Institute on Taxation and Economic Policy (ITEP)

Citations

ITEP's Citations Research Priorities

The Tennessean: Hall tax cut gets new push

April 8, 2014

(Original Post) 5:07 p.m. CDT April 7, 2014 Tennessee lawmakers are seriously considering a new proposal to roll back the state’s tax on investments, even as they wrestle with a growing hole in the state budget. More than 90 legislators have signed onto a pledge from a prominent anti-tax organization to support a measure that […]

Cincinnati Enquirer: Kentucky’s new budget inadequate for 21st century

April 7, 2014

(Original Post) CIN 12:31 a.m. EDT April 6, 2014 The Kentucky General Assembly has just passed another inadequate state budget. And once again, it has failed to give Kentucky a tax system that will allow it to compete in the 21st-century economy. As a legal aid attorney and education advocate for 35 years, I’ve long […]

MetroWest Daily News: Ballot question could halt tax

April 7, 2014

(Original Post) By Brian Benson Daily News Staff Posted Apr. 5, 2014 @ 11:46 pm A measure lawmakers approved last year to index the gas tax to inflation is prompting debate amid an effort to repeal the provision. Lawmakers last year increased the gas tax from 21 cents per gallon to 24 cents per gallon […]

Wall Street Journal: States Raise Gas Taxes to Pay for Infrastructure

April 7, 2014

(Original Post) As Congress Only Takes Short-Term Steps, Governors Seek More Funds for Roads By JOSH MITCHELL Updated April 4, 2014 7:32 p.m. ET GEORGETOWN, Del.—States and cities desperate to build and repair roads and other infrastructure—but frustrated by inertia in Congress—are raising their own levies and turning to private companies for funding. Six states […]

KY Forward: Kentucky needs to take its future in its own hands and make tax system fairer

April 4, 2014

Thursday, April 3, 2014 The General Assembly has just passed another inadequate state budget. And once again, it has failed to give Kentucky a tax system that will allow it to compete in the 21st-century economy. As a legal aid attorney and education advocate for 35 years, I’ve long witnessed firsthand how our state budget […]

Waterloo Cedar Falls Courier: Gas tax

April 2, 2014

(Original Post) A new fact sheet from the Institute on Taxation and Economic Policy indicates Iowa is one of seven states where the gas tax rates are “stuck in neutral.” According to the institute’s analysis, 21 states have gone a decade or more without increasing their gas tax rates and 16 states have gone two […]

Globe Gazette: Iowa’s Among Gas Tax Rates Stuck in Neutral

April 2, 2014

(Original Post) A new fact sheet from the Institute on Taxation and Economic Policy indicates Iowa is one of seven states where the gas tax rates are “stuck in neutral.” According to the institute’s analysis, 21 states have gone a decade or more without increasing their gas tax rates and 16 states have gone two […]

Politico: Morning Transportation 04/02/2014

April 2, 2014

(Original Post) When each state last raised its gas tax (in chart form), via the Institute on Taxation and Economic Policy: http://bit.ly/1hg0cA7

Public News Service: Many Big Corporations Paying No State Taxes

March 28, 2014

(Original Post) March 27, 2014 CHARLESTON, W.Va. – Many huge, profitable corporations pay no state taxes, according to a new report from Citizens for Tax Justice and the Institute for Taxation and Economic Policy. The report looks at 300 Fortune 500 companies that made a profit every year from 2008 to 2012 and found at […]

The Washington Post: New report slams Kansas tax cuts

March 28, 2014

(Original Post)  BY NIRAJ CHOKSHI March 27 at 3:22 pm In 2012, Kansas enacted one of the largest tax cuts of any state ever, and the short-term results aren’t promising, a new report finds. “Kansas is a cautionary tale, not a model,” Center on Budget and Policy Priorities researchers Michael Leachman and Chris Mai write […]

Tax cuts enacted in Kansas in 2012 were among the largest ever enacted by any state, and have since been held up by tax-cut proponents in other states as a model worth replicating.  In truth, Kansas is a cautionary tale, not a model.  As other states recover from the recent recession and turn toward the […]

The Intelligencer: Total Republican control produces Harrisburg scam

March 27, 2014

(Original Post) Posted: Thursday, March 27, 2014 12:15 am By Joe Frederick The Republicans have been in complete control of Harrisburg since 2011. The governor is a Republican, and both the state House and the state Senate have Republican majorities (and there are no filibusters in the Pennsylvania Constitution). So what have they done with […]

Rocky Mountain Telegram: Tax loopholes favor giant corporations

March 27, 2014

(Original Post) Tuesday, March 25, 2014 Gov. Pat McCrory and the Republican-led N.C. General Assembly in 2013 made good on their promises to cut corporate income taxes in order for North Carolina to better compete to land new businesses and industries – and the jobs that come with them. North Carolina’s tax rate on corporations […]

News & Record: Next to nothing

March 24, 2014

(Original Post) What’s less than a lower corporate income-tax rate? What some businesses actually pay. North Carolina legislators cut the state’s corporate income-tax rate last year from 6.9 percent to 6 percent. It’s scheduled to drop to 5 percent next year. Republican lawmakers said the cut was needed to create a better business climate and […]

The Record: The 5-cent solution – gas tax for New Jersey

March 24, 2014

(Original Post) MARCH 21, 2014, 4:53 PM LAST UPDATED: FRIDAY, MARCH 21, 2014, 4:53 PM BY CARL DAVIS THE RECORD Carl Davis is senior policy analyst at the Institute on Taxation and Economic Policy, a non-profit, non-partisan research organization that works on federal, state and local tax policy issues. IF YOU WERE to ask five […]

Reuters: Some big U.S. companies dodge state income taxes

March 21, 2014

(Original Post) WASHINGTON Thu Mar 20, 2014 6:14pm EDT (Reuters) – Some profitable U.S. corporations that avoid paying federal income taxes manage to do the same in states where they operate, said a study issued on Thursday by a tax activist group. From 2008 through 2012, ten U.S. companies paid no state income taxes, said […]

24/7 Wall St: Ten Huge Companies Dodged State Taxes for Five Years

March 21, 2014

(Original Post) By Douglas A. McIntyre March 21, 2014 6:38 am EDT States, often burdened by budget deficits that grew during the recession, are not getting tax receipts from some of America’s largest companies. Among them are Boeing Co. (NYSE: BA) and Merck & Co. Inc. (NYSE: MRK), which have not paid taxes for five […]

Daily Kos: That Sucking Sound? It’s The 73 Billion-Dollar Corporate Robbery of The States

March 21, 2014

(Original Post) Tasini THU MAR 20, 2014 AT 11:12 AM PDT What I really like about corporate skullduggery is that at least it’s usually done with big numbers, as in billions of dollars. Nothing on the cheap (except, of course, when it comes to paying workers). In another installment of “how can we fill our […]

The Day: Six firms paid less than 3% in state taxes

March 21, 2014

(Original Post) Published 03/21/2014 12:00 AMUpdated 03/20/2014 11:42 PM Six Connecticut-based companies, including General Electric, United Technologies, Northeast Utilities and Aetna, paid state taxes totaling less than 3 percent of their profits over the past few years, according to a new report. The report by Citizens for Tax Justice and the Institute of Taxation and […]

Accounting Today: Big Corporations Dodge Billions in State Taxes

March 21, 2014

(Original Post) WASHINGTON, D.C. (MARCH 21, 2014) BY MICHAEL COHN Some of the largest and most profitable Fortune 500 companies are paying little or nothing in state income taxes, according to a new study. The study, by the advocacy groups Citizens for Tax Justice and the Institute on Taxation and Economic Policy, examined 269 Fortune […]

While state lawmakers in Annapolis discuss cutting important services and investments in an effort to balance Maryland’s state budget, we got further evidence today that large, profitable corporations are able to avoid paying their fair share of state taxes that support those services and investments. According to a new report, the 269 Fortune 500 companies […]

As our state leaders continue to look for ways to give more and more tax cuts to profitable corporations, these corporations continue to find ways to avoid paying their fair share of taxes. It is a win-win proposition: Heads they win; Tails they still win! Read the Full Report

Many profitable Fortune 500 companies including Pennsylvania-based PPL, H.J. Heinz, Airgas, Allegheny Technologies, Hershey, and Comcast are paying little or nothing in state income taxes thanks to loopholes, tax breaks, and crafty accounting, according to a new report from the Institute on Taxation and Economic Policy (ITEP) and Citizens for Tax Justice (CTJ). Read the […]

Some highly profitable corporations are finding ways to avoid paying any state income taxes, Oregon and national data show. At least 24 corporations that made a profit in Oregon in 2011, including eight with profits of over $5 million, paid no Oregon income taxes for that year, according to the Oregon Center for Public Policy’s […]

As Kentucky and other states struggle with tough budget decisions about essential public services, profitable Fortune 500 companies including Kentucky-based Yum Brands and Humana pay little to nothing in state corporate income taxes around the country, according to a new study by the Institute on Taxation and Economic Policy and Citizens for Tax Justice. Read […]