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 February 18, 2018 Concord Monitor: NH School Choice Bill Could Create a Tax Shelter for the Rich
Carl Davis, the research director at the Washington-based Institute on Taxation and Economic Policy, has written extensively about ETCs as tax shelters. Nationwide, about $1 billion in potential tax dollars… -
media mention February 16, 2018 Houston Chronicle: U.S. Economy Needs Immigrants to Grow
Half of unauthorized workers even file tax returns, according to the Institute on Taxation and Economic Policy. Many believe it will help them qualify some day for amnesty and legal… -
media mention February 15, 2018 The Augusta Chronicle: Georgia Governor Nathan Deal wants to slash state tax windfall
It is difficult to quantify how much the average taxpayer would be affected under current law. A middle income family in Georgia — making between $40,000 and $62,000 annually —… -
media mention February 13, 2018 CNBC: Trump’s Budget May Delay Future Tax Refunds
The president released his budget Monday for fiscal 2019, proposing $11.1 billion for the Internal Revenue Service, including $2.3 billion for tax filing and compliance applications and $110 million to… -
media mention February 7, 2018 Vice News: The Trump Tax Cut Isn’t Trickling Down to Workers
That all added up to a massive PR campaign on behalf of the cuts that elided all of the bill’s negative consequences, like the decision by Kleenex maker Kimberly-Clark to… -
media mention February 2, 2018 Dallas Morning News: Look out N.Y., L.A. and Chicago: The New Tax Law Makes Dallas even stronger
Most of the individual and family savings from tax reform are going to high earners. In Texas, three-quarters of the upside will be claimed by taxpayers earning over $106,000, according… -
media mention January 31, 2018 In These Times: Cities Scrambling to Attract Amazon Because It “Creates Jobs” Are Being Sold a Lie
Indeed, it’s far more likely that businesses make decisions on where to locate based on a talented workforce and top-quality infrastructure than their tax rate. The Institute on Taxation and… -
media mention January 31, 2018 Bloomberg BNA: States in Pickle Over Deductions for Federal Taxes
Iowa lawmakers attempted in vain to repeal the deduction last year, and Alabama has considered repeal efforts as a way of offsetting the revenue loss that would occur if the… -
media mention January 31, 2018 Newark Star-Ledger: GOP lawmakers shouldn’t skew our numbers to defend Trump’s tax cuts
Below is an excerpt of an op-ed by ITEP deputy director Meg Wiehe. It’s well known that the GOP tax law approved in a rush at the end of last… -
media mention January 30, 2018 HuffPost: Companies Are On A Cheap Charm Offensive For Trump’s Tax Bill
Meanwhile, Walmart, the nation’s largest private employer, announced it would spend an additional $700 million over the next two years on employee pay, thanks to the tax bill. That’s less… -
media mention January 28, 2018 Tulsa World: Legislative Action Preventing Federal Income Tax Change from Blowing a $375 Million Hole in State Budget
December’s federal income tax reform bill would have decreased Oklahoma’s state income tax revenue by $375 million had legislators not “decoupled” from the federal standard deduction last year, analysts say.… -
media mention January 25, 2018 Albany Times Union: Schumer Points to Layoffs to Counter GOP’s Rosy Tax-Law Forecast
In Schumer’s estimation, those with plenty of cash on hand will spend less of their tax windfall on bonuses and wages than on shareholder dividends and stock buybacks — which… -
media mention January 23, 2018 CBS News: Trump’s Economic Score: After Tax Cuts, Not too Much
The tax plan aims to pump $1.5 trillion worth of breaks into the nation’s economy over the next 10 years. Although the bulk of the benefits go to companies and… -
media mention January 23, 2018 Washington Examiner: New Tax Law Means Tax Hikes in Iowa Unless State Intervenes
he timing is auspicious because, for years, some conservatives in the state have resisted the idea of eliminating the deduction out of a fear that doing so would be a… -
media mention January 20, 2018 St. Louis Post-Dispatch: In Assessing the Fairness of Tax Cuts, Don’t Forget Income Inequality
The basic problem, the Post said, was McCaskill’s use of the phrase “in the long run.” Next year, according to the Institute on Taxation and Economic Policy, the vast majority… -
media mention January 18, 2018 NPR’s All Things Considered: More States Turning To Toll Roads To Raise Cash For Infrastructure
“I think the states over time have lost hope in the federal government enacting a real, long-term infrastructure package” says Carl Davis, research director for the non-partisan Institute on Taxation… -
media mention January 18, 2018 Fortune: States Are Trying to Fix the New Tax Law, But They May Make It Worse
Below is an excerpt of an op-ed that was published in Fortune by ITEP Senior Fellow Steve Wamhoff Two wrongs don’t make a right. But some state officials, incensed by… -
media mention January 18, 2018 New York Times: Apple, Capitalizing on New Tax Law, Plans to Bring Billions in Cash Back to U.S.
By shifting the money under the new terms, Apple has saved $43 billion in taxes, more than any other American company, according to the Institute on Taxation and Economic Policy,… -
media mention January 18, 2018 BBC: Apple to Pay $38 Billion on Foreign Cash Pile
Apple is to bring billions of dollars back to the US, and pay a $38bn tax bill as a result. We get analysis from Thomas Brennan, a law professor specialising… -
media mention January 17, 2018 City & State: Cuomo’s Tax Work Arounds Would Be Challenging
Steve Wamhoff, senior fellow for federal tax policy at the nonpartisan Institute on Taxation and Economic Policy, gave the example that if a person gave $100 to a public radio… -
media mention January 17, 2018 Albany Times-Union: States Release Plans to Shift from Income to Payroll Taxes
But the concept has sparked questions from both sides of the political spectrum. “You are making the state code increasingly complicated and for what?” said Steve Wamhoff, a senior tax… -
media mention January 14, 2018 Charleston Post-Courier: An Abuse of Charitable Giving?
Under the new law, some wealthy South Carolinians may actually make a 37 percent profit, risk-free, by making charitable contributions to Exceptional SC, a nonprofit fund created by the state Legislature to… -
media mention January 12, 2018 New York Times: Walmart’s Bumpy Day: From Wage Increase to Store Closings
Matt Gardner, a senior fellow at the Institute on Taxation and Economic Policy, a nonprofit research group, said it was difficult to forecast precisely how much Walmart would save. But… -
media mention January 12, 2018 Bloomberg: Trump’s SALT `War’ Revisited: Most Blue Staters Will Get Tax Cut
n blue New Jersey, for instance, the new law will raise taxes on about 285,000 filers earning between $79,890 and $336,620, with a typical hike of about $1,400, according to an… -
media mention January 12, 2018 New York Magazine: California, New Jersey, and New York Designing Workarounds to Blunt GOP Tax Bill Impact
In a memo released in 2011, the Internal Revenue Service gave its blessing for taxpayers to claim federal deductions on those gifts. The combination of a 100 percent state-tax credit…