June 10, 2016
“According to a study titled, “Undocumented Immigrants State and Local Tax Contributions,” by the Institute on Taxation and Economic Policy, undocumented immigrants contribute over $11 billion annually in state and local taxes.” Read more
June 7, 2016
“Meanwhile, a national tax expert, Carl Davis of the nonpartisan Institute on Taxation and Economic Policy, said he was unaware of any similar programs in other states, and warned that if the pilot is expanded beyond five towns, it could pit cities and towns against one another and promote business poaching.” Read More
June 7, 2016
“Anyone making $80,000 or less a year is paying two to three times the tax rate of Arizona’s one percenters. Wealthier people may pay a higher percentage in state income taxes, but they pay a far lower rate when it comes to other taxes, especially sales tax. According to the ITEP figures, people who make […]
June 3, 2016
“The tax cutting in Mississippi didn’t stop with the franchise tax. The measure signed by the governor also significantly reduced personal income taxes. Basically, the state will exempt the first $10,000 of earnings from income tax. This will, as my friends at the Institute on Taxation and Economic Policy (ITEP) point out, skew the benefits […]
May 31, 2016
“He cited reports, including one by the nonpartisan Institute on Taxation and Economic Policy that found tax incentives to be “costly for states” and “a drag on national economic growth.”” Read more
May 31, 2016
“Lembo highlighted reports, including one by the nonpartisan Institute on Taxation and Economic Policy that found tax incentives are “costly for states” and “a drag on national economic growth.”” Read more
May 31, 2016
“This may seem negligible to the state’s wealthy and middle class, but not to a poor family with a breadwinner struggling at the margins. The method chosen is deporable – cutting the state share of the earned-income tax credit for low-income workers, a federal program widely praised as an effective life from poverty. “It’s one […]
May 27, 2016
“Indiana Immigrants who are here illegally paid $108.9 million in state and local taxes in 2010, according to the Institute on Taxation and Economic Policy. But were they to have legal status, they would have paid $141.7 million in state and local taxes, according to the group.” Read more
May 27, 2016
“The Institute on Taxation and Economic Policy reportedly said repealing the Hall tax will cause Tennessee’s tax system to become more regressive, because it will benefit the wealthiest taxpayers, while the majority of Tennesseans will see no benefit at all.” Read more
May 27, 2016
“The Institute on Taxation and Economic Policy estimated that undocumented immigrants pay $11.6 billion per year in income, sales and property taxes.” Read more
May 23, 2016
“New, more fuel-efficient cars have eaten into gas tax revenue. Furthermore, many gas tax rates — including Oregon’s 30-cent levy — have not kept up with inflation. In Oregon, the effective tax rate will fall to less than 24 cents per gallon in inflation-adjusted terms within 10 years, according to the Institute on Taxation and […]
May 23, 2016
“A data analysis by the Institute on Taxation and Economic Policy shows that the measure would eliminate Oklahoma’s credit for about 130,000 households, reduce its benefits for about 70,000 and leave it untouched for another 130,000.” Read more
May 23, 2016
“Justamente Trump argumenta que no puede publicar sus impuestos porque está en plena auditoría. El director ejecutivo del Institute on Taxation and Economic Policy, Matt Gardner, dijo a Univision Noticias que esas comprobaciones “no son inusuales para los individuos con grandes patrimonios”. Les pasa en el 16% de los casos, comparado con el 1% de […]
May 23, 2016
“The governor’s office did not issue a comment on his action. But the Institute on Taxation and Economic Policy, which analyzes tax policy from a progressive standpoint, says repealing the Hall income tax will make Tennessee’s tax system more regressive than it already is because it will benefit the wealthiest taxpayers the most while the […]
May 23, 2016
“Dylan Grundman, senior analyst at the Institute on Taxation and Economic Policy, called elimination a “major step backward for tax fairness in Tennessee, not to mention a brazen giveaway to the wealthiest Tennesseans.” Read more
May 23, 2016
“The Institute on Taxation and Economic Policy, which analyzes tax policy from a progressive standpoint, says repealing the Hall income tax will make Tennessee’s tax system more regressive than it already is because it will benefit the wealthiest taxpayers the most while the majority of Tennesseans will see no benefit at all.” Read more
May 23, 2016
“Dylan Grundman, senior analyst at the Institute on Taxation and Economic Policy, called elimination a “major step backward for tax fairness in Tennessee, not to mention a brazen giveaway to the wealthiest Tennesseans. “Already, Tennessee’s lack of a broad-based income tax and comparatively high sales tax make the state’s tax system one of the most […]
May 23, 2016
“A data analysis by the Institute on Taxation and Economic Policy shows that the measure would eliminate Oklahoma’s credit for about 130,000 households, reduce its benefits for about 70,000 and leave it untouched for another 130,000.” Read more
May 23, 2016
“A study by the Institute for Taxation and Economic Policy, a Washington, D.C.-based group, shows that taxpayers who earn more than $103,000 would shoulder 76 percent of the tax increase.” Read more
May 23, 2016
“Some critics of raising the sales tax say it hits low-income families the hardest while others argue the debate should not be framed as low versus high-income residents. “Low income families have to spend most or all of what they earn to make ends meet and what they are spending is subject to sales tax,” […]
May 23, 2016
““It’s one of the most valuable antipoverty programs on the books today,” said Carl Davis, research director of the Institute on Economic Policy and Taxation. “This is very much a tax credit designed to benefit working families.”” Read more
May 18, 2016
“An analysis from the left-leaning Institute on Taxation and Economic Policy found that while poor and middle-income families pay about 10 percent of their income in state and local taxes, the highest-earning families pay just 6.5 percent.” Read more
May 16, 2016
“As of June 1, 2015, Amazon was collecting sales tax in 25 states, covering 77 percent of the country’s population, according to the Institute on Taxation and Economic Policy. Amazon expressed support for a legislation that would make it easier for states to collect sales tax from online retailers.” Read more
May 16, 2016
“Most of us pay about 10.5 percent in state and local taxes according to the Institute on Taxation and Economic Policy. Wealthiest residents pay between 5.3 percent and 7.6 percent. Taxing the wealthiest the same as the rest of us would add an additional $3 billion per year. That would solve many problems, including monies […]
May 16, 2016
“Like most other proposed income tax cuts, benefits from the Mississippi plan would flow most to high-earning households. Projections from the liberal-leaning Institute on Taxation and Economic Policy show the lowest-earning 20 percent of taxpayers, making $16,000 or less, would save an average of $14 a year. Those earning in the top 95 percent to […]