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 August 20, 2019 Governing: High on Pot Taxes
But even with maximized revenue, pot taxes will likely only account for about 1 percent of overall state budgets, according to the Institute on Taxation and Economic Policy. The $266… -
media mention August 15, 2019 New York Times: Trump’s Policy Could Alter the Face of the American Immigrant
For example, an updated report released in March 2017 by the Institute on Taxation and Economic Policy found that undocumented immigrants alone contribute $11.74 billion each year in taxes, though… -
media mention August 14, 2019 Boston WCVB: Last Sales Tax Holiday Cost State up to $38M
The Institute on Taxation and Economic Policy said in a July report that the benefits from sales tax holidays are “minimal,” saying the benefits disproportionately benefit already-wealthy taxpayers and cost… -
media mention August 14, 2019 NewsDay: Green card policy is shortsighted
Meanwhile, the Institute on Taxation and Economic Policy, a nonpartisan watchdog organization, found in April that 60 top corporations not only paid no federal income tax for 2018, but received… -
media mention August 13, 2019 Forbes: Capital Gains Tax Tug-Of-War: Democratic Presidential Candidates, Trump’s Indexing, And IRS Forms
The concept of capital gains indexing has been around for a while, as shown in a report issued by the Congressional Budget Office back in 1990, when long-term capital gains… -
media mention August 12, 2019 Here and Now: The Impact of Company Tax Breaks on Cities
On this nationally syndicated radio program, ITEP research director Carl Davis describes why cities and states should reconsider doling out tax breaks to corporations in exchange for promised economic development… -
media mention August 12, 2019 Cleveland Scene: Despite Tax Cuts, Lower-Income Ohioans Likely Won’t See Savings Under Ohio’s New Budget
The budget eliminated the state’s bottom two tax brackets below about $21,000 a year, increased the state’s Earned Income Tax Credit and took other measures to put money in non-wealthy… -
media mention August 11, 2019 Columbus Dispatch: Make over $208,000 a Year? If Not, Ohio’s Tax Cut Won’t Help
In plain language, the rich get richer and the poor (and middle class) get poorer. In fact, only the most affluent 5% of Ohioans (those making more than $208,000 a… -
media mention August 9, 2019 Akron Beacon-Journal: Make the State Earned Income Tax Credit refundable
The analysis, conducted by the Institute on Taxation and Economic Policy, found a familiar outcome. The changes favor wealthier households, those at the top 5 percent of household incomes enjoying… -
media mention August 8, 2019 Associated Press: Oil Unease: Alaska Faces Tough Budget Decisions
Carl Davis, research director with the Washington, D.C.-based Institute on Taxation and Economic Policy, said cutting the dividend is regressive, hitting lower-income families particularly hard. He sees no conflict between… -
media mention August 1, 2019 CNN: Fact Check Democratic debate, night 2
Bennet: “Since 2001, we have cut $5 trillion worth of taxes. Almost all of it has gone to the wealthiest people in America.” THE FACTS: This is exaggerated. Bennet’s claim… -
media mention August 1, 2019 New York Times: Debate Fact Check: What Were They Talking About, and What Was True?
What Mr. Bennet said: “Since 2001, we have cut $5 trillion worth of taxes. Almost all of it has gone to the wealthiest people in America.” This is exaggerated. Mr.… -
media mention August 1, 2019 Wall Street Journal: Going Out of Style: Tax-Driven Deals to Move Corporate HQs Outside U.S.
Through mergers, companies such as Allergan, Mylan, Medtronic and Johnson Controls PLC moved tax addresses abroad. The companies were often managed from the U.S. “It was always a fiction that they… -
media mention August 1, 2019 NBC News: Fact-check: The July Democratic debate 2019, Night 2
Did ‘almost all’ of the tax cuts since 2001 go to the wealthiest Americans? “Since 2001, we have cut $5 trillion worth of taxes. Almost all of it has gone… -
media mention August 1, 2019 Time: Democrats Made Lots of Claims During the Second Debates. Here Are the Facts
Amazon paid $0 in federal income tax in the U.S. in 2018 after making over $11 billion in profits, according to an analysis by the Institute on Taxation and Economic… -
media mention July 31, 2019 CNN: Democratic Debate Night 1
According to an analysis by the Institute on Taxation and Economic Policy for the second year running, Amazon made a profit of more than $11 billion in 2018, but reported a $129 million tax… -
media mention July 31, 2019 New York Times: Trump Administration Is Divided Over Tax Cut for Investors
But critics argue that the administration could open the door to a variety of unintended consequences, including allowing investors to exploit the change. Steve Wamhoff, the director of federal tax… -
media mention July 31, 2019 Newsweek: Alexandria Ocasio-Cortez Reminds America Undocumented Immigrants Pay Taxes: ‘They Pay Your Kids’ Schooling’
While it is difficult to say exactly how much undocumented immigrants contribute in taxes today, a 2013 report from the Institute On Taxation and Economic Policy highlighted how “the 11.2… -
media mention July 31, 2019 Time: Democrats Made Lots of Claims During the Second Debate. Here Are the Facts
Amazon paid $0 in federal income tax in the U.S. in 2018 after making over $11 billion in profits, according to an analysis by the Institute on Taxation and Economic… -
media mention July 31, 2019 Washington Times: 2020 Democratic Candidates Put Trump’s Corporate Tax Rate Cut in Crosshairs
Steve Wamhoff, director of federal tax policy at the Institute on Taxation and Economic Policy, agreed that the rate alone isn’t enough. “If we raise the corporate income tax rate… -
media mention July 31, 2019 Orlando Sentinel: Florida’s Back-to-School Sales Tax Holiday – a Costly Gimmick
And an analyst with the Institute on Taxation and Economic Policy said one of the alleged benefits — that the tax holidays stimulate spending — is bogus. Why? Because if… -
media mention July 31, 2019 WPEC: Retailers Ready for Back-to-School Tax ‘Holiday’
But not everyone is sold on the value of sales-tax holidays. The Washington, D.C.-based Institute on Taxation and Economic Policy, a non-profit liberal think tank, calls such holidays an “outdated… -
media mention July 30, 2019 The Daytona Beach News-Journal: Sales Tax Holiday, Here’s What You Need To Know
The Washington, D.C.-based Institute on Taxation and Economic Policy, a non-profit liberal think tank, calls such holidays an “outdated gimmick.” Dylan Grundman, a senior policy analyst for the institute, argued… -
media mention July 28, 2019 Salt Lake Tribune: Treatment of Immigrants Is a Dark Stain on America
Immigrants contribute more in tax revenues than they receive in government benefits. Per the Institute on Taxation and Economic Policy, undocumented immigrants pay an estimated $11.6 billion annually in taxes,… -
media mention July 27, 2019 Chattanooga Times Free-Press: Yet Again, Tennessee Combined State, Local Sales Tax Rates Nation’s Highest
While the sales tax is the workhorse of Tennessee’s budget, it’s also seen by critics as a “regressive tax” in that it takes a larger percentage of income from the…