
April 8, 2025
The Institute on Taxation and Economic Policy reports that Delaware has the 40th most regressive state and local tax system in the country. That means those who earn the most will pay the least taxes, between property taxes, income and excise tax and more.
March 15, 2021
The Institute on Taxation and Economic Policy’s regular assessment of state taxes concludes that just five states and the District of Columbia have positive scores on progressivity: California, Delaware, New Jersey, Vermont and Minnesota. The progressive systems rely less on consumption taxes and more on income taxes, with rates that increase with wealth. They also […]
December 22, 2020
The stimulus, approved as part of a large end-of-year catchall package including traditional spending measures, also allocates $82 billion in support to school systems and higher education institutions, $10 billion for childcare assistance, $13 billion to assist people facing hunger, and $13 billion to support farmers who have suffered losses during the pandemic. According to […]
March 12, 2019
According to a new report by the progressive think tank Institute on Taxation and Economic Policy (ITEP), as relayed in the Washington Post, state and local governments that are heavily reliant on sales and excise taxes, rather than income taxes, shift the economic burden onto low- and moderate-income taxpayers. At every level, those who work […]
October 12, 2018
Some critics of Delaware LLCs say until Delaware's corporate code is adjusted, criminal activity will continue to exist in Delaware's corporations. Matthew Gardner, a senior fellow at the Institute on Taxation and Economic Policy, authored a report entitled "Delaware: An Onshore Tax Haven."
May 16, 2018
A 2015 report by the Institute on Taxation and Economic Policy, a non-profit, non-partisan, tax policy think tank, said Delaware’s tax code made it “a magnet for people looking to create anonymous shell companies, which individuals and corporations can use to evade an inestimable amount in federal and foreign taxes.” Read more
May 10, 2017
Bloomberg BNA: Tell us a little bit about yourself and your work at the Institute on Taxation and Economic Policy (ITEP)? Wiehe: I am ITEP Deputy Director, my primary responsibility being to plan and execute state policy work, so I have a real bird’s eye view for what is happening in all 50 states, plus […]
January 12, 2017
“In fact, as with most businesses, most of Trump’s are registered in Delaware, known for its business-friendly courts and tax policies, but also the lack of disclosure requirements, according to Matthew Gardner, a fellow at the Institute on Taxation and Economic Policy.” Read more
April 25, 2016
“A report by the Institute on Taxation and Economic Policy, titled Delaware: An Onshore Tax Haven, said the state’s tax code made it “a magnet for people looking to create anonymous shell companies, which individuals and corporations can use to evade an inestimable amount in federal and foreign taxes”.” Read more
April 8, 2016
“In Wyoming, Nevada and Delaware, it’s possible to create these shell corporations with virtually no questions asked,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a nonprofit research organization in Washington.” Read more
April 6, 2016
“I’m not sure any of us are raising our eyebrows at much of anything here,” said Matt Gardner, executive director of the Institute of Taxation and Economic Policy, adding that Congress needs to put a stop to states such as Delaware that attract companies to incorporate there with a more favorable regime. “It shouldn’t be […]
February 26, 2016
“Immigrants living illegally in the United States paid $11.6 billion in state and local taxes in 2013, including $590 million collected in New Jersey, $139 million in Pennsylvania, and $12 million in Delaware, according to a study released Wednesday by the Institute on Taxation and Economic Policy. The Washington research group said its 50-state analysis, which […]
February 22, 2016
“According to the Institute on Taxation and Economic Policy, the cherry on this tax-reduction sundae is that Toys R US can, in turn, take the royalty payment as a deductible business expense off their state tax returns. In 1990, Geoffrey LLC received $55 million in royalty income, “and Toys R US was able to avoid […]
December 22, 2015
“The rhetoric from anti-immigrants is that they come here to usurp benefits they do not deserve. The reality is that many of these immigrants – both undocumented and documented – provide more than they actually receive. For example, out of any undocumented immigrant’s pay check there is a tax on social security and Medicaid – […]
October 5, 2015
The survey found that most Americans think “fair” tax systems are designed to impose higher taxes on higher-income households and lower taxes on lower-income households. WalletHub then compared that data directly to state tax burden data from the Institute on Taxation and Economic Policy to determine their master rankings. Read more
March 16, 2015
The Institute on Taxation and Economic Policy ranks Pennsylvania at No. 6 in the Institute’s “Terrible 10” states that taxes low income earners up to seven times as much of their income in taxes as the top 1 percent are taxed on their income. Washington, Florida and Texas top the list of the “Terrible 10” […]
March 11, 2015
The Institute on Taxation and Economic Policy ranks Pennsylvania at number six in the its “Terrible 10” states that tax low income earners up to seven times as much, as a percentage of income, as the top one percent are taxed. Washington, Florida and Texas top the list of the “Terrible 10” states, and Delaware, Montana […]
January 21, 2015
Ever feel like you’re paying more than your fair share when it comes to taxes? If a new study from the Institute on Taxation and Economic Policy (ITEP) holds true, then it may be more than just a feeling. According to the ITEP’s study, individuals who earn lower incomes tend to get hit harder and […]
January 16, 2015 • By ITEP Staff
The Institute on Taxation & Economic Policy (ITEP) issued its 2015 report — Who Pays? A Distributional Analysis of the Tax Systems in All 50 States – today. The fifth edition of this report, which also includes findings for DC, shows the District of Columbia’s progress towards improving the fairness of the DC tax system. […]
January 16, 2015
“A new study by a liberal think tank says Oregon’s tax system is one of the least regressive in the country as the result of the lack of a sales tax and its refundable income tax credit for lower-income citizens. The Washington, D.C. Institute on Taxation and Economic Policy found that only two states — […]
January 16, 2015
“When it comes to the taxes closest to home, the less you earn, the harder you’re hit. That is the conclusion of an analysis by the Institute on Taxation and Economic Policy that evaluates the local tax burden in every state, from Washington, labeled the most regressive, to Delaware, ranked as the fairest of them […]
January 16, 2015
“Every state tax system soaks the poor proportionally more than it does the rich, according to a report released Wednesday by the Institute on Taxation and Economic Policy (ITEP). On average, the report found, the bottom 20 percent of earners give up about twice as large a share of their incomes in state and local […]
January 15, 2015
“In The Washington Post, Niraj Shoshi reports, “State taxes favor those with the highest incomes. That’s according to a new report by the Institute on Taxation and Economic Policy report, which finds that on average the bottom fifth of earners pay proportionally twice as much of their incomes in state and local taxes as the […]
January 14, 2015
“When it comes to the taxes closest to home, the less you earn, the harder you’re hit. That is the conclusion of an analysis by the Institute on Taxation and Economic Policy that evaluates the local tax burden in every state, from Washington, labeled the most regressive, to Delaware, ranked as the fairest of them […]
December 9, 2014
“There’s kind of been a switch that’s been flipped,” says Carl Davis, a senior analyst with the nonprofit Institute on Taxation and Economic Policy Davis says gas tax increases are now on the table in states across the country, from New Jersey to Utah to South Carolina to South Dakota. Democratic governors in Delaware, Vermont […]