Institute on Taxation and Economic Policy (ITEP)
1,134 posts

Hope Policy Institute: Who Really Benefits: Why Large Tax Cuts Don’t Benefit Working Families and Communities

• By ITEP Staff

“Large tax reductions proposed at a time when Mississippi already is cutting important public investments due to a lack of revenue would erode the state’s ability to create jobs and have a competitive economy. Over the past two years major tax cut proposals have been proposed that would cut and flatten the state’s income tax […]

Louisiana Budget Project: The federal deduction needs reform

• By ITEP Staff

“There are two key questions confronting Louisiana officials as they grapple with the most serious budget crisis in a generation: How much new tax revenue does Louisiana need in order to maintain the critical services that citizens expect? And secondly – who should pay those extra taxes? As things stand, Louisianans as a whole are […]

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ITEP Statement on Illinois Department of Revenue Analysis of House Bill 689

• By ITEP Staff

For Immediate Release: May 4, 2016   Contact: Jenice R. Robinson, 202.299.1066 X29, Jenice@itep.org Earlier today, the Illinois Department of Revenue (ILDOR) released an economic analysis of the tax changes included in House Bill 689, which would transform the state’s personal income tax from its current flat rate to a graduated-rate system. The following is […]

Connecticut Voices for Children: Impact of the Governor’s, Republican, and Democrat Proposed FY 2017 Budget on Children and Families

• By ITEP Staff

“Following hundreds of millions in dollars of cuts to health, human services and education to close a billion dollar budget hole in Fiscal Year 2016 (FY 16), lawmakers are once again facing tough choices as they prepare to close another billion dollar deficit for Fiscal Year 2017 (FY 17), all while staring down deficits of […]

Georgia Budget & Policy Institute: Georgia Work Credit Could Get Families a Better Deal at Tax Time

• By ITEP Staff

As Georgians put the finishing touches on their returns to meet today’s income tax filing deadline, one benefit many are missing out on is a tax credit that states can offer to help average families get a fair deal. Twenty-six states and the District of Columbia provide taxpayers with a state-level match for the Earned […]

Oklahoma Policy Institute: High-income surcharge would help solve budget emergency

• By ITEP Staff

“The evidence is now undeniable that Oklahoma is facing a full-fledged emergency. With each passing day, the toll of budget cuts on Oklahoma families, schools, businesses, and communities becomes more alarming. Given the enormity of the budget shortfall, it’s widely understood that the budget can’t be balanced primarily through deeper spending cuts. The income tax […]

Hawaii Appleseed: State of Poverty 2016

• By ITEP Staff

“In April 2016, the Hawai‘i Appleseed Center for Law and Economic Justice released a report entitled “The State of Poverty in Hawai‘i: How Hawai‘i’s Residents Are Faring Post-Recovery.” The report brings together the most recent available data to provide a snapshot of how low-income residents have fared after the economic recovery.” Read more

Center on Budget and Policy Priorities: A Fiscal Policy Agenda for Stronger State Economies

• By ITEP Staff

“With most state legislatures now in session, policymakers are making fiscal policy decisions that will profoundly affect future economic opportunities in communities across the country.  States face a fundamental choice:  they can provide the resources required for public investment in schools, transportation, health care, safe communities, and other building blocks of economic growth, or go […]

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Distributional Analyses of Revenue Options for Alaska

• By Aidan Davis, Carl Davis

Alaskans are faced with a stark fiscal reality. Following the discovery of oil in the 1960s and 1970s, state lawmakers repealed their personal income tax and began funding government primarily through oil tax and royalty revenues. For decades, oil revenues filled roughly 90 percent of the state's general fund.

Policy Matters Ohio: Wealthy not paying fair share of state and local taxes

• By ITEP Staff

“State and local taxes support schools, fix potholes, keep the snow plowed, the justice system running and the water clean. Economic prosperity depends on these public services. The wealthiest families benefit amply from our communities and state. But are they paying their fair share for these benefits? New data says they are not.” Read more

North Carolina Budget and Tax Center: North Carolina’s “Tax Swap” Gives Biggest Breaks to the Wealthiest, Undermines Public Investments for All

• By ITEP Staff

“Efforts to rely more on the state sales tax and less on the income tax to support public services have shifted tax obligations to less affluent North Carolinians, while saving the wealthiest the most money, and reduced resources available for public investments that build a strong economy.” Read full report

Pennsylvania Budget and Policy Center: PA Should Raise Needed Revenues in Fair Ways: Short- and Long-term Approaches to Fixing Pennsylvania’s Unfair Tax System

• By ITEP Staff

  This briefing paper analyzes several options for raising revenue for the Pennsylvania state budget which would fall much less on middle- and low-income families than the existing Pennsylvania state and local tax system. We first analyze the income tax increase (from 3.07% to 3.4%) and expansion of income tax forgiveness and sales tax base […]

Iowa Policy Project: $8.9 million revenue boost with immigration reform

• By ITEP Staff

“A new report projects a 24 percent increase in state and local tax revenues from undocumented immigrants in Iowa if they were granted permanent legal residence.” Read full report

West Virginia Center on Budget and Policy: Your Guide to the State Budget

• By ITEP Staff

“The state budget directly affects everyone living in West Virginia. It is the one law that makes state government function. It defines how we plan to use our resources to do the things together that cannot be done alone, such as creating good schools for our children, protecting the environment, making our communities safe, making […]

Center for American Progress: 4 Reasons Why States Suing to Stop Immigration Actions Stand to Lose Big

• By ITEP Staff

“Unauthorized immigrants contribute enormous sums to state and local coffers through taxes: $11.64 billion annually, according to a new report by the Institute on Taxation and Economic Policy. Full implementation of the three deferred action initiatives would increase state and local tax contributions by unauthorized immigrants by an estimated $805 million each year.” Read full […]

Georgia Budget & Policy Institute: Lawmakers Wise to Reject Reckless Income Tax Measures

• By ITEP Staff

This year’s General Assembly produced no shortage of big debates, with subjects from religious exemptions to rape kits grabbing statewide and even national headlines. But beneath the surface lurked a serious threat to Georgia’s well-being that didn’t make it onto many front pages or the late night shows. A pair of tax-slashing proposals, House Bill […]

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Higher Education Income Tax Deductions and Credits in the States

• By Carl Davis

Read full report in PDF Download detailed appendix with state-by-state information on deductions and credits (Excel) Every state levying a personal income tax offers at least one deduction or credit designed to defray the cost of higher education. In theory, these policies help families cope with rising tuition prices by incentivizing college savings or partially […]

Connecticut Voices for Children: Revenue Options are Crucial to Maintaining Public Investments that Promote Prosperity

• By ITEP Staff

In confronting the financial crisis looming over state budget decisions, the common-sense choice for Connecticut should be a balanced approach that includes revenue, rather than a cuts-only approach that threatens an already fragile economic recovery. Read more

Georgia Budget & Policy Institute: Tax Breaks, Income Tax Cuts Could Harm Georgia Finances

• By ITEP Staff

A variety of tax bills await further consideration by state legislators as the Georgia General Assembly enters its final few weeks of the 2016 session. There are 11 tax bills affecting state revenues still alive after Crossover Day, the point where bills must clear at least one legislative chamber to have a good chance at […]

Maine Center for Economic Policy: When Budgets Unravel: Unlimited deductions will jeopardize schools and safety When Budgets Unravel: Unlimited deductions will jeopardize schools and safety

• By ITEP Staff

Read the full report here “Legislators passed a bipartisan budget last year that funds schools, communities, and programs that give a hand up to those most in need. The budget also cuts income taxes for 83% of Mainers and improves the overall fairness of Maine’s tax system by reducing property taxes for all homeowners and […]

Georgia Budget & Policy Institute: Senate Resolution 756 threatens to disrupt Georgia’s long-term finances

• By ITEP Staff

Senate Resolution 756 threatens to undermine Georgia’s ability to remain an attractive state for families and businesses. Passing the amendment creates a rigid formula in Georgia’s constitution that inflicts a series of never-ending automatic revenue cuts based on arbitrary targets. This formula is harmful to Georgia’s growth, especially if coupled with House Bill 238’s proposal […]

Georgia Budget & Policy Institute: Slashing Income Tax Delivers Meager Benefit to Most, Jeopardizes Public Services

• By ITEP Staff

Georgia lawmakers are considering a pair of proposals that offer a miniscule tax cut to the majority of Georgia families and a massive benefit to the highest-income individuals who need it least, while jeopardizing lawmakers’ ability to meet the needs of a rapidly growing state. The first plan, House Bill 238, calls for a series […]

Georgia Budget & Policy Institute: Sensible Reforms Can Boost Undocumented Immigrants’ Tax Contribution

• By ITEP Staff

Undocumented immigrants in Georgia pay a significant share of state and local taxes each year and providing those families a path to legal status can increase their tax payments even more. That’s the key takeaway from a new analysis from the nonprofit, nonpartisan Institute on Taxation and Economic Policy (ITEP), which takes a close look […]

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Undocumented Immigrants’ State & Local Tax Contributions (2016)

• By Lisa Christensen Gee, Meg Wiehe

This report was updated in March 2017 Read as a PDF. (Includes Full Appendix of State-by-State Data) Report Landing Page Public debates over federal immigration reform often suffer from insufficient and inaccurate information about the tax contributions of undocumented immigrants particularly at the state level. The truth is that undocumented immigrants living in the United […]

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Tennessee Hall Tax Repeal Would Overwhelmingly Benefit the Wealthy, Raise Tennesseans’ Federal Tax Bills by $85 Million

• By Dylan Grundman O'Neill

Read PDF of report. Tennessee lawmakers are giving serious consideration to repealing their state’s “Hall Tax” on investment income (so named for the state senator who sponsored the legislation creating the tax more than eighty years ago).  But the Hall Tax is an important revenue source for both state and local governments, and is a […]