ITEP's Research Priorities
- Blog
- Cannabis Taxes
- Corporate Taxes
- Corporate Taxes
- Earned Income Tax Credit
- Education Tax Breaks
- Estate Tax
- Federal Policy
- Fines and Fees
- Immigration
- Income Taxes
- Inequality and the Economy
- ITEP Work in Action
- Local Income Taxes
- Local Policy
- Local Property Taxes
- Local Refundable Tax Credits
- Local Sales Taxes
- Maps
- News Releases
- Personal Income Taxes
- Property Taxes
- Property Taxes
- Publications
- Refundable Tax Credits
- Sales, Gas and Excise Taxes
- Sales, Gas and Excise Taxes
- SALT Deduction
- Select Media Mentions
- Social Media
- Staff
- Staff Quotes
- State Corporate Taxes
- State Policy
- State Reports
- States
- Tax Analyses
- Tax Basics
- Tax Credits for Workers and Families
- Tax Credits for Workers and Families
- Tax Reform Options and Challenges
- Taxing Wealth and Income from Wealth
- Trump Tax Policies
- Who Pays?
-
blog June 4, 2019 File Under “No Surprise”: Wealthiest Taxpayers Use Offshore Tax Shelters More Than the Rest of Us, New Research Finds
Tax evasion matters. It drains needed revenues from the public treasury, and saps public confidence in rules of the game. A recent Pew Research poll finds that 60 percent of… -
blog June 4, 2019 Things Get Worse for Uber: Ride-Sharing Giant’s Taxes Under Scrutiny
Since Uber’s much-hyped initial public offering last month, the news has been relentlessly bad for the scandal-plagued ride-sharing company. The company’s share price has fallen by 8 percent from its… -
media mention June 4, 2019 Washington Post: Why the U.S. Economy Is Worse than It Seems
Even more remarkably, the top 1 percent of households now hold 31 percent of the nation’s wealth (assets minus liabilities), or $30 trillion, while the entire bottom half of the… -
media mention June 1, 2019 Washington Post: The Trump Tax Cuts Are Failing Badly
Giving companies more incentive to invest, then, won’t do much if they don’t have a reason to invest in the first place — which they haven’t recently. This raises the… -
media mention May 31, 2019 Newark Star-Ledger: Will This Tax Plan Boost Booker’s Campaign?
In New Jersey, almost three-quarters of the benefits, 74 percent, would flow to the poorest 40 percent of taxpayers, according to the Institute on Taxation and Economic Policy, a progressive… -
media mention May 31, 2019 Yahoo! Finance: Corporations Paid $91 Billion Less in Taxes in 2018 under Trump’s Tax Law
“There are a lot of breaks and loopholes that allow a company not to pay,” said Steve Wamhoff, director of federal tax policy at the Institute on Taxation and Economic… -
media mention May 30, 2019 The Tennessean: Our Tax System Is Immoral and Unfair to the Middle Class | Opinion
Recently, the Institute on Taxation and Economic Policy shared an analysis of Fortune 500 companies that finds at least 60 of the nation’s biggest corporations didn’t pay one cent in… -
media mention May 28, 2019 Winston Salem-Journal: Five Basic Truths About the State Budget
The budget is unfair and unjust: North Carolina has always relied upon a regressive tax structure that takes more from the incomes of the poor and middle-class than from the… -
media mention May 25, 2019 The Columbus Dispatch: Business Groups Pushing to Save Tax Breaks for Richest Ohioans
Policy Matters says the analysis, completed by the Institute on Taxation and Economic Policy, found that virtually all of the Ohio tax filers who would pay more under the overall… -
media mention May 24, 2019 Akron Beacon Journal: A $1 Billion State Tax Break Still Worth Shrinking
What does the House propose? It would reduce the exemption to the first $100,000 in “pass through” income and wipe out the special 3 percent tax rate. That would save… -
media mention May 23, 2019 New Hampshire Business Review: Some NH Firms Paid Little or No Tax in 2018
Those companies are hardly unique. “Not a Dime,” a recent study by the Institute on Taxation and Economic Policy (ITEP), found that at least 60 of the Fortune 500 companies… -
media mention May 22, 2019 New York Times: Democrats’ Tax Cuts Target Middle Class More Than Trump’s, Study Says
Tax plans from several Democratic candidates for president would cost less than President Trump’s signature tax cuts but deliver larger benefits to most low- and middle-income Americans, according to a… -
news release May 22, 2019 Five Recent Federal Tax Credit Proposals Target Benefits to Bottom 60 Percent of Taxpayers
Five tax proposals announced this year are a radical departure from the top-heavy 2017 Tax Cuts and Jobs Act, targeting their benefits instead to low- and moderate income families while providing no or nominal tax cuts to the highest-earning households, a new Institute on Taxation and Economic Policy analysis of each of the five plans reveals.
-
media mention May 21, 2019 Arizona Daily Sun: Tax Dodgers Inc.
How is it possible to pay less than zero? By riddling the tax code with so many special deductions and gimmicks that the government owes you money! On tax day… -
media mention May 16, 2019 Wharton: Have Stock Buybacks Gone Too Far?
Fueled by the lower corporate tax rate, share buybacks among S&P 500 companies shot to a fourth consecutive record in the last quarter of 2018, according to Standard & Poor’s.… -
media mention May 14, 2019 Hartford Courant: We Are a Group of Wealthy Connecticut residents, and we want to pay more in taxes.
Connecticut was slow to recover from the Great Recession. Meanwhile, inequality has skyrocketed. As the economy grew coming out of the recession, 100 percent of increased income in Connecticut has… -
media mention May 12, 2019 WBNS Ohio: Expert explains why Ohio gas prices can fluctuate so quickly
Ohio is now the 30th state to raise or reform its gas tax this decade, according to the Institute on Taxation and Economic Policy (ITEP). Starting July 1, 2019, a… -
media mention May 12, 2019 Salon: The Tax Bill for Many Big Polluters Last Year? $0
Adapting to our warming world is expensive. It costs a lot to build sea walls, cure disease outbreaks, and rebuild after floods. It takes money to invent better batteries, turn… -
media mention May 9, 2019 ABC News: Trump Lobbied for Tax Loopholes in the 1990s
The sweeping, bipartisan law that Trump railed against was popular in both Democrat and Republican circles, as it got rid of numerous loopholes, reduced tax-code chicanery and lowered tax rates… -
media mention May 8, 2019 Allentown Morning Call: Fortune 500 company PPL not only paid no federal taxes last year, it got a $19 million rebate; it says it has invested those savings
Sixty of America’s Fortune 500 corporations paid nothing — or got refunds — for 2018, according to a report released last month by the Institute on Taxation and Economic Policy… -
media mention May 8, 2019 Voice of America: In the US, Death Is More Certain Than Taxes
In the corporate world, however, with the tax overhaul pushed to passage by Trump and Republican lawmakers in 2017 that cut the basic federal corporate tax rate from 35% to… -
media mention May 8, 2019 The Hill: Tax Prep Companies Under Fire over Free File Program
Steve Wamhoff, director of federal tax policy for the left-leaning Institute on Taxation and Economic Policy, said that it’s inevitable that when private companies are tasked with offering a public… -
media mention May 6, 2019 Governing: What States Can Do to Drastically Reduce Child Poverty
The following is an excerpt of an op-ed by Meg Wiehe and Christopher Whimer published in Governing: States have been called laboratories of democracy because they often launch some of… -
media mention May 5, 2019 Newark Star-Ledger: The 5 NJ Companies Reported Nearly $5 Billion in U.S. Income Last Year. Their Federal Tax Bill: $0
Identifying companies that pay nothing in federal taxes is no easy task, said Matthew Gardner, one of the authors of the IATEP report, and he suspects there are far more… -
media mention May 5, 2019 Crain’s Detroit Business: If Whitmer’s Gas Tax Increase Is Dead, Sales Tax on Services, Anyone?
Car rentals at Detroit Metro Airport are subject to the sales tax. But ordering a ride from an Uber driver at the airport is exempted from sales tax because it’s…