Institute on Taxation and Economic Policy (ITEP)

Citations

6,235 posts

The Advocate: Tax plan needs more details

January 22, 2013

(Original Post) by mark ballard Capitol news bureau January 20, 2013 Gov. Bobby Jindal is right about his theory that eliminating corporate and personal income taxes could spur business growth. His lack of details led to a growth industry among so-called “think tanks” and “good government” groups, local and national, who have interpretations of Jindal’s […]

The American Independent: The conservative push to end NC’s income tax

January 22, 2013

Siddhartha Mahanta | 01.18.13 | 4:33 pm | Republish posted in Economy/Finance | Government Accountability/Reform | Politics Republicans in North Carolina haven’t had it this good since 1870. That’s the last time they controlled both the state’s legislative and executive branches. And they’re getting right down to business, pledging in interviews with local papers to […]

The Omaha World Herald: Other states also target income tax to spur growth

January 18, 2013

By Paul Hammel WORLD-HERALD BUREAU LINCOLN — Nebraska isn’t the only state looking to eliminate state income taxes. Republican leaders in both Louisiana and North Carolina are pushing plans similar to Nebraska Gov. Dave Heineman’s pitch — elimination of income taxes on individuals and on corporations to boost their local economies. Other states, including Oklahoma, […]

Bloomberg: New Orleans Mayor Says Congress Should Back Obama, NRA on Police

January 18, 2013

By Jonathan D. Salant on January 18, 2013 Congress should seize on a rare area of agreement between President Barack Obama and the National Rifle Association in the gun-violence debate and provide funds to hire more police officers, the mayor of New Orleans said. “If Congress can do anything, it can do the thing that […]

Urban Milwaukee: Robin Hood in Reverse

January 17, 2013

(Original Post) By Bruce Murphy    – Jan 11th, 2013 10:54 am Republican Assembly Speaker Robin Vos lives in the tiny village of Rochester, WI, population 3,682, whose website boasts of a “unique small town charm that mixes urban, farming and country life styles.” It’s located just 23 miles from downtown Racine, but might as well […]

The Commonwealth Institute: Governor’s Transportation Tax Hike Hits Low-Income Virginians Hardest

• By ITEP Staff

The tax and fee hikes proposed by Governor McDonnell to fund transportation will take a far larger share of income from Virginians at the low end of the income spectrum than those with higher incomes who are better able to pay. The governor proposes to increase the state sales tax to 5.8 percent, eliminate the […]

Roth & Company: How progressive can state taxes be?

January 17, 2013

(Original Post) November 19th, 2009 by Joe Kristan The Iowa Fiscal Partnership has generated some headlines by passing around their take on a new study by The Institute on Taxation and Economic Policy: Study says Iowa tax system unfair to poor Report: Iowa tax code favors wealthiest residents Report: Iowa tax system hurts low and […]

Blog of the Century: Republican Governors Promise Tax Cuts for “Job Creators” Financed by Higher Taxes on the Poor

January 16, 2013

(Original Post) Blog Post by: Benjamin Landy, on January 16, 2013 In the days and weeks after Mitt Romney’s electoral defeat, there was what seemed like an endless stream of hand-wringing and soul-searching among Republican elites. The political landscape had changed overnight, forcing rising stars within the party to acknowledge the need for greater diversity, […]

Indy Week: Republicans propose eliminating income tax, expanding sales tax

January 16, 2013

(Original Post) by Will Huntsberry @willhuntsberry Republican leaders believe North Carolina is sick and they have the cure. The most vital remedy, they believe, is tax reform. Personal and corporate income tax make up roughly 60 percent of annual state revenues. The plan is to eliminate these taxes, or at the very least, slash them […]

Kansas City Business Journal: Missouri looks to Kansas for economic guidance

January 16, 2013

(Original Post) Jan 8, 2013, 7:59am CST Updated: Jan 8, 2013, 8:33am CST Staff Kansas City Business Journal Missouri lawmakers are looking to Kansas for ways to increase taxes in some areas to offset tax cuts in others, The Independence Examiner reports. The Institute on Taxation and Economic Policy said as many as 15 states, […]

Think Progress: North Carolina Mulls Taxing The Poor To Pay For Tax Cuts For The Rich

January 16, 2013

(Original Post) By Pat Garofalo on Jan 14, 2013 at 9:25 am Gov. Bobby Jindal (R-LA) last week tentatively endorsed a plan that would eliminate his state’s income and corporate taxes, replacing them with an increased sales tax. Such a move would disproportionately impact the poor, in a state where the tax code is already […]

Think Progress: Louisiana GOP Governor Suggests Eliminating Corporate Tax, Paid For By Taxing The Poor

January 16, 2013

(Original Post) By Pat Garofalo on Jan 11, 2013 at 11:45 am Louisiana Gov. Bobby Jindal (R) wants to eliminate both his state’s income tax and its corporate income tax, giving a big gift to the richest Louisianians and the state’s businesses. And he may pay for it by hiking the state’s sales tax, which […]

Think Progress: Virginia Governor Promotes ‘New, Innovative’ Plan To Tax The Poor To Pay For Roads

January 16, 2013

(Original Post) By Pat Garofalo on Jan 14, 2013 at 5:30 pm Gov. Bob McDonnell (R-VA)Virginia Governor Bob McDonnell (R) was on Fox News today to discuss his new plan to shift the cost of highway construction from drivers to the poor, which he will accomplish by eliminating his state’s gas tax and replacing it […]

Think Progress: Louisiana Governor’s New Plan Would Raise Taxes On Bottom 80 Percent Of Residents

January 16, 2013

(Original Post) By Pat Garofalo on Jan 15, 2013 at 3:10 pm Louisiana Governor Bobby Jindal (R) recently rolled out a plan to replace his state’s personal income and corporate taxes with an increased sales tax. Such a move would shift taxes from the rich to the poor, who are disproportionately hit by the sales […]

Think Progress: Nebraska Gov. Proposes Elimination Of State Income Tax At Expense Of Poorest Residents

January 16, 2013

(Original Post) By Travis Waldron on Jan 16, 2013 at 2:15 pm Nebraska Gov. Dave Heineman (R) became the latest Republican governor to propose the elimination of his state’s income tax during his State of the State speech last night, a move that would eliminate $2.4 billion in revenues each year. To replace the lost […]

Tennesseans for Fair Taxation: Tax Modernization & Economic Stimulus Act

• By ITEP Staff

This plan will provide much needed tax breaks to 60% of Tennesseans, those low- and middle-income families most likely to put that money back into the local economy. For example:     -A family of four making $20,000 will save over $550 per year.    -A family of four making $35,000 will save over $700 per year.    […]

Oregon Center for Public Policy: No Special Treatment: Seven Reasons Why Oregon Should Not Reduce or Eliminate the Income Tax on Capital Gains

• By ITEP Staff

This issue brief examines seven reasons why giving special treatment to income from capital gains is a terrible idea: it would not stimulate additional economic growth, it would not attract much venture capital, it would waste millions chasing after the few Oregonians who move to Washington to avoid Oregon income taxes, it would mainly benefit […]

Mississippi Economic Policy Center: Investing for Growth, Enhancing Our Prospects: Tax Reform in Mississippi

• By ITEP Staff

In any given year, the state of Mississippi and its residents accomplish a lot. Through the collective investment of our tax dollars, we maintain over 10,000 miles of roads, help educate more than 800,000 children and adults from kindergarten to university and support more than 7,000 law enforcement officers in our local communities. With tax […]

Indiana Association for Community Economic Development: Indiana Property Taxes: Is Property Tax Relief or Tax Restructuring the Solution?

• By ITEP Staff

Many Indiana communities are once again experiencing what is perceived to be a property tax “crisis.” However, by its most common definition, a crisis implies a situation that is characterized by unexpectedness and sudden change. Although the drastic increase in property tax bills is sudden for many homeowners, the implementation of Indiana’s property tax assessment […]

Center for Tax and Budget Accountability: Issue Brief: Why Taxation in Illinois is Unfair

• By ITEP Staff

Tax policy is by its nature a contentious subject. In the end, individuals pay different proportions of their incomes in taxes to fund public services and a completely different matrix of individuals used those services. Given this dichotomy, establishing a definition of what constitutes the most fair way to levy taxes that is acceptable to […]

Center for Tax and Budget Accountability: Citizens Guide to the Illinois State Budget & Tax System

• By ITEP Staff

The Illinois State Budget is the state’s fundamental policy document. It defines what programs and services will receive financial support from the state. In a standard, non-overtime legislative year, Illinois adopts its budget on a fiscal year basis, beginning on July 1 of each calendar year and ending on June 31 of the next succeeding […]

New Jersey Policy Perspective: Gas Tax Talk Leads Down the Right Road

• By ITEP Staff

In the wake of restructuring proposals made by Governor Corzine, the gasoline tax is starting to be talked about as part of a solution to New Jersey’s financial crisis. This is a welcome development. For too long, New Jersey has shied away from greater use of gas taxes and other driving-related fees, to the detriment […]

Iowa Fiscal Partnership: Putting Fairness First: Questions for Financing State and Local Government in Iowa

• By ITEP Staff

As state legislators close out the 2008 legislative session and confront the tasks of maintaining commitments and investing in Iowa’s future, they will have to deal with a basic question: How is the budget gap to be financed? Each financing decision has a different set of consequences for Iowans at different income levels. This means […]

Economic Opportunity Institute: Fairer Taxes for Washington: Taxing High Incomes to Reduce Regressive Taxes and Improve Public Services

• By ITEP Staff

Washington State’s seventy year-old tax structure is built on an ever-shrinking base, and taxes fall most heavily on those least able to afford them. This discussion brief outlines options for a limited tax on the highest income households, coupled with a reduction in sales or property tax. The result would be a fairer tax system […]

Policy Matters Ohio: A Step Toward Fiscal Balance? Options for Ohio’s Income Tax

• By ITEP Staff

In the spring of 2008, Ohio’s state government finds itself in familiar territory – facing a budget shortfall because of an inadequate revenue system and a slowing economy. Despite the worsening economic outlook, state policy makers refuse to consider revenue-raising alternatives and are committed to allowing a scheduled cut in income tax rates to take […]