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 June 30, 2020 Nonprofit Quarterly: The $370 Billion Fiscal Cliff: Why State Budgets Need Our Attention
A 2018 study released by the nonprofit Institute on Taxation and Economic Policy finds that the poorest fifth spend on average 11.4 percent of their income on state and local… -
media mention June 30, 2020 Law 360: Biz Tax Credit Proposals Would Aid Wealthy, Report Says
Republican proposals to make business tax credits refundable to mitigate the economic downturn caused by the novel coronavirus pandemic would provide unnecessary tax breaks to high-income people, the Institute on… -
media mention June 30, 2020 POLITICO Morning Tax: Welcome, commissioner
FOOT OFF THE ACCELERATOR, PLEASE: The Institute on Taxation and Economic Policy’s Matthew Gardner and Steve Wamhoff maintain in a new paper that the proposals to allow companies to cash out… -
media mention June 23, 2020 The Fiscal Times: A ‘Wacky’ Tax Credit Idea: $4,000 for Vacation
Matthew Gardner, a senior fellow at the Institute on Taxation and Economic Policy, says that the loose requirements in the bill mean “that any car owner with an ounce of… -
media mention June 22, 2020 The Dallas Morning News: DACA Texans Are Essential to our COVID-19 Response and Economic Future
In total, Texas is home to more than 107,000 DACA recipients, according to U.S. Citizenship and Immigration Services. Those DACA recipients pay $244.5 million annually in state and local taxes,… -
media mention June 21, 2020 Sentinel & Enterprise: It’s Been a Year Without Equal
Instead, the last real action on the fiscal 2021 budget came in January when Baker rolled out a $44.6 billion spending plan that would have its underlying assumptions wiped away… -
media mention June 18, 2020 CNN: This Is Who’s Affected by the Supreme Court Decision on DACA
According to a 2018 report from the Institute on Taxation and Economic Policy, the young undocumented immigrants who are enrolled in DACA and those who would be eligible for the… -
media mention June 14, 2020 Crain’s New York Business: Legalizing Marijuana Can’t Cure Inequality, But It Will Ease Budget Crisis
My methodology is informed by the work of Carl Davis, research director at the Institute on Taxation and Economic Policy, who recently published a thoughtful blog post on per-capita cannabis excise tax… -
media mention June 5, 2020 POLITICO: States Move Cautiously in Contending With Huge Budget Gaps
“This crisis is still in its very early stages,” said Carl Davis of the Institute on Taxation and Economic Policy. Davis noted that the last recession began in December 2007,… -
media mention June 2, 2020 Minneapolis Star Tribune: Minnesota Companies Cashing in on CARES Act Business Tax Breaks
Other taxation watchdogs call it a windfall, and one that disproportionately benefits large companies with volatile earnings, not the neighborhood auto shop or hair salon whose business vanished in the… -
media mention May 30, 2020 Salon.com: About 75% of Trump’s Proposed Coronavirus Capital Gains Tax Cut Would Go to the Top 1% of Earners
Steve Wamhoff, the director of federal tax policy at the liberal-leaning Institute on Taxation and Economic Policy (ITEP), argued that “proponents of capital gains tax breaks have always offered a… -
media mention May 26, 2020 USA Today: Biden wants Amazon to ‘start paying their taxes’
Amazon’s position is that it pays what it owes according to the tax code. A recent analysis by the liberal-leaning Institute on Taxation and Economic Policy said that, despite reporting $29 billion of… -
media mention May 26, 2020 Politico Morning Tax: The Related Note
It’s not the first time Biden has called out Amazon on taxes, nor was it the first time the company fired back. “We pay every cent owed,” Amazon tweeted. “Assume… -
media mention May 24, 2020 Tampa Bay Times: They Pay Taxes, But There’s No Stimulus Money for Them
In Florida, passing the HEROES Act and extending the CARES Act retroactively would help an additional 277,240 people — those living in households where at least one member uses a… -
media mention May 22, 2020 Courier Post: NJ should provide COVID-19 aid to undocumented immigrants who pay income tax
About 475,000 immigrants without legal status live in New Jersey, according to 2018 figures by the Pew Research Center. Workers who do not have legal status pay more than $11.7 billion in state… -
media mention May 22, 2020 Orlando Sentinel: Is Wall Street Journal right? Is Florida “well-managed?” It depends
New York’s tax burdens are relatively even. The effective rate for New York’s poorest is 11.4 percent, compared to 11.3 for the top one percent and 12.4 for the middle.… -
media mention May 22, 2020 Yahoo Finance: Biden Hits Amazon on Taxes, Which May Benefit From the Coronavirus Outbreak
While the numbers prove its savviness for capitalizing on advantages under the U.S. Tax Code, newly available deductions under the CARES Act make tax savings even more accessible. And with… -
media mention May 21, 2020 Bloomberg:Energy Companies Reap Tax Breaks As They Brace For Virus Impact
But what makes oil and gas companies especially poised to take advantage of this provision is the cyclical nature of the commodity they produce and transport. “It’s not at all… -
media mention May 21, 2020 Orange County Register: Tax hike on vaping is the wrong priority at the wrong time
Compounding all of these problems is that the vaping tax hike would have the largest impact on those who can least afford it. The Institute on Taxation and Economic Policy… -
media mention May 20, 2020 Los Angeles Times:Stop discriminating financially against taxpayers without Social Security numbers
All told, the Institute on Taxation and Economic Policy estimated that 4.3 million adults and 3.5 million children were disqualified from the stimulus program. Read more -
media mention May 19, 2020 Orlando Sentinel: Make corporations – not teachers – pay up
In fact, the Institute on Taxation and Economic Policy found that Florida families that make less than $50,000 spend 8-12% of their annual income on local and state taxes while families… -
media mention May 19, 2020 Bloomberg: California Setting Rules for Finding Pot’s Napa Valley
The state also has a vested interest in protecting pot’s reputation. California cannabis, both recreational and medicinal, generated $395.4 million in taxes in 2018 and $629.2 million in 2019, the… -
media mention May 18, 2020 Yahoo! Finance: Coronavirus stimulus checks: Here’s what a second round could look like
The new bill will provide payments worth nearly $600 billion, with the average payout of more than $3,000 to families in all but the highest income levels, according to The… -
media mention May 18, 2020 Politifact:House coronavirus bill would aid immigrants, relatives cut out of previous aid package
The left-leaning Institute on Taxation and Economic Policy, using IRS data, estimated that this provision would benefit more than 4.3 million adults and 3.5 million children in households of ITIN… -
media mention May 18, 2020 Michigan Live:If second round of stimulus payments is approved, how much could you get?
Additionally, the bill as currently written would make those people retroactively eligible to receive the initial stimulus payment under the CARES Act. The Institute On Taxation and Economic Policy estimates…