Institute on Taxation and Economic Policy

ITEP's Research Priorities

Governing: Coming Soon to 6 States: Online Sales Taxes From Amazon

January 30, 2017

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 from Amazon sales, based on an analysis of revenue generated in other states. “We’re supporters of sales tax being collected on online purchases in the […]

Hartford Courant: Windham Works On Sanctuary City Resolution

January 30, 2017

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 $136.6 million in state and local taxes in tax year 2012, including $67.1 million in sales taxes, $53.9 in property taxes, and $15.5 in personal […]

Lawrence World Journal: Voters, please pay close attention

January 30, 2017

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 income tax entirely with consumption taxes. The most he would do was freeze the rates, and the result was a plan that will place an […]

The Tennessean: Grocery tax proposal complicated for most Tennesseans

January 30, 2017

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 group rates Tennessee as one of the “Terrible Ten” and among the worst tax structures in the country. Read more

Bloomberg BNA: States Plan Uneasily for Spending, Taxing in Trump’s Shadow

January 30, 2017

“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 on Taxation and Economic Policy’s research director, told Bloomberg BNA. Raising taxes and cutting spending are the options for states in dire straits. The straightforward […]

Governing: Despite Budget Shortfalls, Some Governors Call for Tax Cuts

January 26, 2017

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 Economic Policy, because such tax increases tend to discourage consumption. “Politically speaking they’re low-hanging fruit,” she said. “The problem in relying on this is it […]

Market Exclusive: Losses And Gains For Gilead Sciences, Inc. (NASDAQ:GILD) Under President Trump Expected

January 26, 2017

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 presidency and especially if the repatriation proposal is put into place.  U.S. firms currently have $2.5 trillion in offshore earnings, which translates to $720 billion […]

Chattanooga Times Free-Press: Tennessee House GOP pursues anything-but-gas-tax-increase plans for road funding

January 26, 2017

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 Carolina and Tennessee. That’s longer than any of the 45 other states. Read more

WDEF: HOW WOULD TENNESSEE STACK UP AGAINST OUR NEIGHBORS WITH NEW GAS TAX?

January 23, 2017

“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 raised the tax is one of the longest streaks in the nation. Tennessee ranks 5th longest without a tax increase in their graph.” Read more

Bloomberg BNA: Congress, Courts, Oil Among Pressures on State Budgets

January 23, 2017

“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 Davis, research director at the Institute on Taxation and Economic Policy, told Bloomberg BNA.” Read more

Politico: Mnuchin hits the hot seat

January 23, 2017

“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 rate.” Read more

Star Ledger: Will Trump deport N.J. unauthorized immigrants in college under Christie ‘Dream Act’?

January 23, 2017

“A 2015 analysis by non-partisan Institute on Taxation and Economic Policy found that New Jersey has an estimated 528,000 unauthorized immigrants, and their average family income was just $34,500.” Read more

New York Times: Federal Policy Will Shift. Not All States Will Shift With It.

January 23, 2017

“But the Institute on Taxation and Economic Policy in Washington reports that these fears were overblown, citing a recent Stanford University study. It found that million-dollar income earners are actually less likely to move than Americans earning only average wages; fewer than 2 percent of the tiny fraction of those millionaires who did move cited […]

News-Times: Estate tax change makes no sense

January 23, 2017

“According to the Institute on Taxation and Economic Policy, Connecticut’s top 1 percent (making more than $1.33 million a year) saw just 5.3 percent of their incomes go to taxes in 2015 (income, and sales). Conversely, the bottom 20 percent (making less than $25,000 a year) paid nearly twice that. Meanwhile, 40 percent paid a […]

ATTN: Robert Reich Addressed This Claims About Undocumented Workers ‘Stealing Jobs’

January 19, 2017

“According to a 2016 report from the left-leaning Institute on Taxation and Economic Policy, undocumented immigrants contribute about $12 billion in local and state taxes each year. The group also contributed about $7 billion toward Social Security, which they are barred from benefiting from, the conservative think tank Heritage Foundation estimated.” Read more

The Street: Why Trump’s Potential $500 Billion Tax Holiday Could Make Apple and Microsoft Huge Winners

January 19, 2017

“Major corporations including Apple (AAPL) , Microsoft (MSFT) and Oracle (ORCL) will save billions of dollars in taxes if Trump is able to enact the repatriation holiday he promised on the campaign trail, according to a new analysis from the Institute on Taxation and Economic Policy (ITEP), a Washington, D.C.-based think tank. Instead of taxing […]

Register Herald: Flat tax would make most Ohioans pay more

January 14, 2017

“Using a sophisticated model of Ohio’s tax system, the national research group, Institute on Taxation and Economic Policy (ITEP), found that with a 3.5 percent flat tax, 72 percent of Ohioans would pay more state income tax, while just 4 percent would pay less. The remaining 24 percent would pay the same amount as they […]

AL.com: In immigration debate, Trump and Clinton voters tussle over term ‘illegal immigrant’

January 14, 2017

“Undocumented immigrants paid $13 billion in payroll taxes in 2010, according to an estimate by the U.S. Social Security Administration. At least 50 percent of undocumented immigrant households file tax returns using Individual Tax Identification Numbers, according to the non-partisan research Institute on Taxation and Economic Policy. The group also estimated undocumented immigrants pay $11.64 […]

Poughkeepsie Journal: The state of Hudson Valley immigration

January 14, 2017

“Whatever one’s political view, the fate of New York’s immigrant population could have a significant impact on state and local economies. Undocumented immigrants make up a large portion of the workforce in New York industries like construction, landscaping, food and cleaning services, and farming operations upstate and on Long Island. The non-profit Institute on Taxation […]

Seven Days: Afford-Ability: Can Gov. Phil Scott Deliver a Bigger Slice of the Pie?

January 12, 2017

“Despite all the ink spilled over the state’s supposedly high tax burden, Vermont’s effective tax rate is roughly average. And according to a 2015 study by the left-leaning Institute on Taxation and Economic Policy, “Vermont’s tax system is among the least regressive in the nation because it has a highly progressive income tax and low […]

CNN: Trump’s Tangled Web of Businesses

January 12, 2017

“In fact, as with most businesses, most of Trump’s are registered in Delaware, known for its business-friendly courts and tax policies, but also the lack of disclosure requirements, according to Matthew Gardner, a fellow at the Institute on Taxation and Economic Policy.” Read more

Bloomberg BNA: Oil States View Taxes Warily in Battling Crude Market Dips

January 12, 2017

“That means, however unpopular, “residents are going to have to pay more” to maintain local governments and their services, Carl Davis, an analyst at the Institute on Taxation and Economic Policy, told Bloomberg BNA.” Read more

NPR: Gas Taxes May Go Up Around The Country As States Seek To Plug Budget Holes

January 12, 2017

“Raising fuel taxes helped the state in the 1980s, and lawmakers might try it again. Carl Davis, research director at the Institute on Taxation and Economic Policy, says Oklahoma lawmakers have good reason to raise taxes at the pump. “The state has one of the oldest gas tax rates in the country,” he says. “It’s […]

Common Wealth: Dump the millionaire tax

January 12, 2017

“The state also supplements the federal Earned Income Tax Credit for joint filers with income less than $50,000. According to the Institute on Taxation and Economic Policy, these adjustments resulted in the lowest 20 percent of Massachusetts filers paying an effective state income tax rate of 0.8 percent in 2015. The next quintile pays an […]

Salina Journal: Nixing tax reform obstacles

January 12, 2017

“The LLC exemption — which eliminated taxes on pass-through business income and relieved the tax burden for more than 330,000 Kansas business owners — was passed and signed almost half a decade ago. The exemption has cost our state hundreds of millions of dollars since then (the Institute on Taxation and Economic Policy says it […]