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 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… -
media mention June 4, 2019 Washington Post: Why the U.S. Economy Is Worse than It Seems
Even more remarkably, the top 1 percent of households now hold 31 percent of the nation’s wealth (assets minus liabilities), or $30 trillion, while the entire bottom half of the… -
media mention June 1, 2019 Washington Post: The Trump Tax Cuts Are Failing Badly
Giving companies more incentive to invest, then, won’t do much if they don’t have a reason to invest in the first place — which they haven’t recently. This raises the… -
media mention May 31, 2019 Newark Star-Ledger: Will This Tax Plan Boost Booker’s Campaign?
In New Jersey, almost three-quarters of the benefits, 74 percent, would flow to the poorest 40 percent of taxpayers, according to the Institute on Taxation and Economic Policy, a progressive… -
media mention May 31, 2019 Yahoo! Finance: Corporations Paid $91 Billion Less in Taxes in 2018 under Trump’s Tax Law
“There are a lot of breaks and loopholes that allow a company not to pay,” said Steve Wamhoff, director of federal tax policy at the Institute on Taxation and Economic… -
media mention May 30, 2019 The Tennessean: Our Tax System Is Immoral and Unfair to the Middle Class | Opinion
Recently, the Institute on Taxation and Economic Policy shared an analysis of Fortune 500 companies that finds at least 60 of the nation’s biggest corporations didn’t pay one cent in… -
media mention May 28, 2019 Winston Salem-Journal: Five Basic Truths About the State Budget
The budget is unfair and unjust: North Carolina has always relied upon a regressive tax structure that takes more from the incomes of the poor and middle-class than from the… -
media mention May 25, 2019 The Columbus Dispatch: Business Groups Pushing to Save Tax Breaks for Richest Ohioans
Policy Matters says the analysis, completed by the Institute on Taxation and Economic Policy, found that virtually all of the Ohio tax filers who would pay more under the overall… -
media mention May 24, 2019 Akron Beacon Journal: A $1 Billion State Tax Break Still Worth Shrinking
What does the House propose? It would reduce the exemption to the first $100,000 in “pass through” income and wipe out the special 3 percent tax rate. That would save… -
media mention May 23, 2019 New Hampshire Business Review: Some NH Firms Paid Little or No Tax in 2018
Those companies are hardly unique. “Not a Dime,” a recent study by the Institute on Taxation and Economic Policy (ITEP), found that at least 60 of the Fortune 500 companies…