Low gas prices, a desperate need for revenue to fix crumbling roads, and a post-election period that gives politicians the space to tackle controversial issues have breathed life into efforts…
According to Reuters, Carl Davis, a research director at the non-partisan Washington D.C.-based Institute on Taxation and Economic Policy says three factors, including low gas prices, a crumbling transportation infrastructure,…
According to figures from the Institute on Taxation and Economic Policy, about a quarter of the estimated $200 million that would be generated by restoring the full sales tax on…
An analysis by the Institute on Taxation and Economic Policy shows the average annual nominal tax cut for the wealthiest 1 percent of Nebraskans would be $5,810, while the average…
Several organizations have rated Tennessee’s tax system poorly because of the high sales tax and no state income tax. The Institute on Taxation and Economic Policy rated Tennessee as one of…
We asked the Institute on Taxation and Economic Policy, a national nonprofit research group with a model of state and local tax systems, to analyze how the proposal would affect…
An analyst with the Institute on Taxation and Economic Policy in Washington, D.C., examined the net effect of Amazon collecting the 4.225 percent state sales tax, starting Feb. 1, in…
“This is highly unusual, what’s being talked about in Colorado right now,” said Carl Davis, research director with the Institute on Taxation and Economic Policy. And it can largely be…
The Institute on Taxation and Economic Policy estimates that undocumented immigrants in Texas pay about $1.5 billion in state and local taxes. (Texas has no state income tax, but it…
According to Meg Wiehe, the director of programs for the Institute on Taxation and Economic Policy, “Undocumented immigrants contributed more than $11.6 billion in state and local taxes each year.…
In fact, most low- and middle-income residents already pay more in consumption taxes than they do in incomes taxes, according to a new report from the Institute on Taxation and…
The result has been to make state and local taxes, on the whole, regressive. The share of income paid by the poorest 20 percent is twice that of the richest…
Critics of these tax cuts note that states with no income tax tend to put a higher share of the tax burden on low-income residents. According to a 2015 report…
Carl Davis, research director for the Washington, D.C.-based think tank Institute on Taxation and Economic Policy, estimated the state of Missouri could collect between $30 million and $34 million annually…
Hewes pointed to a number of sources of information, including a 2015 report from The Institute on Taxation and Economic Policy. According to this report, “unauthorized immigrants in Connecticut paid…
Aligned with conservatives in the Senate, Brownback steadfastly refused to consider a direct reversal of the original tax plan, insisting that the state continue on its path toward replacing the…
Other organizations, like the Institute on Taxation and Economic Policy, regard Tennessee’s tax structure statewide as regressive, meaning it inhibits growth and proportionally taxes the poorest Tennesseans the hardest. The…
“Too many states are leaning heavily on regressive sales and excise taxes to balance their budgets, or to fund cuts in progressive income taxes and estate taxes,” Carl Davis, Institute…
In both Colorado and Kansas, the tax increases would help cover projected budget deficits. That can be a dangerous habit, said Meg Wiehe of the progressive-leaning Institute on Taxation and…
A new analysis from the Institute on Taxation and Economic Policy (ITEP) reveals that the likes of Apple and Oracle seem to be some of the biggest winners of Trump’s…
According to the Institute on Taxation and Economic Policy, five states have not implemented an increase in their gas tax rates since the 1980s or earlier: Alaska, Oklahoma, Mississippi, South…
“Governor Haslam argues that Tennessee hasn’t raised the gas tax in a long time. In fact, the Institute on Taxation and Economic Policy finds that the 27 years since we…
“A further problem facing oil states such as Oklahoma, Louisiana, North Dakota and West Virginia is deep cuts they made to severance and other taxes “when times were good,” Carl…
“Another progressive group, the Institute on Taxation and Economic Policy, found that Fortune 500 companies would rack up more than a half-trillion dollars due to Trump’s onetime 10 percent repatriation…
