With a regressive tax, “the people who do the best are the very best off,” said Matt Gardner, executive director of the nonprofit, nonpartisan Institute on Taxation and Economic Policy…
An analysis by the Institute on Taxation and Economic Policy and Policy Matters Ohio, a labor-backed research group, found that when accounting for nearly all tax changes approved in the…
“In Ohio, a separate recent study by the Institute on Taxation and Economic Policy reported that the state’s tax changes since 2005 are giving the richest 1 percent of taxpayers…
The Institute on Taxation and Economic Policy did an analysis earlier this year that found wealthy residents — income averaging $970,000 per year — would receive “a whopping 63 percent…
The left-of-center Institute on Taxation and Economic Policy today will release “State Tax Codes as Poverty Fighting Tools,” a report on how states’ tax policies are helping — or hurting…
In just 21 minutes last Tuesday, six members of Mobile’s City Council (all but Bess Rich) broke faith with their citizens, sandbagged taxpayers, hurt the city’s long-term economic development, delayed…
It’s easy to hold up Kansas as the poster child for regressive tax policies gone awry. By now it’s apparent Gov. Sam Brownback and his allies in the state legislature…
In 2009, the Pennsylvania Department of Transportation cancelled a number of drivers’ licenses across the state to comply with a 2002 law change. Their justification was that the licenses were…
This sign should be plastered all over Washington, D.C., as lawmakers return from summer break. Congress has had the past five weeks to visit their homes and travel on America’s…
Oregon’s tax system takes a lot of hits, from business figures who think high income taxes discourage investment to seniors who say it’s a struggle to pay property taxes on…
It’s always nice when Illinois is not at the absolute bottom of a list. Imagine — finding a reason to rejoice because we are not the worst. So WalletHub study…
Missouri and Kansas appear to have relatively fair state and local tax systems when compared with other states, according to a study released Monday. The study by WalletHub, a personal…
The growing concentration of income among the richest Americans has made it tougher for states to fund their budgets, because of the way most states fund public services, writes Gabriel…
New York tax collections have continued rising despite a growing income gap between its richest residents and everyone else, even as a national study shows overall growth in state tax…
The top 20 percent of households captured more of the nation’s collective income (51 percent) than the rest of population, according to the Census report Income and Poverty in the…
By David Cay Johnston Today at least 362 of the Fortune 500 companies have more than 7,800 tax haven subsidiaries, many stuffed with cash, according to a tiny nonprofit research…
By Lewis Marler Corporations, their lobbyists and most of the media complain that the statutory corporate tax rate is 35 percent and among the highest in the developed world. But…
By Julie Wernau State governments aren’t the only ones struggling. Over the past five years, Congress has transferred $53 billion from the general fund to the Highway Trust Fund in…
The United States generally taxes the income of large corporations at 35 percent, one of the highest rates in the world. It has spurred companies such as Lake Forest-based Hospira…
By David Gelles A pharmaceutical company moved its headquarters to Ireland, sharply reducing its tax rate. A billboard company reclassified itself as a real estate concern, meaning it will no…
By Tom Davidson, The city still bustles with traffic now and then, although most of it’s just passing through town. On Thursday afternoon, Mayor Dwan Walker and City Manager Sam…
All the fracas over tax inversions like the recent Burger King-Tim Horton’s merger has generated some interesting ideas for broader changes in the way we tax multinational firms. One would…
“Zach Schiller of Policy Matters Ohio has assessed the broad impact of the changes, with the help of the Institute of Taxation and Economic Policy, a research group in Washington.…
Connecticut’s annual sales-tax holiday coinciding with back-to-school shopping kicks off Sunday and runs through Aug. 23. The tax holiday primarily applies to clothing and footwear costing less than $300 per…
