Institute on Taxation and Economic Policy

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Great Falls Tribune: Montana lawmakers split with Buffett Rule coming to head

December 17, 2012

5:11 AM, Apr. 15, 2012  | WASHINGTON — Should millionaires be required to pay higher taxes? Montana’s U.S. lawmakers are split over the issue, which is expected to be front and center in Washington, D.C., this week. At issue is a concept pushed by President Barack Obama and other Democrats, called the Buffett Rule. Named […]

The Birmingham News: Funding for Alabama’s Northern Beltline uncertain

December 17, 2012

(Original Post) Published: Sunday, April 15, 2012, 9:00 AM     Updated: Sunday, April 15, 2012, 4:56 PM By Thomas Spencer As the Alabama Department of Transportation prepares to embark on one of the most ambitious interstate building projects in the nation — the 52-mile, $4.7 billion Northern Beltline — both the state and the federal government […]

The Huffington Post: Time for a 99 Percent Tax Revolt

December 17, 2012

(Original Post) Elizabeth ParisianPolicy analyst, Stand Up! Chicago With Tax Day tomorrow, it seems like the subject of taxes — tax policy, tax fairness, tax reform — is on everyone’s minds. On Tuesday, President Obama gave a speech in Florida in support of the Buffet Rule, in what is likely a move to make tax […]

Market Watch: Taxes: Are you paying your fair share?

December 17, 2012

(Original Post) By Andrea Coombes, MarketWatch SAN FRANCISCO (MarketWatch) — Do you pay your fair share in taxes? Even as President Barack Obama pitches the “Buffett rule” to ensure that millionaires pay at least a 30% tax rate, some commentators are decrying the fact that about half of U.S. taxpayers don’t pay any federal income […]

Connecticut News Junkie: Taxes Build Our State and Nation

December 17, 2012

(Original Post) by Wade Gibson | Apr 16, 2012 9:55am For Easter, my friend and I traveled from Connecticut to visit family down in Texas, a distance of nearly 2,000 miles. Two centuries ago, our journey would have taken months by land; a sailboat would have hastened our trip, although we would have feared pirates […]

The Huffington Post: Corporations That Spent The Most On Lobbying Saw Tax Rates Decline

December 17, 2012

(Original Post) Luke JohnsonPosted: 04/17/2012 8:09 am Updated: 04/17/2012 8:09 am The top eight companies that spent the most on federal lobbying from 2007 to 2009 all saw their reported tax rates decrease from 2007 to 2010, according to a new analysis released Monday by the Sunlight Foundation. The report notes that these top eight […]

The Tennessean: Activists hold bake sale to make point about Tennessee taxes

December 17, 2012

(Original Post) Posted on April 17, 2012 by Chas Sisk Tennesseans for Fair Taxation, a group that advocates a state income tax, never seems to give up. The legislature may be no mood to consider an income tax (video), but TFT was outside Legislative Plaza today with a ploy to win them over. Members of […]

The Progressive Pulse: On Tax Day, demonstrators seek tax equality for the 99%

December 17, 2012

(Original Post) Post on April 17, 2012 by Clayton HenkelAs last-minute tax filers scramble to get their taxes in by Tuesday’s midnight deadline, demonstrators gathered outside the Bank of America branch in Raleigh’s Cameron Village to protest corporate tax avoidance. The NC AFL-CIO, MoveOn.org, and other community activists believe that Tax Day is a reminder […]

The Huffington Post: Breakfast With the One Percent

December 17, 2012

(Original Post) 04/18/2012 6:35 pmSarita Gupta is the Executive Director of National Jobs with Justice. 6:00 a.m. — A Verizon cell phone, which doubles as your alarm clock, goes off. You silence the alarm and find a text reminder that your bill is due. It’s Verizon that needs a reminder to pay its fair share. […]

Courier News: MoveOn protests tax inequity

December 17, 2012

6:20 AM, Apr. 18, 2012 Written by Bob Makin Staff Writer CENTRAL JERSEY — Nearly two dozen MoveOn members participated in the organization’s Tax the 1% National Day of Action at a bank in New Brunswick and at post offices in Flemington and Mendham on Tuesday. Regional organizer Mary Stevens said the protests in front […]

Pittsburgh Post-Gazette: A sorry story of transit and taxes: State legislators support the wealthy over the many who need mass transit

December 17, 2012

(Original Post) April 18, 2012 12:00 am By Natalia Rudiak We are the wealthiest nation in the world. So why are we struggling to maintain basic public services? It seems that Allegheny County’s transit system is in crisis every year, but this year the crisis looks potentially terminal: Without adequate funding from our state government, […]

South End Patch: Massive Tax Day Rally Envelops Financial District

December 17, 2012

(Original Post) Hundreds of concerned citizens took to the streets of the Financial District Tuesday to protest “tax-dodging” corporations. By Andrew Jeromski     A Massive group of protesters took to the streets of Boston’s Financial District late yesterday afternoon to demand major corporations and the wealthiest 1 percent of Americans pay their fare share of […]

The Wichita Eagle: League of Women Voters speaks out against Kansas income tax plans

December 17, 2012

(Original Post) By BRENT D. WISTROMEagle Topeka bureau Published Saturday, April 21, 2012, at 5:33 p.m. TOPEKA — The League of Women Voters of Kansas, usually noted for their opposition to laws they feel create barriers to voting, stepped out late last week against the two income tax reduction bills being debated by House and […]

Press TV: No fair share for war taxes

December 17, 2012

(Original Post) Sun Apr 22, 2012 3:29PM GMT Frida Berrigan, Waging Nonviolence I am big fan of the post office in general and of my local post office in particular. I go there as often as I can (honestly, I do). But, when I needed stamps on Monday, I was not prepared for the line […]

St. Louis Post Dispatch: Missouri can’t afford to leave $400 million on the table

December 17, 2012

Monday, April 23, 2012 | 10:21 a.m. CDT BY St. Louis Post-Dispatch Forty-four of the 50 states in the nation don’t allow it. Missouri does, and in 2011, the practice denied state agencies nearly $400 million that Missourians desperately needed for health care, education, infrastructure and other essential services in every part of the state. […]

Business Week: A Tax Windfall From the Housing Bust

December 17, 2012

(Original Post) By Amanda J. Crawford on April 26, 2012 As Karen Jacobs, an economist in Arizona’s Department of Revenue, was reviewing income tax data for 2010, she came across a puzzling trend: Refunds were down and tax liability was up even though the state’s unemployment rate peaked that year, at 10.8 percent. “My first […]

Fairfield County Business Journal: Corporations dodge taxes, hand small biz the bill

December 17, 2012

(Original Post) by Janice Kirkel The amount the average American small business had to pay in 2011 to cover the cost of corporate abuse of tax havens was $2,116.The amount an individual tax filer had to pay was $426. Both are the findings of a report by U.S. PIRG, the federation of state public interest […]

Casper Star-Tribune: Wyoming ranks high again for economic growth

December 17, 2012

(Original Post) By JOAN BARRON Star-Tribune capital bureau | Posted: Sunday, April 29, 2012 10:00 am CHEYENNE — Wyoming again ranks fourth among states for best economic growth and outlook, largely because of the state’s low total tax burden, according to a nonprofit group’s report. The American Legislative Exchange Council ranked Wyoming fourth for the […]

Philadelphia Inquirer: Pa.’s tax dodgers don’t deserve a break

December 17, 2012

(Original Post) Posted: Tue, May. 1, 2012, 3:00 AM Sharon Ward For too long, big companies have benefited from Pennsylvania lawmakers’ refusal to close tax loopholes. They have been free to use aggressive avoidance schemes to shield their income from state taxes and shift the cost of public services to families and other businesses. After […]

Fairbanks Daily News-Miner: Aches, pains and oil taxes: The weaknesses in governor’s plan were coming out

December 17, 2012

by Richard Fineberg May 06, 2012 The legislative special session ended early, saving Alaska from misguided petroleum legislation. Conflicting information on oil and gas revenue issues confounded deliberations, suggesting that Alaska should add the letter “H” to ACES. This change would convert the acronym for “Alaska’s Clear and Equitable Share” to ACHES: “Alaska’s Confusing, Hidden […]

The Hutchinson News: DC group criticizes Kan. plan for cutting taxes

December 17, 2012

Published: 5/8/2012 10:01 PM | Last update: 5/8/2012 10:01 PM TOPEKA – A Washington think tank says a tax-cutting package in the Kansas Legislature would shift part of the tax burden to the state’s poorest residents. The Institute on Taxation and Economic Policy is a research group that advocates for progressive tax codes. The group […]

Topeka Capital Journal: Senate poised for vote on tax bill

December 17, 2012

(Original Post) Posted: May 9, 2012 – 11:44am By Tim CarpenterTHE CAPITAL-JOURNAL The Senate takes up a controversial income-tax reduction compromise Wednesday labeled by Republicans as a fair piece of legislation and by Democrats as damaging to the working poor. The measure pending before the Senate would drop individual state income tax rates and phase […]

Chicago Tribune: New Jersey gas tax unchanged as transportation costs rise

December 17, 2012

Brian Ianieri The Press of Atlantic City, Pleasantville, N.J. 11:35 a.m. CDT, May 8, 2012 New Jersey’s gasoline tax was designed to fund roads and bridges but, with it unchanged after more than 20 years, it now cannot fully cover interest payments on past loans to fix them. Like many states, New Jersey faces a […]

Associated Press: Kan. Senate leaders expect close vote on tax cuts

December 17, 2012

By John Hanna Associated Press / May 9, 2012 TOPEKA, Kan.—Members of the Kansas Senate expected their vote to be close Wednesday on proposed income and sales tax cuts, with critics pointing to a national think tank’s analysis that the plan would shift part of the state’s tax burden from its wealthiest residents to its […]

The Colorado Independent: Denver protest targets Wells Fargo

December 17, 2012

(Original Post) Man facing foreclosure meets with bank executivesBy Scot KersgaardWednesday, May 09, 2012 at 4:31 pm A couple of dozen people gather on a busy downtown street with signs and bullhorns, and the question that bystanders and reporters alike want to ask is always the same: “What do you want to accomplish?” It was […]

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