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 July 25, 2019 Filter: Kamala Harris Cannabis Legalization Bill Is Also About Immigrant Justice
While some critics, like Carl Davis, the research director of the Institute on Taxation and Economic Policy, argue that Harris’s bill would just be a tax-cut for Big Marijuana, the… -
media mention July 25, 2019 Reno News Review: Another Portrait of Ripped-off Nevadans
But wait, there’s more bad news for Nevada. The New York Times editorialized last Sunday on the growing trend toward inequality caused by how state and local taxes are assessed.… -
media mention July 24, 2019 Politico: Taxing the Pot
So how might this actually be a tax cut? By removing marijuana from the controlled substance list, Harris and Nadler would also make legitimate businesses eligible to deduct routine business… -
media mention July 24, 2019 Anchorage Daily News: As Alaska’s Budget Uproar Rolls on, a Top Dunleavy Adviser Has Seen It Before
Arduin, Laffer & Moore has been criticized by economists for what some see as less than rigorous methods. One Oklahoma study on eliminating the state’s personal income tax produced by… -
media mention July 23, 2019 KCBS: Kamala Harris’ Pot Proposal Would Reduce Tax Revenue, Expert Predicts
Harris’ proposal would impose a 5% federal tax on pot to pay for new social justice program. Her legislation would also extend significant income tax deductions that have been unavailable to… -
media mention July 21, 2019 New York Times: State and Local Taxes Are Worsening Inequality
Low-income households in Illinois pay about 14 cents in state and local taxes from every dollar of income, while the state’s most affluent households pay about 7 cents per dollar.… -
media mention July 20, 2019 Washington Post: Trump Aides to Look for Big Spending Cuts in Second Term
… with 2018, with 60 Fortune 500 companies paying no federal taxes at all, according to a 2018 study by the Institute on Taxation and Economic Policy. Read more -
media mention July 19, 2019 New York Times: Back-to-School Sales Tax ‘Holidays’ Lure Shoppers Despite Slim Savings
But the tax holidays put a damper on state revenue and don’t necessarily deliver the business results they promise, said Dylan Grundman, a senior policy analyst at the Institute on… -
media mention July 19, 2019 Concord Monitor: Why won’t Sununu fight tax avoidance by multinational firms?
The estimated revenue loss to New Hampshire was $177 million in 2018, according to a Jan. 17 review by the Institute on Taxation and Economic Policy. The name of the… -
media mention July 19, 2019 Tampa Bay Times: Billions in Profits and No Income Tax Bill? That’s not Fair
Amazon made $10.8 billion last year and did not pay a penny in corporate income tax. In fact, it claimed a federal income tax rebate of $129 million. It’s not… -
media mention July 17, 2019 CNBC: Blue states file suit against IRS over rules on SALT workarounds
Whether the final rule will ultimately deter people from donating to these funds remains to be seen. “If you’re really passionate about private school vouchers in Georgia, you donate and… -
media mention July 15, 2019 Chicago Booth Review: Why Some Companies Don’t Maximize Tax Avoidance
This conundrum may come as a surprise to those who noticed that Amazon, Netflix, General Motors, and at least 57 other Fortune 500 companies didn’t pay a cent in US… -
media mention July 14, 2019 The Hill: 2020 Democrats Push Tax Hike on Wealthy Investors
Former President Obama proposed raising capital gains rates for high earners to 28 percent, still short of the top ordinary income tax rate. During the 2016 presidential campaign, Democratic nominee… -
media mention July 11, 2019 MarketWatch: Here’s What 2020 Democratic Candidates Have Said About Universal Basic Income
Harris’s proposal would cost more than $270 billion in 2020, according to an estimate by the Washington, D.C.-based Institute on Taxation and Economic Policy. Read more -
media mention July 7, 2019 Daily Progress: Opinion/Commentary: New IRS Rule Narrows Tax Loophole in Virginia
First, people and businesses making stock contributions, rather than cash, may still be able to profit from their donations through avoidance of capital gains taxes. A fix suggested by the… -
media mention July 6, 2019 The Washington Post: States Are Doing It. So Why Hasn’t Congress Increased the Federal Gas Tax?
All told, 31 of the 50 states have raised or reformed their motor fuel taxes during the past decade, according to the Institute on Taxation and Economic Policy. What’s more,… -
media mention July 5, 2019 Public News Service: Deadline Today for WA Initiative Requiring Voter Approval for Tax Increases
Taxes took center stage because of a finding that Washington has the most regressive tax code in the country. According to the Institute on Taxation and Economic Policy, people in… -
media mention July 5, 2019 CT Mirror: Gasoline Taxes Are on the Rise — Just not in CT
Twelve states ordered gasoline tax hikes that took effect this week, according to the nonprofit Institute on Taxation and Economic Policy (ITEP). While many policymakers say fuel levies are on… -
media mention July 3, 2019 Business Insider: Gas and Diesel Prices Rose at the Worst Possible Time for Drivers in the US and These States Are Being Affected Most
For some states, the gas tax increase has been long delayed. Some states have postponed this increase for several years due to the political challenges, Carl Davis, a research director… -
media mention July 2, 2019 Pacific Standard: Developers Aren’t Reporting How They’re Using Tax Incentives Meant for Low-Income Areas
Even for those who have tracked the bill closely, the reporting process remains opaque. “This bill was thrown together so incredibly quickly—there weren’t hearings on it, these types of questions… -
media mention July 2, 2019 The Wall Street Journal: From Gas Taxes to Vaping Rules, New State Laws Take Effect Across U.S.
Drivers in a number of states will now pay higher taxes on gas as part of a broader push to fund infrastructure improvements. In Illinois, the gas tax has doubled… -
media mention July 1, 2019 Bloomberg: Horse Racing Tax Credit Backers Not Deterred by House Setback
Matthew Gardner, a senior fellow at the Institute on Taxation and Economic Policy, said there are sensible reasons to ask whether these tax breaks are more generous than they should… -
media mention July 1, 2019 Nevada Business: Taxes and Nevada: The Give and Take
Many of those breaks and loop holes were left in place by the new policies, said Steve Wamhoff, director of federal tax policy at the Institute on Taxation and Economic… -
media mention July 1, 2019 Bloomberg: Gas Tax Hike Takes Effect in Five States This Month
All state gas taxes are tacked onto the federal government’s 18.4 cent-per-gallon levy, according to the Institute on Taxation and Economic Policy. Read more -
media mention June 28, 2019 CNN: Amazon’s Less-Than-Zero Tax Rate Is Unacceptable
So, what is Amazon’s tax rate? According to The Institute on Taxation and Economic Policy, it was at 11% from 2011 to 2016, which was apparently too much for owner…