Citations

These undocumented Oklahomans currently contribute about $85 million in state and local taxes per year, according to our best estimates. They pay sales tax directly when they purchase goods and services, just like the rest of us, and they pay property taxes through owning a home or paying rent. Although they are not technically eligible […]

Oklahoma’s approximately 95,000 undocumented immigrants are a force in Oklahoma’s economy, accounting for about 1 in 30 members of the workforce and contributing roughly $85 million in state and local taxes annually. But despite their positive economic contributions, undocumented residents face arrest and/or deportation for doing something that many Oklahomans do every day: driving. Read […]

Through their employment, DACA recipients are contributors to their localities and states as wage earners and taxpayers. A 2017 state-by-state study by the Institute on Taxation and Economic Policy showed that the 1.3 million young undocumented immigrants receiving and immediately eligible for DACA contribute significantly to state and local taxes at an estimated $2 billion […]

The repeal of Oregon’s tax haven law flowed from the legislature’s response to the far-reaching tax law passed by Congress at the end of 2017. The federal law required corporations to pay taxes, at a reduced rate, on more than $2 trillion in profits they held abroad. The federal tax law also put in place provisions intended to deter future shifting of corporate profits to avoid taxes. 

Although some filers would pay more in state taxes under conformity, many of the highest-income filers – the top one percent – will receive large state tax cuts. This is in addition to also receiving a large federal tax cut. Recent analysis of the effects in Virginia shows that the top 1 percent will receive […]

Big corporations and wealthy executive have been on quite a run. Corporate profits are at historic levels,[1] stock prices are through the roof, and plush executive pay has become the norm. At the same time, corporate taxes have been slashed both here in North Carolina starting in 2013 and last December at the federal level. […]

The measure would also make Arizona’s tax code somewhat less regressive. Currently, the poorest 20 percent of households pay 12.5 percent of their annual income to state and local taxes — more than twice as much as the wealthiest 1 percent of Arizonans, who pay just 5.7 percent, according to the Institute on Taxation and […]

The General Assembly legislative session begins on May 16, the same day teachers plan a day of action to highlight the unmet needs their students face in the classroom and their communities. While the evidence is quite clear that supporting children’s educational success can generate lifelong benefits for families and the broader economy[1], the NC […]