The study, The 35 Percent Corporate Tax Myth conducted by the left-leaning Institute on Taxation and Economic Policy in Washington, D.C., examined eight years of data on federal income taxes…
“If you go back to 2013, we’ve seen a significant group of states—19—enact gas-tax increases or reforms of some type. In many cases, these are states that have gone years…
A new study by the Institute on Taxation and Economic Policy, based on the regulatory filings of 258 U.S. Fortune 500 companies, illustrates how the 35 percent tax rate is…
President Donald Trump and the GOP leadership have vowed to reduce U.S. corporate taxes, arguing that the statutory 35 percent rate is far too high. But thanks to loopholes and…
Trump either cannot distinguish facts or he doesn’t care. He says crime is up when crime is down. He says, “I’m the least racist person there is,” then bans Muslims…
Although the top corporate rate is 35 percent, hardly any company actually pays that. The report, by the Institute on Taxation and Economic Policy, a left-leaning research group in Washington,…
The Institute on Taxation and Economic Policy says we have the most regressive tax system (harder on lower incomes) in the nation, and Democratic leaders in this state are determined…
With the corporate tax rate getting more attention under a Trump presidency than ever before, here’s a story for you: Eighteen companies — including two based in Massachusetts— paid no…
Unauthorized immigrants living and working in Idaho pay an estimated $28.6 million annually in state and local taxes, according to a new report by a Washington, D.C.-based think tank. They…
P&G had an effective federal corporate tax rate of 22.3 percent, paying $14.9 billion in taxes on nearly $67 billion in U.S. profits over that eight-year period, according to the…
An uptick in stock price comes as a report was issued Thursday by the Institute on Taxation and Economic Policy, a left-leaning research group in Washington, claiming that 100 corporations,…
Although the top corporate rate is 35 percent, hardly any company actually pays that. The report, by the Institute on Taxation and Economic Policy, a left-leaning research group in Washington,…
About half of undocumented immigrants file personal tax returns, channeling $1.1 billion to state coffers, according to the Institute on Taxation and Economic Policy. The IRS could not say how…
Stonier said the state should look to raise more revenue. Heather Lindberg, an education activist who ran for the Vancouver School Board in 2015, said the state’s tax code is…
In the U.S., more than 60 percent of undocumented immigrants have lived in the country for more than a decade, according to a report by the Institute on Taxation and…
Immigrants are more likely to start a business than native-born Americans and are particularly over-represented in Main Street business — retail, restaurants and neighborhood services — that are crucial to…
A new study by the Institute on Taxation and Economic Policy demonstrates that any reform must be in multiple directions, rather than in just reducing rates at the top. President…
In fact, undocumented residents in the United States pay an estimated $11.74 billion annually in state and local taxes, an amount that would increase significantly if these immigrants were given a…
The Institute on Taxation and Economic Policy (ITEP), in a recent study, found that over the eight-year period from 2008 to 2015, 258 profitable Fortune 500 companies paid an average…
The U.S. corporate tax rate may be 35 percent, but most companies end up paying far less after accounting for specific tax breaks. Some, like utilities, gas and electric companies,…
Don’t expect big companies to bring profits back from overseas in response to a U.S. corporate tax cut, said Matthew Gardner of the Institute on Taxation and Economic Policy. The…
258 Fortune 500 Companies Were Consistently Profitable Over an 18-Year Period and Paid a 21.2 Percent Average Effective Tax Rate A comprehensive, eight-year study of profitable Fortune 500 corporations finds…
This New York Times Facebook video features ITEP Senior Fellow Matthew Gardner explaining how profitable Fortune 500 companies exploit loopholes in the tax system to avoid paying the statutory corporate…
he study, The 35 Percent Corporate Tax Myth conducted by the left-leaning Institute on Taxation and Economic Policy in Washington, D.C., examined eight years of data on federal income taxes…
A new study from the Institute on Taxation and Economic Policy (ITEP) found that 258 consistently-profitable Fortune 500 companies paid an effective federal income tax rate of 21.2% over an…
