“Rhode Island’s poorest residents can expect to pay nearly twice as much of their income in taxes than the state’s wealthiest 1 percent, according to a new study. That data…
“Middle- and low-income Americans are facing far higher state and local taxes than the wealthy, according to a new report assessing tax data from all 50 states. In all, the…
“When it comes to the taxes closest to home, the less you earn, the harder you’re hit. That is the conclusion of an analysis by the Institute on Taxation and…
And at a time when concerns about inequality have heightened criticism of government policies that favor the wealthiest sliver of society, these tax breaks have come under sharper scrutiny. “I…
Further, due to reliance on a relatively high sales tax, Washington has ranked as the most regressive state tax system in the nation, according to the Institute on Taxation and…
While the states have sometimes been slow to react on this issue, at least lawmakers seem to be beginning to understand the reasons for gas tax reform, said Matthew Gardner,…
“There aren’t many products where every time you go for a drive you see the price thrown at you a dozen times before you get to your destination,” said Carl…
It adds up to the fourth-most regressive tax code in the nation, according to the Institute on Taxation and Economic Policy, a nonpartisan research group based in Washington, D.C. In…
Drivers in five states could see gasoline prices rise with gas tax increases, according to the Institute on Taxation and Economic Policy, a tax watchdog group. The biggest increase is…
Questions about who has really benefited from Texas fiscal policies will be heard more often, and the answers will be ugly. As the Institute on Taxation and Economic Policy observes,…
he Institute on Taxation and Economic Policy has proposed the most logical and realistic analysis of and recommendation on this tax issue. The full report should be reviewed by everyone,…
Meg Wiehe, state tax policy director at the liberal-leaning Institute on Taxation and Economic Policy, said it’s also necessary for Alaska to consider some sort of new tax revenue as…
According to the Institute on Taxation and Economic Policy, drivers in four other states could potentially see a similar motor-fuel tax increase to benefit state transportation. However, in light of…
According to the Institute on Taxation and Economic Policy, the tax breaks would equal out to $9 for those who make between $19,500 and $36,400. It would also give $30…
Federal money is drying up, as the national gas tax has remained at 18.4 cents per gallon. And more fuel-sipping cars on the road mean Americans are buying less gas…
Generally speaking, regressive taxes make income inequality greater, progressive taxes reduce it, and neutral taxes have no effect. The organization that has done the most extensive analysis of how state…
“It gives a broad indication of which companies are engaging in risky tax behavior,” says Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a Washington, D.C.,…
The Institute on Taxation and Economic Policy said the bottom 20 percent of Kansas taxpayers saw their tax burden increase while the wealthiest Kansans saw their taxes decrease. With special-interest…
Some lotteries have limits on the amount of money they spend on advertising their games as a way of discouraging compulsive gambling. Lawmakers in North Carolina, though, recently tried and…
Carl Davis, senior analyst at the Institute on Taxation and Economic Policy told The Huffington Post that legalizing marijuana would bring a positive effect for the U.S. in terms of…
The flat in Illinois tax seems fair, but when grouped with all the other taxes people pay it is out of balance. According to the Institute on Taxation and Economic…
“If there was not that exception, every time Apple paid royalties to its Bermuda subsidiary or Cayman Island subsidiary for using the Apple logo, and every time the Irish subsidiary paid those same…
According to a study by the nonpartisan Institute on Taxation and Economic Policy, nearly two-thirds of this tax cut would flow to the wealthiest 5 percent of the state’s taxpayers.…
The Bryant proposal isn’t perfect. A refundable credit would be better. As the folks at the Institute on Taxation and Economic Policy have noted, Bryant’s plan would provide relief to…
“There’s kind of been a switch that’s been flipped,” says Carl Davis, a senior analyst with the nonprofit Institute on Taxation and Economic Policy Davis says gas tax increases are…
