Institute on Taxation and Economic Policy (ITEP)

Citations

ITEP's Citations Research Priorities

Bloomberg BNA: Congress, Courts, Oil Among Pressures on State Budgets

January 23, 2017

“A further problem facing oil states such as Oklahoma, Louisiana, North Dakota and West Virginia is deep cuts they made to severance and other taxes “when times were good,” Carl Davis, research director at the Institute on Taxation and Economic Policy, told Bloomberg BNA.” Read more

Politico: Mnuchin hits the hot seat

January 23, 2017

“Another progressive group, the Institute on Taxation and Economic Policy, found that Fortune 500 companies would rack up more than a half-trillion dollars due to Trump’s onetime 10 percent repatriation rate.” Read more

Star Ledger: Will Trump deport N.J. unauthorized immigrants in college under Christie ‘Dream Act’?

January 23, 2017

“A 2015 analysis by non-partisan Institute on Taxation and Economic Policy found that New Jersey has an estimated 528,000 unauthorized immigrants, and their average family income was just $34,500.” Read more

New York Times: Federal Policy Will Shift. Not All States Will Shift With It.

January 23, 2017

“But the Institute on Taxation and Economic Policy in Washington reports that these fears were overblown, citing a recent Stanford University study. It found that million-dollar income earners are actually less likely to move than Americans earning only average wages; fewer than 2 percent of the tiny fraction of those millionaires who did move cited […]

News-Times: Estate tax change makes no sense

January 23, 2017

“According to the Institute on Taxation and Economic Policy, Connecticut’s top 1 percent (making more than $1.33 million a year) saw just 5.3 percent of their incomes go to taxes in 2015 (income, and sales). Conversely, the bottom 20 percent (making less than $25,000 a year) paid nearly twice that. Meanwhile, 40 percent paid a […]

Washington State Budget & Policy Center: Closing the Tax Break on Capital Gains

January 20, 2017 • By ITEP Staff

A capital gain is the profit an individual receives from the sale of a financial asset. Currently, Washingtonians receive a tax break on the profits they make from the sale of high-end capital assets. This tax break contributes to our state having the most upside-down tax code in the nation, in which people with low […]

ATTN: Robert Reich Addressed This Claims About Undocumented Workers ‘Stealing Jobs’

January 19, 2017

“According to a 2016 report from the left-leaning Institute on Taxation and Economic Policy, undocumented immigrants contribute about $12 billion in local and state taxes each year. The group also contributed about $7 billion toward Social Security, which they are barred from benefiting from, the conservative think tank Heritage Foundation estimated.” Read more

The Street: Why Trump’s Potential $500 Billion Tax Holiday Could Make Apple and Microsoft Huge Winners

January 19, 2017

“Major corporations including Apple (AAPL) , Microsoft (MSFT) and Oracle (ORCL) will save billions of dollars in taxes if Trump is able to enact the repatriation holiday he promised on the campaign trail, according to a new analysis from the Institute on Taxation and Economic Policy (ITEP), a Washington, D.C.-based think tank. Instead of taxing […]

Policy Matters Ohio: Flat tax would mean more taxes for most

January 19, 2017 • By ITEP Staff

  Nearly three-quarters of Ohioans would pay more in state income taxes under flat-rate tax plans for which a joint legislative commission is developing an implementation plan. At the same time, the most affluent 1 percent of Ohioans would see tax cuts averaging $4,000 or more a year.  Nearly three-quarters of Ohioans would pay more […]

Maine Center for Economic Policy Releases Findings Related to Distributional Impacts of Governor LePage’s Budget Proposal

January 19, 2017 • By ITEP Staff

  MECEP finds that Governor LePage’s budget proposal includes an upside down tax plan that will lead to the following outcomes: Taxes will go up on average for Maine families with income below $92,000. This represents the bottom 80% of Mainers who will see an average tax increase of approximately $85. The top 1% of […]

Connecticut Voices for Children: Revenue Options are Key to Addressing Budget Shortfalls and Supporting Thriving Communities

January 18, 2017 • By ITEP Staff

Long-term investments in children and families have been the cornerstone of the state’s prosperity. To preserve these investments and support long term economic health, a balanced approach to the upcoming biennial budget must include new resources. Read more here

Hawaii Tax Fairness Coalition: Tax Fairness Flyer

January 18, 2017 • By ITEP Staff

Hawaiʻi has the lowest wages in the nation after adjusting for our cost of living, which is the highest in the nation. We also place the 2nd highest tax burden in the country on our low-income households. Faced with this one-two-three punch, almost half of our state’s residents are living paycheck-to-paycheck. Read more here

Hawaii Tax Fairness Coalition:

January 18, 2017 • By ITEP Staff

Hawaiʻi ranks second nationally in how heavily we tax our low-income households. In fact, we are in the minority of states that actually pushes low-income people deeper into poverty with taxes. As a result, nearly half of our state’s residents live paycheck-to-paycheck. Read more here

Register Herald: Flat tax would make most Ohioans pay more

January 14, 2017

“Using a sophisticated model of Ohio’s tax system, the national research group, Institute on Taxation and Economic Policy (ITEP), found that with a 3.5 percent flat tax, 72 percent of Ohioans would pay more state income tax, while just 4 percent would pay less. The remaining 24 percent would pay the same amount as they […]

AL.com: In immigration debate, Trump and Clinton voters tussle over term ‘illegal immigrant’

January 14, 2017

“Undocumented immigrants paid $13 billion in payroll taxes in 2010, according to an estimate by the U.S. Social Security Administration. At least 50 percent of undocumented immigrant households file tax returns using Individual Tax Identification Numbers, according to the non-partisan research Institute on Taxation and Economic Policy. The group also estimated undocumented immigrants pay $11.64 […]

Poughkeepsie Journal: The state of Hudson Valley immigration

January 14, 2017

“Whatever one’s political view, the fate of New York’s immigrant population could have a significant impact on state and local economies. Undocumented immigrants make up a large portion of the workforce in New York industries like construction, landscaping, food and cleaning services, and farming operations upstate and on Long Island. The non-profit Institute on Taxation […]

Seven Days: Afford-Ability: Can Gov. Phil Scott Deliver a Bigger Slice of the Pie?

January 12, 2017

“Despite all the ink spilled over the state’s supposedly high tax burden, Vermont’s effective tax rate is roughly average. And according to a 2015 study by the left-leaning Institute on Taxation and Economic Policy, “Vermont’s tax system is among the least regressive in the nation because it has a highly progressive income tax and low […]

CNN: Trump’s Tangled Web of Businesses

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

Bloomberg BNA: Oil States View Taxes Warily in Battling Crude Market Dips

January 12, 2017

“That means, however unpopular, “residents are going to have to pay more” to maintain local governments and their services, Carl Davis, an analyst at the Institute on Taxation and Economic Policy, told Bloomberg BNA.” Read more

NPR: Gas Taxes May Go Up Around The Country As States Seek To Plug Budget Holes

January 12, 2017

“Raising fuel taxes helped the state in the 1980s, and lawmakers might try it again. Carl Davis, research director at the Institute on Taxation and Economic Policy, says Oklahoma lawmakers have good reason to raise taxes at the pump. “The state has one of the oldest gas tax rates in the country,” he says. “It’s […]

Common Wealth: Dump the millionaire tax

January 12, 2017

“The state also supplements the federal Earned Income Tax Credit for joint filers with income less than $50,000. According to the Institute on Taxation and Economic Policy, these adjustments resulted in the lowest 20 percent of Massachusetts filers paying an effective state income tax rate of 0.8 percent in 2015. The next quintile pays an […]

Salina Journal: Nixing tax reform obstacles

January 12, 2017

“The LLC exemption — which eliminated taxes on pass-through business income and relieved the tax burden for more than 330,000 Kansas business owners — was passed and signed almost half a decade ago. The exemption has cost our state hundreds of millions of dollars since then (the Institute on Taxation and Economic Policy says it […]

Akransas Advocates for Children & Families: 6 ways to make 2017 more prosperous for all Arkansans

January 11, 2017 • By ITEP Staff

Legislators have just kicked off the 2017 legislative session, and ideas for big changes are buzzing around the Capitol. AACF will be on the ground advocating for bills that are best for kids and families in our state. In order to make Arkansas a better place for all of us, AACF hopes that this year: […]

The Arizona Center for Economic Progress: Arizona’s State Budget and Taxes: What Every Arizonan Needs to Know About Growing Our Economy

January 10, 2017 • By ITEP Staff

When all types of state and local taxes are combined—income, sales and property—families with incomes in the bottom fifth pay nearly three times what families in the top 1 percent do—$12.50 for every $100 of income compared to $4.58 for the highest income families and $8.20 for middle income families. Sales taxes make up the […]

The Economic Progress Institute: Rhode Island Standard of Need

January 10, 2017 • By ITEP Staff

  The Economic Progress Institute publishes the Rhode Island Standard of Need (RISN) to answer two fundamental questions: What is the cost of meeting basic needs for families and individuals in Rhode Island? How do state and federal work and income  supports help households meet the cost of basic needs? The RISN calculates a no-frills […]