Institute on Taxation and Economic Policy

Select Media Mentions

Video: ITEP’s Amy Hanauer Talks Poverty and the Child Tax Credit on the Rick Smith Show

September 14, 2023

This week the Census Bureau released new numbers showing that in 2022 the U.S. lost the dramatic gains made against child poverty in 2021, in large part due to the lapsed Child Tax Credit expansion.

Salon: Child Poverty More than Doubled in 2022 Due to Republicans’ Tax Cut Push. Trump Plans for More

September 13, 2023

Trump and his advisors are setting sights on an aggressive tax cut plan to push during his 2024 campaign. Read more.

Vanity Fair: Donald Trump Wants to Give His Favorite Corporations Another Giant Tax Cut in a Second Term

September 12, 2023

Remember when Donald Trump ran for office in 2016, claiming to be a champion of the working class and the worst nightmare of the global elite? And then passed a package of tax cuts that disproportionately benefited corporations and billionaires and was basically a middle finger to American workers? Well, today brings some exciting news for those who think the überwealthy […]

Washington Post: Trump Advisers Plot Aggressive New Tax Cuts for Second White House Term

September 11, 2023

As Donald Trump widens his lead over other Republican candidates in the GOP primary, the former president’s closest economic advisers are plotting an aggressive new set of tax cuts to push on the campaign trail and from the Oval Office if he wins a second term. Read more.

New York Times: New Corporate Minimum Tax Ushers In Confusion and a Lobbying Blitz

September 7, 2023

The new corporate minimum tax was one of the most significant changes to the U.S. tax code in decades. Its logic rested on the idea that rich companies should not be able to find loopholes and other accounting maneuvers in order to pay lower tax rates than their workers. But making the tax operational has become a […]

Mother Jones: The Struggle to Tax the Rich Isn’t Done Yet—In Some States It’s Actually Happening

August 24, 2023

Under an overcast sky, Patty Flores led a group of colleagues to an empty lot in the mobile home park where she lived. A bare patch of grass traced the outline of a home set ablaze in an electrical fire.  She saw it as a symptom of a larger problem, one that connected to her rising […]

Mother Jones: “The Wealthy Tend to Always Look Out for Themselves”—The Attack on State Taxes By Outside Groups

August 22, 2023

Amia Edwards lives here because she wants to make a difference. But in this majority-Black city, long starved for funding by the state’s mostly white Legislature, that’s proved a steep challenge. Read more.

Editorial: Back-to-School Sales Tax Holiday is Mostly Hype

August 15, 2023

It’s just about back-to-school time, and Gov. Phil Murphy and other Democratic state leaders are showing their love for New Jersey families by offering this special giveaway: 20 cents in sales tax savings off a $3 notebook. Or 13 cents off $2 box of pencils. Wow, right? Read more.

Washington Post: Biden Wants Rich Companies to Pay Higher Taxes. Some Are Fighting Back.

August 14, 2023

It was a simple idea: Major U.S. corporations should pay at least a 15 percent tax on their income, ending an era when some of the country’s most profitable firms owed the federal government little or nothing at all. Instead, the policy championed by President Biden remains bogged down in Washington amid growing legal uncertainty […]

New York Times: What’s the Matter With Miami?

August 4, 2023

For a couple of years after the pandemic struck, there was considerable buzz to the effect that much of the financial industry might leave New York for Miami. After all, state and local taxes on the richest one percent are much lower in Florida than in New York — about nine points lower as a percentage of income, according […]

Chalkboard News: Some States Offer Back-to-School Tax Holidays. Do They Work?

August 2, 2023

As back-to-school shopping is expected to cost consumers an all-time high, some states have implemented sales-tax holidays aimed at providing some relief. Read more.

Charlotte Observer: NC Republicans Aren’t Worried About the Effects of Tax Cuts. You Should Be.

July 28, 2023

In mid-summer, the state capital is experiencing an odd mix of anxiety and content. Democratic Gov. Roy Cooper is warning that plans by Republican state lawmakers to expand private school vouchers and further cut income taxes have forced our public schools into a state of emergency. Read more.

The Lever: The Magical Math Behind Disney’s Content Purge

July 26, 2023

As Hollywood actors and writers strike together for the first time since 1960 over pay, working conditions, and job security, Disney has purged dozens of original TV shows and movies from its streaming platforms, in a move that hurts workers and gives subscribers fewer options to watch. Disney claims it needs to destroy the content […]

Video: How Google, UPS & Amazon Avoid Paying Billions in Taxes

July 19, 2023

ITEP Senior Fellow Matt Gardner appeared on The Freedom Side to discuss corporate tax breaks and "bonus depreciation."

Video: ITEP Executive Director Amy Hanauer Featured on The Young Turks Segment on Social Security

July 17, 2023

This Young Turks segment on Senator Ron Johnson's comments on Social Security features his exchange with ITEP Executive Director Amy Hanauer as well as ITEP data.

The Hill: Progressive Groups Tell Dems To Back Out of Debt Ceiling Handshake Deal

July 17, 2023

Progressive groups are arguing a handshake agreement on spending struck by Republicans and Democrats while raising the debt ceiling is null and void. Read more.

Yahoo Finance: Could Social Security Be Saved by the ‘Buffett Rule?’

July 12, 2023

Among the chief proposals to fix Social Security before a major funding source runs out of money is to have wealthy Americans pitch in through higher taxes and lower benefits. One way to do that is through the so-called “Buffett Rule,” named after mega-billionaire investor Warren Buffett. Read more.

Sacramento Bee: Biden, Democrats Want to Increase Tax Break for Parents. It Could Help 15 million Californians

July 12, 2023

The increased tax credit would help an estimated 14.7 million Californians, according to the Institute on Taxation and Economic Policy, a progressive Washington-based research group. While the proposed increase has a long way to go legislatively, and is likely to change, it’s one of several tax cuts under serious discussion. Read more

Video: ITEP’s Matt Gardner Talks Corporate Tax Breaks on Scripps News Live

July 11, 2023

ITEP Senior Fellow Matt Gardner talks about "bonus depreciation" and our new report that finds that this tax break has saved nearly $67 billion for 25 of the corporations that benefited most.

The New Republic: The Truth About the GOP and the Deficit: All They Do Is Raise It

July 6, 2023

They talk deficit reduction. But what they actually do—time after time after time—is raise it via corporate giveaways. Here’s the latest example. Read more.

Mountain State Spotlight: Tax Cuts, Low-Balled Estimates and Volatile Revenues: Inside West Virginia’s $1.8 Billion Budget Surplus

July 1, 2023

Gov. Jim Justice has used the state’s budget surplus as proof of his business skills as he runs for the U.S. Senate. But the surplus is built on unpredictable revenue streams and will likely be temporary. Read more.

Pittsburgh Post-Gazette: The Next Tax Debates are Heating Up in Congress

June 26, 2023

Call it the battle of the tax cuts. Western Pennsylvania’s lawmakers are on opposite sides as the U.S. House debates whether — and how — to cut taxes. Read more.

The Sacramento Bee: Fact Check: Does California’s Middle Class Pay Less in Taxes Than in Other States?

June 21, 2023

“The American people don’t know this. We have the highest tax rate for the 1%, but middle-class families actually paid less than the majority of states in America in California,” Gov. Gavin Newsom told Fox News host Sean Hannity last week. The governor was half-right. Read more.

Insider: The IRS Could Recover $12 for Every $1 Spent on Scrutinizing the Ultra-Wealthy’s Taxes

June 19, 2023

It turns out that scrutinizing the rich’s taxes pays off. A new paper from economists at the Department of Treasury, Harvard University, and the University of Sydney looks at the return on investment from IRS audits from 2010 through 2014. They find that while it’s much more expensive to audit the wealthiest tax payers, it’s still a […]

The Independent: Biden Warns Union Members that Republicans are ‘Coming for Your Jobs’ in 2024 Campaign Speech in Philadelphia

June 19, 2023

Joe Biden got his 2024 presidential re-election campaign underway in Philadelphia on Saturday by continuing to pitch voters on his pro-labour bonafides. 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].