Buying a home is a goal for most hard-working Wyoming families, and achieving it is a cause to celebrate. But many homeowners in recent years have opened their annual property tax bills and been jolted by huge increases. In fact, residential property tax bills in Wyoming have gone up by an average of more than 80 percent over the past six years.
ITEP Work in Action
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.
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ITEP Work in Action February 14, 2024 Better Wyoming: Somehow, Some Way, Wyoming Property Tax Relief is Coming
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ITEP Work in Action February 12, 2024 Common Good Iowa: Both Governor’s, Senate Plans Worsen Tax Inequalities
Iowans have traditionally valued expanding opportunity, caring for neighbors and a strong sense of fair play. Tax-cut proposals at the Iowa Statehouse from Governor Kim Reynolds and legislative leaders turn these Iowa values upside down. They would drastically restrict revenue needed to fund critical services such as education, health care, public safety and environmental quality. The Senate bill, SSB 3141, would set out to fully eliminate the income tax, which until recently has funded roughly half of the state budget. By targeting benefits to the wealthiest Iowans, the plans would throw an already inequitable tax system further out of balance.
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ITEP Work in Action February 12, 2024 Oklahoma Policy Institute: Economic Projections for Asylum Seekers and New Immigrants in Oklahoma
Immigration is hardly a new social trend in the state of Oklahoma. Of the four million people living in the state, 243,000 are immigrants, or six percent of the total population, according to the 2022 American Community Survey.
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ITEP Work in Action February 12, 2024 Audio: ITEP’s Miles Trinidad Talks About Oregon’s Upside-Down Tax Code
We’re talking taxes today on Policy for the People, specifically from the vantage point of the Oregonians with the fewest resources, those who are struggling the most to make ends meet. In our first segment, we hear about a brand new tax credit in Oregon designed to shore up the lowest-income families with young children in our state. Tyler Mac Innis of the Oregon Center for Public Policy explains who qualifies for the Oregon Kids’ Credit and why the creation of this new tax credit is a very good thing. But despite the positive development that the Oregon Kids’ Credit represents, Oregon’s tax system as a whole is one that continues to weigh more heavily on the lowest income families than anyone else. Miles Trinidad of the Institute on Taxation and Economic Policy discusses the recently released report Who Pays? (https://itep.org/whopays-7th-edition/)
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ITEP Work in Action February 7, 2024 Center on Budget and Policy Priorities: High-Income People Who Received Large Net Tax Cuts in 2017 Law Don’t Need a New SALT Tax Cut
The House is poised to consider a new tax bill that would raise the cap on deductions for state and local taxes (SALT), giving another large tax cut to the same group of rich people who benefitted the most as a share of their incomes from the 2017 tax law. Over half of the benefits would go to those in the 95th to 99th percentiles for income — the biggest winners of the 2017 tax law — according to the Institute on Taxation and Economic Policy (ITEP). This group doesn’t need another tax cut, and policymakers should reject the bill.
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ITEP Work in Action February 7, 2024 New Mexico Voices for Children: New Mexico has the Most-Improved Tax Fairness of Any State
New Mexico now has the ninth most progressive tax system in the nation as ranked by the Institute on Taxation and Economic Policy’s recently updated Who Pays? report on tax incidence. That same report showed New Mexico as making the most progress toward tax fairness in the nation!
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ITEP Work in Action February 6, 2024 Center on Budget and Policy Priorities: Vermont Can Invest in Brighter Future With Targeted Income Tax Measure
According to estimates from the Institute on Taxation and Economic Policy (ITEP), the proposal would fall almost exclusively on the state’s richest 1 percent of households, or those with average incomes of about $1.8 million a year.[2] The remainder of the state’s residents — who to be clear, already themselves contribute significant shares of revenue through existing taxes on income, sales, and property[3] — would see no change.
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ITEP Work in Action February 5, 2024 Video: ITEP’s Carl Davis Discusses ‘Who Pays?’ at Rhode Island Revenue Roundtable
ITEP researcher Carl Davis joins the Economic Progress Institute (EPI) for Rhode Island’s Revenue Roundtable.
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ITEP Work in Action January 30, 2024 Rep. Rosa DeLauro: Fact Sheets on Tax Deal
“The tax deal fails on equity,” said Congresswoman DeLauro. “It delivers huge tax cuts for giant corporations while denying middle class families the economic security they had under the expanded, monthly Child Tax Credit. It also leaves the poorest families behind because of a policy choice. At a time when a majority of American voters believe tax on big corporations should be increased, there is no reason we should be providing corporations a tax cut while only giving families pennies.”
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ITEP Work in Action January 29, 2024 Policy Matters Ohio: New Data Show Just How Upside-Down Ohio’s Tax Code Is
In 2023, the lowest-paid Ohioans spent more than twice as much of their income on state and local taxes than the highest-paid, according to a new study by the Institute on Taxation and Economic Policy (ITEP).
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ITEP Work in Action January 29, 2024 American Progress: DACA Recipients Bolster Social Security and Medicare
Eight years of survey data have shown that DACA recipients’ average reported hourly wages have increased by 137.2 percent, from $11.92 per hour in 2015 to $28.27 per hour in 2022. This not only benefits recipients and their families but also the entire country: According to the Institute on Taxation and Economic Policy, thanks to DACA, recipients are able to contribute more in taxes as a result of increased employment rates, earnings, and tax compliance rates.
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ITEP Work in Action January 29, 2024 ITEP’s Carl Davis: Who Pays Vermont Taxes?
ITEP Research Director Carl Davis gave a presentation on Vermont’s tax system to that state’s Ways and Means Committee on January 25, 2024. Click here for the slide deck. -
ITEP Work in Action January 24, 2024 Hawai’i Appleseed Center for Law and Economic Justice: Rebalance Hawaii’s Upside-Down Tax Code to Achieve Prosperity for All
Our state tax code makes the situation worse. A comprehensive analysis of state and local taxes across the country shows that Hawaii is the third-worst state when it comes to taxing struggling working families. Households in the lowest income category pay an effective tax rate of 14.1%, while the richest 1% pay an effective tax rate of 10.1%
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ITEP Work in Action January 23, 2024 Oregon Center for Public Policy: Oregon’s Tax System is Fundamentally Unfair, but We Can Fix It
If you were designing a tax system from scratch, who would you tax at a higher rate: a low-income family struggling to pay the rent and put food on the table, or a rich family making way more money than they spend?
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ITEP Work in Action January 23, 2024 The Commonwealth Institute: How the Governor’s Proposal Increases Taxes for Low-Income Families, Gives Significant Cuts to the Wealthy
When we all pitch in our fair share, we can invest in the programs and services that help everyone to thrive, like public education, affordable housing, and more. But Virginia’s tax code is upside-down, where those with the most pay the least taxes as a share of income.
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ITEP Work in Action January 16, 2024 Testimony of Prosperity Indiana’s Andrew Bradley Before the Indiana State and Local Tax Review Task Force
On January 10, Andrew Bradley, Policy Director at Prosperity Indiana, testified before the State and Local Tax Review Task Force of the Indiana General Assembly. During his presentation, Bradley highlighted… -
ITEP Work in Action January 15, 2024 New Mexico Taxation and Revenue Department: New Mexico Among Top 10 for Tax Equity
New Mexico is now among the top 10 states for most equitable tax structures thanks mostly to changes signed into law by Gov. Michelle Lujan Grisham over the past five… -
ITEP Work in Action January 15, 2024 Washington State House Democrats: WA Improves Tax Equity Based On New Report
Washington’s tax system is becoming more fair for working families. Read more. -
ITEP Work in Action January 15, 2024 Oxfam: Do the Rich Pay Their Fair Share?
Paying your fair share of taxes strikes at the heart of fundamental fairness. Does everyone play by the same rules? Does our government have the resources it needs to provide… -
ITEP Work in Action January 10, 2024 Massachusetts Budget & Policy Center: How Much Does the Millionaire Tax Improve Tax Fairness? How Does Massachusetts Compare Now to Other States?
A new 50-state analysis from the Institute on Taxation and Economic Policy (ITEP) finds that Massachusetts’ recently adopted millionaire tax makes Massachusetts’ state and local tax system much more equitable.… -
ITEP Work in Action January 4, 2024 Common Good Iowa: Tax Cuts: What’s At Stake for Iowans
The income tax is a way Iowans come together to lay strong foundations that create opportunity and help people thrive. Governor Reynolds and legislative leaders want to eliminate Iowa’s personal income… -
ITEP Work in Action December 13, 2023 Keystone Research Center: Fair Taxation Can Help Achieve a More Just Pittsburgh
Over the past several years, federal funding via the American Rescue Plan (ARP) has temporarily boosted City of Pittsburgh revenues and allowed increased investment in affordable housing, workforce training, healthy… -
ITEP Work in Action December 1, 2023 Center on Budget and Policy Priorities: States’ Recent Tax-Cut Spree Creates Big Risks for Families and Communities
State policymakers nationwide have embarked on a tax-cutting spree over the past three years, using the cover of temporary budget surpluses stemming from robust federal aid in response to COVID-19… -
ITEP Work in Action November 21, 2023 Congresswoman Rosa DeLauro: Cuts To the IRS Would Protect Tax Cheats Over Honest, Hard-Working Families
Thank you Chairman Womack, Ranking Member Hoyer, and the subcommittee staff, especially Matt Smith and Philip Tizzani, for all the work that you do. This Financial Services and General Government… -
ITEP Work in Action November 17, 2023 North Carolina Budget & Tax Center: NC Leaders Are Shirking Their Responsibilities To Our Children, Our State by Revisiting Leandro Lawsuit
The announcement that the NC Supreme Court will rehear the court case that affirmed children’s constitutional right to a sound, basic education is just another way in which North Carolina’s…