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 December 28, 2020 Bloomberg Tax: Taxing Tech Giants on Cash-Strapped States’ Agendas in New Year
The spate of proposals could mean higher tax bills for tech titans Amazon, Apple, Facebook, Google, Microsoft, and Netflix, in addition to the millions of consumers using their services. Agencies… -
media mention December 28, 2020 Feet to the Fire: Taxes in the Time of COVID
ITEP Executive Director Amy Hanauer joined Jim Lardner’s Feet to the Fire podcast to speak about how we can seize this moment to promote higher taxes on corporations and the… -
media mention December 22, 2020 Delaware Business Times: Congress Approves $900 Billion Stimulus
The stimulus, approved as part of a large end-of-year catchall package including traditional spending measures, also allocates $82 billion in support to school systems and higher education institutions, $10 billion… -
media mention December 21, 2020 Newsweek: Millions of Americans Who Missed Out on Stimulus Checks Will Qualify Under New Deal
Democrats, along with immigration groups, would have preferred to also include millions of ITIN immigrant taxpayers, who makeup a large portion of essential workers. The left-leaning Institute On Taxation and Economic Policy estimates that… -
media mention December 18, 2020 The American Prospect: Can Corporate Tax Incentives Revive a Pandemic Economy? New Jersey Thinks They Can.
“New Jersey has really been an exemplar this year in positive progressive tax policies, with their millionaire’s tax and extension of the Earned Income Tax Credit—which are really the best… -
media mention December 16, 2020 The American Prospect: The Day One Agenda for Corporate Taxes
Even without Congress, President-elect Biden’s regulatory agencies can fix a lot of problems with the corporate tax code. BY STEVE WAMHOFF, MATTHEW GARDNER The public has long told pollsters that… -
media mention December 10, 2020 Bloomberg: Musk Flees California. He Now Faces a Battle to Escape Its Taxes
Fear of rich people moving for tax reasons is overblown, says Carl Davis, research director at the left-leaning Institute on Taxation and Economic Policy, or ITEP. Studies show the wealthy… -
media mention December 9, 2020 Barrons: Elon Musk Shrugs at Tesla’s $5 Billion Stock Issuance. ‘It’s an Entry in a Database.’
Musk has another good reason for moving to Texas: taxes. His 170 million shares of Tesla are worth $110 billion. And he could pay billions of dollars if he were… -
media mention December 4, 2020 Newsweek: Will Republicans Show They Can Reach Across the Aisle on Tax Policy?
Following is an excerpt of an opinion piece by Steve Wamhoff published in Newsweek: During his campaign, President-elect Joe Biden talked about raising taxes on rich people more than any… -
media mention December 4, 2020 The New York Times: In Blue States and Red, Pandemic Upends Public Services and Jobs
Meg Wiehe, deputy executive director of the Institute on Taxation and Economic Policy, said Wyoming at least was dealing with the painful reality. “The bigger kind of cuts that will… -
media mention December 4, 2020 The Conversation: A better way for billionaires who want to make massive donations to benefit society
Aside from concerns that Amazon is anti-competitive, the U.S. government is investigating Amazon for labor violations. Its workers around the world are staging protests, and the company has retaliated by… -
media mention December 2, 2020 International Consortium of Investigative Journalists: Tax chemicals industry to help curb pollution internationally, experts propose
Past research has shown how some of the largest chemical producers such as the German giant BASF or the American company DuPont have used sophisticated tax planning strategies to avoid… -
media mention November 27, 2020 The Hill: Biden’s Treasury pick will have lengthy to-do list on taxes
Key to Yellen’s ability to help Biden implement his agenda on taxes will be the relationships she develops with lawmakers. Steve Wamhoff, director of federal tax policy at the left-leaning… -
media mention November 24, 2020 Motley Fool: One Big Change Kamala Harris Wants to Make to Increase Your Income by $500 a Month
According to the Institute on Taxation and Economic Policy, as many as half of all workers and two-thirds of children in the U.S. would benefit from the LIFT the Middle… -
media mention November 19, 2020 The Hill: Progressive tax reform should top Biden’s list of priorities
“President-elect Joe Biden won over 78 million votes, more than any presidential candidate has ever received, while unabashedly vowing to raise taxes on the wealthiest individuals and on corporations. Progressive tax reform should… -
media mention November 19, 2020 The Center Square: Louisiana Tax Holiday May Save Shoppers $4.5 Million, Though Some Question the Value
“The conservative Tax Foundation and the progressive-leaning Institute on Taxation and Economic Policy don’t agree on much when it comes to taxes,” the Louisiana Budget Project countered in comments posted Thursday. “But… -
media mention November 16, 2020 Marketplace: Could the success of ballot measures to legalize marijuana add pressure for federal legalization?
Carl Davis, research director at the Institute on Taxation and Economic Policy, studies states’ cannabis tax structures and he said one problem is that most states’ excise tax is based… -
media mention November 12, 2020 Yahoo! Finance: Most Americans are unlikely to see a tax hike under Biden’s presidency
If fully implemented, Biden’s tax plan would be a direct tax hike for just the top 1.9% of the U.S. population, according to research from the Institute on Taxation and… -
media mention November 12, 2020 Stateline: Budget Holes Loom After Voters Reject Some Tax Hikes
But Meg Wiehe, deputy executive director of the progressive Institute on Taxation and Economic Policy, said that is an oversimplification. She said wild speculation in opposition ads about what Illinois… -
media mention November 10, 2020 CNBC: Here’s What’s Ahead for President-elect Biden’s Tax Plan
Another idea that might stand a chance in a split Congress could be to properly fund the IRS so it can pursue larger targets, rather than going through the contentious… -
media mention November 7, 2020 Business Insider: Here’s how President-elect Joe Biden’s Corporate Tax Plan Will Impact Big Businesses
But even with an increased tax rate, big companies could still manage to pay $0 in federal taxes due to tax code loopholes and tax breaks. Under President Donald Trump, an… -
media mention November 6, 2020 New York Times: Arizona Passes a Ballot Measure to Raise Teacher Pay by Taxing the Wealthy
Prop. 208 passed with 52 percent of voters supporting the measure, The Associated Press reported late Thursday. Under Arizona’s rules for ballot measures, the tax increase needed a simple majority… -
media mention November 2, 2020 Washington Post: Fact-checking the ‘final arguments’ of Biden and Trump
This statistic on 91 companies comes via the left-leaning Institute on Taxation and Economic Policy (ITEP). In a 2019 report, ITEP concluded that 91 profitable companies in the Fortune 500… -
media mention November 2, 2020 Axios: The Wealthy Rush to Shield Their Assets From Biden
Driving the news: Biden says he wants to raise taxes on people who earn more than $400,000 a year — which excludes most Americans — and lower the amounts people can… -
media mention November 2, 2020 Jacobin: Donald Trump Lied About Passing Pro-Worker Industrial Policy
The Trump tax plan also literally gives corporations more incentives to move production to other countries. According to the Institute on Taxation and Economic Policy, Trump’s plan “taxes the offshore…