Illinois has the fifth most regressive state tax system in the nation due to its flat income tax, under which all residents are taxed at the same rate despite their…
The Institute on Taxation and Economic Policy ranks Pennsylvania at No. 6 in the Institute’s “Terrible 10” states that taxes low income earners up to seven times as much of…
New York is regularly ranked as one of the worst states in the nation for taxes. But a new study by the Institute on Taxation and Economic Policy found that New…
A study by the US Institute on Taxation and Economic Policy found the effective state and local tax rates by income group nationwide are 10.9% for the bottom 20%, 9.4%…
The Institute on Taxation and Economic Policy ranks Pennsylvania at number six in the its “Terrible 10” states that tax low income earners up to seven times as much, as a…
This under-taxed group includes several large corporations, some tax-exempt nonprofits and more. The Institute on Taxation and Economic Policy lists Wal-Mart and other giants among companies that avoid state income…
Illinois has the fifth most regressive tax system in the country, according to the Institute on Taxation and Economic Policy. That means low-income and middle-class people are hit the hardest.…
As Florida TaxWatch reports, “The high rate makes the tax punitive and distortionary, and makes the state less competitive than other states, particularly in terms of reducing investment in broadband…
While Tennessee depends primarily on sales taxes for state revenue, the Hall tax was projected to bring $260 million into state coffers in fiscal 2014, about $98 million of which…
Eldridge’s proposal would cost the state $372 million a year in tax revenue, up from $112 million currently, according to the Institute on Taxation and Economic Policy, a Washington research…
However, heavy reliance on property taxes and lack of an income tax were among the reasons a January report from the Institute on Taxation and Economic Policy ranked Florida as…
Meanwhile, our system of taxes hits low-income families the hardest. The Institute on Taxation and Economic Policy named us one of the 10 “Most Regressive State Tax Systems,” with the…
In the latest Who Pays? report by the non-partisan Institute on Taxation and Economic Policy, Washington state has “by far” the most regressive tax system in the nation. Poor residents…
As inflation pushes up the cost of construction materials such as cement and gravel, gas tax rates haven’t kept pace, meaning that revenues raised by states for transportation and other…
The Institute on Taxation and Economic Policy made recommendations including linking an increase to inflation/gas prices/construction costs. Georgia, currently at a total 45.9 cents, has proposed a gradual increase over…
But the leaked details on the income tax and sales tax proposals make no sense. Most experts will tell you that one of the biggest problems in Pennsylvania is income…
Alabama’s state and local government taxes per resident are the lowest in the U.S., according to the Public Affairs Research Council of Alabama. It also has the 12th-worst tax structure…
One of the most popular MarketWatch articles this week was 10 states with the worst taxes for average Americans, based on a report called “Who Pays? A Distributional Analysis of…
According to “Who Pays? A Distributional Analysis of the Tax Systems in All 50 States,” a report released by the Institute on Taxation and Economic Policy (ITEP), Washington has by…
Consumption taxes (like sales taxes on food and clothing, gas taxes, and so-called sin taxes on cigarettes and liquor) fall on the middle and working classes’ backs far more than…
But Policy Matters says that figure does not include all taxes being raised, including the commercial-activity tax on gross receipts. Using figures calculated by the Institute on Taxation and Economic…
Here are some facts and figures about Ohio’s lopsided income distribution and tax burdens, gleaned from Mr. Herzenberg’s study and separate new reports by the nonpartisan Institute on Taxation and…
Yet an analysis of his tax proposal by the nonpartisan Institute on Taxation and Economic Policy concludes that the wealthiest 1 percent of Ohio taxpayers — those who made more…
Opponents warn Gunn’s plan means Mississippi’s remaining taxes would fall more heavily on the poor, as a proportion of income. Projections from the liberal-leaning Institute on Taxation and Economic Policy…
Georgia’s poorest residents will pay a larger share of their income this year in state and local taxes than the wealthiest earners, according to a new study from the Institute…
