whiten-jon – Page 40

media mention April 16, 2020
Politico Morning Tax: We Are Shut Down

In any event, there’s also agreement across the political spectrum that those six states should get rid of those policies. “That would fix this particular issue and could generate revenue…
media mention April 15, 2020
ABC News: Tax provision in coronavirus stimulus will mostly benefit wealthy: Study

The measure lifted the limit for this year, and allows filers to apply it retroactively for the last two years. “It’s a really big deal for a really small group…
blog April 14, 2020
History, Economic Justice, and COVID-19

Our elected officials have to listen to we the people and change their approach. Going forward, corporate voices cannot continue to steer. Instead, families, communities and working individuals have to lead our policymaking so it better helps people struggling now.
media mention April 14, 2020
The Hill: Business tax provisions in coronavirus relief law spark controversy

“Even someone who believes that Congress could loosen these laws to help businesses deal with the crisis would have to come to the conclusion that the CARES Act went way…
media mention April 14, 2020
Pot Sector Cut Off From Federal Pandemic Loans, Turns to States

Pot has boosted state tax revenues in recent years, funding core state initiatives from education to infrastructure to health care. California collected about $629 million in taxes on cannabis in…
media mention April 13, 2020
Bloomberg: 10 Ways States Could Fortify Tax Structures Ahead of Next Crisis

“There is nothing like a crisis to get states thinking about their tax structures and the things they can do to become more sustainable in the long run,” said Meg…
media mention April 13, 2020
Connecticut Mirror: CT’s unflappable sales tax faces unprecedented threat from coronavirus

“Early indications are that consumers are cutting back or spending much less due to personal economic uncertainty,” analysts for the Washington, D.C.-based Institute on Taxation and Economic Policy [ITEP] wrote…
media mention April 12, 2020
Associated Press: Millions of taxpaying immigrants won’t get stimulus checks

Roughly 4.3 million mostly unauthorized immigrants who do not have a Social Security number file taxes using what’s known as a taxpayer identification number, according to the Institute on Taxation…
media mention April 12, 2020
NBC4: Millions of Taxpaying Immigrants Won’t Get Stimulus Checks

Roughly 4.3 million mostly unauthorized immigrants who do not have a Social Security number file taxes using what’s known as a taxpayer identification number, according to the Institute on Taxation…
media mention April 10, 2020
Bloomberg: Pot, Liquor ‘Essential’ to Keep Up Spirits, Revenue During Virus

The state of Washington raised the most cannabis tax revenue last year—$67.31 per person, according to the Institute on Taxation and Economic Policy. That compares with $60.11 per person raised…
media mention April 9, 2020
Fox News: Coronavirus tax deadline delay: How it could hurt certain taxpayers

Further, the Institute on Taxation and Economic Policy noted that a payroll tax cut – which is another measure the president said this week he would like to see implemented…
media mention April 9, 2020
Bloomberg: Wealthy Win, Low-Wage Earners Lose in April 15 Tax Extension

“High income people will benefit,” said Matt Gardner, a senior fellow at the Institute on Taxation and Economic Policy. “Anyone selling a whole bunch of stock on which they had…
media mention April 6, 2020
Wall Street Journal:This Coronavirus Tax Policy Idea Wasn’t on the Table. Then Famous Chefs Called the President.

Tax experts across the political spectrum say it makes sense to limit meals and entertainment deductions. “It’s essentially a personal expense masquerading as a business expense, ” said Matt Gardner,…
media mention April 6, 2020
CNBC: When Will the Money Arrive

Right now, the answer is that you will still get a stimulus payment. But that may have to wait until you eventually file your 2020 tax return next spring. “Anything…
blog April 6, 2020
Returning to the Economic Status Quo After COVID-19 Crisis Should Not Be an Option

It will take immense imagination, unyielding political will and a fundamental reordering of our policy priorities to adequately address the problems of this moment and unrig our economy.
media mention April 1, 2020
Courier-Journal: For Kentucky’s undocumented immigrants, COVID-19 adds challenges to already harsh reality

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…
media mention April 1, 2020
Bloomberg:Billion-Dollar Blows to U.S. States Crater Spending Plans

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…
media mention March 31, 2020
Eater NY: Why NYC’s Undocumented Restaurant Workers Are the Forgotten Victims of the Shutdown

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…
media mention March 31, 2020
KQED: New COVID-19 Relief Benefits Leave Out Millions Of Undocumented Immigrants

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…
media mention March 31, 2020
Fox: Coronavirus stimulus FAQ: Who gets stimulus money? Will paper checks be issued? When will it come?

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…
media mention March 30, 2020
Scripps News Service: It will likely take at least 2 weeks for stimulus checks to arrive

Scripps News Service interviewed Amy Hanauer, ITEP’s executive director, about the $2.2 trillion relief package. https://content.uplynk.com/509a8108debf4051984bc3b66951d875.m3u8
media mention March 28, 2020
Wall Street Journal:Whiting Petroleum Adopts Poison Pill to Protect Potential Tax Breaks

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…
media mention March 28, 2020
Slate: Why Some Americans Entitled to a Coronavirus Relief Check Won’t Get One

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…
news release March 27, 2020
The Job Is Not Yet Done: ITEP Statement on the $2 Trillion Relief Package

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…
media mention March 27, 2020
Bloomberg: Delayed Tax Filing Could Mean Larger Stimulus Check for Some

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…

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