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 21, 2017 WJLA: Republicans Predict Voters Will Like Tax Bill Once They See Benefits
Matt Gardner, a senior fellow at the Institute on Taxation and Economic Policy, said it is important to look beyond the headlines to put these bonuses in context. An ITEP… -
media mention December 21, 2017 CNBC: Here’s How the Tax Bill Will Affect the Richest 1 Percent in All 50 States
On Wednesday, the House approved a sweeping overhaul of the nation’s tax code. President Donald Trump is expected to sign the legislation soon. As for how it will affect individuals,… -
media mention December 20, 2017 The Chicago Tribune: The GOP Tax Plan Has a Nasty Surprise for Parents with College-Age Kids
“I don’t think they gave it a lot of thought,” said Steve Wamhoff, senior fellow for federal tax policy at the Institute on Taxation and Economic Policy. Currently, all parents… -
media mention December 20, 2017 USA Today: The new tax plan will make Trump’s family richer, experts say. Here’s how.
“Usually when people sell property at a profit, that profit is considered income and taxed,” said Steve Wamhoff, senior fellow for federal tax policy at the nonpartisan Institute on Taxation… -
media mention December 20, 2017 The Hill: The most surprising winners from Trump’s ‘America First’ tax plan are not American
Following is an excerpt from an op-ed by ITEP Senior Fellow Matthew Gardner: When President Trump announced in his inauguration speech that he would pursue a policy of “America First,”… -
media mention December 20, 2017 Newsweek: Trump’s Huge Tax Cuts for the Rich Betray Working People
Following is an excerpt from an op-ed by ITEP Executive Director Alan Essig: The Institute on Taxation and Economic Policy (ITEP) analyzed the final House and Senate bill. Households in… -
media mention December 20, 2017 Between the Lines: Unpopular GOP Tax Code Revision Rewards Party Donors, Exacerbates Inequality
ALAN ESSIG: It’s basically a Christmas gift to the most profitable corporations and the wealthiest Americans. It is a bill that has been written for and geared towards – and… -
media mention December 19, 2017 CNBC: Tax Expert: Middle-Income Families an ‘Afterthought’
Tax expert: Middle-income families an ‘afterthought’ in GOP tax plan from CNBC. -
media mention December 19, 2017 Washington Post: The Tax Bill Is Worse Than Bad, It’s Corrupt
For most taxpayers who use the existing deduction, this doesn’t solve their problem. One estimate from the Institute on Taxation and Economic Policy found that 1.89 million Californians would still… -
media mention December 19, 2017 Bloomberg: These Are the Tricks States May Use to Get Around the SALT Deduction
Republican Senate and House negotiators in Washington agreed last week on a $10,000 cap on state and local tax deductions, or SALT. In high-tax states, that’s bad news. Personal taxes… -
media mention December 19, 2017 CNBC: Here’s How the Final GOP Tax Bill Would Hit Your Wallet
Your odds of being hit with a bigger bill depend on a number of provisions in the more than 500 pages of new rules. To better show the impact of… -
media mention December 19, 2017 New Republic: The Republican Tax Bill Is a Gift to the Washington Blob
Corker, who is already under federal investigation for alleged insider trading involving a real-estate firm, spent the weekend making a series of less-than-convincing statements justifying his switch. He first told… -
media mention December 19, 2017 International Business Times: Senator Orrin Hatch Says He Wrote Tax Provision At Center Of Corker Controversy
Experts familiar with the specific workings of how the tax break is formulated said that while there are some general similarities between the House bill and the conference report, Hatch… -
media mention December 19, 2017 BBC: Will Trumps Plan Trigger a Tax War?
To offset the revenue losses, the US is imposing a one-time tax on profits held abroad, levied at 15.5% for cash and 8% for illiquid assets. Depending on your perspective,… -
media mention December 19, 2017 CBS: Here’s a Surprising Winner in the Tax Bill
One of the biggest beneficiaries of the tax overhaul bill progressing through Congress might not seem obvious. But foreign investors stand to come out ahead. Although President Donald Trump seeks… -
media mention December 17, 2017 BBC: Will Trump’s Tax Plan Trigger a Tax War?
Depending on your perspective, the measure either captures tax that firms otherwise would have avoided, or provides companies with a major break on what they would have otherwise owed. “Allowing… -
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…