect an average tax cut of $361 in 2027, the nation’s highest-income families (defined as the top 0.1 ...

In 2022, people who are undocumented paid an estimated $1.3 billion in New Jersey state and local taxes. In 2022, people who are undocumented paid $692 million in North Carolina state and local taxes.

In 2022, people who are undocumented paid $692 million in North Carolina state and local taxes.[ii] If ten percent of people who are undocumented are deported it would result in a loss of $69 million ...