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 April 15, 2019 WBUR On Point: When The IRS Is Gutted, It’s Low-Income Americans Who Are Hit Hardest
“At least 60 companies reported that their 2018 federal tax rates amounted to effectively zero, or even less than zero, on income earned on U.S. operations, according to an analysis… -
media mention April 15, 2019 Bloomberg: Big Tech’s Big Tax Ruse: Industry Splurges on Buybacks
Spending on research and development climbed slightly. Capital expenditures rose because Alphabet Inc. and Facebook Inc. almost doubled spending in that category. Apple Inc. and its partners have yet to… -
media mention April 15, 2019 Money: Happy Tax Day: Here Are 60 Giant Corporations That Paid Less in Taxes Than You Did
Tax Day 2019 is here! Monday, April 15, is when taxes are due, so you are probably keenly aware of how much you pay in taxes right now. It may… -
media mention April 15, 2019 Yahoo! Finance: 9 Popular Companies that Paid $0 in Taxes for 2018
A new report reveals that some American companies didn’t just pay no taxes last year — they paid negative taxes. The report by D.C.-based think tank Institute on Taxation and Economic Policy (ITEP) looked… -
media mention April 15, 2019 San Jose Mercury News: Which Bay Area Companies Didn’t Pay Federal Income Tax in 2018?
Corporations — they’re just like us. They, too, have to file income taxes every year. But unlike most of us, they have teams of accountants who can minimize their tax… -
media mention April 15, 2019 Salt Lake Tribune: It’s Tax Day. If you’ve procrastinated, there are some things you should know
A recent report by the Institute on Taxation and Economic Policy says low- and middle-income Utahns pay an overall effective tax rate that is higher than the rate paid by… -
media mention April 15, 2019 Minnesota Public Radio: Are Minnesotans Happy with President Trump’s Tax Cuts?
Carl Davis, ITEP’s research director, participated in this half-hour segment on how the public feels about the 2017 Trump-GOP tax cuts. Listen here or get more info here: https://www.mprnews.org/listen?name=/minnesota/podcasts/kerri-miller/2019/04/15tax_day_20190415_64.mp3 -
media mention April 14, 2019 Hill Reporter: Corporations Getting Hundreds Of Millions In Tax Rebates, Thanks Mainly To Trump
At least 60 companies reportedly owed nothing on their federal taxes for the year 2018, according to research compiled by the Institute on Taxation and Economic Policy. That number is… -
media mention April 14, 2019 Connecticut Post: Pot Tax Rate Key to Driving Down Illegal Market in Conn.
But potency-based taxation requires good laboratories and technology to accurately test THC levels, said Uetake who teaches marketing at Yale’s School of Management. “Reliability and replicability of testing remain problematic,”… -
media mention April 13, 2019 The Intercept: Don’t Fall for the Right’s Favorite Lie About Taxes
So what does the overall U.S. tax system look like when you take all of this into account? The Institute on Taxation and Economic Policy, or ITEP, a progressive Washington,… -
media mention April 12, 2019 CBS News: 60 of America’s Biggest Companies Paid no Federal Income Tax in 2018
Big companies have long relied on strategies to reduce their tax bills. But the new tax law is making it even easier, with a new analysis finding that 60 profitable… -
media mention April 12, 2019 New York Times: Let Undocumented Immigrants Drive
There are an estimated 725,000 undocumented immigrants in New York State, making up more than 5 percent of the labor force in 2016, according to the Pew Research Center. They… -
media mention April 12, 2019 Virginia Business Magazine: Dominion, PFG, Gannett paid no federal income taxes in 2018
Some of Virginia’s biggest companies did not pay any federal income tax this year, according to a new report from a nonpartisan think tank. Dominion Energy, Performance Food Group and… -
media mention April 12, 2019 Sacramento Observer: California Must Champion the Working Class
Aside from major expenses, such as the skyrocketing cost of housing, exacerbating the problem is California’s high regressive taxes, such as those on sales and gasoline. Lower-income workers pay a… -
media mention April 12, 2019 Think Progress: Trump Tax ‘Cut’ Actually Increased Taxes for 10 Million American Families, Report Finds
The Center for American Progress released its calculations on Friday, based on data from the non-partisan Institute on Taxation and Economic Policy. It found that 10,260,263 American families saw a… -
media mention April 12, 2019 Paste Magazine: Meet the 60 Giant Corporations Who Didn’t Pay a Dime in Federal Taxes Under Trump’s Plan
As someone who just came face-to-face with his 2018 tax bill this very morning, and whose hands have stopped shaking just enough to accurately pound the keys on this keyboard,… -
media mention April 12, 2019 Yahoo! Finance: Not Just Amazon: 60 Big Companies Paid $0 in Taxes under Trump Law
Big businesses are faring better than ever under the Trump era tax law, the Tax Cuts and Jobs Act (TCJA). According to analysis from the Institute on Taxation and Economic Policy (ITEP),… -
media mention April 12, 2019 Washington Post: Elizabeth Warren Wants to Make It Simpler to File Taxes
Under current law, corporations can report large sums of annual profit to Wall Street and investors, while still using loopholes to pay no taxes to the feds. According to a… -
media mention April 12, 2019 Alternet: Twice as Many Companies to Pay Zero Taxes for 2018 Due to Trump’s Tax Gift to the Rich and Powerful
You may owe taxes on your salary over the last year, but many Fortune 500 companies won’t pay squat on billions in profits, according to an analysis by the Institute on… -
media mention April 12, 2019 The Fiscal Times: More Big Companies Paying Zero Taxes
Sen. Warren’s corporate tax proposal came the same day as a new report from the Institute on Taxation and Economic Policy that says at least 60 large U.S. companies paid… -
media mention April 12, 2019 Investor’s Business Daily: Amazon And Walmart Have A Titans’ Spat Over Minimum Wage, Taxes
The story cited a report from the Institute on Taxation and Economic Policy that Amazon will pay nothing in federal income taxes for the second year in a row. Read more -
media mention April 12, 2019 TPM: Warren Unveils Plan for $1 Trillion in Taxes on Corporations
Warren’s plan is aimed at large corporations — ones that have generally paid lower tax rates than smaller companies in recent years. The GOP tax cut law nearly doubled the… -
media mention April 12, 2019 The Intercept: Elizabeth Warren Has a Novel Idea
Under President Donald Trump’s tax overhaul, the Tax Cuts and Jobs Act, the corporate tax rate dropped from 35 percent to 21 percent, making it easier for companies to avoid… -
media mention April 12, 2019 Huffington Post: 60 Top Corporations Paid $0 Federal Taxes Under Trump Tax Law
President Donald Trump’s new tax law aided corporations so radically that twice as many companies paid no federal taxes whatsoever in 2018, despite billions of dollars in profit, according to a… -
media mention April 12, 2019 Daily Mail: The Number of U.S. Companies Paying Zero Federal taxes DOUBLED when Trump’s Tax Plan Took Effect in 2018
The change cut the tax rate from 35 percent to 21 percent and allowed companies to take advantage of deductions, tax credits and rebates. That change alone is projected to…