ITEP In The News

CNBC: Where and when to snag sales tax breaks across the US

July 22, 2014

"But while sale tax holidays are popular with consumers, critics argue that they do nothing to stir economic growth, and they simply shift spending on already planned purchases. One of these organizations is the Institute on Taxation and Economic Policy,...

Fond du Lac Reporter: We must get serious about highway funding

July 20, 2014

Let’s look at the numbers. According to the American Road and Transportation Builders Association, from 2011 (the latest available), the average driver travels 11,318 miles each year and the average vehicle gets 21.4 miles-per-gallon, consuming 530 gallons of fuel per...

Bangor Daily News: Again, Congress Has Short Fix for Roads

July 18, 2014

"While Congress seemingly has found consensus on a short-term fix, the House and Senate once again have put off the real work of governing — finding a solution that keeps the highway fund solvent long-term.... "Even if revenue from the...

Pioneer Press: Fridley-based Medtronic refutes allegations of tax avoidance

July 17, 2014

"Medtronic officials are pushing back against widely published suggestions that the company's proposed acquisition of Ireland-based Covidien is motivated primarily by a desire to avoid U.S. taxes... "Tax experts and financial analysts have speculated that the inversion deal would let...

Washington Times: Democratic superdonor Tom Steyer's use of tax shelters draws Romney comparisons

July 16, 2014

"While at Farallon, however, Mr. Steyer used loopholes in U.S. tax regulations to produce maximum returns for his elite clientele. That included using tax havens in the Cayman Islands, the British Virgin Islands and Mauritius, 'where there are no regulations...

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