Research from the University of Cincinnati Economics Center estimates an almost five percent boost in sales during a sales tax holiday, with average families saving about $38. But according to…
Another critic of sales tax holidays is Matthew Gardner, executive director of the Institute on Taxation and Economic Policy (ITEP), a non-profit, non-partisan research organization with offices in Washington D.C.,…
It is that time of year again on Beacon Hill, when the Legislature debates and ultimately passes a sales tax holiday for a weekend in August. Let’s be clear, the…
The filming is almost finished for a new movie being shot entirely Hawaii. The state’s film tax credits are bringing in big productions like “Mike and Dave Need Wedding Dates,”…
Research by the nonpartisan Institute on Taxation and Economic Policy contends that increased sales during the tax holidays “have been shown to be primarily the result of consumers’ shifting the…
“The Institute on Taxation and Economic Policy in Washington, D.C., believes sales tax holidays are poorly targeted, providing tax breaks to the wealthiest taxpayers and offering less assistance to the…
Research by the nonpartisan Institute on Taxation and Economic Policy, however, contends that increased sales during the tax holidays “have been shown to be primarily the result of consumers’ shifting…
Faced with a $1 billion budget gap, Connecticut this year adopted an array of tax changes, including increasing the top income tax rate to 6.9% and adding a 6.99% rate…
As states from Connecticut to California scramble to find money to fix crumbling highways, Congress once again is expected this week to put a short-term patch on the nearly insolvent…
“The Kasich tax cuts produce the opposite effects. An analysis of the recently passed two-year state budget by the Institute of Taxation and Economic Policy, of Washington, D.C., for Policy…
Let’s step aside from heated immigration debate for a moment and pragmatically deconstruct the merits of House Bill 328. The “Highway Safety/Citizens Protection Act” provides an avenue for undocumented immigrants…
Speaking of inequality, it’s not bad enough just to be poor in Louisiana. You can also count on state and local governments taxing you twice as much as the wealthy.…
“Sales tax holidays are advertised as a way to give people a break from paying the sales tax, typically during the “back to school” shopping season. Superficially this sounds good,…
Broward and Palm Beach counties have awarded millions of taxpayer dollars for company relocations or expansions in recent months, including two major deals completed in just the past two weeks.…
“If infrastructure costs rise by a modest 2 percent a year, the tax will lose 18 percent of its value within a decade, leaving the state facing the same long-run…
The issue, said Carl Davis, research director for the Institute on Taxation and Economic Policy, is growing in importance every year that state and federal governments fail to update gas…
One immoral aspect of Ohio’s budget is the ongoing tax shift that blesses the rich and slaps the poor. According to a recent Dispatch article, the Institute on Taxation and…
In the absence of a national gasoline tax increase, states have been raising their gas taxes to fund long-deferred road maintenance and transportation projects. “I think what’s happening now is…
The fiscal 2016 budget shortfall has been inevitable since at least fiscal 2010. Rational tax reform would not increase taxes for most Alabamians. Low- and middle-income Alabamians pay more than…
Eight states, all but one of them headed by Republican governors, have either hiked gas taxes or scaled back planned cuts in order to fund road repairs this year, according…
Americans generally believe that higher income households should pay a greater percentage of their incomes in taxes than lower income households. Yet the exact opposite occurs. The Institute on Taxation…
Empowering state and local governments would make African-Americans more vulnerable to the whims of the very governments that have served them poorly. The state and local tax base is highly…
To meet infrastructure needs, several states have had to increase other taxes, such as gasoline taxes. These states include Idaho, Iowa, Georgia, Nebraska, North Carolina, Kentucky, Utah and South Dakota.…
An analysis of these tax changes by the Institute on Taxation and Economic Policy, a national group with a sophisticated model of the tax system, shows the top 1 percent…
The downside, not expressed by City Hall, is that sales taxes are regressive — meaning they hurt the poorest citizens the most. That’s because the tax, obviously, only applies to…
