The Institute on Taxation and Economic Policy conducted an analysis of the plan, finding that its 10-month price tag could be at least $5.6 trillion—more than twice the amount of…
Matt Gardner is with the Institute of Taxation and Economic Policy in Washington. He spoke with NewsNation’s Dean Reynolds about the New York Times report. “This isn’t news that the…
That’s according to an analysis from Steve Wamhoff, director of federal tax policy at the left-leaning Institute of Taxation and Economic Policy. (Wamhoff looked at income tax liabilities by adjusted…
The data — drawn from the IRS — shows Trump’s tax payment is less compared to households earning between $20,000 and $25,000 each year. Around 9 million people filed tax…
According to a 2019 report by the Institute on Taxation and Economic Policy, 60 companies, including Netflix, Chevron, and Eli Lilly, did not pay federal income taxes in 2018. “Instead…
The Institute on Taxation and Economic Policy analysed SEC filings of Fortune 500 companies and identified 60 major corporations that didn’t report any federal income tax expenses in 2019. Read…
Steve Wamhoff, federal policy director at the Institute on Taxation and Economic Policy, noted in a statement that the Times reporting does “not include Trump’s tax returns for 2018 and…
Undocumented immigrants paid more than $11 billion in taxes in 2017, according to the Institute on Taxation and Economic Policy. That same year, Trump paid just $750, according to the New…
At the same time Ivanka Trump was an executive officer of the Trump companies, she both profited from the hotels and the consulting fees, the Times story noted. The IRS…
Former Democratic presidential candidate Julián Castro joined Ocasio-Cortez’s criticism, citing a figure from the the Institute on Taxation and Economic Policy that found undocumented immigrants pay nearly $12 billion in federal…
Many large companies, including Amazon, General Motors and IBM, paid no taxes in 2018, according to the Institute on Taxation and Economic Policy. Something is wrong with the tax code,…
Steve Wamhoff, federal policy director at the Institute on Taxation and Economic Policy, noted in a statement that the Times reporting does “not include Trump’s tax returns for 2018 and…
Inequality also interacts with money and politics to block the very types of productive, equalizing spending that Biden proposes, while insisting on the nonproductive tax cuts that partially drive the…
The Institute on Taxation and Economic Policy (ITEP) found that over the eight-year period from 2008 to 2015, 258 profitable Fortune 500 companies paid an average effective federal income tax rate of…
The lawsuit was filed after Senate Republicans unsuccessfully tried to repeal Obamacare despite campaigning on the issue for years. “Repealing ObamaCare has always been about tax cuts for the rich,”…
As the Institute on Taxation and Economic Policy (ITEP) wrote in an April report, “Even with more federal support, states will need home-grown revenue solutions in the short, medium and long…
Matt Gardner of the liberal Institute on Taxation and Economic Policy thought this particular portion of the SALT debate had a number of layers to it. Among them: Deductions for…
Many states have tax systems that are regressive: They take a greater share of income from the poor than the rich. And because a disproportionate share of the richest taxpayers…
A study released Thursday by the Institute on Taxation and Economic Policy (ITEP) showed Illinois’ flat tax system disproportionately affects Black and Hispanic taxpayers. According to the study, the state’s…
Another group has weighed in on the graduated income tax ballot questions voters will decide on in November. A research study conducted by the Institute on Taxation and Economic Policy…
Flat Tax Pitfalls: Illinois’ flat income tax perpetuates inequities that force minority communities to pay a large chunk of their earnings to the state, while permitting upper-income taxpayers to retain…
And on Thursday, Yes for Fairness promoted a study from the Institute on Taxation and Economic Policy, a left-leaning think tank, that said it found the long term effects of…
The $10,000 cap on state and local tax deductions imposed as part of the 2017 Republican tax law is not causing high-income taxpayers to flee high-tax blue states, according to…
