Institute on Taxation and Economic Policy

Village Voice: Why Cuomo’s Hopes for Trump Infrastructure Cash Could Crumble

December 7, 2016

“And transportation experts warn that plenty of worthy projects would likely fall by the wayside if P3s were the only option. “We’re not going to have private companies filling our potholes or expanding our bus system, because those things aren’t profitable,” says Carl Davis, research director at the D.C.-based Institute on Taxation and Economic Policy. […]

In These Times: Carrier is “Gaming the System” and Trump Just Played into Its Hands

December 5, 2016

“Matthew Gardner, a senior fellow at the Institute on Taxation and Economic Policy, who has critiqued the Trump-Pence Carrier deal in a series of blog posts, told In These Times he sees this entire saga as an example of Carrier “gaming the system” for its own ends on the backs of taxpayers.” Read More

Bloomberg BNA: For Better or for Worse? Tax Policy Changes in New Jersey

December 2, 2016

“But gas taxes are also highly regressive, falling most heavily on low- and middle-income families. In this case, an analysis using the Institute on Taxation and Economic Policy microsimulation model shows the gas tax increase will average 0.54 percent of the incomes of New Jerseyans with incomes less than $25,000, while averaging 0.14 percent of […]

Reno News & Review: No fair

December 1, 2016

“The Institute on Taxation and Economic Policy reports that the poorest 20 percent of Nevada families pay 6.1 percent of their income in sales tax. The wealthiest one percent of Nevada families pays six-tenths of one percent.” Read more

The Hoya: DC Council Approves Eliminating Tampon Tax

November 30, 2016

“The bill has nevertheless encountered opposition from various organizations within the District. Richard Phillips, senior policy analyst at the Institute on Taxation and Economic Policy, a non-profit, nonpartisan think tank that focuses on state and tax policy issues, expressed concerns that the exemption would not be an efficient way to address some of the inherent […]

The Atlantic: Why It’s So Hard to Know What to Make of the Carrier Deal

November 30, 2016

“Additionally, some economists say that it’s bad policy for states to offer up tax breaks for companies who agree to locate plants or other operations in certain communities, a practice that is widespread, with states and municipalities already providing $50 billion in location-incentive tax breaks every year—that’s money that could be used for schools or […]

Austin American-Statesman: Wood: The flaws in Trump’s mass deportation plan

November 28, 2016

“Opponents of undocumented immigrants often assume that these workers don’t contribute to the economy and leech off public services; this simply isn’t true. Many of these people work and contribute to the economy. Research from the Institute on Taxation and Economic Policy indicates that out of the $11.64 billion in taxes paid by undocumented workers […]

Bloomberg BNA: Some Private School “Donors” Use Tax Code to Turn Profit

November 28, 2016

“Carl Davis is the research director at the Institute on Taxation and Economic Policy. ITEP is a non-profit and non-partisan research group that works on federal, state, and local tax issues. On the campaign trail, President-elect Donald Trump said that he would encourage states to provide more public funding for private schools through the creation […]

Mass Transit Magazine: US: Trump’s Infrastructure Plan Dwarfed by Estimates of Need

November 28, 2016

“‘There are still 20 states that have waited a decade or more since last raising their gas tax rates,’ said Carl Davis, research director at the Institute on Taxation and Economic Policy, a progressive think tank. ‘At least a dozen states are going to be discussing gas tax increases next year.'” Read more

The Independent: Donald Trump’s tax plans a ‘massive giveaway’ to richest 1%

November 28, 2016

“Mr Trump also plans to scrap inheritance tax, which is currently only charged on estates worth more than $5.45m (£4.3m) and joint estates of $10.9m (£8.7m), affecting just one in 500 Americans.  ‘It’s hard to think of a tax change that will have a more detrimental effect on inequality,’ Matt Gardner, a senior fellow at […]

Vice Sports: Trump’s Infrastructure Plan Could Be a Giant Sports Welfare Giveaway

November 23, 2016

“P3s are having a bit of a heyday right now, as local governments experiment with having private investors build everything from toll roads to water projects. The method has limitations. For one, notes Carl Davis, research director at the D.C.-based Institute on Taxation and Economic Policy, it can only be used on projects that generate […]

The Guardian: Trump’s tax plan: massive cuts for the 1% will usher ‘era of dynastic wealth’

November 23, 2016

“‘Listening to Trump’s rhetoric, most Americans probably don’t realise at all the impact of Trump’s tax plan,’ Matt Gardner, a senior fellow at the Institute on Taxation and Economic Policy (ITEP) said. ‘Any way you slice it, the very best-off Americans will be the biggest beneficiaries.’ ‘If it looks bad now for middle-income families, those […]

Worcester Telegram & Gazette: Clive McFarlane: Worcester trying to balance tax options

November 23, 2016

“Both the bureau’s and Mayor Petty’s proposal nevertheless would shift a greater share of the tax burden to those least able to afford it. The Institute on Taxation and Economic Policy, for example, has noted that ‘on average, poor homeowners and renters pay more of their income in property taxes than do any other income […]

Albany Times-Union: There’s another way people in expensive cities are ‘penalized,’ and they might not know it

November 21, 2016

“Part of the reason why Albouy’s ideas have not caught on is that it would be complicated.  ‘It would add incredible complexity to the tax code,’ said Matthew Gardner, senior fellow with the Institute on Taxation and Economic Policy. There are many good reasons, he said, why things cost more in New York than they […]

Lincoln Journal Star: UNL students rally in support of a better future

November 21, 2016

“Rodriguez said immigrants have contributed greatly to both the country and state, citing statistics from the Institute on Taxation and Economic Policy which state the 11 million undocumented immigrants in the U.S. have paid more than $11.6 billion in state and local taxes.” Read more

Memphis Commercial Appeal: Memphis Latinos discuss impact of Trump’s election

November 16, 2016

“Also, according to the Institute on Taxation and Economic Policy, undocumented immigrants pay around $11.64 billion in taxes each year.” Read more

Chicago Herald: New Chicago bag tax will boost revenue, but will it cut waste?

November 16, 2016

“Meg Wiehe, state tax policy director at the Institute on Taxation and Economic Policy, a research group based in Washington, D.C., said these one-off taxes on goods exacerbate income inequality. The tax code can’t correct the problem, she said, but it shouldn’t make the problem worse. What’s more, if the tax works as intended, revenue […]

McClatchy DC: Undocumented students asked council to make Washington’s Bellingham a sanctuary city

November 16, 2016

“Prado said undocumented immigrants contribute about $292 million in taxes to Washington state each year, according to the Institute on Taxation and Economic Policy. The amount would be higher with full legal status.” Read more

Mic: Here’s exactly how Donald Trump could hurt the middle class — and how to fight back

November 14, 2016

“‘There was never any real backing for his argument that he was proposing populist tax reform,’ said Matthew Gardner, a senior fellow at nonpartisan nonprofit Institute of Policy and Taxation. ‘If you look at the two pretty similar tax plans he released as a candidate, they had two things in common: one is that they […]

Denver Post: CDOT to test taxing drivers by the mile instead of at the pump

November 14, 2016

“Carl Davis, research director at the Washington, D.C.-based Institute on Taxation and Economic Policy, said it’s true that state governments will have to find alternate ways of generating revenues for road projects as more cars go hybrid and electric. And he lauds Colorado, Oregon and California for testing the per-mile tax concept for the day […]

Albuquerque Journal: Immigrants largely a boon to U.S. economy

November 14, 2016

“And though there are competing analyses about whether unlawfully present immigrants contribute more to the economy than they cost in education and health expenses, what cannot be denied is that, according to the nonpartisan Institute on Taxation and Economic Policy, illegal immigrants contribute more than $11.6 billion to state and local coffers each year and […]

St Louis Post: Missouri’s new governor will need new ideas to fix a broken tax structure

November 14, 2016

“Governor-elect Eric Greitens has bold tax-reduction plans for Missouri but vague budget-balancing ideas. He should pay attention to the advice of Dylan Grundman, a senior analyst with the Institute on Taxation and Economic Policy in Washington. Grundman warned the commission of ‘three paths to avoid.’ One is to cut income taxes in hopes of spurring […]

Telsur: Trump Vows to Deport up to 3 Million Undocumented Migrants Immediately

November 14, 2016

“On the campaign trail, he promised to deport all undocumented immigrants in the United States — a whopping 11 million people who pay US$11.6 billion or more per year in taxes, according to the Institute on Taxation and Economic Policy.” Read more

Telesur: Fear Brews Among Latinos as They Brace for Trump Presidency

November 10, 2016

“The Republican firebrand went as far to propose deporting all undocumented immigrants — a whopping 11 million people who pay US$11.6 billion or more per year in taxes, according to the Institute on Taxation and Economic Policy.” Read more

San Jose Mercury: Trump tax plan could lure Silicon Valley companies’ cash hoards back to U.S.

November 10, 2016

“Whether a tax holiday for these firms is good for the U.S. economy and taxpayers is a different issue. ‘It’s a terrible idea. Giving any kind of a lower tax rate on these profits amounts to rewarding bad actors for trying to dodge taxes,’ said Matthew Gardner, senior fellow at The Institute on Taxation and […]