
April 15, 2014 • By ITEP Staff
Tax Facts That Matter – 2014 Edition Read the Full Report
April 15, 2014 • By ITEP Staff
The tax cuts in Kansas disproportionately affect our poorest residents. While the wealthiest Kansans take home enough money to purchase more than 14,000 loaves of bread, low-income families OWE more taxes, which means 125 fewer loaves of bread for them. Read the Full Report
April 15, 2014 • By ITEP Staff
On Tax Day, we all spend some extra time thinking about how much we pay in taxes. Even more so for low- and middle-income families, who contribute a larger share of their income than high income people do. The difference is significant – Montana low-income families pay 6.4% of their income in taxes, compared to […]
April 15, 2014 • By ITEP Staff
With the deadline for filing state and federal tax returns upon us, the Pennsylvania Budget and Policy Center has put together the following resources to help you understand what your tax dollars support and why it is so important that we close corporate tax loopholes at the state and federal level. Read the Full Report
April 15, 2014 • By ITEP Staff
It’s tax day — the annual event when procrastinators, or those who just like to live on the edge, rush to get their tax returns filed before the midnight deadline. If your return is safely filed, or if you just want another excuse to procrastinate, here are 5 things in 5 charts that everyone should […]
April 15, 2014 • By ITEP Staff
As New York struggles with tough budget decisions about essential public services, profitable Fortunate 500 companies like Corning, MasterCard, Lowes and Consolidated Edison are paying 2% or less in state income taxes for 2012 thanks to copious loopholes, lavish giveaways and crafty accounting. The recently passed state budget did nothing to close these loopholes and […]
April 15, 2014 • By ITEP Staff
When adding up the effect of all state and local taxes, Illinois asks middle- and low-income households to pay a percentage of their income that is two to three times higher than the highest-income households pay. It doesn’t have to be this way. We can all pay our fair share to make sure Illinois has […]
April 14, 2014 • By ITEP Staff
Rhode Island is among 25 states and the District of Columbia that offer a state EITC, but unlike most states, the credit is only partially refundable. Just over 83,000 Rhode Island taxpayers claimed the state’s EITC in Tax Year 2012 . The average credit was $119. Of those taxpayers receiving a credit, 73,119 received a […]
April 14, 2014 • By ITEP Staff
Tax Facts That Matter: 2014 Edition Full Report
April 14, 2014 • By ITEP Staff
Changes are coming to who pays taxes in North Carolina, and the news is not good for middle- and low-income taxpayers. This tax season marks the final year taxpayers will file their income taxes under the state’s old tax code and by next year it will be apparent to many taxpayers that the tax plan […]
April 14, 2014
(Original Post) By Teresa Puente, Sunday at 8:38 pm President Obama has failed to persuade the Republican controlled U.S. House of Representatives to pass immigration reform, but if anybody can make a moral argument it is Pope Francis. These two men who broke barriers, the first Latin American pope and the first African- American president, […]
April 11, 2014
(Original post) Col Owens, April 11, 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 […]
April 11, 2014
(Original post) By Eric Zorn, April 11, 2014 I reject … the idea of a city income tax. I think that’s not the right way to go… Chicago Mayor Rahm Emanuel, responding Wednesday to questions about how the city will shore up its sagging pension funds I reject the idea, too, just as I reject […]
April 11, 2014
Information from the Institute on Taxation and Economic policy showed the top 1 percent of Ohio taxpayers would receive about $2,847 in tax cuts, but Schiller said residents making between $34,000 and $54,000 a year would only see a tax break of about $13.
April 10, 2014 • By ITEP Staff
A new CBP report — released in advance of Tax Day — examines state and local taxes in California and shows that low-income households are currently contributing a disproportionate share of their incomes. Read the Full Report
April 9, 2014 • By ITEP Staff
When House Budget Committee Chairman Paul Ryan (R-WI) introduced his latest budget resolution, it predictably included harsh cuts to the vital programs for poor and middle-class Americans that are at the core of the progressive agenda. But the House Republican budget is not just contrary to progressive values; it is also the wrong approach for […]
April 9, 2014
(Original Post) Written by Alisa Roth & LOTL Staff on Tuesday, April 8th, 2014 Clara Orozco got her first job, waiting tables, three days after she arrived in New York from Mexico. Since then, she’s worked as a cashier at McDonald’s, painted nails, and cleaned houses. And every year, whether she’s been paid by cash […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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