July 20, 2017 • By ITEP Staff
Earlier this year, the Trump administration released some broadly outlined proposals to overhaul the federal tax code. Households in California would not benefit equally from these proposals. The richest one percent of the state’s taxpayers are projected to make an average income of $2,746,600 in 2018. They would receive 64.7 percent of the tax cuts that go to California’s residents and would enjoy an average cut of $149,710 in 2018 alone.
July 11, 2017 • By ITEP Staff
Illinois and New Jersey made national news earlier this month after resolving their contentious budget stalemates. But they weren’t the only states working through (and in some cases after) the holiday weekend to resolve budget issues.
June 14, 2017 • By ITEP Staff
This week lawmakers in California and Nevada resolved significant tax debates, while budget and tax wrangling continued in West Virginia, and structural revenue shortfalls were revealed in Iowa and Pennsylvania. Airbnb increased the number of states in which it collects state-level taxes to 21. We also share interesting reads on state fiscal uncertainty, the tax experiences of Alaska and Wyoming, the future of taxing robots, and more!
June 7, 2017 • By ITEP Staff
This week, we celebrate a victory in Kansas where lawmakers rolled back Brownback's tax cuts for the richest taxpayers. Governors in West Virginia and Alaska promote compromise tax plans. Texas heads into special session and Vermont faces another budget veto, while Louisiana and New Mexico are on the verge of wrapping up. Voters in Massachusetts may soon be able to weigh in on a millionaire's tax, the California Senate passed single-payer health care, and more!
April 27, 2017 • By ITEP Staff
Guest Blogger; Josue Chavarin, Program Associate at the California Endowment California’s counties gain hundreds of millions of dollars in tax revenues from undocumented residents— collectively over $1.53 billion according to a new analysis from the Institute on Taxation and Economic Policy. Public debates in California over immigrants, specifically around undocumented immigrants, often suffer from insufficient […]
April 24, 2017 • By ITEP Staff
Public debates in California over immigrants, specifically around undocumented immigrants, often suffer from insufficient and inaccurate information about the contributions of undocumented immigrants, particularly their tax contributions at the local and state level. The fact of the matter is undocumented immigrants living in the California pay millions of dollars each year in local taxes to the counties where they live (estimated to be more than $1.5 billion) and collectively an estimated $3 billion combined in state and local taxes. A little more than half of the total state and local taxes undocumented immigrants in California pay flow to local governments.
April 18, 2017
The California Earned Income Tax Credit (CalEITC), established in 2015, is a refundable state tax credit that helps low-earning workers and their families make ends meet and build toward economic security.[1] Yet, fewer than 1 in 5 visitors to county human services offices who were likely eligible for this new tax credit had heard of […]
April 14, 2017
With Tax Day — the deadline for filing personal income taxes — coming up next Tuesday, it’s a good time to reflect on the purpose of our tax system. As we pointed out in Who Pays Taxes in California?, tax policy is not only a means to an end, allowing us to collectively generate the […]
January 9, 2017
“Proposition 30, approved by voters in 2012, provided critical revenues to California at a time when the state faced daunting budgetary challenges. Prop. 30’s tax rate increases are scheduled to fully expire at the end of 2018. Prop. 55, which will appear on the November 8, 2016 statewide ballot, would extend for 12 years the […]
January 9, 2017
Proposition 30, approved by voters in 2012, provided critical revenues to California at a time when the state faced daunting fi scal challenges. These revenues increased school funding and allowed for reinvestment in other public services after years of cuts. Prop. 30’s tax rate increases are scheduled to expire over the next several years. Although […]
October 14, 2016
“’There has been a lot of procrastination,’ said Carl Davis, research director of the Institute on Taxation and Economic Policy. ‘It’s an issue that the states cannot put off any longer. There are 21 states which have gone a decade or more since the last time they increased their gas tax rate. These states have […]
October 11, 2016
“But tax experts like Carl Davis, a senior policy analyst at the Institute on Taxation and Economic Policy, say there’s no proof that state income taxes on top earners have much effect at all on where millionaires choose to live. He pointed to a recent research study by a Stanford professor that found millionaires are […]
September 8, 2016
“We don’t know how much tax Donald Trump pays because he won’t release his returns. But we do know how much undocumented immigrants contribute annually. According to the Institute on Taxation and Economic Policy’s 50 state study, America’s “11 million” pay $11.64 billion a year in state and local taxes.” Read more
August 31, 2016
“However, evidence challenges that stigma, showing that undocumented workers do pay taxes. The Institute on Taxation and Economic Policy found that undocumented immigrants pay nearly $12 billion a year in state and local taxes. California alone pulls in more than $3 billion in tax revenue from its estimated 3 million undocumented immigrants.” Read more
August 26, 2016
“A report released by the Institute on Taxation and Economic Policy in February of this year found that, in sum, undocumented people paid an estimated $11.64 billion in local and state taxes. As undocumented people, they will never see that money back because contrary to common belief, they do not qualify to receive government assistance.” […]
July 6, 2016
“Research suggests those 3 million people give back to the economy. The nonpartisan Washington, D.C.-based Institute on Taxation and Economic Policy estimates that California’s illegal immigrants contribute more than $3.1 billion annually in state and local taxes.” Read more
June 28, 2016
“Nationwide, undocumented immigrants collectively pay almost $12 billion a year in state and local taxes, with more than $3. 1 billion coming from California alone, according to The Institute on Taxation and Economic Policy. Advocates emphasize that they reap no benefits from their contributions.” Nationwide, undocumented immigrants collectively pay almost $12 billion a year in […]
June 28, 2016
“The nonpartisan Washington, D.C.-based Institute on Taxation and Economic Policy estimates undocumented immigrants in California contribute more than $3.1 billion annually in state and local taxes.” Read more
June 22, 2016
“Carl Davis, research director at the Institute of Taxation and Economic Policy, told the Washington Examiner there’s no short-term fix for the “congested and crumbling infrastructure,” but added he’s encouraged to see state legislatures experiment.” Read more
June 20, 2016
“The poorest 20 percent of households — those making less than $23,000 a year — are paying about $200 more, on average, according to an analysis by the Institute on Taxation and Economic Policy in Washington. For the middle class, the changes have been a wash, with less-affluent households paying somewhat more and more-affluent households […]
June 17, 2016
“Most people don’t realize the significant economic contributions of undocumented Californians. According to the Institute on Taxation and Economic Policy, they paid more than $3.1 billion in taxes in 2013. Immigrants and their children — who make up more than 42 percent of our population — contribute more than $650 billion to California’s annual GDP.” […]
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 […]
April 19, 2016
“A recent report says that in 2012, California received more than $3.2 billion in taxes from people who were in the U.S. illegally. The report comes from the Washington, D.C.-based Institute on Taxation and Economic Policy. “The idea that undocumented individuals are paying nothing into the system at all is ludicrous on its face,” said […]
March 30, 2016
“The Institute on Taxation and Economic Policy in Washington, D.C., recently released its 50-state study on undocumented immigrants, which shows the group, estimated at 11 million residing in the states, paid $11.6 billion in state and local taxes. A media representative said its analysis does not include costs associated to the group.” Read more
January 14, 2016
“Nunez said that it was long overdue for undocumented children to receive benefits, especially when their parents contribute billions of dollars to the economy through taxes. In fact, according to the Undocumented Immigrants’ State and Local Tax Contribution, overseen by the Institute on Taxation and Economic Policy, the 3.1 million undocumented residents living in California […]