And just to shoot down one more oft-mentioned canard on this issue: According to a study by the Institute on Taxation and Economic Policy, about 8.1 million undocumented immigrants paid…
Public outrage over the financial crisis may have subsided in recent years, but the lasting legacy is a nation that remains acutely aware of exploitative business practices that line the…
The windfall for the wealthy results from cuts in state income taxes, the major tax that is based on the ability to pay, while increases in other taxes such as…
According to the Institute on Taxation and Economic Policy, “The personal income tax can be – and usually is – the fairest of the main revenue sources relied on by…
Undocumented immigrants paid an estimated $10.6 billion in state and local taxes in 2010, according to the Institute on Taxation and Economic Policy, CNN reported. Those tax contributions will rise…
“Meanwhile, about 1.7 million immigrants are unauthorized, according to the center. The report cites the Institute on Taxation and Economic Policy as saying that in Texas unauthorized immigrants in 2010…
New York’s place on that list is especially salient given its place as the largest of the estimated 200 “sanctuary cities” across the country. The designation reflects a decision by…
“We had quite a long drought where states weren’t willing to deal with this issue, despite the fact that their infrastructure wasn’t in great shape,” said Carl Davis, research director…
But there’s another side to the equation: taxes. Many undocumented immigrants work off the books and don’t pay taxes on their earnings. But many others do pay taxes. One recent…
For years, Wisconsin has had some of the highest residential property taxes in the country. The result is that across every income bracket, homeowners in Wisconsin pay a higher share…
“The bottom line is that whatever policy goal you want to achieve through a sales tax holiday, there are probably better ways to achieve those goals”, said Matthew Gardner, executive…
An economic perspective: The Partnership for a New American Economy found that immigrants started 28 percent of new U.S. businesses in 2011, though they account for only 13 percent of…
If shoppers are simply shifting their spending to save on taxes, that means the states are losing revenue. That’s certainly the position of the Institute on Taxation and Economic Policy,…
Colorado has struggled with its TABOR, with declines in the percentage it has spent on education, including secondary and elementary schools, and on higher education. Colorado declined from 35th to…
Bill sponsor Rep. John Patterson Jr., D-Jefferson, thinks passage of the measure would generate activity in retail stores and help create excitement that could rival the post-Thanksgiving Black Friday sales.…
Carl Davis, a senior analyst at the Institute on Taxation and Economic Policy, a nonprofit nonpartisan Washington think tank, said that while tax holidays help retailers, they don’t accomplish much…
Ohio’s first sales-tax holiday is in the books, and whether there will be one next year remains a matter of speculation. The Institute on Taxation and Economic Policy conducted a…
The U.S. rate of 53 cents a gallon reflects the federal gas tax as well as the average state tax. Adding Carper’s 16 cents wouldn’t budge the U.S. position way…
“So states that are not doing sales tax holidays, they’re certainly not missing out”. According to the Institute on Taxation and Economic Policy, sales-tax holidays cost states about $300 million…
Oklahoma retailers are stocking their shelves as they prepare for the state’s annual sales tax holiday on back-to-school clothing and shoes. But tax policy analysts say it’s little more than…
“Paying more to skip the crowds is a back to school shopping strategy some embraced Thursday before the start of the Texas Sales Tax Holiday weekend. A few examples of…
“The bottom line is that whatever policy goal you want to achieve through a sales tax holiday, there are probably better ways to achieve those goals,” said Matthew Gardner, executive…
A 2013 analysis on the impact of a tax holiday in Ohio by the Economics Center at the University of Cincinnati found that while retail sales would increase close to…
Taxes? Feldstein employs a familiar sleight-of-hand by limiting his analysis to federal taxes, which are still progressive. Factor in state and local levies, and the middle- and working classes are…
