May 12, 2016
““Property taxes have been a bone of contention for the past decade in Florida,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a Washington, D.C., think tank. “Everyone seems to agree that their property taxes are too high.” The state and local sales tax in Florida can reach as high […]
May 12, 2016
“Most Tennesseans, however, won’t see much, if any, benefit from the Hall tax phase-out, according to the Institute on Taxation and Economic Policy, which contends sales taxes are unfair. The state’s wealthiest 1 percent, making an average of $1.2 million, would receive tax cuts of about $870 the first year. Households in the bottom 95 […]
May 12, 2016
“Carl Davis, research director at the Institute on Taxation and Economic Policy, said it was possible the prices of other products would rise but not probable in most circumstances. He said smaller convenience stores would be more likely to raise prices on other products than larger grocery stores because they likely take in a greater […]
May 9, 2016
“Matt Gardner, executive director of the Institute on Taxation and Economic Policy, said he’s optimistic but admitted trying to get Americans to really demand corporate tax reform feels Sisyphean: “There’s basically no appetite for reform,” he said. “In the case of Apple, people are so enamored with their iPhones that they can’t see the company. […]
May 9, 2016
“The Institute on Taxation and Economic Policy, a nonpartisan but left-leaning group based in Washington, D.C., put out a statement Wednesday criticizing the department’s analysis for not taking into account the economically positive impact additional revenue generated by the proposal would have. The type of economic modeling the department used “is notoriously difficult — and […]
May 9, 2016
“Legislators claim the break is designed for seniors and retirement savings, but the vast majority of seniors — indeed, the vast majority of all Tennesseans — fall well below the threshold where the Hall tax starts, or receive funds wholly exempt from it. The Institute on Taxation and Economic Policy crunched the actual numbers and […]
May 9, 2016
“According to the Center on Budget and Policy Priorities, 69,000 Connecticuters (that’s the official term) were lifted out of poverty each year between 2011 and 2013 by the EITC. Meg Wiehe, a senior policy analyst at the Institute on Taxation and Economic Policy, produced an analysis of the tax changes for showing that Connecticut’s tax […]
May 9, 2016
“Carl Davis, research director at the Washington-based Institute on Taxation and Economic Policy, said that’s one of the key reasons people are watching Philadelphia. “Both sides argue using limited data,” he said. “We’re citing a limited number of facts here. Researchers and lawmakers and everyone else will be interested to see what kind of effects […]
May 7, 2016
Meg Wiehe, a senior policy analyst at the Institute on Taxation and Economic Policy, produced an analysis of the tax changes for showing that Connecticut’s tax system has become modestly more progressive since he took office. “The tax changes enacted in Connecticut in 2011 under the leadership of Governor Malloy improved the progressivity of the […]
May 5, 2016
“A plan being discussed by Legislative leaders would eliminate the Child Tax Credit and reduce by one-fourth the Earned Income Tax Credit and the Sales Tax Relief Credit. This would shift taxes onto those families who were largely left out of Oklahoma’s income tax cuts, and it would have the worst impact on families raising […]
May 5, 2016
“The Institute on Taxation and Economic Policy, a nonpartisan but left-leaning group based in Washington, put out a statement Wednesday criticizing the department’s analysis for not taking into account the positive economic impact additional revenue generated by the proposal would have.” Read more
May 3, 2016
“Tax fairness. A measure calculated by the Institute on Taxation and Economic Policy (link is external) that compares the tax burden (including all types of taxes) of the middle 60% of earners to the top 1%” Read more
May 3, 2016
“Well, we can follow the example of states that have passed bipartisan tax reform to address the problem of getting corporations to pay a fair share of taxes in their state. The solution was “apportionment” of corporate income taxes, where a share of taxes to be paid by a corporation to a state is based […]
May 3, 2016
“In a study recently conducted by a respected Washington think tank, the Institute on Taxation and Economic Policy, income tax cuts over the past decade in Oklahoma reduced this year’s revenue by about $1 billion dollars.” Read more
May 3, 2016
“Matt Gardner, executive director of the left-leaning Institute on Taxation and Economic Policy, said adopting a graduated income tax would go “right to the heart of the state’s budget woes.” “There’s a chronic revenue need, and anything that raises substantial revenues is going to make it easier for the state’s budget process going forward,” Gardner […]
May 3, 2016
“It isn’t just that the wealthy — households in the top 1 percent in Vermont whose average income is $978,400 — paid 7.7 percent of their income in total state and local taxes last year, less than the 10.5 percent paid by middle-income households averaging $45,600, or even the 8.9 percent paid by the lowest-income […]
May 3, 2016
“Matthew Gardner, head of the Institute on Taxation and Economic Policy, a tax research group, said most tax reform plans would still need a tax collector with enforcement powers. “It’s hard to imagine a situation in which we wouldn’t need a sophisticated tax collection and enforcement capacity,” he said.” Matthew Gardner, head of the Institute […]
May 3, 2016
“The Rev. Theron Jackson, of Shreveport, citing an analysis from the Washington-based Institute on Taxation and Economic Policy, said tax hikes from the special legislative session earlier this year will disproportionately affect poorer residents. Legislators raised about $1.1 billion for the coming year’s budget — much of that through temporarily increasing the state’s sales tax.” […]
May 3, 2016
“Democrats: Members of the Young Democrats supported the idea of granting amnesty and full rights, including welfare, to undocumented immigrants, citing a recent report by the Institute on Taxation and Economic Policy that stated 11 million undocumented immigrants are paying an estimated yearly $11.64 billion in state and federal taxes. Chapman Democrats argued that if […]
May 3, 2016
“Responses to April 27 Feedback from Nancy Iden, ‘Donald Trump has my vote’: “Nancy Iden conveniently ignores the fact that illegal immigrants pay a lot of taxes. ‘The 50-state analysis by the Institute on Taxation and Economic Policy released on Thursday found that roughly 8.1 million of 11.4 million undocumented immigrants who work paid more […]
May 3, 2016
“Matthew Gardner, head of the Institute on Taxation and Economic Policy, a tax research group, said most tax reform plans would still need a tax collector with enforcement powers. “It’s hard to imagine a situation in which we wouldn’t need a sophisticated tax collection and enforcement capacity,” he said.” Read more
May 3, 2016
“Held at Mount Zion First Baptist Church and hosted by Together Louisiana, a coalition of religious congregations and civic organizations, the event highlighted an analysis of the special session conducted by the Institute on Taxation and Economic Policy.” Read more
April 28, 2016
“Los números de identificación de contribuyentes les permite reportar salarios al IRS y pagar impuestos. Nadie sabe exactamente cuánto pagan en impuestos los inmigrantes indocumentados. El Institute on Taxation and Economic Policy, un grupo de investigación con sede en Washington, D.C., publicó un informe en febrero calculando que las familias de los indocumentados en todo […]
April 28, 2016
“A problem with relying on sales taxes is that, compared with income or property taxes, they hit the poor the hardest. “Low-income people spend most, if not all, of their income on just getting by,” said Matt Gardner, executive director of the Washington, D.C.-based Institute on Taxation and Economic Policy (ITEP). Even though wealthier people […]
April 28, 2016
“Carl Davis, the research director at the Institute on Taxation and Economic Policy, told Billy Penn last month soda taxes like the one proposed by Philadelphia are “imperfect:” “The first thing you realize is that it is regressive. It’s going to hit lower and more moderate income families more heavily than higher-income families.”” Read […]