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 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… -
media mention November 18, 2017 The Guardian: Drug Traffickers Taught the Rich How to Hide Money in Tax Havens
A study by the Institute on Taxation and Economic Policy published this year shows that 366 of the 500 American companies with the highest revenue (those that are part of… -
media mention November 17, 2017 Washington Post: The GOP Tax Plan Is Moving Forward. It’s a Big Scam on Trump’s Base
While this JCT document doesn’t say exactly how many people will see their taxes rise, other analyses give us a hint. For instance, the Institute on Taxation and Economic Policy… -
media mention November 17, 2017 Associated Press: Derided by Critics, Trickle-Down Economics Gets Another Try
In the view of Carl Davis, research director at the left-leaning Institute on Taxation and Economic Policy, the track record for supply-side economics “is not particularly inspiring.” In 1981, in… -
media mention November 17, 2017 New York Times: Confused by Tax Bills?
Compared with current law, the House bill, which was passed Thursday, would raise personal federal income taxes on California, New Jersey, New York and Maryland residents by $16.7 billion in… -
media mention November 17, 2017 San Francisco Chronicle: Tax Reform–Look out Californians
Another point to consider: The corporate tax cuts are permanent, while the individual tax cuts are not. Nationwide, only one income group — individuals making $20,000 to $30,000 — would… -
media mention November 16, 2017 New York Times: Billionaires Desperately Need Our Help
Now it’s fair to complain that the tax plan over all doesn’t give needy billionaires quite as much as they deserve. For example, the top 1 percent receive only a… -
media mention November 16, 2017 The Washington Post (Morning Plum): Tax Plan Favors Trump States
The House GOP tax plan nixes most state and local deductions, hitting higher-taxed states harder. Jim Tankersley reports on a new analysis by Carl Davis of the Institute on Taxation… -
media mention November 16, 2017 New York Times: Republican Tax Plan Puts Corporations over People
The plans also differ on their treatment of state and local tax deductions. The Senate would kill them entirely. The House would maintain them only for property taxes and cap… -
media mention November 16, 2017 Vox: Republicans Are Weaponizing the Tax Code
The Republican tax plan supercharges these changes. To a striking degree, the changes are about benefiting not just the well-off but those who are well-off because they own capital, as…