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 jon@itep.org.
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media mention September 18, 2020 Chicago Tribune: Fair Tax or Hike?
And on Thursday, Yes for Fairness promoted a study from the Institute on Taxation and Economic Policy, a left-leaning think tank, that said it found the long term effects of… -
media mention September 15, 2020 Yahoo! Finance: Salt Cap Isn’t Scaring Away Blue State Millionaires
The $10,000 cap on state and local tax deductions imposed as part of the 2017 Republican tax law is not causing high-income taxpayers to flee high-tax blue states, according to… -
media mention September 15, 2020 The Colorado Sun: Amendment B puts spotlight on Gallagher’s mixed legacy of budget cuts, tax relief and inequality in Colorado
Notably, property taxes are regressive — though not as much as sales tax, according to the left-leaning Institute on Taxation and Economic Policy. Read more -
media mention September 14, 2020 Bloomberg: DeVos-Backed School-Choice Groups Hurt by SALT Rules Crackdown
Critics of state tax credits say the IRS workaround rules were a common-sense effort to address donors double-dipping on tax credits — essentially collecting state and federal tax benefits on… -
media mention September 8, 2020 Politico Morning Tax: They’re back, but stalemate continues
Carl Davis of the progressive Institute on Taxation and Economic Policy wrote a piece last week using new IRS data that specifically focused on the $10,000 cap on state and… -
media mention August 25, 2020 New York Times: Letter to the Editor
It’s not surprising that millionaire and billionaire donations to President Trump’s re-election campaign have tapered off. Yes, he promised — and provided — billions in tax cuts for the wealthiest.… -
media mention August 20, 2020 Bloomberg: Tax Code Inequities Fuel Call for IRS to Collect Race-Based Data
The structure of the Child Tax Credit, for instance, “leaves behind some of our lowest-income children of color,” because of the way the credit is phased in as earnings increase,… -
media mention August 20, 2020 Newark Star-Ledger: Nearly 100 economists wrote Gov. Murphy a letter. They said, we must raise taxes
According to analyses by the Institute on Taxation and Economic Policy and New Jersey Policy Perspective, modest adjustments to income tax rates on those earning $250,000 and more would raise… -
media mention August 20, 2020 New York Times: Apple reaches $2 trillion in value
Apple has increased its buybacks since it used the Trump administration’s 2017 tax law to bring back most of the $252 billion it had once held abroad. (The law saved… -
media mention August 20, 2020 Louisville Business First: Apple is worth $2 trillion, punctuating Big Tech’s grip
Subscription required. Read more -
media mention August 20, 2020 Miami Herald: If Florida Modernized Its Tax Code, It would bring Millions In Revenue
The Institute on Taxation and Economic Policy estimated that closing this loophole would bring in $477 million in revenue. Read more -
media mention August 20, 2020 Patriot News: How Much Has Your Life Improved in the Last Four Years?
How did you make out with the big Trump tax bill? According to the Institute on Taxation and Economic policy, they cut the corporate tax rate by fourteen percent. Most… -
media mention August 14, 2020 Fox Business: Will Joe Biden back Kamala Harris’ push for $2,000 monthly stimulus checks?
The cost of the $2,000 stimulus checks would dwarf any other proposal passed by Congress so far; according to one estimate from the Institute on Taxation and Economic Policy, the payments… -
media mention August 10, 2020 Politico Morning Tax: All about the payroll tax executive order
Experts say there would still be a slight hit to the Social Security trust fund if the payroll tax payments don’t end up getting excused. That would mean companies would… -
media mention August 9, 2020 Forbes: Six Reasons Not to Celebrate the Payroll Tax Cut
The amount of payroll tax deferred depends on how much one makes. Based on analysis by the Institute on Taxation and Economic Policy, the four month deferral would amount to $1,060 for… -
media mention August 4, 2020 The Center Square: Washington clearing backlogged unemployment claims as jobless residents set to see end to pandemic assistance
A 2018 study from the Institute on Taxation and Economic Policy further found Washington to have the most regressive tax system in the country. Washington workers in the bottom 20th percentile… -
media mention August 3, 2020 CNBC: How Trump could force a payroll tax holiday without waiting for Congress
The poorest 20% of people — those with income below $24,200 — would see their taxes fall by an average of $250, according to the Institute on Taxation and Economic… -
media mention August 2, 2020 The Hill: Stimulus checks debate now focuses on size, eligibility
An analysis from the left-leaning Institute on Taxation and Economic Policy (ITEP) found that the HEROES Act would provide more assistance to low- and moderate-income families than the HEALS Act… -
media mention August 2, 2020 The Globalist: Economic shame haunts hard-working Americans. They ask themselves why they can’t do as well as their parents.
The second root cause is tax holidays for unearned income — i.e., income on wealth that was earned some other time, some other place, and usually by somebody else. The… -
media mention August 1, 2020 CNBC: Receiving unemployment payments? Why tax season might cost you next year
Unemployment benefits aren’t considered earned income. “When you calculate your 2020 earned income tax credit, if your 2019 earned income tax credit would’ve been larger, you’d have the option to… -
media mention July 31, 2020 Newsweek: Tax-Paying Undocumented Immigrants Should Get Stimulus Checks, Democrats Tell McConnell
Their provision would benefit roughly 7.8 million people—4.3 million adults and 3.5 million children—according to the left-leaning Institute on Taxation and Economic Policy. Roughly 4.4 million undocumented immigrants who are… -
media mention July 29, 2020 Bloomberg: States Eye Anti-Poverty Tax Credit to Ease Covid Impact
The various state programs differ widely with the key distinction being refundability. Twenty-three of the 29 EITC states have made their credits refundable—widely considered an important check against regressivity. “Almost… -
media mention July 27, 2020 Politico Morning Tax: Another View
Meg Wiehe of the liberal Institute on Taxation and Economic Policy noted that most states, with just a couple of exceptions, have budgets lined up for fiscal 2021 — but… -
media mention July 26, 2020 Forbes: Rubio Renews Stimulus Check Eligibility Push; 1.7 Million U.S. Citizens Currently Excluded
The 1.7 million American citizens is only a subset of individuals excluded from receiving stimulus checks. The CARES Act had excluded undocumented immigrants, who do not have a Social Security… -
media mention July 24, 2020 Motley Fool: 3 Reasons Why Trump’s Payroll Tax Cut Won’t Be in the Senate’s Coronavirus Stimulus Bill
With a complete payroll tax cut — meaning, no Social Security or Medicare taxes taken out of paychecks at all — 64% of the benefit would be reaped by the…