Institute on Taxation and Economic Policy

Eurasia Review: The 4 Big Lies About Immigrants, And The Truth – OpEd

October 21, 2015

“Immigrants pay taxes! The Institute on Taxation and Economic Policy released a report this year showing undocumented immigrants paid $11.8 billion in state and local taxes in 2012 and their combined nationwide state and local tax contributions would increase by $2.2 billion under comprehensive immigration reform.” Read more

Frontline: America’s Immigration Battle By the Numbers

October 21, 2015

“In 2012, undocumented immigrants collectively contributed $11.84 billion to state and local taxes — roughly 8 percent of state and local tax nationwide. That’s according to research by the Institute on Taxation and Economic Policy, or ITEP. Granting lawful permanent residence to all 11.3 unauthorized immigrants in the country would raise their state and local […]

The Journal Record: Hamilton: Giving the rich their Gucci

October 19, 2015

  “Look at the numbers: A 1-cent sales tax would cost 0.7 percent (or $90) for households earning $12,700 annually, 0.5 percent (or $262) for those earning $49,800 and only 0.1 percent (or $1,691) for those earning $1.6 million, according to the Institute on Taxation and Economic Policy. As the Oklahoma Policy Institute put it […]

WVTF Radio: Hiding from the Taxman?

October 19, 2015

“At the Institute on Taxation and Economic Policy, Director Matthew Gardner did some of the research. He says corporate profits are parked in one of about 50 countries with no income tax and no transparency.“In 2010, American multi-nationals reported earning $51 billion in the Cayman Islands alone,” he explains. ” What American companies are reporting […]

The Daytona Beach News-Journal: Surge in commercial sales helps spur overall property value increases, Volusia County official says

October 19, 2015

“Lower income earners in the United States pay a higher percent of their incomes in sales taxes than higher earners, according to The Institute on Taxation and Economic Policy, a Washington, D.C.-based nonprofit and non-partisan research group. The group reports persons making less than $20,000 a year spend 2.1 percent of their incomes for sales […]

The Inquirer: In Iowa, GOP-leaning voters give voice to worries over immigrants

October 19, 2015

“Unauthorized immigrants pay “an awful lot in state and local tax revenue,” including sales taxes, and property taxes paid indirectly as rent, said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy in Washington. About half of undocumented workers also have income taxes withheld from paychecks, Gardner said. Others work off the […]

Oklahoma News 9: OU President Proposes Sales Tax Increase To Help Teacher Crisis

October 12, 2015

“According to the Institute on Taxation and Economic Policy, the proposal would cost medium-income Oklahomans ($50,000 per year) about $262 a year, those who make less than $12,000 per year would pay an additional $90 annually. And the top one percent of earners would pay about $1,700 dollars per year.” Read more “According to the […]

San Antonio Express-News: Prop. 1 is shortsighted, unneeded

October 12, 2015

“Texas’ tax code is in dire need of reform, but this cut does little to achieve that. In January, the Institute on Taxation and Economic Policy concluded that Texas was among the top 10 states having the most regressive tax policies. That means those least able pay more of a percentage of their income than […]

The Nation:  3 Facts About the Supposed Cost of Undocumented Immigration

October 12, 2015

  #1 Yes, undocumented immigrants pay taxes. And they do so in multiple forms. Undocumented immigrants are not just workers, they’re also consumers who must pay standard sales and excise taxes. According to an April 2015 report from the Institute on Taxation and Economic Policy, undocumented immigrants paid an estimated $11.8 billion in state and […]

The Oklahoman: Debate over proposed Oklahoma tax increase should center on policy

October 12, 2015

“In response, the Oklahoma Policy Institute commissioned an analysis by the Institute on Taxation and Economic Policy. That report found that under a 1-cent sales tax increase, people in the lowest quintile (those with an average household income of $12,700 per year) would pay an additional $90 annually. Oklahomans in the top 1 percent (those […]

Watchdog.org: Companies receiving taxpayer-backed subsidies avoid U.S. taxes

October 5, 2015

“Using an Export-Import Bank database, corporate records and a database from the  Institute on Taxation and Economic Policy, Watchdog.org identified 50 companies that exported billions using bank guarantees yet kept nearly half a trillion dollars offshore and away from the Internal Revenue Service. The offshore proceeds of the companies benefiting from the bank, if taxed […]

Truth Out: How We’re Victimized by Corporate State Tax Avoidance

October 5, 2015

“Some states deserve special mention because of the egregious nature of their disrespect for average taxpayers. Illinois leads the way with by far the highest deficit. Just 10 companies underpaid Illinois $1.4 billion in 2014, more than the entire 2016 Chicago school system deficit. Yet Governor Bruce Rauner recently approved $100 million in new corporate […]

Think Advisor: America Is Changing. Are Advisors Ready?

October 5, 2015

“An April 2015 report from the Institute on Taxation and Economic Policy estimates that undocumented aliens in the U.S. paid $11.8 billion in state and local taxes in 2012. Overall, immigrant men are more likely to be employed (86%) than native-born Americans (81%). Immigrants also tend to be more entrepreneurial than native-born Americans. In a […]

The Bulletin Leader: NEWS Florida among ‘least fair’ for state taxes nationwide

October 5, 2015

“The report was released by WalletHub who used results that was a “nationally representative survey” which assessed what Americans thought a “fair” tax system was in the state. The Institute on Taxation and Economic Policy’s data shows that the lowest 20 percent of earners have the highest tax burden at roughly ten percent, while the […]

Watchdog Arena: Fair is fair? Perception versus reality in tax fairness across the states

October 5, 2015

“So what makes a certain tax regime fair or unfair? WalletHub recently surveyed some 1,050 people asking them their perception about tax fairness in their states–how much a given income bracket should pay–and then compared it to data from the Institute on Taxation and Economic Policy, a left-wing think tank in favor of higher taxes […]

Technical.ly Delaware: Delaware’s tax system was just named 4th most ‘fair’ in the country

October 5, 2015

The survey found that most Americans think “fair” tax systems are designed to impose higher taxes on higher-income households and lower taxes on lower-income  households. WalletHub then compared that data directly to state tax burden data from the Institute on Taxation and Economic Policy to determine their master rankings. Read more

WTHR: WalletHub survey puts Indiana near bottom of state tax fairness list

October 5, 2015

“A new survey by WalletHub finds that even though Americans – no matter their political orientation – largely support a progressive tax structure where the burden of taxes increases with income. But in reality, it’s the opposite at the state and local levels. The Institute on Taxation and Economic Policy’s data shows that the lowest […]

Idaho State Journal: Study: Idaho has fifth fairest tax system in U.S.

October 5, 2015

“Data from the Institute on Taxation and Economic Policy also was used to compare different states. The comparison looked at total state and local tax burden of households at seven different points in the income distribution of each of the 50 states. The overall ranking looked at four levels of tax dependency in each state. […]

Big Island Now: Hawai’i Tax System Ranks as One of the Worst

October 5, 2015

“WalletHub found the opposite trend in the average real state and local tax burden. The numbers, which are estimated by the Institute on Taxation and Economic Policy, show that as income goes up, state and local tax burden goes down.” Read more

The Voice Kaleo: Hawai’i ranked 3rd for worst fair tax systems

October 5, 2015

“However, pointing to a study done by the Institute on Taxation and Economic policy, the report said the actual correlation between household income and tax burden was the opposite of what respondents thought was fair. In reality, the higher the income, the lesser the percent of taxes taken from a household.” Read more

Journal Star: Editorial, 10/4: Focus on balancing tax system

October 5, 2015

“According to a ranking by the nonpartisan Institute on Taxation and Economic Policy, Nebraska has the 28th most unfair tax system in the country. Restoring balance to Nebraska’s tax structure would improve the fairness of the system. That would benefit taxpayers no matter where they live.” Read more

The Union-Bulletin: Editorial – No room for xenophobia in America

October 5, 2015

“They are also, according to a broad array of economists, a net positive for the economy today, as they have been for decades, contributing to its vibrancy and growth, and to the ability of employers to fill lower-wage jobs that most native-born Americans don’t want. They comprise more than 5 percent of the U.S. workforce […]

Cowen Daily: Education Tax Hike Would Cost Average Family $262

October 5, 2015

“The investigation was readied as of late by the Institute on Taxation and Economic Policy, a Washington, D.C., research association. It was asked for by the Oklahoma Policy Institute, a Tulsa-based gathering that backings larger amounts of financing for instruction and other center state administrations.” Read more

KGOU: Study: Education Sales Tax Would Cost Average Family $262

October 5, 2015

“A proposed penny sales tax increase would cost medium-income Oklahomans about $262 a year and raise $608 million annually to finance public schools and higher education, a new data analysis shows. The bottom 20 percent of Oklahoman households would chip in $90 a year, and the top 1 percent would pay $1,691, the study says.As […]

The Norman Transcript: Study: Education tax increase would cost average family $262

October 5, 2015

“A proposed penny sales tax increase would cost medium-income Oklahomans about $262 a year and raise $608 million annually to finance public schools and higher education, a new data analysis shows.The bottom 20 percent of Oklahoman households would chip in $90 a year, the top 1 percent would pay $1,691, the study says. As a […]