Congress’ $2 trillion stimulus package, which boosts unemployment benefits including to gig-economy workers, didn’t include any help for undocumented workers. In Kentucky, such residents paid an estimated $36.6 million in state and…
At least 38 states and territories have issued some version of a stay-at-home order, shuttering parts of the economy as residents stay inside and restaurants and stores close. The result…
Government help is nearly impossible to get, even though undocumented workers in the United States pay $11.74 billion in taxes each year, equivalent to 8 percent of their incomes, according…
In California, undocumented residents contribute $3 billion annually in state and local taxes, according to the nonprofit Institute on Taxation and Economic Policy. Immigrants who are not eligible for a…
According to the Institute on Taxation and Economic Policy, immigrants who file taxes using an Individual Taxpayer Identification Number (ITIN) instead of a Social Security Number will be exempt from…
One tax analyst said hard-hit industries might be trying to protect their net operating losses from unwelcome distressed investors looking for buying opportunities. “It seems like one of the unforeseen…
The reason why is that the government intends to track Americans down and deliver their corona-bonus using the tax information they submitted in 2018 or 2019. But a fairly large…
Following is a statement by Amy Hanauer, executive director of the Institute on Taxation and Economic Policy, regarding the $2 trillion relief package expected to be enacted today. ITEP’s distributional…
For people who were ineligible in 2018 and perhaps took a pay cut or got a divorce that put them under the income thresholds in 2019, “there needs to be…
These massive corporations also reaped huge benefits from Trump’s 2017 corporate tax cuts. An Institute on Taxation and Economic Policy report from March 10 lays it out: “In the two…
Unfortunately, the Senate proposal does not include all taxpayers. Those who file their taxes using an Individual Taxpayer Identification Number (ITIN) instead of a Social Security number have been left…
ITIN filers collectively contribute an estimated $11.74 billion in state and local taxes each year, according to the Institute on Taxation and Economic Policy. In 2015, ITIN filers paid $23.6…
Who has been left out? Undocumented workers: Those who file their taxes using an Individual Taxpayer Identification Number (ITIN) instead of a Social Security number have been left out, according…
According to the Institute on Taxation and Economic Policy, immigrants who file taxes using an Individual Taxpayer Identification Number (ITIN) instead of a Social Security Number will be exempt from…
That said, not all older people who are already reliant on government assistance are immediately eligible for a rebate. According to Steve Wamhoff of the Institute on Taxation and Economic…
On that haul, they paid an average effective federal income tax rate of 2.3 percent. According to Matthew Gardner at the Institute on Taxation and Economic Policy, that rate is…
Below is an excerpt from an op-ed by Amy Hanauer, ITEP’s executive director, published in Labor Notes. The economic catastrophe made this middle-of-the-night package urgent. Unemployment is spiking in ways…
Trump has proposed eliminating payroll taxes that fund Social Security and Medicare beginning through the end of the year. The Institute on Taxation and Economic Policy, a nonpartisan think tank,…
For instance, the House bill would expand the Earned Income Tax Credit in ways Democrats have sought for awhile — like making the incentive larger for childless workers, and making…
Two financial-relief measures the Trump administration is weighing to fight the economic scourge of the coronavirus would have drastically different impacts on the rich and poor, according to a new…
First, a payroll tax cut only offers benefits to those with a job, and, as the Institute on Taxation and Economic Policy has extensively documented, it heavily favors higher-income workers—not…
