Current state income-tax rates are bad for the poor and comparably good for the rich, according to the Institute on Taxation and Economic Policy. While the rich pay more in…
While many Lone Star State business organizations tout Texas’ tax climate when pitching corporate relocations, those same tax policies are among the worst in the nation when boiled down to…
Arizona’s local and state tax system targets the middle class, and the poorest people in the state pay a higher percentage of their income in taxes than the richest people…
Of course, New Jersey’s middle class and working poor are already taxed at substantial rates. However, according to a recent study by the Institute on Taxation and Economic Policy, the…
Last month, the nonpartisan Institute on Taxation and Economic Policy found that the poorest 20 percent of households pay on average more than twice the effective state and local tax…
A 2013 study conducted by the Institute on Taxation and Economic Policy found that allowing illegal immigrants the legal opportunity to work would actually increase state and local tax revenues…
According to an analysis by the nonpartisan Institute on Taxation and Economic Policy, taxpayers in the top 1 percent of earners would enjoy an average income tax reduction of more…
Current state income tax rates are bad for the poor and comparably good for the rich, according to the Institute on Taxation and Economic Policy. While the rich pay more…
If you’re living in Texas and don’t fall within the wealthiest one percent of residents, chances are you’re paying some of the highest tax rates in the nation. According to…
“The vast majority of states allow their very best-off residents to pay much lower effective tax rates than their middle- and low-income families must pay,” concludes the recent report by…
The Institute on Taxation and Economic Policy determined that while the lowest 20 percent of earners pay more than 10 percent of their income in state and local taxes, the…
According to the Institute on Taxation and Economic Policy, around the country, the average state’s gas tax rate has effectively fallen by 20 percent since the last raise. States with…
Even more significantly, the wealthiest residents (the “job creators”) are staying put: a study by the Institute on Taxation and Economic Policy concluded that there has not been any exodus…
The Institute on Taxation and Economic Policy recently examined state and local tax policy and found Kansas has the ninth-most “unfair” tax system in the nation. A Kansan earning $47,700…
The Keystone/Good Jobs study comes on the heels of report by the non-partisan Institute on Taxation and Economic Policy, which said that states’ growing reliance on consumptive taxes contributes to…
Those were the findings of a just-released report by Policy Matters Ohio and the Institute on Taxation and Economic Policy (see http://www.policymattersohio.org/kasich-tax-proposal-feb2015). It also found that even excluding changes in…
When looking at taxes paid as a share of the income earned, all states have a regressive tax system, which means poorer residents are taxed more than the wealthiest ones.…
Michigan ranks 29th in personal tax equality and 48th in the percentage of tax revenue contributed by businesses, according to the Institute on Taxation and Economic Policy and the House…
As it is now, the poor already pay more than the rich in taxes — that’s to say, as a percentage of their income. According to another recent report from…
In fact, the Institute of Taxation and Economic Policy, claims that as many as 12 states could pass gas tax increases this year. Taken in sum, there is a general…
An evaluation of the proposal by the Washington-based Institute on Taxation and Economic Policy, requested by Policy Matters, suggests the top 1 percent of Ohio earners, those making $388,000 or…
There’s a much better way for Kansas to fulfill its constitutional duties and avoid these yearly budget shortfalls: give up on its failed tax cuts and raise revenue. And that…
While the bottom fifth of earners pay more than 10 percent of their income in state and local taxes, the top 1 percent pays closer to 5 percent, the Institute…
Last month, the nonpartisan Institute on Taxation and Economic Policy found that the poorest 20 percent of households pay on average more than twice the effective state and local tax…
“While the federal income tax system is generally progressive, state and local taxes hit lower-income Americans hard. The nonprofit Institute on Taxation and Economic Policy has been on a mission…
