Not only do California’s undocumented workers fill jobs, but they pay taxes too. In 2014, almost $3.2 billion of California’s state and local taxes came from undocumented immigrants, according to…
AASA and the liberal-leaning Institute on Taxation and Economic Policy examined programs in 17 states that send more than $1 billion a year to private schools via tuition tax credits,…
A new report by the Institute on Taxation and Economic Policy (ITEP) and AASA, the School Superintendents Association, details how tax subsidies that funnel money toward private schools are being…
While is doesn’t strive for a reform in the tax system that allows those firms to write off huge chunks of their fines, the senators’ measure, which applies to settlement…
About 4,000 registered lobbyists work on tax issues in the nation’s capital, but spending is highly concentrated among large multinational conglomerates and trade organizations. Fifteen companies and organizations, ranging from…
Meanwhile, the Trump administration works tirelessly to ease tax rates for millionaires, billionaires, and corporations while ripping away affordable health care for everyone else. The president wants to dramatically reduce…
Given DeVos’ repeated states-rights pronouncements, it also seems likely that individual states will have substantial ability to shape how tax credits scholarships are distributed in their jurisdictions to support their…
The lobbying activity has coincided with a continuing slide in the percentage of federal revenues collected from corporate income taxes. During the 1950s, corporate taxes made up 28% of federal revenue.…
Bloomberg BNA: Tell us a little bit about yourself and your work at the Institute on Taxation and Economic Policy (ITEP)? Wiehe: I am ITEP Deputy Director, my primary responsibility…
Already this year, governors in California, Indiana and Tennessee signed laws to raise fuel taxes, meaning a total of 22 states have passed laws imposing higher gas taxes in the…
As the gig economy has grown, the tax gap has widened. Because of inconsistencies in sales tax policies, state and local governments across the U.S. may be missing out on…
Unauthorized immigrants in San Diego County pay an estimated $218.5 million in state and local taxes annually, according to a report from the left-leaning Institute on Taxation and Economic Policy.…
An assessment by Mark Muchow, deputy secretary of the Department of Revenue, estimates that by 2020, this will cause a revenue decline of $220 million due to income tax cuts.…
On April 26, just a few days short of President Trump’s 100th day in office, a so-called “tax reform” plan was released by the White House that consisted of bullet…
This might not help taxpayers who live in states with high state and local taxes. Currently, taxpayers in the bottom half of the top income quintile — that is, those…
On a per-share basis, the company’s foreign earnings left overseas come to more than $40 a share, according to CNBC calculations using figures from a recent report by the Institute…
The bill would have given a larger benefit to wealthy residents who pay a larger share of their income at the top tax rate. Supporters said the income tax portion…
Voters in rural areas overwhelmingly chose Trump over Democrat Hillary Clinton in the 2016 presidential election, and a higher gas tax also may indeed affect those areas disproportionately, said Carl…
A broader comparison of all state and local taxes comes from the Institute on Taxation and Economic Policy, a progressive Washington research group. It, too, ranks Minnesota’s tax system today…
The choice of Cohn and Mnuchin as the faces of Trump’s tax plan really says it all. Their former employer, Goldman Sachs, is already a champion tax dodger. When Cohn…
PATRICIA SABGA: From the White House to Capitol Hill, Republicans are determined to lower the 35 percent corporate tax rate — the highest of any developed economy. Matt Gardner is…
Groups like Grover Norquist’s Americans for Tax Reform, which advocates a flat tax, have also opposed return-free filing, saying it would allow the IRS to “intimidate” taxpayers into paying whatever is on…
Illinois’ Fortune 500 companies are paying less and less in state corporate taxes—and sometimes, almost nothing at all. A new report by the Institute on Taxation and Economic Policy found…
