Citations
ITEP's Citations Research Priorities
Center on Budget and Policy Priorities: A Fiscal Policy Agenda for Stronger State Economies
April 15, 2016 • By ITEP Staff
“With most state legislatures now in session, policymakers are making fiscal policy decisions that will profoundly affect future economic opportunities in communities across the country. States face a fundamental choice: they can provide the resources required for public investment in schools, transportation, health care, safe communities, and other building blocks of economic growth, or go […]
Policy Matters Ohio: Wealthy not paying fair share of state and local taxes
April 12, 2016 • By ITEP Staff
“State and local taxes support schools, fix potholes, keep the snow plowed, the justice system running and the water clean. Economic prosperity depends on these public services. The wealthiest families benefit amply from our communities and state. But are they paying their fair share for these benefits? New data says they are not.” Read more
Live Mint: Panama Papers: What next?
April 12, 2016
“While it is relatively easy to force a Switzerland or a Panama to fall in line, it may be next to impossible to bring the US under the OECD framework. It has many firms that play the same role as Mossack Fonseca, said Matt Gardner, executive director of the Institute on Taxation and Economic Policy.” […]
North Carolina Budget and Tax Center: North Carolina’s “Tax Swap” Gives Biggest Breaks to the Wealthiest, Undermines Public Investments for All
April 11, 2016 • By ITEP Staff
“Efforts to rely more on the state sales tax and less on the income tax to support public services have shifted tax obligations to less affluent North Carolinians, while saving the wealthiest the most money, and reduced resources available for public investments that build a strong economy.” Read full report
Pennsylvania Budget and Policy Center: PA Should Raise Needed Revenues in Fair Ways: Short- and Long-term Approaches to Fixing Pennsylvania’s Unfair Tax System
April 11, 2016 • By ITEP Staff
This briefing paper analyzes several options for raising revenue for the Pennsylvania state budget which would fall much less on middle- and low-income families than the existing Pennsylvania state and local tax system. We first analyze the income tax increase (from 3.07% to 3.4%) and expansion of income tax forgiveness and sales tax base […]
The Gilmer Miller: This Tax Day, A Reminder that Implementing Immigration Executive Action Policies Would Be Good for Texas
April 11, 2016
“If the Supreme Court unfreezes DACA+ and DAPA, state and local tax coffers will grow by $805 million nationwide, including by $59 million in Texas. A recent report from the Institute on Taxation and Economic Policy (ITEP) found that if the Supreme Court unfreezes the immigration executive action policies, state and local tax coffers would […]
Democracy Now: Panama Papers: Mossack Fonseca Set Up 1,000+ Companies Inside U.S.
April 11, 2016
“The massive data leak known as the Panama Papers has revealed the law firm Mossack Fonseca set up more than 1,000 shell companies inside the United States, once again raising questions about the United States’ role as an offshore tax haven. The papers show more than 600 shell companies were set up in Nevada alone. […]
Info-Europa: Social Media Takes On the Panama Papers Leak Through Cartoons
April 11, 2016
“Often, the person establishes a so-called shell company, which lacks any real operations and exists mainly on paper. “In Wyoming, Nevada and DE, 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. More […]
Opposing Views: Massive Data Leak Reveals Tax Havens, Shell Companies
April 8, 2016
“By using shell companies, Mossack Fornesca’s clients are able to avoid the government and the public learning “even the most basic things about what you’re doing and what your company is and who owns it,” Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, told USA Today.” Read more
Morning News USA: Panama Papers Prove American Billionaires Are Sneakiest In The World
April 8, 2016
Speaking with the NBC News, Matt Gardner of the The Institute on Taxation and Economic Policy said it’s also possible that American billionaires who were not implicated in the scandal simply work with other offshore companies that offer the same services Mossack Fonseca offers. After all, the United States is considered one of the […]
The News Tribune: Have an offshore? Maybe you’re feeling indigestion
April 8, 2016
“The leak may change the long-term behavior of wealthy Americans, said Matt Gardner, executive director of The Institute on Taxation and Economic Policy, a Washington-based public policy group. “This certainly puts in neon lights that you can no longer rely on the absolute secrecy that people were used to in the past,” he said.” Read […]
WNYC The Brian Lehrer: Panama Papers Highlight Secretive Banking on US Soil
April 8, 2016
“Matthew Gardner, Executive Director of The Institute on Taxation and Economic Policy, an arm of Citizens for Tax Justice (a public interest research and advocacy organization focusing on tax policies and their impact), discusses his op-ed for CNN, which points out that despite the public and media attention the Panama Papers have garnered, the actions […]
The Herald: State relies on an unfair, insufficient tax system
April 8, 2016
“Last year, the Institute on Taxation and Economic Policy, a nonpartisan and nonprofit research group, said Washington state had the nation’s most unfair state and local tax system, leading its list of the “Terrible Ten Most Regressive.” The state’s poorest 20 percent pay 16.8 percent of their income as taxes, while the middle 60 percent […]
Alaska Dispatch News: It’s time for Alaskans to put skin in the game, fund government through taxes
April 8, 2016
“At a rate of 1.5% of taxable income, an Alaska couple with one child, with a household income of $60,000 a year, would pay about $200 a year, according to the Institute on Taxation and Economic Policy.” Read more
Lawyer Herald: Panama Paper Firm Connected to Over 1,000 US Companies Since 2001
April 8, 2016
“”If your goal is secrecy and not having prying eyes find out even the most basic things about what you’re doing and what your company is and who owns it, Wyoming and Nevada are incredibly attractive places from that secrecy perspective,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy.” Read […]
Los Angeles Times: For just $309, you too can hide your assets — in the U.S.
April 8, 2016
“The mechanisms are pretty much the same here,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a nonprofit in Washington. “There’s nothing special happening in Panama. Panama is pretty much a microcosm of what the U.S. is a willing partner in.” Read more
Milwaukee Journal Sentinel: Rules kill Pfizer deal, but experts doubt Johnson Controls-Tyco tie-up will die
April 8, 2016
“Matthew Gardner, a critic of inversions who is executive director of the Institute on Taxation and Economic Policy, said this week’s move by the Treasury Department clearly had an immediate impact with the demise of the Pfizer-Allergan deal.” Read more
New York Times: Need to Hide Some Income? You Don’t Have to Go to Panama
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
Dhaka Tribune: Why Americans not included in #PanamaPapers
April 8, 2016
“First, this was a leak of more than 11m documents, and it will take some time for the ICIJ to scour them. “So maybe there are revelations about specific Americans and secret funds that we haven’t heard about,” said Matt Gardner, executive director of The Institute on Taxation and Economic Policy, a research organisation.” Read […]
Reno Gazette Journal: Panama Papers firm has Nevada ties
April 8, 2016
““If your goal is secrecy and not having prying eyes find out even the most basic things about what you’re doing and what your company is and who owns it, Wyoming and Nevada are incredibly attractive places from that secrecy perspective,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy.” Read […]
KENS5: 1,000 secret Nevada firms, 2 overseas addresses
April 8, 2016
“We shouldn’t be thinking about this as a Panamanian problem,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy in Washington, D.C. “We should be thinking about this as a very American problem, and a problem that arguably is worse here in the states than it is in Panama.” Read more
Quartz: Sorry, David Cameron-“private” offshore holdings are indeed a matter of public interest
April 7, 2016
“Political casualties are mounting fast in the wake of the Panama Papers—a historic leak of confidential documents from a Panama-based law firm that revealed connections between a number of world leaders and nearly 215,000 offshore shell companies. The prime minister of Iceland has said that he plans to step aside “for an undetermined amount of […]
New York Times: Panama Papers Leak Casts Light on a Law Firm Founded on Secrecy
April 7, 2016
“Panama isn’t the real story,” said Matt Gardner, the executive director of the Institute on Taxation and Economic Policy, a research group based in Washington. “This leak is giving a window into a much broader world, but it should be understood as giving a window into how things work in the U.S. as well.” Read […]
Iowa Policy Project: $8.9 million revenue boost with immigration reform
April 6, 2016 • By ITEP Staff
“A new report projects a 24 percent increase in state and local tax revenues from undocumented immigrants in Iowa if they were granted permanent legal residence.” Read full report
WTSP: The “Panama Papers”: 6 key takeaways
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 […]
Institute on Taxation
and Economic Policy
ITEP is a non-profit, non-partisan tax policy organization. We conduct rigorous analyses of tax and economic proposals and provide data-driven recommendations to shape equitable and sustainable tax systems.
Subscribe to ITEP Emails
Tax research and policy news in your inbox.
Promote Fair Tax Policy
Your gift to ITEP promotes tax justice. With your help, we do research that supports taxing millionaires and billionaires, taxing big corporations and raising revenue for the things our people, our communities and our planet need.
Together, we can create a country with more economic justice, more racial justice, more climate justice… and more tax justice.