June 22, 2016
“That’s because the most obvious new revenue stream would be a sales tax increase or expansion, which hits lower-income families the hardest, as they spend a larger portion of their incomes on items and services than do wealthier people. Thus, a greater percentage of their incomes will go to sales taxes than rich people’s will. […]
June 21, 2016
“Undocumented immigrants living in Illinois pay an estimated $743 million in state and local taxes a year, according to a report by the Institute on Taxation and Economic Policy. The report provides state-by-state estimates of the current state and local tax contributions of the 11 million undocumented immigrants living in the United States as of […]
June 20, 2016
“As costly and unfair as the deduction is right now, it’s very likely that it will become even more so in the next couple of years,” ITEP said. “States that offer this deduction are especially susceptible to federal tax changes and it seems likely that the federal income taxes paid by the best-off Americans will […]
June 20, 2016
“The poorest 20 percent of households — those making less than $23,000 a year — are paying about $200 more, on average, according to an analysis by the Institute on Taxation and Economic Policy in Washington. For the middle class, the changes have been a wash, with less-affluent households paying somewhat more and more-affluent households […]
June 17, 2016
“Most people don’t realize the significant economic contributions of undocumented Californians. According to the Institute on Taxation and Economic Policy, they paid more than $3.1 billion in taxes in 2013. Immigrants and their children — who make up more than 42 percent of our population — contribute more than $650 billion to California’s annual GDP.” […]
June 17, 2016
“Immigration reform is an especially contentious issue in this election cycle. But one nonprofit is hoping to set the record straight about at least one aspect of undocumented immigrants: According to a report by The Institute on Taxation and Economic Policy (ITEP), undocumented immigrants pay state and local taxes like any other American citizen.” Read […]
June 17, 2016
“A new Institute on Taxation and Economic Policy (ITEP) report concludes that undocumented immigrants living here in the U.S. pay out an estimated $11.64 billion in annual taxes.” Read more
June 17, 2016
“The study, authored by Lisa Christensen Gee, Matthew Gardner and Meg Wiehe, was sponsored by the Institute on Taxation and Economic Policy in Washington D.C. It is not the first study of its kind, but it updates the information on immigrant tax payments and breaks it down state by state. In an election year during […]
June 16, 2016
““If there are competing companies that have maintained their U.S. tax status, that are acting responsibly in their taxpaying behavior, then policy makers should be asking questions about why these companies aren’t being promoted instead of the inverters,” said Matt Gardner, executive director of the Institute on Taxation and Economic Policy, a group arguing against […]
June 16, 2016
“An economic analysis by the independent Institute on Taxation and Economic Policy (ITEP) found that these bills – House Bills 7 and 17 – would result in $113 million per year in lost revenue to the state. That’s money Louisiana can ill afford to sacrifice at a time when critical health, education and public safety […]
June 10, 2016
“Fulop notes that our state economy is dependent upon a strong infrastructure, and a variable rate increase in the gas tax — with a low-end threshold to ensure that trust fund budgetary obligations are met — means that New Jerseyans will be protected if gas prices increase drastically. Fulop’s idea to index the tax to […]
June 10, 2016
“What we’re seeing here is a tax avoidance mechanism that is only available to the most wealthy Americans,” the executive director of the Institute on Taxation and Economic Policy Matthew Gardner told the Monitor in a phone interview. “When you allow best-off Americans to take advantage of these shelters,” says Mr. Gardner, “it does […]
June 10, 2016
“Worse, our PIT is largely responsible for our national ranking by the Institute on Taxation and Economic Policy as the sixth most regressive tax state.” Read more
June 10, 2016
“I read with interest another commentary about an income tax being proposed in Olympia and why that shouldn’t happen. I imagine it means nothing to the writer that the Institute on Taxation and Economic Policy in Washington, D.C., finds our state tax system the most regressive in the nation. We have the lowest paid teachers […]
June 10, 2016
“According to a study titled, “Undocumented Immigrants State and Local Tax Contributions,” by the Institute on Taxation and Economic Policy, undocumented immigrants contribute over $11 billion annually in state and local taxes.” Read more
June 7, 2016
“Meanwhile, a national tax expert, Carl Davis of the nonpartisan Institute on Taxation and Economic Policy, said he was unaware of any similar programs in other states, and warned that if the pilot is expanded beyond five towns, it could pit cities and towns against one another and promote business poaching.” Read More
June 7, 2016
“Anyone making $80,000 or less a year is paying two to three times the tax rate of Arizona’s one percenters. Wealthier people may pay a higher percentage in state income taxes, but they pay a far lower rate when it comes to other taxes, especially sales tax. According to the ITEP figures, people who make […]
June 3, 2016
“The tax cutting in Mississippi didn’t stop with the franchise tax. The measure signed by the governor also significantly reduced personal income taxes. Basically, the state will exempt the first $10,000 of earnings from income tax. This will, as my friends at the Institute on Taxation and Economic Policy (ITEP) point out, skew the benefits […]
May 31, 2016
“He cited reports, including one by the nonpartisan Institute on Taxation and Economic Policy that found tax incentives to be “costly for states” and “a drag on national economic growth.”” Read more
May 31, 2016
“Lembo highlighted reports, including one by the nonpartisan Institute on Taxation and Economic Policy that found tax incentives are “costly for states” and “a drag on national economic growth.”” Read more
May 31, 2016
“This may seem negligible to the state’s wealthy and middle class, but not to a poor family with a breadwinner struggling at the margins. The method chosen is deporable – cutting the state share of the earned-income tax credit for low-income workers, a federal program widely praised as an effective life from poverty. “It’s one […]
May 27, 2016
“Indiana Immigrants who are here illegally paid $108.9 million in state and local taxes in 2010, according to the Institute on Taxation and Economic Policy. But were they to have legal status, they would have paid $141.7 million in state and local taxes, according to the group.” Read more
May 27, 2016
“The Institute on Taxation and Economic Policy reportedly said repealing the Hall tax will cause Tennessee’s tax system to become more regressive, because it will benefit the wealthiest taxpayers, while the majority of Tennesseans will see no benefit at all.” Read more
May 27, 2016
“The Institute on Taxation and Economic Policy estimated that undocumented immigrants pay $11.6 billion per year in income, sales and property taxes.” Read more
May 23, 2016
“New, more fuel-efficient cars have eaten into gas tax revenue. Furthermore, many gas tax rates — including Oregon’s 30-cent levy — have not kept up with inflation. In Oregon, the effective tax rate will fall to less than 24 cents per gallon in inflation-adjusted terms within 10 years, according to the Institute on Taxation and […]
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].