But with the summer driving season about to start this weekend, the nonpartisan Institute on Taxation and Economic Policy (ITEP) has jumped into the debate with some new data and…
Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, called the estimation “pretty rock solid” and said the Center on Budget Policies and Priorities used a sensible…
The supposed “historic” tax cut of 2013 actually resulted in a tax code under which the average taxpayer in the bottom 80 percent of the income distribution now pays more…
The left-wing Institute on Taxation and Economic Policy agrees with the conclusion and observes that when targeted tax breaks do reduce revenue, “that means reductions in the public services that…
Twenty-four states haven’t touched their gas tax rates in more than a decade, according to left-leaning Institute on Taxation and Economic Policy. For 16 of those states, the last change…
The Institute on Taxation and Economic Policy report of 2015 notes that Hawaii is the state with the second highest percent of its taxes paid by the bottom fifth as…
“It’s an inevitable fact that if gas tax rates are not updated from time to time, the tax is not going to keep pace with construction costs,” said Carl Davis…
The Institute of Taxation and Economic Policy calculated what Alabamians pay toward those three taxes and broke them down by what are called quintiles – 20 percent chunks of the…
According to the authoritative Institute on Taxation and Economic Policy, it would mean an average $225,000 a year tax cut for the top 1 percent, and a net increase of…
The Institute on Taxation and Economic Policy, a nonprofit research group that focuses on tax fairness, analyzed that shift. Its findings have often been misconstrued to say that 80 percent…
According to the Institute on Taxation and Economic Policy, the gas tax has lost “28 percent of its value since 1997” as costs of highway construction and road repair work…
The Institute on Taxation and Economic Policy estimated the sales tax would need to be 45 percent to be revenue neutral, as the proposal pledges, and also account for tax…
tates are gradually legalizing recreational and medical marijuana and expecting tax windfalls in the process, but the world of marijuana taxation is fraught with complexities that states must consider in…
Okay. Let’s talk about fairness and competition. From 2008 to 2012 Duke Energy paid no federal income tax though making more than $9 billion in profits, according to a report…
Among the states that offer the credit, the average value of the credit is 16 percent of the federal Earned income Tax Credit, according to the Institute on Taxation and…
Despite the trend, Meg Wiehe, state tax policy director for the Institute on Taxation and Economic Policy, which surveyed senior tax breaks, said all of the efforts to have “blanket…
But fairness hasn’t been Texas’ strong suit. The Institute on Taxation and Economic Policy released its annual analysis of the states’ tax systems in January. Texas is in the top…
The Institute on Taxation and Economic Policy, a nonpartisan Washington, D.C., think tank, studied how much undocumented immigrants contribute to state and local coffers. Researchers examined figures from 2012. Read…
Calling it a “gift to Ohio’s wealthiest,” liberal-leaning Policy Matters released an analysis by the Institute on Taxation and Economic Policy of the tax plan that passed the House last…
A terrific report from the Institute on Taxation and Economic Policy (ITEP) says that immigrants who entered the country illegally paid about $12 billion in state and local taxes in 2012. The…
ur state’s place in that ranking would be secured forever under Hightower’s bill, which effectively eliminates any threshold for income tax liability. Put simply, if you have any earnings at…
Illinois citizens are not all that prosperous, either. According to the 2013 census, Illinois per capita income is a mere $29,666 prompting the question, “Just where is the average Illinois taxpayer…
Democrats are claiming that their plan is geared more toward middle-income Mainers. An analysis by the Maine Center for Economic Policy, a left-leaning policy group, and the Institute on Taxation…
The people who will most bear the consequences of Rauner’s proposed cuts are those who can least afford to. Children, college students, seniors, the poor, people with disabilities, people with mental illness…
Every state already relies on a regressive tax system, although some states depend on sales and excise taxes more than others, according to the Institute on Taxation and Economic Policy,…