1999

High Income Tax States Have Strong Economies

The Institute on Taxation and Economic Policy today released an analysis showing that states with high income tax burdens have experienced more rapid economic growth than states with low income tax burdens during the past two decades. The ITEP report,...

Analysis of Tennessee Tax Reform Proposals

Tennessee’s state legislature is currently considering several proposals for increasing state tax revenues to cover newly emerging budget deficits. The following analysis compares the distributional effects of two proposals that would create broadbased income taxes in Tennessee.Read the Full Report...

Behind the Numbers: ITEP Analysis of NTU Tax Study

A recent report by the National Taxpayers Union (NTU) tries to make the case that adoption of an income tax in Tennessee would stunt the growth of the state's economy and cause a sharp rise in state government outlays. NTU's...

Behind the Numbers: ITEP Analysis of NTU Tax Study

A recent report by the National Taxpayers Union (NTU) tries to make the case that adoption of an income tax in New Hampshire would stunt the growth of the state’s economy and cause a sharp rise in state government outlays....

ITEP Testimony on Proposed Rhode Island Tax Changes Before the Rhode Island Senate Select Committee

The proposal being considered, to create an alternative flat-rate income tax of 5.75 percent of Federal Adjusted Gross Income, with an exclusion for capital gains income for assets held more than five years, would be a significant tax cut targeted...

ITEP Testimony on Kentucky's Tax System

First, is Kentucky a low or high tax state? The best measure of overall tax level, in my view, is taxes as a share of personal income. By that measure Kentucky is close to the national average. Because there are...

An Analysis of SB 535's Proposed Corporate and Personal Capital Gains Tax Cut

In recent years, the tax treatment of capital gains income has been one of the most hotly contested issues in federal tax policy. This debate has recently spilled over onto the state level in Oregon with the consideration of SB...

The Consequences of Increasing Oregon's Deduction for Federal Income Taxes Paid

Oregonians will soon be considering whether to allow taxpayers to deduct more of their federal income taxes from the Oregon personal income tax. Under current law, Oregon taxpayers can deduct up to $3,000 of federal personal income tax on their...

Analysis of New York Tax Proposals

Since the beginning of 1995, a series of tax changes have been enacted that are reducing New York State tax collections by several billions of dollars per year. One question which has not been adequately examined in this tax-cutting period...

Economic Development in Minnesota - High Subsidies, Low Wages, Absent Standards

An analysis of more than 550 Minnesota economic development disclosure reports— tracking more than $176 million in loans, grants, and tax increment financing (TIF) by cities, regional bodies and state agencies—reveals high costs, low wages, and an absence of standards...

ITEP Testimony on New Hampshire Income Tax Proposal HB 109

Thank you Mr. Chairman and members of the Committee for the opportunity to appear today. I will be discussing three aspects of House Bill 109, the Hager/Below/Fernald Education Funding and Property Tax Relief Plan. I will be addressing the income...