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 January 29, 2019 Washington Post: Warren’s Push for a Wealth Tax Could Be a Game Changer
Many on the right are already lashing out at Warren’s proposal. (On Fox News, it was preposterously likened to Venezuelan socialism.) Others have argued that it would be unconstitutional, a… -
media mention January 28, 2019 The Hill: Warren Stakes out Ground with Wealth Tax Proposal
Steve Wamhoff, director of tax policy at the Institute on Taxation and Economic Policy, said middle-income Americans are essentially already taxed on their wealth because most of it is in… -
media mention January 28, 2019 Arizona Republic: Fact Check on Immigration
“It sounds extraordinarily high to me,” Meg Wiehe, deputy director at the nonpartisan Institute on Taxation and Economic Policy told NBC. Read more -
media mention January 28, 2019 Chicago Sun-Times: 47th Ward Candidate for Alderman
We need more progressive revenue sources to help address our pension obligations. Our state’s combination of a flat income tax, high sales taxes, and heavy local reliance on property taxes… -
media mention January 25, 2019 Bloomberg: Warren’s Tax Proposal Aims at Assets of Wealthiest Americans
Her plan would do more to relieve inequality than New York Democratic Representative Alexandria Ocasio-Cortez’s idea to raise the top income tax rate to 70 percent, according to Steve Wamhoff,… -
media mention January 25, 2019 Washington Post: Elizabeth Warren to Propose Wealth Tax
Estimates of how much money can be raised by taxing the very rich vary dramatically. The Institute on Taxation and Economic Policy, a left-leaning think tank, published a report on… -
media mention January 24, 2019 Wall Street Journal: Democrat Elizabeth Warren Proposes Wealth Tax
That is roughly 10 times the revenue that the current estate and gift taxes are projected to raise, but Ms. Warren’s “ultramillionaire-tax” proposal on the top 0.1% isn’t just about… -
media mention January 24, 2019 CNBC: Elizabeth Warren proposes ‘wealth tax’ on Americans with more than $50 million in assets
While the 1 percent of Americans with the highest incomes receive about 20 percent of the total income in the United States, the top 1 percent of wealth holders collectively… -
media mention January 24, 2019 New York Times: Warren’s Plan Is Latest Push by Democrats to Raise Taxes on the Rich
Ms. Warren appears to be the first declared Democratic candidate to release a plan for a wealth tax, but the idea is quickly gaining steam among liberal activists and policy… -
media mention January 24, 2019 Politico: Let’s Talk Wealth Tax
Steve Wamhoff at the Institute on Taxation and Economic Policy projects that a wealth tax could raise well over $1 trillion in a decade, and notes that wealth inequality far… -
media mention January 23, 2019 Bloomberg: Cannabis Excise Tax Revenue Could Eclipse Alcohol Revenue in 2019
Excise tax revenue from marijuana sales is expected to surpass alcohol excise collections in 2019, according to the co-author of a new report. Carl Davis, a research director at the… -
media mention January 23, 2019 Bloomberg: Economic Policy Group Makes Case for 1 Percent Wealth Tax
A 1 percent tax on taxpayers’ net worth over $32.2 million, starting in 2020, would raise $1.26 trillion over a decade, according to a new report from the Institute on… -
media mention January 23, 2019 Politico Morning Tax: The Broad View on Pot
There’s been plenty of coverage of states legalizing recreational marijuana and then overestimating how much revenue they’ll see. But a new report from the liberal Institute on Taxation and Economic… -
media mention January 19, 2019 Maui Now: Report: Hawaii Could Recover $38M Lost to Corporate Tax Loopholes
Reforms to end corporate tax loopholes in Hawai‘i could reduce lost tax revenue and bring in an additional $38 million to the state, according to a new report released on… -
media mention January 18, 2019 The Daily Chronicle: Senate Hears Testimony on Governor’s Proposed Capital Gains Tax
Last fall, a report from the Institute on Taxation and Economic Policy showed that the lowest 20 percent of earners pay almost 18 percent of family income in taxes, while… -
media mention January 18, 2019 Oregonian: Big corporations moving profits offshore costs Oregon $175 million a year: study
“Every dollar that we allow big corporations not to pay, someone else has to pick it up,” said Richard Phillips, a senior analyst with the Institute on Taxation and Economic… -
media mention January 14, 2019 Hartford Business Journal: Major policies opposed by businesses loom in Democrat-controlled legislature
When Rep. Josh Elliott (D-Hamden) calls Connecticut’s tax system regressive, it’s not just an opinion. The Democrat is citing a 2014 report by the state’s own tax department, that uses… -
media mention January 12, 2019 Oregonian: Profits Double, Tax Payments Fall at Nike, Attracting Attention of EU Regulators
By the end of 2017, Nike had $12.2 billion in permanently reinvested earnings. The company estimates that had it dispensed with the foreign strategy and kept that money in the… -
media mention January 11, 2019 Arkansas Democrat-Gazette: State Finance Official Says 200,000 Filers Would See Tax Increase in Plan’s Current Form; Governor Wants Fix
Rep. Lane Jean, R-Magnolia, said he started digging last month into a written analysis of the plan given by Lisa Christiansen Gee, senior policy analyst at the Institute on Taxation… -
media mention January 9, 2019 The Intellectualist: Study: Tax Cuts For The Top 1% Cost More Than Entire Food Stamp Program
According to estimates from the Institute on Taxation and Economic Policy, the richest 1 percent of households, those with incomes higher than $607,090, stand to receive a total tax cut… -
media mention January 8, 2019 The Root: Trump Goes on National TV to Talk about His Dumb Wall
His assertion that undocumented immigrants create a strain on our nation is basically refuted in a 2017 report from the Institute on Taxation and Economic Policy (pdf) which shows undocumented… -
media mention January 6, 2019 Alternet: It’s Not About National Security…the Insidious Truth Behind Trump’s Wall
Whether legal or illegal, all immigrants pay sales taxes and property taxes (the latter are factored into the cost of rental units for people who don’t own homes). And all… -
media mention January 3, 2019 The Progressive: States and Localities Move to Reverse Racist and Regressive Tax Policies
And a recent analysis of state and local tax systems by the Institute on Taxation and Economic Policy shows that, as a whole, state and local governments tax the poor… -
media mention January 3, 2019 Record Eagle (Mich.): Help Michigan’s Poor by Scrapping Gas Tax
ndeed, the Institute on Taxation and Economic Policy finds the Michigan tax code to be a matter of “soak the poor and middle class, spare the wealthy.” According to ITEP,… -
media mention January 3, 2019 Politics USA: Sen. Kamala Harris Immediately Introduces Middle Class Tax Cut Bill
The Institute on Taxation and Economic Policy estimates the LIFT Act would impact one in every two workers and two out of every three children in America. In addition, ITEP…