Institute on Taxation and Economic Policy

The Progressive Pulse: North Carolina’s Upside-Down Tax System Asks More From Those With Less

January 7, 2013

(PDF of the Original Post) Post on February 14, 2011 by Ed McLenaghan Note: This is Part 3 in a series of posts on revenue modernization in advance of Thursday’s release of the NC Budget & Tax Center’s 2011 Revenue Modernization Plan. You can read Part 1 and Part 2 here. North Carolina’s state and […]

News-Record: Senate’s budget plan relies on deep cuts

January 7, 2013

(PDF of the Original Post) Tuesday, May 31, 2011(Updated 3:00 am) The Republican-controlled Senate’s budget takes a double cuts approach to our state’s fiscal woes: It relies on deep cuts in spending to close our $2.4 billion budget shortfall and even deeper cuts to vital state programs due to a nearly $500 million cut in […]

The Herald-Sun: Senate tax cuts

January 7, 2013

(PDF of the Original Post) The Republican-controlled Senate’s budget takes a double cuts approach to our state’s fiscal woes: it relies on deep cuts in spending to close our $2.4 billion budget shortfall. Even deeper cuts to vital state programs were necessitated due to their nearly $500 million cut in personal income taxes. Sen. Bob […]

The Progressive Pulse: Proposed Tax-Cut Plan Violates First Rule of Holes

January 7, 2013

(PDF of the Original Post) Post on June 2, 2011 by Ed McLenaghan When in a hole, the first response should be to stop digging. The tax-cut plan passed Tuesday by the House and included in the Senate budget, however, responds to the $2.4 billion state revenue shortfall by digging the hole even deeper. Although […]

The Herald-sun: A break from tax holidays

January 7, 2013

(PDF of the Original Post) 08.04.11 – 07:50 pm Let’s take a holiday from the sales tax holiday. That was a daring thing for any politician to say — voters do so love their tax loopholes — but on the lips of a Republican, it was practically radical. Sen. Richard Stevens, R-Wake, was among the […]

The Fiscal Times: Bagelgate: When the Going Gets Tough, Get More Dough

January 7, 2013

(PDF of the Original Post) By MICHELLE HIRSCH, The Fiscal Times on Sep 29, 2010 For 27 years, New York deli owner Kenneth Greene has followed this simple rule: Add sales tax to bagels sliced and slathered with cream cheese or other toppings; give topping-free bagels a no-tax free pass. In New York, like many […]

Reuters: Special Report: A Long Island tax cut backfires on the Tea Party

January 7, 2013

(PDF of the Original Post) By Edith Honan and Kristina CookeMINEOLA, New York | Thu Jan 27, 2011 12:52pm EST (Reuters) – At his January 2010 inauguration, Tea Party-backed Republican Edward Mangano marched up to the podium, pen in hand. Even before being officially declared Nassau County Executive, he signed a repeal of an unpopular […]

Art Voice: All This for Just $40 a Month

January 7, 2013

(PDF of the Original Post) It’s a county election year, so prepare for a season of tax rants Next Tuesday, there will be a special election for mayor in normally orderly Rochester. The chief candidates are former three-term mayor Bill Johnson on the Working Families and Independence lines, and the Democratic organization’s man, Thomas Richards, […]

Syracuse Post Standard: Letter-writers sound off about Gov. Andrew Cuomo’s proposed New York state budget

January 7, 2013

(PDF of the Original Post) Published: Monday, March 28, 2011, 5:00 AM By Readers Rich, too, must truly share in sacrifice over budget To the Editor: Gov. Andrew Cuomo and almost all the Republicans in the state Senate say the same thing: “In a time of budget crisis, everyone must share in the sacrifice.” Oh, […]

New York Times: Gov. Cuomo’s All-Cuts Budget

January 7, 2013

(PDF of the Original Post) Gov. Andrew Cuomo has rightly argued that painful spending cuts will be needed to close New York’s projected $10 billion deficit. The hard truth is that it is impossible to cut spending deeply without cutting the state’s huge outlays for education and health care. That means that New York’s most […]

LI Herald: Tax the wealthy

January 7, 2013

(PDF of the Original Post) March 24, 2011 Letter to the Editor Tax the wealthy To the Editor: This is in response to “Legislators Listen to the Community,” March 17-23. Nobody wants more taxes, especially the wealthy who lobby our elected officials with fury. And the rich have gotten everything they’ve asked for. According to […]

Art Voice: How a lower sales tax can help Western New York

January 4, 2013

(PDF of Original Post) A scholarly conference held at Buffalo State College this past week brought distinguished historians from here and elsewhere together to discuss the political phenomenon of populism. Scholars mainly associate the term with William Jennings Bryan, who ran against William McKinley and gave voice to the frustrations of Midwestern farmers resentful of […]

Silver City Sun-News: Food, income tax proposals part of NM budget fight

January 4, 2013

(PDF of Original Post) By Barry Massey The Associated Press Posted: 12/28/2009 01:00:00 AM MST SANTA FE – The wealthiest New Mexicans have benefited the most from recent state tax changes, according to a study providing ammunition for those advocating higher income taxes to solve a budget shortfall. Gov. Bill Richardson and lawmakers are looking […]

The New Mexico Independent: Report shows New Mexico has a regressive tax system

January 4, 2013

(PDF of Original Post) By Marjorie Childress 11/19/09 10:45 AM A report released this week by the Institute on Taxation and Economic Policy provides state by state comparisons of how regressive or progressive a state’s tax system is. The analysis of New Mexico is found on pages 78 and 79, and shows that the state […]

Public News Service: NM Budget Deal Details Emerge, Report Looks at Other Revenue Options

January 4, 2013

(PDF of Original Post) SANTA FE, N.M. – More details of a reported budget deal emerged as lawmakers made their way back to Santa Fe for the special session that began Monday afternoon. They include a funding cut of about two percent for most state agencies for next year, and a one-percent cut to public […]

The Star-Ledger: Tax Day delusions: Watch out for slippery statistics

January 4, 2013

(PDF of Original Post) By Star-Ledger Editorial BoardApril 15, 2010, 5:39AM It’s tax day, so everyone is feeling ripped off. This year, some are especially annoyed that a record 47 percent of American households paid no federal income tax in 2009. Does this mean half of all Americans are freeloaders? Are we relying too heavily […]

Sentinel Source: A new report tells an old tale about New Hampshire’s tax system

January 4, 2013

(PDF of Original Post) Published:Tuesday, December 1, 2009 2:34 PM EST We have some recommended reading for New Hampshire taxpayers pondering end-of-the-year property-tax bills. It’s a report called “Who Pays? A Distributional Analysis of the Tax Systems in All 50 States,” published by the Institute on Taxation & Economic Policy. That’s a branch of Washington-based […]

WMUR.com: Some Call Current System of Taxation Inequitable

January 4, 2013

(PDF of Original Post) POSTED: 5:23 pm EDT October 21, 2009 CONCORD, N.H. — A group of lawmakers gathered at the State House on Wednesday to discuss the impact an income tax would have on the Granite State. While not having an income or sales tax in New Hampshire has been a selling point in […]

Concord Monitor: Estate tax would be a fair way to raise revenue

January 4, 2013

(PDF of Original Post) The rich will still move here and remain here By MICHAEL MARSH For the Monitor April 04, 2009 New Hampshire is known for low taxes and frugal government, but our low taxes don’t extend to everyone. Working people here pay four times more of their income in state and local taxes […]

The Dartmouth: Experts debate how to solve state budget issue

January 4, 2013

(PDF of Original Post) By Joseph Singh Published on Wednesday, October 6, 2010 Choices must be made regarding New Hampshire’s taxation and spending priorities to combat rising state deficits, according to a panel of experts and community leaders who spoke in a discussion called “Putting Our Money Where Our Mouth Is: New Hampshire’s Priorities and […]

Concord Monitor: Making unfairness official state policy

January 4, 2013

(PDF of Original Post) By Monitor staffCreated 02/14/2011 – 01:00Monitor editorial Republican Rep. Paul Mirski is leading a drive to amend the state Constitution to prohibit any new tax on personal income. House Speaker Bill O’Brien is on board, and, given the makeup of this Legislature, it’s easy to imagine that 60 percent of the […]

Silver Pinyon Journal: Nevada in top ten for most regressive tax policies

January 4, 2013

(PDF of Original Post) Written by Dee Holzel Thursday, November 19 2009 06:06 WINNEMUCCA — The problems with Nevada’s tax structure was best described during the last legislative session as such: we’re playing kick the can with tax policy – kicking the daunting task of restructuring the tax system to the next session. And that […]

Las Vegas Review-Journal: Study: Tax burden unfair to poor

January 4, 2013

(PDF of Original Post) Group blames Nevada’s lack of personal income tax By ED VOGEL LAS VEGAS REVIEW-JOURNAL CAPITAL BUREAU CARSON CITY — In Nevada, the poor pay more of their income on taxes than the rich largely because the state does not levy a personal income tax, a national study concluded Wednesday. “The most […]

Reno News & Review: Gibbons’ headlong ‘race to the bottom’n

January 4, 2013

(PDF of Original Post) By Jen Huntley I imagine that Gov. Jim Gibbons and I might have one thing in common. We are both polishing our thoughts at the last minute—I with this little column, he with his State of the State address for Mon., Feb. 8. By the time you read this, he will […]

Las Vegas Review-Journal: Study makes case for state income tax

January 4, 2013

(PDF of Original Post) By ALAN CHOATELAS VEGAS REVIEW-JOURNAL Nevada’s lack of an income tax means state taxpayers are paying more than they should in federal income taxes, according to a study released Monday. Seven states that rely on sales taxes instead of an income tax could cut sales taxes while implementing an income tax […]