August 18, 2016
“But every time the tides of anti-immigration rise, so too does support for immigrants. On a frigid February day this year, an estimated 14,000 Latinos and their supporters descended on the Capitol Square to protest SB 533 and a second proposed bill (to fine so-called sanctuary cities that restrict police from asking one’s immigration status, […]
August 15, 2016
“And since the average family with kids in kindergarten through high school will spend about $674 for school, according to the National Retail Federation, the tax savings to that family is only about $34 assuming a 5% sales tax rate. That could be notable for a low-income family – if they’re in a position to […]
August 12, 2016
“Sales and excise taxes are the most regressive element in most state and local tax systems,” says the Institute on Taxation and Economic Policy, which examines state tax systems every year. Last year, it claimed Washington had the most unfair tax system in the country, largely because the state, which lacks an income tax, raises […]
August 8, 2016
Seventeen states, primarily in the Southeast, stand to lose more than $300 million in tax revenue because they waive sales taxes on back-to-school items and other goods, including hunting gear, energy-efficient appliances and severe weather preparedness, according to the Institute on Taxation and Economic Policy, a nonprofit, nonpartisan research organization with offices in Washington, D.C., […]
August 5, 2016
The Institute on Taxation and Economic Policy, meanwhile, says that while the idea for the sales tax holiday as a way for families to save money sounds good, it doesn’t do much in the long run. “However, a two- to three-day sales tax holiday for selected items does nothing to reduce taxes for low- and […]
August 5, 2016
The Institute on Taxation and Economic Policy, a Washington, D.C.-based nonprofit, nonpartisan research organization, recently issued a statement about problems with such programs. “Policy makers tout sales tax holidays as a way for families to save money,” the release said. “On the surface, this sounds good. However, a two- to three- day sales tax holiday […]
August 5, 2016
But the 17 states that will host a sales-tax “holiday” this year will lose a total of about $300 million in tax revenue, according to the Institute on Taxation and Economic Policy.Read more
August 5, 2016
The Institute on Taxation and Economic Policy lists Mississippi’s taxes as 21st for “most unfair” or regressive, with people’s incomes less equal after state and local taxation. This is largely because of the state’s reliance on sales taxes and it being one of only two states that levies its full sales tax on groceries with […]
August 5, 2016
Ranking the states by social and economic indicators. Source: Institute on Taxation and Economic Policy, etc. Read more
August 5, 2016
The Institute on Taxation and Economic Policy, a Washington, D.C.-based nonprofit, nonpartisan research organization, recently issued a statement about problems with such programs. “Policy makers tout sales tax holidays as a way for families to save money,” the release said. “On the surface, this sounds good. However, a two- to three- day sales tax holiday […]
August 5, 2016
According to the Institute on Taxation and Economic Policy, foreign-born residents contributed over $116 billion into the local economy in 2014. Wu says the Energy Corridor is the perfect example of immigration working in Houston. Read more or listen to the segment
August 5, 2016
Check out this map of all the U.S. sales tax holidays, back to school and otherwise, from the Institute on Taxation and Economic Policy.
August 5, 2016
The liberal Institute on Taxation and Economic Policy is out with a new paper arguing that energy-rich states cut corners and relied too heavily on their wealth of natural resources, instead of setting up tax systems based on more solid footing. States like Alaska and Louisiana, ITEP writes, showered tax cuts on both individuals and […]
August 5, 2016
The Institute on Taxation and Economic Policy again this year called sales-tax holidays ineffective with minimal benefits for low-and moderate-income taxpayers. “Sales tax holidays fall short because they are poorly targeted, cost revenue, can easily be exploited and create administrative difficulties,” the institute said. Read more
August 5, 2016
“Sales tax holidays are political gimmicks that fail to deliver on their grand promises,” said Dylan Grundman with the Institute on Taxation and Economic Policy. “They may give consumers a short break from sales taxes on certain items, but they don’t change regressive state tax systems. Policymakers should instead consider policies that make our tax […]
August 5, 2016
Many tax policy experts, however, look askance at the sales tax holiday phenomenon. “They’re really mostly just a political gimmick,” said Meg Wiehe, state tax policy director at the Institute on Taxation and Economic Policy. Elected officials, she said, like the opportunity to talk about how the holidays save voters money. But in reality, she […]
August 5, 2016
The Bay State isn’t the only state to forgo its sales-tax holiday in order to raise additional funds. Kansas, North Carolina, Nebraska, Rhode Island and Wisconsin, state legislators are among those that have also decided against holding new tax holidays or reinstating them during the last few years, and they’ll be saving money as a […]
July 28, 2016
“For its part, the liberal Institute on Taxation and Economic Policy in a July 11 policy brief likewise questioned the propriety of sales tax holidays, concluding they do little to help the working poor, result in less tax revenue and administrative headaches for state tax collectors and provide an opening for “unscrupulous” merchants to “increas[e] […]
July 28, 2016
“The shortfall is dramatic. The Institute on Taxation and Economic Policy found that in 2013, the purchasing power of gas tax dollars had declined 22 percent since 1997, plus alternative fuel and fuel-efficient vehicles drained the purchasing power another 6 percent.” Read more
July 28, 2016
“Seventeen states, primarily in the Southeast, stand to lose more than $300 million in tax revenue because they waive sales taxes on back-to-school items and other goods, including hunting gear, energy-efficient appliances and severe weather preparedness, according to the Institute on Taxation and Economic Policy, a nonprofit, nonpartisan research organization with offices in Washington, D.C., […]
July 28, 2016
“Matt Gardner, executive director of the Institute on Taxation and Economic Policy, argued in a recent blog that repealing the law would be adverse for homeowners who might have to make up the difference in higher real estate taxes.” Read more
July 27, 2016
“Sales tax holidays are political gimmicks that fail to deliver on their grand promises,” according to a recent memo by Dylan Grundman with the Institute on Taxation and Economic Policy.” Read more
July 27, 2016
“Indeed, a recent Institute on Taxation and Economic Policy (ITEP) “Undocumented Immigrants’ State & Local Tax Contributions study found that undocumented immigrants residing in the U.S. pay out an estimated $11.64 billion in annual taxes.” Read more
July 27, 2016
“But as the Washington-based research organization Institute on Taxation and Economic Policy (ITEP) points out, no new states introduced tax holidays this year. In fact several states have reduced or canceled theirs recently.” Read more
July 27, 2016
“In a recent paper, the Institute on Taxation and Economic Policy (ITEP) concluded that US sales tax holidays are “poorly targeted and too temporary to meaningfully change the regressive nature of a state’s tax system.”” Read more
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].