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 10, 2019 Crosscut: I’m Rich, I Should Pay More Taxes in Washington
But if you’re a working family, Washington is a different story. That’s because in Washington, our lowest-income families pay taxes that amount to a six times greater share of their… -
media mention April 9, 2019 The DC Line: By offsetting federal tax cuts locally, we can improve the quality of life for all DC residents
Misha Hill of the Institute on Taxation and Economic Policy (ITEP) has estimated that the top 20 percent income bracket of DC residents will receive almost $700 million in federal… -
media mention April 9, 2019 Fast Company: Soak the Rich but How?
“Right now, the personal income tax has all kinds of special breaks,” says Steve Wamhoff, the director of federal tax policy at the Institute on Taxation and Economic Policy, who… -
media mention April 6, 2019 Crain’s Detroit: Legal Pot v. Black Market
“When you have so many communities opting out, you could have less quantity being sold in the legal market,” said Carl Davis, research director for Washington D.C.-based Institute on Taxation… -
media mention April 4, 2019 CNBC: Why Amazon Paid No Federal Income Tax
In this CNBC video, Matthew Gardner, ITEP senior fellow, outlines how Amazon got away with paying no federal taxes for the last two years. https://www.cnbc.com/2019/04/03/why-amazon-paid-no-federal-income-tax.html -
media mention April 3, 2019 New York Times: A Man with a Plan for Inequality
Their largest holdings often include stocks. Which means that the lower tax rate on capital gains, combined with the deferral of taxing them, has enormous financial consequences, as Steve Wamhoff,… -
media mention April 3, 2019 CNBC: What the Wyden-Proposed Tax on Unrealized Capital Gains Might mean for You
Marking an asset to market means that you’re treating it as if you’ve sold it for fair market value at the end of the year, accounting for the gain or… -
media mention April 2, 2019 Bloomberg: Tax-the-Rich Fervor Builds in Statehouses After Trump’s Big Cut
The tax-the-rich proposals pending in states are “a reflection of a broader national trend towards recognizing what voters have felt for a long time — that high income individuals and… -
media mention April 2, 2019 Bloomberg: Key Democrat Revives Plan to Make Capital Gains Tax Due Annually
And Steve Wamhoff, the director of federal tax policy at the left-leaning Institute on Taxation and Economic Policy, said the bill “would certainly slow down the ability of billionaires to… -
media mention April 1, 2019 The Columbian: Do We Care that the Tax System Is Unfair?
While our state is a bastion of progressive politics and liberal activism (for better or worse), it also has the most regressive tax system in the country. In other words,… -
media mention March 28, 2019 The Daily Mail: The States Where Poor Pay Higher Taxes than the Rich
Poor Americans pay out a higher share of their income toward taxes than their wealthy counterparts in 45 states, according to a new report. However, rich Americans typically pay a… -
media mention March 26, 2019 Yahoo! Finance: What Are the World’s Best Tax Havens
Media reports on the Paradise Papers have subsided, but no one has forgotten the collection of 13.4 million leaked financial files taken from a combination of offshore service providers and… -
media mention March 22, 2019 NBC News: Factory Workers at GM See Layoffs, not Benefits, after Tax Cuts
Matt Gardner, a senior fellow with the Institute for Taxation and Economic Policy, a nonpartisan, liberal think tank, said GM’s announcement confirmed economists’ arguments regarding the tax cuts. “Corporations will… -
media mention March 18, 2019 The American Prospect: New Legislation Would Rein in Corporate Offshoring
One clue, at least on the international side, might be found in a report issued last year by the Institute on Taxation and Economic Policy (ITEP). In “Understanding and Fixing… -
media mention March 12, 2019 GQ: Local and State Taxes Are Making the Wealthy More Rich Now Too
According to a new report by the progressive think tank Institute on Taxation and Economic Policy (ITEP), as relayed in the Washington Post, state and local governments that are heavily… -
media mention March 12, 2019 New York Daily News: Four Ways to Make New York Taxes More Fair
But Cuomo hasn’t talked about the benefits of the Trump tax law for ultra-millionaires — the very richest New Yorkers, mainly in Manhattan. Trump and his GOP minions cut taxes… -
media mention March 12, 2019 KUOW: Why Washington Ranks as the Worst State for Poor Residents
Washington ranks as the worst state for low-income earners to live, and it’s notably worse than any other state. The Institute on Taxation and Economic Policy (ITEP) places Washington, Texas… -
media mention March 11, 2019 Crains Chicago: It’s Time to Tax Retirement Income, Illinois
On federal returns, income tax is paid on retirement resources that have not been previously taxed—defined-benefit pensions, 401(k)s, and traditional individual retirement accounts. Higher-income seniors also pay taxes on Social… -
media mention March 10, 2019 Philadelphia Inquirer: Why It’s Not as Simple as ‘New Jersey Is a High-Tax State’ or ‘Texas Is a Low-Tax State’
A recent study by the Institute on Taxation and Economic Policy analyzed the burdens of state and local taxes across the nation. The results were eye opening, though hardly surprising.… -
media mention March 7, 2019 Marketwatch: Trump’s Tax Cuts Are Punishing States that Voted for Clinton
MarketWatch looked at the calculations conducted by the Institute for Taxation and Economic Policy, an independent Washington, D.C. think-tank. Bottom line: States that voted for Trump will get 56% of… -
media mention March 6, 2019 The Columbus Dispatch: Ohio House Members Want Some Answers before Voting on DeWine’s Gas Tax Hike
According to the Institute on Taxation and Economic Policy, 27 states have raised their gas taxes since 2013, including every state adjacent to Ohio. The gas tax affects what people… -
media mention March 6, 2019 Washington Post: State and Local Tax Laws Are Making the Rich Richer
State and local taxes effectively redistribute national income from the poor to the very rich, according to data released this week by the Institute on Taxation and Economic Policy, a… -
media mention March 6, 2019 The Hill: Time Is Long Overdue for Congress to Address Marijuana Banking
According to tax data compiled by the Institute on Taxation and Economic Policy, tax revenues in 2018 derived from state-sanctioned recreational sales surpassed $1 billion — a 57 percent increase… -
media mention March 5, 2019 Law 360: Mich. Gov. Offers 45-Cent Gas Tax Hike For Urgent Road Fixes
Since 2013, 27 states have approved gas tax increases, according to an analysis from the Institute on Taxation and Economic Policy. Read more (subscription) -
media mention March 4, 2019 CBS News:Some of America’s Biggest Companies Paid Little to No Federal Income Tax in 2018
Its 10-K estimates its federal income tax liability at $-22.176 for 2018 — hence ITEP’s conclusion that it won’t pay the government any money for the year. “When I say…