Institute on Taxation and Economic Policy

Kiplinger Personal Finance: 10 Most Tax-Friendly States in the US

October 31, 2013

(Original Post) Given a choice of several job opportunities across the country, or several contiguous states in which to live for a job in the area, don’t overlook the impact of state and local taxes on your household finances. These ten states impose some of the lowest taxes in the U.S., according to Kiplinger’s analysis […]

Policy Matters Ohio: Another Ohio tax cut for the affluent?

October 29, 2013

Senate bill 210 would take the savings from Medicaid expansion and use it for an across-the-board income-tax cut that might buy a cup of coffee for low-income Ohioans but would give the average top earner enough for a trip to Paris. Read the Full Report 

Burnt Orange Report: Texas State Senators Call for Preservation of the DREAM Act

October 28, 2013

(Original Post) by: Emily Cadik Sat Oct 26, 2013 at 10:00 AM CDT Eleven state senators – Rodney Ellis, Sylvia Garcia, Juan Hinojosa, Eddie Lucio, Jr., Jose Rodriguez, Carlos Uresti, Leticia Van de Putte, Kirk Watson, Royce West, John Whitmire, and Judith Zaffirini – are calling for preservation of the DREAM Act amid recent attempts […]

The State Journal Register: Costs are too high to not act on immigration reform

October 28, 2013

  The State Journal-Register Posted Oct 27, 2013 @ 01:07 AM There are few states in the nation with as big a stake in immigration reform as Illinois. Immigrants make up 14 percent of Illinois’ population, and 20.3 percent of all business owners in Illinois are foreign-born. The state has everything to gain from a […]

New York Times: No to More Casinos in New York State

October 25, 2013

(Original Post) By THE EDITORIAL BOARD Published: October 24, 2013 New York State is home to five casinos run by Indian tribes and nine casinos that are called “racinos” because they are large slot machine parlors near racetracks. Gov. Andrew Cuomo and the Legislature now want to expand gambling by putting a constitutional amendment on […]

Think Progress: How The IRS’s Shutdown-Induced Delay Will Hurt The Poor

October 24, 2013

(Original Post) BY BRYCE COVERT ON OCTOBER 24, 2013 AT 12:26 PM Thanks to the government shutdown, the Internal Revenue Service (IRS) says it will delay the start of the tax-filing season by a week or two so that it has enough time to get its systems ready. It will begin accepting returns somewhere between […]

Tax Analysts: The Gas Tax Doesn’t Work Because Politicians Broke It

October 23, 2013

(Original Post) OCT. 22, 2013 07:33 PM EDT by Joseph J. Thorndike Big business wants to raise the gas tax and spend the money on infrastructure. Which sounds like a great idea, since that’s what the gas tax is supposed to pay for anyway. But the tax is broken, thanks to Congress, which has refused […]

Arkansas Advocates for Children and Families: Arkansas tax system should do more for working families

October 22, 2013

According to a new report from Arkansas Advocates for Children and Families (AACF), tax changes passed during the 2013 session con­sisted largely of personal income tax cuts benefiting upper-income taxpayers and sales and use tax cuts targeted to specific industry groups. “A Better Foundation: Building a tax system that works for Arkansas families” makes the […]

CNN Money: Chamber of Commerce- Raise gas tax to fix roads

October 21, 2013

(Original Post) By Jennifer Liberto  @CNNMoney October 21, 2013: 1:41 PM ET The U.S. should raise federal gas taxes to help fix roads and bridges, according to an influential business group in Washington. “Twenty years. It’s been 20 years since we had an increase in the federal fuel tax. What kind of car were you […]

US News & World Report: An Unhappy Anniversary for the Gas Tax

October 21, 2013

(Original Post) This article originally appers on www.usnews.com.  The gas tax hasn’t been raised in 20 years, and it’s hurting the economy By CARL DAVIS October 11, 2013 Last week, as Congress was melting down over funding the government, an unfortunate anniversary came and went, marking 20 years since Congress last took serious steps towards […]

Policy Matters Ohio: A Credit that Counts

October 21, 2013

More than 440,000 Ohioans will be eligible for the state’s new Earned Income Tax Credit, at an average of $74 per recipient. However, the Ohio EITC is one of the smallest among state credits and has three weaknesses that mean it does less to help working families and reduce poverty than it should. Read the […]

Open Sky Policy Institute: “Real Taxpayers of Nebraska” and cutting the top income tax rate

October 17, 2013

In this “Real Taxpayers” infographic, we examine what cutting Nebraska’s top personal income tax rate to 5.75% would mean for our tax payers. The cut would result in a $156 million revenue loss for the state, which is close to the amount of revenue the state would gain under the sales tax base expansion we […]

The Daily Californian: Rights for all, not for some

October 15, 2013

(Original Post) STATE ISSUES: Legislation focused on undocumented Californians who aren’t perfect will aid millions more and address painful stigmas. BY SENIOR EDITORIAL BOARD | STAFFLAST UPDATED OCTOBER 11, 2013 Legislation aimed at immigration reform often focuses on granting rights to undocumented Americans who are exceptionally accomplished individuals. Just recently, California passed a bill that […]

The Seattle Times: Lawmakers at packed hearing told to pass transportation plan

October 15, 2013

  By Mike Lindblom Seattle Times transportation reporter A spectrum of transit riders, construction workers, business owners, pedestrians, bicyclists, freight carriers and government officials on Monday night urged state lawmakers to pass a multibillion-dollar transportation package. The hearing, at First Presbyterian Church in downtown Seattle, drew 450 people, including yellow-shirted transit activists and orange-shirted construction […]

Bangor Daily News: Higher Sales Tax Hurts Maine’s Poor

October 15, 2013

(Original Post) The Left in Maine take pride in their self-proclaimed “caring for the poor.” However, rhetoric aside, their actions speak louder than their words. Earlier this year, the Democratically-controlled legislature enacted a budget, over Governor LePage’s veto, that raised the sales tax by 10 percent (to 5.5 percent from 5 percent) and the meals […]

USA Today: The most tax-friendly states for business

October 15, 2013

(Original Post) Charley Blaine, 24/7 Wall St. 11 a.m. EDT October 12, 2013 Taxes are necessary for a functioning government, but according to one group, many states are crippling regional business growth with tax structures that are too expensive or complex. The Tax Foundation’s 2014 State Business Tax Climate Index graded all 50 states based […]

The Economist: How can America pay for its roads?

October 15, 2013

(Original Post) Oct 14th 2013, 23:50 by T.N. | LOS ANGELES THE fuel efficiency of American vehicles has shot up in recent years, thanks to a blend of government mandates, environmental concerns and consumer fashion. By 2025 new vehicles must, by law, run at an average efficiency of 54.5 miles per gallon. That is good […]

Politico: Arthur Laffer is back as GOP tax man

October 15, 2013

  By RACHAEL BADE | 10/14/13 11:03 PM EDT Four decades ago at the Washington Hotel, a quirky economist made a pitch on the back of a napkin to Ford administration officials Dick Cheney and Donald Rumsfeld: Cutting taxes would create an economic boom. Back then, many Republicans opposed tax cuts, but that famous “Laffer […]

Reno News and Review: Nevada socks it to the working poor

October 10, 2013

(Original Post) By Dennis Myers  [email protected] There is a 6.6 percent difference in the amount paid in state and local taxes by families at the top of Nevada’s economy when compared to those at the bottom, according to the Institute on Taxation and Economic Policy (ITEP), a Washington, D.C., research organization. The 20 percent lowest […]

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Paying for Education Finance Reform in Colorado

October 10, 2013 • By Carl Davis

As this report shows, this change would somewhat reduce the steep regressivity of Colorado's overall tax system. In other words, taxpayers across all income levels would pay a more equal share of their income if Amendment 66 is approved, in large part because most of the revenue raised by the amendment would come from the wealthiest 20 percent of Colorado residents.

Boise Weekly: Business Leaders Push Political Leaders on Immigration

October 9, 2013

  As the immigration debate drags on, industry advocates for reform by Carissa Wolf Immigration equals big business at El Centro bank in Nampa. Latin radio hits mingle in the background as agents and tellers welcome immigrant farm hands and factory workers with a familiar, “Hola! ¿Como estas?” Some customers hold Green Cards; from time […]

The Hill: Paying the price for 20 years of duct-taping our infrastructure

October 9, 2013

(Original Post) By Terry O’Sullivan – 10/08/13 05:32 PM ET With much of the focus on the government shutdown and its potential impact on the economy, a critical cost of congressional polarization and paralysis has been overshadowed: Our nation is literally falling apart. Leaders in Congress received a roll of duct tape from the Laborers’ […]

Politico: The Gas Tax’s Silver Anniversary Present

October 7, 2013

Original Post September 25, 2013 by Kevin Robillard Morning Transportation THE GAS TAX’S SILVER ANNIVERSARY PRESENT: One week before the 20th anniversary of the gas tax being set at 18.3 cents per gallon, the Institute for Taxation and Economic Policy is out with a new report on fixing the tax for the future. The core […]

Colorado Fiscal Institute: Amendment 66 will Improve Colorado’s Income Tax

October 3, 2013

Amendment 66 will restore Colorado’s ability to raise enough revenue to meet our schools’ growing needs and make the income tax more like those of our neighboring states, all without overburdening Coloradans. From the adoption of the income tax in 1937 through 1986, Colorado used a “tiered” income tax, where tax rates rose along with […]

Real Change: Study finds Washington’s tax system is the nation’s most regressive

October 3, 2013

(Original Post) October 2, 2013 Vol: 20 No: 40 by: Aaron Burkhalter , Staff Reporter     Washington’s poorest people pay the highest taxes in the entire country. According to a study by the Institute on Taxation and Economic Policy, Washington state’s least affluent residents pay 16.9 percent of their income in state and local […]