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].
-
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… -
media mention June 28, 2019 Bankrate.com: Six Key Takeaways from the First Round of Debates
Big technology companies such as Amazon have been hit with criticism in recent months, including after the Institute on Taxation and Economic Policy (ITEP) reported in February that the online… -
media mention June 28, 2019 ABC: Fact Checking Night Two of the First Democratic Debate
More recently, in February, an analysis of Amazon corporate filings by the Institute on Taxation and Economic Policy found that the company got a rebate of $129 million for tax… -
media mention June 28, 2019 Vox: Buttigieg and Biden Acknowledged an Important Truth about Undocumented Workers
That’s not true. Contrary to this persistent myth, undocumented immigrants do in fact pay taxes. Millions of undocumented immigrants file tax returns each year, and they are paying taxes for… -
media mention June 27, 2019 Washington Post: Democratic presidential candidates engage in ‘arms race to the left’ in first debate
On taxes, many of the candidates also emphasized their more left-leaning ideas to raise rates on corporations and make the tax system more progressive, while none touted plans to keep… -
media mention June 27, 2019 Axios: Correcting Halliburton’s Taxes
Matt Gardner, a senior fellow at the Institute on Taxation and Economic Policy, emailed this morning to say that I was reading the below section of the 10-K backward. Rather… -
media mention June 27, 2019 Washington Post: Amazon Was the Only Tech Company Called Out
Income inequality has emerged as one of the top issues for Democrats in 2020, and few examples illustrate the uneven playing field in the U.S. more aptly than profitable companies… -
media mention June 27, 2019 New House Bill Sponsored by Rep. Tlaib
Tlaib said in recent weeks that she was working on a bill that was like the EITC “on steroids.” The liberal Institute on Taxation and Economic Policy called the measure,… -
media mention June 26, 2019 The Hill: Tlaib Rolls Out Bill to Create Tax Credit for Low- and Middle-Class People
The House Ways and Means Committee passed a Democratic bill last week to provide expansions of the earned income tax credit, the child tax credit and the child and dependent… -
media mention June 24, 2019 The Hill: Dems Talk up Tax Credits to Counter Trump Tax Law
The left-leaning Institute on Taxation and Economic Policy (ITEP) released a report last month finding that the bulk of the benefits for many of Democrats’ tax-credit proposals would go to… -
media mention June 16, 2019 Fox Business: Ocasio-Cortez Criticizes Amazon’s Bezos for Paying Workers’ Starvation Wages’
Concerns were also triggered by the tax breaks and subsidies Amazon – one of the world’s most valuable companies by market cap – would be given for building its second… -
media mention June 15, 2019 International Business Times: Amazon News: What Joe Biden, Bernie Sanders Said About The Retail Giant On Taxes And Its New Credit Card
On Thursday, Biden posted on Twitter how Amazon pays a “lower tax rate than teachers and firefighters.” The New York Times in April noted how Amazon paid no taxes in 2018, citing a study from… -
media mention June 15, 2019 The Hill: You Should Care About the Dream Act
These beliefs are simply untrue. Dreamers, DACA (Deferred Action for Childhood Arrivals) recipients, and undocumented immigrants pay taxes including sales tax and local real estate tax. Many pay Medicare, state… -
media mention June 14, 2019 Vox, The Weeds: 5 Big Ideas to Use Tax Credits to Fight Poverty
Meg Wiehe from the Institute on Taxation and Economic Policy explains the leading progressive tax plans in Congress and how they differ from Trump’s tax cuts. Listen to the podcast -
media mention June 14, 2019 Wall Street Journal: Does Amazon Really Pay No Taxes?
“I’ll cheerfully acknowledge that [the current provision] is not what we want to really know, but it’s also the closest thing we’re ever going to see,” said Matt Gardner, senior… -
media mention June 14, 2019 The Hill: Biden Criticizes Amazon for Paying $0 in Corporate Taxes
A report from the Institute on Taxation and Economic Policy earlier this year found that 60 Fortune 500 companies, including Amazon, avoided paying any federal income taxes in 2018. Amazon, which had… -
media mention June 14, 2019 Newsweek: We Need to Reward Work
An April report from the Institute on Taxation and Economic Policy found that 60 companies on the Fortune 500 did not pay any income tax on $79 billion last year… -
media mention June 14, 2019 Geekwire:Amazon fires back at Joe Biden on Twitter over corporate taxes: ‘We pay every penny we owe’
A report from the Institute on Taxation and Economic Policy revealed that 60 companies on the Fortune 500 did not pay income tax and instead earned corporate tax rebates of… -
media mention June 14, 2019 CNBC: Joe Biden’s Twitter fight with Amazon perfectly sums up the battle over America’s new tax code
Biden’s tweet linked to a New York Times story that cited data from the left-leaning Institute on Taxation and Economic Policy on companies that earned billions of dollars last year… -
media mention June 13, 2019 KEYE TV: Colorado made $1B in marijuana tax revenue: What could this mean for federal legalization?
Tax experts explained that government revenue from cannabis is not a panacea for solving the country’s budget issues, but it could certainly help. According to a study by Carl Davis,… -
media mention June 12, 2019 Fox Business:Joe Biden slams Amazon for not paying federal taxes: You ‘should pay a few taxes’
By leveraging unspecified tax credits and stock-based compensation deductions, the company didn’t pay the 21 percent U.S. corporate tax. Instead, as first reported by the Institute on Taxation and Economic Policy, Amazon received a… -
media mention June 12, 2019 CNBC: Feds block tax breaks for donating to these charitable state funds
These programs range from conservation easements to private school tuition scholarships. “The private school organizations were asking for full-scale carveouts for themselves; they wanted to be exempt if the program… -
media mention June 10, 2019 Bloomberg: When an Eight-Figure IPO Windfall Can Mean a Zero-Digit Tax Bill
It’s supposed to help young companies attract capital. The congressional Joint Committee on Taxation says the provision costs the U.S. Treasury $1.3 billion a year. “There is no evidence that… -
media mention June 10, 2019 Commonwealth Magazine: Progressive Taxation, Let’s Do It Right
In spite of Article 44’s boundaries, the Commonwealth has effectively mitigated the flat tax for people at the lower end of the income scale by using exemptions and tax credits.… -
media mention June 4, 2019 FoxBusiness: U.S. Companies Paid $91 Billion Less in Taxes
Plus, in 2018, 60 of America’s biggest companies paid $0 in federal taxes Opens a New Window. , despite earning billions of dollars in profits. That includes Amazon, Netflix, General…