The Institute on Taxation and Economic Policy (ITEP) is a non-profit, non-partisan think tank that works on state and federal tax policy issues. ITEP was founded in 1980, and is a 501(c)(3) tax-exempt organization. ITEP describes its mission as striving to "keep policymakers and the public informed of the effects of current and proposed tax policies on tax fairness, government budgets and sound economic policy."