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  •   December 2, 2019

    Worker Relief and Credit Reform Act

    Data available for download The Worker Relief and Credit Reform (WRCR) Act would replace the existing EITC. In most cases, the WRCR credit would be $4,000 for single people and…
  • media mention   November 26, 2019

    The News Tribune: How Did Tacoma Do Under Trump Tax Cuts? You Can Calculate it for Yourself

    President Donald Trump has said it’s time to consider another tax cut — as evidence mounts that wealthier taxpayers in the Tacoma area and around the nation benefited a lot…
  • media mention   November 26, 2019

    CNBC: Blue States File Appeal in Legal Battle Over SALT Tax Deductions

    Whether the final rule will ultimately deter people from donating to these funds remains to be seen. “If you’re really passionate about private school vouchers in Georgia, you donate and…
  • blog   November 25, 2019

    A Lump of Coal for 12 States Not Collecting Marketplace Sales Taxes this Holiday Season

    The last few years have brought major improvements in how states enforce their sales tax laws on purchases made over the Internet. Less than a decade ago, e-retailers almost never collected the sales taxes owed by their customers. The result was a multi-billion dollar drain on state coffers and a competitive disadvantage for local businesses. But this holiday season looks a bit different.

  • media mention   November 25, 2019

    The Oracle: Big Corporate Tax Loopholes Strain Florida Budget

    A 2019 report from the Institute on Taxation and Economic Policy, for instance, examined data from the IRS and Congressional Budget Office, estimating that Florida loses $1.1 billion annually from…
  • media mention   November 25, 2019

    Vanity Fair: “My Reserve Of F–Ks To Give Is Really Depleted”: How Teflon Tim Cook Gets Away With Enabling Donald Trump

    Cook runs the biggest company on earth, with a current market cap of $1.16 trillion, and yet, according to the Institute on Taxation and Economic Policy, a nonprofit, nonpartisan tax-policy think tank,…
  • media mention   November 24, 2019

    Business Insider: From Amazon To GM, Here Are all the Major Tech and Transportation Companies who Avoided Federal Income Tax Expenses Last Year

    The Institute on Taxation and Economic Policy, a nonprofit think tank, analyzed SEC filings of Fortune 500 companies and identified 60 major corporations that didn’t report any federal income tax expenses in…
  • media mention   November 17, 2019

    The New York Times: How FedEx Cut Its Tax Bill to $0

    “Something like $1.5 billion in future taxes that they had promised to pay, just vanished,” said Matthew Gardner, an analyst at the liberal Institute on Taxation and Economic Policy in Washington. “The…
  • media mention   November 15, 2019

    Orlando Sentinel: As Florida Cuts Corporate Taxes, Your Tax Burden Rises … and Schools, Mental Health, Roads Suffer

    Families that make less than $50,000 a year pay between 8.1% and 12.7% of their income in local and state taxes, according to the Institute on Taxation and Economic Policy,…
  • media mention   November 15, 2019

    PolitiFact: Viral Post Says Democrats Spent $40 Million on Impeachment. That’s False

    Tax policy experts told us they aren’t sure how much the impeachment inquiry has cost since Speaker Nancy Pelosi announced it Sept. 24. “I can’t think of anyone who’s tried to calculate…
  • media mention   November 14, 2019

    USA Today: Trump Is Floating Another Tax Cut. But the Last Thing We Need Is More Breaks for the Rich.

    Why is it so important that the rich pay more? Those at the top benefit much more from all the public investments we finance with our tax dollars. President Donald…
  • media mention   November 13, 2019

    Orlando Sentinel: In Florida, 99% of Companies Pay No Corporate Income Tax — with Lawmakers’ Blessing

    A leaky corporate income tax ultimately shifts more of the cost of Florida government from corporations onto others, including low- and middle-income families, said Matt Gardner, a senior fellow at…
  • media mention   November 8, 2019

    Washington Post: Pete Buttigieg Proposes Free College for Americans Earning Under $100,000 in his New Economic Plan

    Democratic candidate Julián Castro, the former secretary of housing and urban development in the Obama administration, has also proposed expanding the EITC. Castro would go further and also make the…
  • media mention   November 8, 2019

    The Washington Post: Pete Buttigieg Proposes Free College for Americans Earning Under $100,000 in His New Economic Plan

    Democratic candidate Julián Castro, the former secretary for housing and urban development in the Obama administration, has also proposed expanding the EITC. Castro would go even further and also make…
  • media mention   November 7, 2019

    Capitol and Main: Trump Boasts of Economic Growth as Inequality Deepens

    A second term for Trump would likely mean a doubling down on his inequality exacerbating tax and regulatory agenda. “There will be more tax cuts and further inequality,” said Steven…
  • media mention   November 7, 2019

    Fast Company: While Trump Boasts of Economic Growth, Inequality Deepens

    “There will be more tax cuts and further inequality,” said Steven Wamhoff, the director of federal tax policy at the Institute on Taxation and Economic Policy. Republicans have already proposed…
  • news release   November 5, 2019

    Amy Hanauer Appointed as Executive Director of ITEP-CTJ

    Institute on Taxation and Economic Policy (ITEP) and Citizens for Tax Justice (CTJ) Boards of Directors announced today the appointment of Amy Hanauer as Executive Director to lead the organizations’ tax justice work. Hanauer, founder of Policy Matters Ohio, will assume responsibilities mid-January 2020, joined by long-time ITEP-CTJ team member Meg Wiehe in her expanded role as Deputy Executive Director. Together the pair will lead the organizations in transforming tax policies to better meet the country’s needs.

  • ITEP Work in Action   November 5, 2019

    Arizona Center for Economic Progress: More Money for Public Education Will Benefit Arizona Small Businesses

    Most small business owners will continue to be taxed at some of the lowest personal income tax rates in the nation. Small business owners whose profits and wages from their…
  • blog   November 1, 2019

    Sen. Warren Proposes Sweeping Tax Changes to Finance Medicare for All

    Senator and presidential candidate Elizabeth Warren released a plan today to offset the costs of Medicare for All, a publicly funded single-payer health care program. While ITEP has not crunched the numbers, it seems likely overall that her proposals would raise trillions of dollars and leave costs and taxes either unchanged or lower for most low- and middle-income people.

  • media mention   November 1, 2019

    The News-Tribune: We in Washington Pay Highest Estate Tax in the Nation. There’s a Reason, Officials Say

    “Low income and middle income (earners) pay much higher proportions of their incomes than the wealthy, mostly because we don’t have the income and the capital gains tax, and we’re…
  • media mention   November 1, 2019

    Albuquerque Journal: Tax Reforms Restore Fairness and Set Up Reliable Revenue

    Recent analysis by the non-partisan Institute on Taxation and Economic Policy confirms what we expected from income tax changes signed into law this year by Gov. Michelle Lujan Grisham –…
  • media mention   November 1, 2019

    Bloomberg: Treasury Plans to Weaken Rules Meant to Stop Corporate Tax Avoidance

    The Treasury Department should tread cautiously in weakening these rules now while Democratic lawmakers are eager to repeal large portions of the 2017 tax overhaul, said Matt Gardner, a senior…
  • media mention   November 1, 2019

    WXIA 11Alive: How Much Do Undocumented Immigrants Contribute in Taxes?

    Let’s take the state of Georgia as an example. Per ITEP, in 2017, undocumented immigrants contributed more than $351 million in local and state taxes – just in Georgia. According…
  • blog   October 30, 2019

    There’s a lot more to Corporate Tax Reform than Tax Rates

    Several Democratic candidates have proposed raising the statutory corporate tax rate from its current level of 21 percent to fund their spending proposals. Political reporters and observers may read a great deal into the different corporate rates proposed by candidates, but the truth is that rates mean very little on their own.

  • media mention   October 28, 2019

    The Hill: Left-leaning Group: Taxes on Financial Trades Could Reduce Inequality

    In its report, the Institute on Taxation and Economic Policy (ITEP) argued it’s possible that the higher costs of financial trades produced by an FTT would be fully borne by investors,…
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