Institute on Taxation and Economic Policy

ITEP's Research Priorities

North Carolina Budget & Tax Center: House’s Flat Income Tax a Windfall for the Wealthy

June 14, 2013

The tax plan under consideration by the North Carolina House of Representatives would create a single income tax rate – known as a flat tax – that will shift taxes from the wealthy onto others. Proponents claim that doing away with the three rates North Carolina currently has, which rise along with income, is fair […]

North Carolina Budget & Tax Center: Gambling Away Our Future

June 14, 2013

New Senate Tax Plan risks North Carolina’s long-term growth to give tax cuts to the wealthy and profitable corporations THIS WEEK THE SENATE INTRODUCED ANOTHER TAX PROPOSAL. The new proposal, like all the others, is about massive tax cuts for the wealthy and profitable corporations, not tax reform. The Senate plan would cost more than […]

The Progressive Pulse: 90% of benefits from Corporate Income Tax repeal to go out of state

June 13, 2013

(Original Post) Post on June 12, 2013 by Allan Freyer One of the most eye-popping parts of the Senate tax reform plan is the proposed elimination of the state’s Corporate Income Tax, for a cost of $1 billion in foregone revenue each year.  Although Senate leaders have expressed high hopes for the economic benefits of […]

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Testimony: Evaluating the Motor Vehicle Fuel Tax Reforms in DC’s Bill 20-199

June 12, 2013 • By Carl Davis

Mr. Chairman and members of the committee, thank you for the opportunity to testify today. My name is Matt Gardner. I am the Executive Director of the Institute on Taxation and Economic Policy (ITEP), a Washington-DC-based nonprofit research group. ITEP's research focuses on federal and state tax policy with an emphasis on sustainability and fairness in the tax laws.

Huffington Post: 18 Of America’s Biggest Companies Using Tax Havens To Skirt $92 Billion In U.S. Taxes

June 10, 2013

(Original Post) The Huffington Post  |  By Jillian Berman    Posted: 06/03/2013 1:58 pm EDT  |  Updated: 06/03/2013 5:05 pm EDT Apple may be getting all the attention from lawmakers and the news media for its offshore tax practices, but a new report finds that other major companies are using similar tactics to avoid paying taxes […]

Bloomberg Businessweek: Electric-Car Owners Get Taxed for Not Paying Gas Taxes

June 10, 2013

(Original Post) By Alison VekshinJune 06, 2013 Hugh Joyce, a contractor in Richmond, Va., owns three plug-in cars, and like many green-car evangelists, he’s unabashed about his love for them—especially his new $80,000 Tesla (TSLA) Model S. It’s “the most important vehicle since the Model T,” he says. “It’s the first electric car with a […]

The Capital Times: Out with progressive, in with regressive state taxes

June 10, 2013

(Original Post) June 08, 2013 4:45 am  •  JOEL McNALLY | state columnist Remember back when Wisconsin was proud to be one of the most progressive states in the nation? Even more importantly, do you remember the states we all held in contempt for exactly the opposite distinction — being the most regressive states in […]

Las Vegas City Life: It only took 121 days for lawmakers to ignore tax reform, be good to gays and fawn over the Ghost Rider

June 10, 2013

4:00 pm – June 05, 2013 by LAUNCE RAKE The Nevada Legislature met in 2013, aware that its solemn duty was to address the profound issues affecting every citizen of the state, most especially a tax and funding system that everyone, from all parties and industries, agreed was completely dysfunctional. And so, 120 days-plus-one after […]