Alex Welch – Page 73

blog March 22, 2017
State Rundown 3/22: Springtime Tax Debates Blossom Nationwide

This week in state tax news saw major changes debated in Hawaii and West Virginia and proposed in North Carolina, a harmful flat tax proposal in Georgia, new ideas for…
ITEP Work in Action March 21, 2017
Policy Matters Ohio: Testimony to the House Ways & Means Committee on House Bill 49

Governor Kasich’s tax proposal would further reinforce the shift in Ohio’s state and local tax system in favor of affluent residents and against those with lower or middle incomes. Under the plan, Ohioans who made under $56,000 last year – those in the bottom three-fifths of the income spectrum – on average would pay more tax than they do now.
ITEP Work in Action March 21, 2017
Hope Policy Institute: Everyone Pays Taxes, Including Undocumented Immigrants

According to a new report by the Institute on Taxation and Economic Policy (ITEP), it is estimated that undocumented immigrants in Mississippi pay almost $22,684,000 in state and local taxes. Nationally, undocumented immigrants pay over $11.74 billion in state and local taxes. The report, entitled “Undocumented Immigrants’ State and Local Tax Contributions,” highlights the contributions of undocumented immigrants as taxpayers to state and local governments.
ITEP Work in Action March 20, 2017
Maine Center for Economic Policy: MECEP Testifies Against Bills to Cut Taxes for the Wealthy at Expense of Maine’s Schools

Augusta, Maine (Monday, March 20, 2017) State legislators on the taxation committee will hold a public hearing today on several bills that would roll back the tax to pay for education enacted under Question 2, the ballot initiative passed by Maine voters in November 2016. As a result of Question 2, the state will have the capacity to provide 55% of school funding mandated by voters previously in 2004.
ITEP Work in Action March 20, 2017
Evidence Counts: Wealthiest 1% of West Virginians Gain from Tax Cuts in Health Care Repeal

The House proposal to repeal the federal Affordable Care Act (ACA) and replace it with the American Health Care Act (AHCA), provides only a tiny fraction of very wealthy West…
ITEP Work in Action March 19, 2017
The Economic Progress Institute: Understanding Rhode Island’s Motor Vehicle Tax

The Motor Vehicle Tax (commonly known as the “Car Tax”) is a property tax collected by each Rhode Island municipality based on the value of each motor vehicle owned. There…
ITEP Work in Action March 19, 2017
North Carolina Justice Center: BTC POLICY BASIC: Marginal versus Effective Personal Income Tax Rates

A great deal of confusion abounds in discussions about state personal income tax rates and how they apply to income. This policy basic clarifies the difference between marginal and effective…
ITEP Work in Action March 19, 2017
North Carolina Justice Center: Still walking the path to zero: The Senate tax plan will harm North Carolina’s goal of building a stronger, inclusive economy

Senate leaders continue to pursue reductions to the income tax rate for wealthy taxpayers and profitable corporations even as they claim to be focused on helping low- and moderate-income taxpayers.…
ITEP Work in Action March 19, 2017
Montana Budget & Policy Center: Capital Gains Tax Credit Valuing Wealth Over Work in Montana

In 2003, the Montana Legislature passed a capital gains tax credit that benefits a very narrow portion of our population at the great expense of our collective ability to adequately…
ITEP Work in Action March 18, 2017
Kansas Center for Economic Growth: A Flat Tax Would Only Worsen Kansas’ Budget Crisis

Governor Sam Brownback’s 2012 plan to phase out the state income tax created an unprecedented fiscal crisis for Kansas. Some options presented for addressing this crisis would “flatten” Kansas’ income…
blog March 15, 2017
State Rundown 3/15: Responses to Revenue Shortfalls Vary Widely

State tax debates have been very active this week. Efforts to eliminate the income tax continue in West Virginia. Policymakers in many states are responding to revenue shortfalls in very…
ITEP Work in Action March 9, 2017
Connecticut Voices for Children: Testimony Regarding S.B. No. 787 – AAC Revenue Items To Implement the Governor’s Budget

At Connecticut Voices for Children, we view the state budget as the clearest statement of Connecticut’s policy priorities. We believe that these priorities should advance long-term inclusive economic prosperity, equity…
ITEP Work in Action March 9, 2017
Minnesota Budget Project: Undocumented Immigrants Pay $83 Million in State Taxes, Would Pay More with Immigration Reform

Undocumented immigrants play a vital role in Minnesota’s economy and currently pay an estimated $83 million in state and local taxes, according to a new report from the Institute for Taxation and Economic Policy (ITEP). Under immigration reform that provides a path to legal status, ITEP estimates these contributions would substantially increase.
blog March 8, 2017
State Rundown 3/8: Much Ado About Consumption Taxes

This week brings more news of states considering reforms to their consumption taxes, on everything from gasoline in South Carolina and Tennessee, to marijuana in Pennsylvania, to groceries in Idaho…
blog March 8, 2017
A Tax Perspective on International Women’s Day

Thursday, March 8 is International Women’s Day. The day draws attention to the progress that has been made and the work that still needs to be done in advancing gender…
ITEP Work in Action March 3, 2017
Connecticut Voices for Children: Testimony Regarding Estate and Gift Taxes and Exempting Retirement Income: SB 5, SB 58, HB 6358, SB 6, SB 272, HB 6558, and HB 5587

Exemptions to Pensions and Social Security – Exempting retirement income would not only cause immediate revenue deterioration, but given the state’s aging population, could threaten long-term adequacy of the income…
blog March 1, 2017
State Rundown 3/1: Will Tax Cut Proposals Be “In Like a Lion, Out Like A Lamb”?

Tax cuts have been proposed in many states already this year, but amid so much uncertainty, it remains to be seen how successful those efforts will be. This week saw…
blog February 28, 2017
Return of the Moderate: A Kansas Force Awakens

Before the tea party wave of 2010 that brought Gov. Sam Brownback to power and inspired the disappointing “real life experiment” in tax policy, Kansas was primarily governed by a…
ITEP Work in Action February 28, 2017
Evidence Counts: A Marriage Not Made in Heaven: A State EITC Without an Income Tax

Last Friday, the Senate Select Committee on Tax Reform explored the idea of amending SB 335 to include a version of a refundable state Earned Income Tax Credit. As noted…
blog February 23, 2017
State Rundown 2/23: Regressive Tax Proposals Multiplying

This week saw a nearly successful attempt to right the fiscal ship in Kansas; regressive tax proposals introduced in WestVirginia, Georgia, and Missouri; ongoing gas tax fights in Indiana, South…
ITEP Work in Action February 21, 2017
Kentucky Center for Economic Policy: The Math Behind Ed Choice Tax Credit Fails Many Tests

Today in the House Education Committee legislators are hearing discussion of House Bill 162, a proposal to create a so-called Education Choice tax credit in Kentucky. This proposal does not…
ITEP Work in Action February 21, 2017
Evidence Count: Governor Justice’s Tax Plan: Who Pays?

Governor Jim Justice has not introduced any tax measures yet, but in his State of the State Address and his executive budget there are plans to enact several tax increases to…
ITEP Work in Action February 20, 2017
Evidence Counts: Replacing Income Taxes with a General Consumption Tax is Radical and Regressive (SB 335)

Senate leadership introduced SB 335 which would abolish the personal income tax and sales and use tax, phase out the corporate income tax, lower the severance tax, and replace these taxes…
ITEP Work in Action February 17, 2017
West Virginia Center on Budget & Policy: What Would Eliminating the Income Tax Mean for West Virginia?

Eliminating the income tax is a strategy that has been tried over and over in other states with little or nothing to show, other than revenue erosion that brings cuts…
ITEP Work in Action February 15, 2017
West Virginia Center on Budget & Policy: Replacing Income Tax with Sales Tax is a Boon for the Wealthy

Scale back income tax exemptions – Every taxpayer regardless of income receives a $2,000 exemption for each dependent. Phase it out between $150,000-$200,000, and eliminate it for those over $200,000,…

ITEP's Research Priorities