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].
-
media mention June 2, 2022 Bloomberg: Some States Are Offering Sales Tax Holidays for Shoppers in 2022
Last year, sales tax holidays cost states and local governments more than $550 million in lost revenue—that’s according to an Institute on Taxation and Economic Policy (ITEP) survey of cost… -
media mention May 17, 2022 The New York Times: State Lawmakers, Step Up and Govern
Below is an excerpt of a letter to the editor by Aidan Davis: The overarching theme that ties most of them together is that they are a default reaction among… -
media mention May 17, 2022 The Hill: Biden, Bezos Feud Escalates
Between 2014 and 2018, Bezos reported $4.22 billion income and paid $973 million in taxes. In that period, the Amazon founder and then-CEO’s wealth grew by $99 billion, according to… -
media mention May 16, 2022 MarketWatch: Jeff Bezos accuses Biden of ‘misdirection’ over inflation causes and solutions
A report earlier this year said Amazon avoided paying about $5.2 billion in corporate income taxes in 2021 as it reported record profits. The report by the Institute on Taxation and… -
media mention May 10, 2022 CNN: Fact-checking the Biden vs. Rick Scott argument over Scott’s tax proposal
Another analysis, from the left-leaning Institute on Taxation and Economic Policy think tank, tested a different hypothetical policy that would satisfy Scott’s proposal to have all Americans pay some income… -
media mention May 10, 2022 Washington Post: Corporate America takes first battle over future of Trump tax cuts
“That’s a fair trade,” said Frank Clemente, executive director of Americans for Tax Fairness, a left-leaning group that has along with the Institute on Taxation and Economic Policy voiced opposition… -
media mention May 10, 2022 The Center Square: States That Legalized Marijuana Are Bringing in More Tax Revenue on Marijuana Sales than Alcoho
A majority of the states that legalized recreational marijuana for recreational use are collecting more tax revenue from pot sales than alcohol sales. The first two states to legalize pot… -
media mention May 9, 2022 Politico: Checking for research opposition
The progressive Institute on Taxation and Economic Policy followed up with a post shortly thereafter, calling it an “incredible reversal” that Democrats would consider a net corporate tax cut in… -
media mention May 7, 2022 Salon: Taking the Amazon union battle to the C-suite
The Institute on Taxation and Economic Policy recently reported that Amazon “avoided” about $5.2 billion in corporate federal income taxes in 2021 while reporting record profits of more than $35… -
media mention April 27, 2022 The Hill: Pot taxes surpass those from alcohol in legalization states
The report, from the Institute on Taxation and Economic Policy, found the 11 states where marijuana is legal pulled in just shy of $3 billion in excise taxes on pot… -
media mention April 27, 2022 Bloomberg: Musk’s Untaxed Wealth Opens a Path to Twitter, Riling Democrats
“If you look at Musk’s ‘income’ as defined by our tax code, you see that the guy is really rich, but not rich enough to buy Twitter,” Steve Wamhoff, the… -
media mention April 25, 2022 Yahoo! Finance: Pot Taxes Giving Some States a Revenue High
Taxes on the sale of marijuana are now producing more revenue than taxes on alcohol in the 11 states that legalized commerce in the drug, according to an analysis by… -
media mention April 24, 2022 Forbes: Will Working From Home Cripple City Budgets?
As if COVID-19 hasn’t been hard enough on cities, a new report from the Institute on Taxation and Economic Policy (ITEP) raises another worry—lost tax revenues from a weak office… -
media mention April 19, 2022 McClatchy: A Republican senator has a plan to ‘Rescue America.’ Here’s what it could cost Californians
But it’s the lowest wage earners who would pay more taxes, according to the Institute on Taxation and Economic Policy. The nonpartisan Tax Policy Center reached the same conclusion. The… -
media mention April 15, 2022 MarketPlace: Millions of college students are eligible for tax credits. But they have to file for them
“They’re sensibly designed to make college more attainable, to make it so that students don’t have to live in poverty just to pay for their college expenses,” said Matthew Gardner,… -
media mention April 14, 2022 CNBC: How companies like Amazon, Nike and FedEx avoid paying federal taxes
The current United States tax code allows some of the biggest company names in the country to not pay any federal corporate income tax. In fact, at least 55 of… -
media mention April 12, 2022 CSPAN Washington Journal: Biden Tax Proposals
ITEP Senior Fellow Matthew Gardner appeared on CSpan’s Washington Journal on Tuesday, April 12, 2022, to discuss President Biden’s tax proposals. -
media mention April 12, 2022 Quartz: What’s in store for empty downtown office buildings?
Even as business districts start to recover, Gallup estimates that 37% of current office space in the US is likely to be abandoned as workers switch to remote work. That… -
media mention April 11, 2022 Wall Street Journal: Raise Residential Taxes? Bring in Casinos? Cities Look at Ways to Bolster Budgets
“Though magnitudes vary somewhat across cities, all face significant fiscal risks,” the Institute on Taxation and Economic Policy, a Washington, D.C., think tank, said in a November report that looked… -
media mention April 11, 2022 Wall Street Journal: Cities Look at Ways to Bolster Budgets
“Though magnitudes vary somewhat across cities, all face significant fiscal risks,” the Institute on Taxation and Economic Policy, a Washington, D.C., think tank, said in a November report that looked… -
media mention April 6, 2022 Washington Post: Want to really fix Virginia’s standard deduction? Index it.
On that topic, the Institute on Taxation and Economic Policy wrote: Any feature of an income tax that is based on a fixed dollar amount will be vulnerable to inflationary… -
media mention April 6, 2022 Fox News: Rep. Ro Khanna concerned student loan debt could be a hurdle to raising children, buying homes
“How is it that some corporations are paying zero percent tax?” Khanna said. “We can make sure that people who are very, very wealthy are paying at least 20%. That… -
media mention March 31, 2022 The Nation: Biden’s Billionaire Tax Is Smart Politics for the Midterms
Right now, über-billionaire Elon Musk enjoys a tax rate of 3.27 percent, while Amazon’s Jeff Bezos pays 0.98 percent, according to a 2021 ProPublicareport. Getting them to pay 20 percent… -
media mention March 31, 2022 Bloomberg: Did You Pay Your ‘Fair Share’ of Federal Income Tax This Year?
And according to the Institute on Taxation and Economic Policy, the impact would have a definite geographic tilt. The states where more than 40% of residents would face tax increases… -
media mention March 30, 2022 WVTF Radio: A gas tax holiday may not lead to savings for Virginia drivers
About a third of the savings will go to the oil industry, according to research into how this worked when Indiana and Illinois had a gas tax holiday. But that…