“Sales and excise taxes are the most regressive element in most state and local tax systems,” says the Institute on Taxation and Economic Policy, which examines state tax systems every…
Tim Cook is a persuasive CEO. In a wide-ranging interview published earlier this week in the Washington Post, he discussed his vision for the company, thoughts about leadership succession, and…
Seventeen states, primarily in the Southeast, stand to lose more than $300 million in tax revenue because they waive sales taxes on back-to-school items and other goods, including hunting gear,…
The Institute on Taxation and Economic Policy, meanwhile, says that while the idea for the sales tax holiday as a way for families to save money sounds good, it doesn’t…
The Institute on Taxation and Economic Policy, a Washington, D.C.-based nonprofit, nonpartisan research organization, recently issued a statement about problems with such programs. “Policy makers tout sales tax holidays as…
But the 17 states that will host a sales-tax “holiday” this year will lose a total of about $300 million in tax revenue, according to the Institute on Taxation and…
The Institute on Taxation and Economic Policy lists Mississippi’s taxes as 21st for “most unfair” or regressive, with people’s incomes less equal after state and local taxation. This is largely…
The Institute on Taxation and Economic Policy, a Washington, D.C.-based nonprofit, nonpartisan research organization, recently issued a statement about problems with such programs. “Policy makers tout sales tax holidays as…
According to the Institute on Taxation and Economic Policy, foreign-born residents contributed over $116 billion into the local economy in 2014. Wu says the Energy Corridor is the perfect example…
The liberal Institute on Taxation and Economic Policy is out with a new paper arguing that energy-rich states cut corners and relied too heavily on their wealth of natural resources,…
The Institute on Taxation and Economic Policy again this year called sales-tax holidays ineffective with minimal benefits for low-and moderate-income taxpayers. “Sales tax holidays fall short because they are poorly…
“Sales tax holidays are political gimmicks that fail to deliver on their grand promises,” said Dylan Grundman with the Institute on Taxation and Economic Policy. “They may give consumers a…
Many tax policy experts, however, look askance at the sales tax holiday phenomenon. “They’re really mostly just a political gimmick,” said Meg Wiehe, state tax policy director at the Institute…
The Bay State isn’t the only state to forgo its sales-tax holiday in order to raise additional funds. Kansas, North Carolina, Nebraska, Rhode Island and Wisconsin, state legislators are among…
“For its part, the liberal Institute on Taxation and Economic Policy in a July 11 policy brief likewise questioned the propriety of sales tax holidays, concluding they do little to…
“The shortfall is dramatic. The Institute on Taxation and Economic Policy found that in 2013, the purchasing power of gas tax dollars had declined 22 percent since 1997, plus alternative…
“Seventeen states, primarily in the Southeast, stand to lose more than $300 million in tax revenue because they waive sales taxes on back-to-school items and other goods, including hunting gear,…
“Matt Gardner, executive director of the Institute on Taxation and Economic Policy, argued in a recent blog that repealing the law would be adverse for homeowners who might have to…
“Sales tax holidays are political gimmicks that fail to deliver on their grand promises,” according to a recent memo by Dylan Grundman with the Institute on Taxation and Economic Policy.”…
“Indeed, a recent Institute on Taxation and Economic Policy (ITEP) “Undocumented Immigrants’ State & Local Tax Contributions study found that undocumented immigrants residing in the U.S. pay out an estimated…
“But as the Washington-based research organization Institute on Taxation and Economic Policy (ITEP) points out, no new states introduced tax holidays this year. In fact several states have reduced or…
“In a recent paper, the Institute on Taxation and Economic Policy (ITEP) concluded that US sales tax holidays are “poorly targeted and too temporary to meaningfully change the regressive nature…
“The Institute on Taxation and Economic Policy notes that Washington state has the most regressive tax structure in the country. The poorest 20 percent pay 16.8 percent of their income…
