Select Media Mentions
Members of the media rely on ITEP for analysis and insight about how tax policies affect people. If you’re a reporter looking to talk to one of our experts, contact Jon Whiten at [email protected].
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media mention October 7, 2022 Houston Chronicle: Middle-Class Texans Lap Up the Low Taxes Lie
Texas is a low-tax state only if you make a lot of money. If you don’t, then you’re better off in California. The biggest lie Texas politicians have ever told… -
media mention September 30, 2022 Mother Jones: How One Man Helped Make America a Global Tax Haven
During the mid-1990s, trust and estate lawyer Jonathan Blattmachr had an innovative idea that would come to revolutionize the American trust industry. Blattmachr is a veteran of the wealth management… -
media mention September 14, 2022 Center for Public Integrity: How State Taxes Make Inequality Worse
All but a handful of states make poor residents contribute a greater share of their income to taxes than wealthy people do. Economists call that upside-down approach “regressive.” Nationwide, the… -
media mention September 3, 2022 Yahoo: Handful of States Debate Whether to Tax Forgiven Student Loans
A handful of states could still end up taxing President Biden’s recently announced student loan forgiveness of up to $20,000. Read more. -
media mention August 29, 2022 Minnesota Reformer: Scott Jensen’s Proposal to Eliminate Income Tax Would Benefit Minnesota’s Wealthiest
Republican nominee for governor Scott Jensen wants to eliminate the state income tax, which would create a $15 billion hole in the state budget every year. Read more. -
media mention August 23, 2022 The New Republic: How Red States Use Regressive Grocery Taxes to Feed the Rich
Conservative state legislatures are using pandemic-era surpluses to give tax cuts for the wealthy while maintaining unfair flat taxes that punish the poor. Read more. -
media mention August 19, 2022 Newsweek: Stimulus Check Update: Child Tax Credit Bill Faces Uphill Battle
Conversations on reviving the expanded child tax credit—which the White House credited as the main driver behind bringing child poverty to record lows in 2021—might not be finished yet. Read… -
media mention August 18, 2022 The Progressive: Finding Cash for Kids
Congress failed to extend the expanded Child Tax Credit, which cut childhood poverty by nearly a third. Now, states are adopting their own versions. Read more. -
media mention August 15, 2022 KALW’s ‘Your Call’: Senate Democrats Impose New Tax Rules on Corporations
ITEP’s Joe Hughes joined Your Call to discuss the tax provisions in the Democrats’ reconciliation bill, which passed the Senate on Sunday without one Republican vote. Listen here. -
media mention August 15, 2022 Marketwatch: Here’s How Private Equity Got Relief in Democrats’ Healthcare, Climate and Tax Package
The bipartisan duo of Sens. Kyrsten Sinema and John Thune helped private equity firms escape tens of billions of dollars in potential tax increases and instead walk away with relief… -
media mention August 14, 2022 NBC: Right-Wing Outcry Over IRS Funding Builds as Agency Workers Describe Shortages of Staff and Printer Paper
Inside the Internal Revenue Service, which is on the brink of a major funding infusion that Democrats and agency workers say is badly needed to boost efficiency and revenues, staffers… -
media mention August 14, 2022 Insider: The Inflation Reduction Act’s Tax on Stock Buybacks Isn’t a Perfect Solution to Close the Wealth Gap — But It’s a Step in the Right Direction
One last-minute addition to the IRA received relatively little attention, and it could stand to be one of the most transformative policies in the bill. Read more. -
media mention August 14, 2022 Common Dreams: ‘Biggest Win for Tax Fairness’ in Decades: Progressives Cheer Reforms in IRA, Demand More
Following House Democrats’ passage of the Inflation Reduction Act on Friday, progressives applauded the most significant changes to the federal tax code since 2017, when Republicans’ highly regressive and deeply unpopular Tax Cuts… -
media mention August 11, 2022 Washington Post: With Sinema’s Help, Private Equity Firms Win Relief from Proposed Tax Hikes
Senate Democrats agreed Sunday to protect firms owned by the private equity industry from a new minimum tax on billion-dollar corporations, bowing to pressure from Sen. Kyrsten Sinema (D-Ariz.), who… -
media mention August 11, 2022 Time: Some of America’s Largest Corporations Pay Zero Taxes. Here’s How Congressional Democrats Aim to Change That
Progressive Democrats have been grousing for what seems like eons about the fact that some of the nation’s wealthiest corporations avoid paying their fair share in taxes. This weekend, the… -
media mention August 11, 2022 Los Angeles Times: Tax Provisions May Be Democrats’ Most Unexpected Victory in the Inflation Bill
The budget reconciliation bill just passed by the Senate and heading for final congressional approval offers dramatic improvements in American policies aimed at fighting global warming and improving healthcare. Read more. -
media mention August 11, 2022 Washington Post: The Corporate Minimum Tax Could Hit These Ultra-Profitable Companies
The House is expected to approve the Inflation Reduction Act on Friday that includes a minimum tax rate of 15 percent on highly profitable companies — a levy that could hit… -
media mention August 11, 2022 U.S. News: What the Inflation Reduction Act Means for You
The Inflation Reduction Act requires certain large corporations to pay a minimum income tax of 15% and a 1% tax on stock buybacks. The bill also allocates an additional $80… -
media mention August 2, 2022 Bloomberg Tax Op-Ed: Manchin-Schumer Deal Takes Sensible Aim at Corporate Tax Dodging
Revenue-raising provisions in the Inflation Reduction Act would bring long-overdue fairness to a tax system that for decades has been eroded by special breaks for the powerful and well-connected, says… -
media mention July 28, 2022 The Washington Post: How the Schumer-Manchin Climate Bill Might Impact You and Change the U.S.
“This would certainly be the biggest corporate tax increase in decades,” said Steve Wamhoff, a tax expert at Institute on Taxation and Economic Policy. “We’ve had decades of tax policy… -
media mention July 28, 2022 Reuters: Biden Pledge to Tax Wealthy, Companies Revived with Manchin-Led Bill
Biden said during a speech on Thursday that the deal would “for the first time in a long time begin to restore fairness to the tax code – begin to… -
media mention July 5, 2022 CNBC: Millions of Calif. families to get ‘inflation relief’ stimulus checks of up to $1,050
Democratic California Gov. Gavin Newsom and Democratic legislative leaders agreed on a $17 billion relief package that includes $9.5 billion in inflation relief funds. Those estimated 23 million California taxpayers will receive… -
media mention June 14, 2022 Bloomberg Tax: Flat Income Tax Revival Draws Sharply Mixed Reviews (Podcast)
With cash cushions plump with federal pandemic relief dollars and a surge in tax revenues, state legislatures across the country have cut taxes aggressively this year. But several states went… -
media mention June 2, 2022 TheStreet.com: Amazon’s Biggest Rival Isn’t Walmart, It’s Congress
Over that period the company paid $1.9 billion in U.S. corporate income taxes, according to a 2021 analysis by the Institute on Taxation and Economic Policy. Those payments gave Amazon… -
media mention June 2, 2022 Wall Street Journal: States Help Business Owners Save Billions in Federal Taxes
“That’s logical from any individual state’s perspective, but in the big national scheme of things, it’s hard to see how this is a good thing,” said Carl Davis, research director…