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].
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media mention March 12, 2022 Washington Post: Yes, voters ‘deserve to know’ this GOP plan would raise taxes by $1 trillion
The bean counters at the Urban-Brookings Tax Policy Center and the Institute on Taxation and Economic Policy ran the numbers on what ITEP called the “only possible interpretation of Sen.… -
media mention March 11, 2022 McClatchy: Would a gas tax break help drivers save that much money? Here’s what experts say
According to the American Petroleum Institute, the federal tax on gas is about 18 cents per gallon. National gas prices average about $4 per gallon as of March 11, according… -
media mention March 11, 2022 Bridge Michigan: Michigan GOP tax cut plan helps wealthy at expense of equity
Following is an excerpt from an opEd co-authored by ITEP policy analyst Neva Butkus in Bridge Michigan: At the beginning of 2022, the national Institute on Taxation and Economic Policy… -
media mention March 9, 2022 Truthout: GOP’s Tax Plan Would Raise Taxes by Over $1,000 Annually for Poorest Americans
In a report released on Monday, the Institute on Taxation and Economic Policy (ITEP) estimated that the poorest Americans would be the most affected by Scott’s plan — meaning that… -
media mention March 9, 2022 Pennsylvania Capital Star: GOP plan would be a tax hike for 35% of Pa. residents
The share of households facing tax hikes would vary across states, according to an analysis by the Institute on Taxation and Economic Policy, ranging from a low of about 24 percent… -
media mention March 9, 2022 Associated Press-Georgia: Tax cut sails through House; findings show big boost to rich
But an analysis by the liberal-leaning Georgia Budget & Policy Institute, using modeling by the Institute on Taxation and Economic Policy, shows that 62% of the benefits would go to… -
media mention March 2, 2022 CNN: Fact-checking Biden’s 2022 State of the Union address
Facts First: This needs context. Biden left out a significant word from the prepared text of his speech. The prepared text, which the White House emailed to journalists just before… -
media mention March 1, 2022 CBS News: Fact check: Joe Biden’s State of the Union address
President Biden: “Last year, 55 of the Fortune 500 companies earned $40 billion in profit and paid zero in federal taxes.” Fact check: True. This statistic comes from the Institute… -
media mention February 25, 2022 Politifact: States’ Pursuit of Top-Heavy Tax Cuts Is Disconnected from Reality
Steve Wamhoff, the director of federal tax policy at the Institute on Taxation and Economic Policy, said that group includes many retirees or people with disabilities who are collecting Social Security benefits,… -
media mention February 25, 2022 The Guardian: ‘A really bad deal’: Michigan awards GM $1bn in incentives for new electric cars
Meanwhile, GM has recorded $70bn in profits since 2010 while taking $8bn in subsidies in recent decades – more than all but one company nationwide. The idea that it needed incentives to… -
media mention February 18, 2022 Yahoo! Finance: Young workers may see $800 more in their tax refunds this year
Many young workers may get an extra $820 in their tax refund this year because of the expansion of a key poverty-fighting credit, a new analysis found. The expanded Earned… -
media mention February 17, 2022 American Prospect: The Year of the Tax Cut
State lawmakers are also pointing to substantial, but temporary, budget surpluses to justify tax cuts, but these surpluses are “deceptive and fleeting,” says Neva Butkus of the Institute on Taxation… -
media mention February 16, 2022 USA Today: New rules for 2021 taxes may mean bigger refund for young workers, retirees with side jobs
More than 1 in 3 young adults – or more than 5 million people – would benefit from this change in the earned income tax credit, seeing an average of benefit… -
media mention February 10, 2022 Democracy Now!: Alabama Amazon Workers Vote in 2nd Union Election as Amazon Dodges $5 Billion in Taxes
Meanwhile, a new report found Amazon was able to dodge over $5 billion in federal income taxes in 2021. Amazon reported record revenue of $35 billion last year but benefited… -
media mention February 10, 2022 CNBC: 1 in 3 young adults will see an average $800 tax credit boost this year
For the 37% of workers 19 to 24 who are now eligible to receive the credit, the expansion will mean an average boost of $820, according to a study from… -
media mention February 4, 2022 Newsweek: States’ Pursuit of Top-Heavy Tax Cuts Is Disconnected from Reality
The following is an excerpt of an opEd by Aidan Davis, ITEP senior policy analyst, and Neva Butkus, policy analyst, published on Feb. 4 in Newsweek: One report after another… -
media mention February 3, 2022 CBS News: Millions of low-income Americans eligible for tax refund boost this year
Meanwhile, the bigger credit comes at a welcome time for many Americans, as roaring inflation consumes most of low-wage workers’ pay gains. “While these folks without dependent children may not… -
media mention January 25, 2022 Northern Kentucky Tribune: General Assembly’s proposed ‘shift and shaft’ tax policy no way for Kentucky to prosper
If Kentucky were to cut its income tax rate to 4%, it would have to raise the sales tax rate from 6% to 7.4% to make up the lost revenue,… -
media mention January 24, 2022 Inequality.org: Two Sides, Same Coin: Suppressing Votes, Cutting Rich People’s Taxes
But those surpluses, points out Institute on Taxation and Economic Policy analyst Neva Butkus, reflect a set of special circumstances that range from billions in federal Covid aid to changes in tax-filing… -
media mention January 24, 2022 The Street: The Top Corporate Tax Havens and Global Tax Reform
According to the Institute on Taxation and Economic Policy: FedEx (FDX) – Get FedEx Corporation Report zeroed out its federal income tax on $1.2 billion of U.S. pretax income and… -
media mention January 20, 2022 Idaho Press-Tribune: Who gets rebates, tax cuts under House bill
Idaho’s corporate income tax rate is a single rate of 6.5%; the bill would lower it to 6%. Necochea called that “throwing money out of the state,” citing figures from… -
media mention January 20, 2022 Quad City Times: Record $600M Idaho tax cut clears House, heads to Senate
An analysis by the Institute on Taxation and Economic Policy, a nonprofit, nonpartisan tax policy organization based in Washington, D.C., found that the total tax benefits of the package for… -
media mention January 10, 2022 Exposed: Bradley and Koch Cash Fuels Push to Eliminate Wisconsin Income Tax
In addition, “sales taxes inevitably take a larger share of income from low- and middle-income families than from rich families because sales taxes are levied at a flat rate and… -
media mention January 3, 2022 CNN: We Can’t Afford to let Build Back Better Fail
The bill also has provisions to require corporations to pay their fair share of the nation’s tax bill. According to the Institute on Taxation and Economic Policy, 55 of the… -
media mention December 31, 2021 The Daily Beast: Joe Manchin Doomed the Child Tax Credit. Can States Save Kids Instead?
A 2019 report from the Institute on Taxation and Economic Policy suggested state-level CTCs are also a means for reducing “a myriad of inequities that are exacerbated by the tax…