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 December 15, 2017 Associated Press: Will U.S. Companies Put Overseas Cash to Work? Don’t Bet on It.
The left-leaning Institute on Taxation and Economic Policy notes that the lower one-time rate would amount to a corporate tax break worth $454 billion in the Senate bill and $458… -
media mention December 15, 2017 Politifact: Permanent tax cuts for the rich, eventually tax hikes for all middle-class families?
The net tax cuts going to the richest 1 percent increases from about 34 percent in 2019 to 47 percent in 2027 under the House bill, according to the Institute… -
media mention December 15, 2017 Boston Globe: What You Need to Know about the Most Recent Changes to the GOP Tax Bill
So when the standard deduction gets bigger, as it would under the Republican bill, itemizing will inevitably become more rare. Likely much more rare. Here in Massachusetts, the number of… -
media mention December 14, 2017 Los Angeles Times: Let the Games Begin
In the compromise most recently reached by House and Senate Republicans, taxpayers would be able to deduct up to $10,000 in state and local taxes, including property taxes. That’s an… -
media mention December 14, 2017 PBS: Working Long Hours Adds Hurdle for Undocumented Students
Currently, about 87 percent of the young people in the DACA program are employed, and America’s 1.3 million DACA-eligible youth, including those who haven’t enrolled, contribute an estimated $2 billion… -
media mention December 14, 2017 Reuters: Don’t Expect a Post-Card Size Tax Return
A key driver of this, according to independent analyzes, would be a proposed doubling of the standard deduction and a curtailment of the deduction for state and local tax payments.… -
media mention December 8, 2017 Boston Globe: Look our Wealthy Boston Suburbs, Here Comes the GOP Tax Bill
Most Massachusetts taxpayers would see their taxes go down in 2019, by an average of over $2,000. But a study by the left-leaning Institute on Taxation and Economic Policy predicts… -
media mention December 8, 2017 CNBC: This Chart Shows How the GOP Tax Plan Will Hit Your Wallet
To better show the impact of these factors, analysts at the Institute on Taxation and Economic Policy crunched the numbers and came up with an estimate of how individual households… -
media mention December 8, 2017 Salon: There’s a Reason Why “Corporate America” May Be a Stretch
So when taxes of “American” corporations are cut, foreign investors get a windfall. The Institute on Taxation and Economic Policy estimates that the Senate majority’s tax bill would give foreign… -
media mention December 8, 2017 New Republic: Tax Reform to Own the Libs
According to analysis from the Institute on Taxation and Economic Policy, New York, New Jersey, Maryland, and California would pay $17 billion more in taxes by 2027, while Texas and… -
media mention December 8, 2017 Mother Jones: Republican Plan Threatens School Funding to Pay for Corporate Tax Cuts
In New Jersey, 41 percent of taxpayers write off state and local taxes, averaging a $17,200 deduction. In Texas, 22 percent deduct an average of $7,600 apiece. Taxes and the cost of… -
media mention December 8, 2017 Politifact: Paul Ryan’s partially accurate claim that House tax bill saves typical Wisconsin household $2,000
The $2,081 savings figure is correct, according to experts at four think tanks we contacted: Amir El-Sibaie, an analyst at the Tax Foundation; Chuck Marr, director of federal tax policy… -
media mention December 8, 2017 Reuters: Millions Would Stop Bothering with Mortgage, Charity and Property Tax Deductions
Millions of households would no longer benefit from federal tax deductions for charity donations, mortgage interest payments and property tax under Republican tax plans being debated in the U.S. Congress,… -
media mention December 5, 2017 Inside Sources: GOP Tax Plan Is a Corporate Handout
Why are these corporate tax cuts considered “necessary,” when so many big corporations have been posting record profits and have an effective tax rate of less than 20 percent, or… -
media mention November 30, 2017 New York Times: Trump Says GOP Tax Bill Won’t Benefit Him. That’s Not True
Mr. Trump still has not released his tax returns, so it’s impossible to know to what extent he would personally benefit from the legislation. But there’s little doubt that he… -
media mention November 30, 2017 Wall Street Cheat Sheet: Ted Cruz Sure Loves the Top 1 Percent
Because he didn’t really elaborate, it’s hard to understand what Cruz was trying to say here. When Democrats say that the lionshare of the tax breaks in the Senate bill… -
media mention November 30, 2017 Quartz: The Republican tax plan takes aim at one of the biggest engines of US growth
As Los Angeles Times Jim Puzzanghera pointed out recently, California is already one of a handful of states that pays more to the federal government than it receives. The Republican… -
media mention November 29, 2017 KQED: UC Grad Students Join National Protest Against GOP Plans to Increase Their Taxes
Matt Gardner, a senior fellow at the Institute on Taxation and Economic Policy, said the decision not to tax waived tuition fees is in line with standard taxation principles. The… -
media mention November 28, 2017 The Atlantic: The Big Blue Losers in the GOP Tax Plan
Between the mortgage and SALT limits, the bills hit many upper-middle-class taxpayers, especially in blue states. The Institute on Taxation and Economic Policy calculates that by 2027 the Senate bill… -
media mention November 27, 2017 Minneapolis Star-Tribune: Luring corporate money from tax havens is a big unknown for reform proposals
U.S. companies booked 61 percent of foreign earnings in just 10 low-tax countries in 2014, according to the Institute on Taxation and Economic Policy (ITEP). In five of those countries… -
media mention November 25, 2017 San Francisco Chronicle: GOP tax bills could shield multinationals’ future overseas profits
Currently, the U.S. government taxes foreign earnings at the same 35 percent corporate rate charged on domestic profits, but only when the foreign earnings are returned to the United States.… -
media mention November 21, 2017 Bloomberg: Should the Upper Middle Class Take the Biggest Tax Hit?
And maybe they should. Higher taxes on the upper middle class make sense to some liberal tax experts—but only if the proceeds are used the right way, they said, for… -
media mention November 20, 2017 Washington Post: For Some GOP Women, the Ultimate Women’s Issue Right Now Is the GOP Tax Plan
However, according to the Institute on Taxation and Economic Policy, Alabama voters may be taking a bit of a risk by assuming that a vote for the GOP tax plan… -
media mention November 20, 2017 American Prospect: We Should All Be Sick and Tired of This Tax Debate
That’s because this “tax cut” is actually a tax increase for millions of Americans. According to the Joint Committee on Taxation, Congress’ official scorekeeper on tax issues, the Senate’s version… -
media mention November 18, 2017 Washington Post: Almost Third of Marylanders Are Set to Pay Higher Taxes
The Institute on Taxation and Economic Policy has determined that 30.5 percent of Marylanders would pay substantially higher taxes under the Republican plan. The capping of deductions for state and…