
March 13, 2015
“Given the questions raised about how Minnesota compares to other states, this section summarizes the results of a 50-state study of state and local tax incidence. That study, entitled Who Pays? A Distributional Analysis of Tax Systems in All 50 States (5th Edition), was published by the Institute on Taxation and Economic Policy (ITEP) in […]
March 12, 2015
“An analysis by the Institute on Taxation and Economic Policy, a nonprofit research group in Washington, D.C., found the bottom three-fifths of Ohioans would pay more as a group under the governor’s plan, which includes a sales-tax rate increase. Most of the increases like the sales-tax hike would fall more heavily on those with low […]
March 12, 2015
“A state EITC would allow low- and middle-income working families to keep more of their earnings and help rebalance California’s system of state and local taxes, which currently asks low-income families to pay a larger share of their income in taxes than high-income families.” Read the full report here.
March 12, 2015
“The Institute on Taxation and Economic Policy ranks Florida as having the second most unfair (or “regressive”) tax system in the nation. High‐income residents pay a far smaller share of their income in state and local taxes than middle class residents. The high‐income one percent of Floridians pay just 1.9 percent of their income in […]
March 12, 2015
“Reducing the corporate income tax in Maryland would also worsen he situation under which a small share of the state’s households have seen big gains in income over recent years while most other people have seen their pay stagnate and many are struggling to get by. According to analysis by the Institute for Taxation and […]
March 12, 2015
“Disallowing just the deduction for state income tax would yield the state $97 million, according to an analysis by the Institute for Taxation and Economic Policy. Only one in four households (24 percent) would be affected at all by this tax change. Over half of the $97 million in new revenue – 58 percent – […]
March 10, 2015
According to a new report from the Michigan League for Public Policy, an analysis by the Institute on Taxation and Economic Policy shows that even after the sales tax increase, the restoration of the state’s EITC to 20% of the federal EITC is enough to offset negative effects for low-income workers. On average, when taking […]
March 6, 2015
Raising Iowa’s tax on gasoline and diesel fuel by 10 cents per gallon would go a long way toward financing needed street and highway repairs and improvements. Critical needs most recently were estimated at $215 million annually, and the 10 cents is projected to raise that amount by fiscal year 2018. Read the full report […]
March 6, 2015
HB 2069 shifts taxes from the wealthiest Arizonans to low and middle income taxpayers, attempts to limit options available to future legislatures, and depends on a “best guess” to make sure that state revenues aren’t cut back too far with no chance of correction….This ill-advised legislation has many problems: At a time when Arizona is […]
March 6, 2015
Those at the bottom of the income scale [in New York] would benefit most—62 percent of homeowners and 37 percent of renters with incomes below $19,000 would receive a circuit breaker refund according to an analysis of the governor’s proposal by the Institute on Taxation and Economic Policy. Some 27 percent of homeowners and renters […]
March 6, 2015
The personal income tax cuts from both the [state] House and Senate plans benefit wealthier families more than lower and middle-income earners. Further, the high cost of these plans may require raising revenue through increases in the property tax or sales tax, both of which hit lower and middle-income earners hard. This combination would result […]
March 3, 2015
Analysis by the Institute on Taxation and Economic Policy shows that the sales tax increase and the increase of the EITC will help low-income working people. After all of the changes in the package are accounted for, Michigan’s lowest earners (annual incomes under $20,000) will experience a net tax decrease. Read full report here. […]
March 3, 2015
“A recent study by the Institute on Taxation and Economic Policy named Pennsylvania the sixth most unfair state and local tax system for low- to moderate-income families. The recommendations we are making today not only raise sustainable revenue for critical services like education and health care, but also make our tax system fairer for all […]
February 28, 2015
The state’s highest income households pay the lowest percentage of their yearly earnings in state and local taxes compared to middle-class and low-income households. Residents struggling the most to make ends meet — Maryland’s poor and minorities — also are being taxed to a greater extent than the wealthiest. This unfortunate reality reinforces both economic […]
February 23, 2015
A new proposal in the Idaho Legislature would dramatically shift the way taxes are collected and generate a new revenue source for our neglected roads and bridges. The proposal has several components which in combination mean that taxpayers across the bottom 95% of the distribution will pay more, on average. The proposal is designed to […]
February 19, 2015
LB 357 calls for significant reductions in personal and corporate income tax rates over several years. It also transfers $160 million out of the cash reserve, $80 million to the Property Tax Credit Program and another $80 million to the General Fund to fill in for the loss of income tax revenue in the first […]
February 10, 2015
The Kasich administration proposal to cut income taxes and expand sales and other taxes would produce big tax cuts for Ohio’s most affluent residents, while increasing taxes on lower- and moderate-income families. The proposal would provide an $11,906 annual tax cut on average to taxpayers in the top 1 percent of the income spectrum, who […]
February 9, 2015
Connecticut’s tax system is uniquely unfriendly to families. Connecticut is one of only two states with an income tax that does not offer tax credits or exemptions to adjust for the cost of caring for children and other dependents. Read the full report here.
February 2, 2015
FAQ on Enacting a Capital Gains Tax In Washington State Read the full report
February 2, 2015
A relatively small number of wealthy Arkansans who make money from the sale of investments reaped the benefits from the capital gains tax cuts passed in 2013. These expensive tax cuts, however, are likely to be scaled back. Today the House Committee approved a version of Governor Hutchinson’s middle-income tax cut that reduces, instead of […]
February 2, 2015
In Montana, thousands of families struggle to make ends meet. One of the most promising policy opportunities to support working families and boost our economy is the enactment of a state Earned Income Tax Credit (EITC). The Great Recession and other economic trends made it harder for Montana’s families to live above the poverty line. […]
February 2, 2015
The governor’s new tax cut plan is a step in the right direction for tax fairness, but leaves out the poorest 20 percent of Arkansans and raises concerns about how the lost revenue will impact vital programs for children and families. Despite tax breaks targeted to the middle class, and even a hike for the […]
February 2, 2015
Rhode Islanders who work full-time should be able to support their families. Yet, far too many are struggling to pay for housing, heat, food, and health care. Increasing Rhode Island’s refundable Earned Income Tax Credit to 20 percent from 10 percent would put hundreds of dollars back in the pockets of working families, improving their […]
January 29, 2015
Property tax “circuit breakers” like the one proposed in LB 186 are a way to provide targeted tax reductions to those whose property taxes are high in relation to their incomes. They are called “circuit breakers” because the tax credits are triggered once property taxes reach a certain percentage of a person’s income, similar to […]
January 29, 2015
Mississippi families are struggling to make ends meet despite working hard and playing by the rules. The federal Earned Income Tax Credit (EITC) gives many of these families the boost they need to be more financially secure. Mississippi can also enact a refundable state EITC to leverage the federal credit’s track record of encouraging work, […]
Advocates and policymakers at the state and federal levels rely on ITEP’s analytic capabilities to inform their debates on proposed tax policy changes. In any given year, ITEP fields requests for analyses of policies in 25 or more states. ITEP also works with national partners to provide analyses of federal tax policy proposals. This section highlights reports that use ITEP analyses to make a compelling case for progressive tax reforms.