Debt-Limit Deal’s Provision to Let Tax Cheats Off the Hook Will Increase the Deficit

The latest debt-limit bill in Congress includes a provision to claw back important IRS funding meant to crack down on wealthy tax cheats. This cut in funding would actually increase the deficit while continuing the rig the system in favor of the most well-off.

ITEP Statement: Debt Deal Avoids the Elephant in the Room

Extending Temporary Provisions of the 2017 Trump Tax Law: National and State-by-State Estimates

Preventing an Overload: How Property Tax Circuit Breakers Promote Housing Affordability

State Tax Watch

What's New

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Letter to IRS on Section 1001 Regulation in 2023-2024 Priority Guidance Plan
ITEP Staff, June 2023
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State Rundown 6/7: The Budget Race Continues
.ITEP Staff, June 2023
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The Real Impact of State Tax Cuts
Aidan Davis, June 2023
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Debt-Limit Deal’s Provision to Let Tax Cheats Off the Hook Will Increase the Deficit
Jon Whiten, June 2023
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State Rundown 6/1: State Revenue Highs and Lows
ITEP Staff, June 2023

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Expert's View

Kamolika Das

Kamolika Das
Associate Director, Local Taxes

Creating Racially and Economically Equitable Tax Policy in the South
Equitable tax policy in the South is necessary for reimagining a vision of the South as it could and should be – a prosperous and equitable region that broadens economic power for the most vulnerable, marginalized, underserved and persevering communities in the nation.