December 17, 2012
“KEY FINDINGS Every household pays taxes. Even the poorest fifth of American households paid an average of one-sixth (16 percent) of their total income in federal, state, and local taxes in 2009. The wealthiest 1 percent of households in the country, with annual incomes averaging more than $1.3 million, paid less than one-third (30.7 percent) […]
December 17, 2012
“With poverty on the rise in Louisiana, especially among children, policymakers should expand the state’s version of the Earned Income Tax Credit (EITC)—a tried-and-true tax benefit for families that work, but earn low wages. Louisiana’s credit is the smallest in the nation, which keeps it from helping as much as it could. Its size should […]
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.