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 March 13, 2017 Investopedia: How Fortune 500 Companies Avoid Paying Income Tax
The Institute on Taxation and Economic Policy (ITEP), in a recent study, found that over the eight-year period from 2008 to 2015, 258 profitable Fortune 500 companies paid an average… -
media mention March 13, 2017 CNBC: Business taxes may sound high, but these companies pay a lot less
The U.S. corporate tax rate may be 35 percent, but most companies end up paying far less after accounting for specific tax breaks. Some, like utilities, gas and electric companies,… -
media mention March 13, 2017 CNBC: Tax policy expert: The 35% corporate rate is a myth, so cutting it won’t bring overseas money back
Don’t expect big companies to bring profits back from overseas in response to a U.S. corporate tax cut, said Matthew Gardner of the Institute on Taxation and Economic Policy. The… -
media mention March 9, 2017 The 35 Percent Corporate Tax Rate Is a Myth for Many Profitable Companies
258 Fortune 500 Companies Were Consistently Profitable Over an 18-Year Period and Paid a 21.2 Percent Average Effective Tax Rate A comprehensive, eight-year study of profitable Fortune 500 corporations finds… -
media mention March 9, 2017 New York Times: U.S. Corporate Taxes Explained
This New York Times Facebook video features ITEP Senior Fellow Matthew Gardner explaining how profitable Fortune 500 companies exploit loopholes in the tax system to avoid paying the statutory corporate… -
media mention March 9, 2017 Palm Beach Post: FPL’s NextEra Energy paid no income taxes during six of eight years
he study, The 35 Percent Corporate Tax Myth conducted by the left-leaning Institute on Taxation and Economic Policy in Washington, D.C., examined eight years of data on federal income taxes… -
media mention March 9, 2017 The Street: Corporate Tax Cuts Could Add 15% to S&P 500
A new study from the Institute on Taxation and Economic Policy (ITEP) found that 258 consistently-profitable Fortune 500 companies paid an effective federal income tax rate of 21.2% over an… -
media mention March 9, 2017 New York Times: Profitable Companies, No Taxes: Here’s How They Did It
Although the top corporate rate is 35 percent, hardly any company actually pays that. The report, by the Institute on Taxation and Economic Policy, a left-leaning research group in Washington,… -
media mention March 9, 2017 Public News Service: Study Shows Undocumented Immigrants Benefit NY
Unauthorized immigrants are about 5 percent of the labor force in the state, are responsible for 3 percent of the state’s economic output and pay more than $1 billion a… -
media mention March 9, 2017 Vice News: Deporting undocumented immigrants could lose states $11 billion in taxes, study finds
Just because an immigrant is undocumented doesn’t mean her taxes are. In fact, undocumented immigrants currently pay more than $11 billion in state and local taxes each year, according to a… -
media mention March 9, 2017 The Seattle Times: Tax Code Upside Down
According to a 2015 state-by-state report from the Institute on Taxation and Economic Policy, middle-and lower-income households in Washington state pay up to 17 percent of their incomes in taxes… -
media mention March 9, 2017 The Oregonian: Bills would force Oregon companies to share tax information
Ryan Deckert, president of the Oregon Business Association, said competitors in other states would use the information to get a leg up on the competition. According to the Institute on… -
media mention March 9, 2017 The Hill: Sanders offers bill aimed at preventing corporate tax avoidance
A report from the liberal Institute on Taxation and Economic Policy released Thursday found that Fortune 500 companies that were profitable each year between 2008 and 2015 had an average… -
media mention March 9, 2017 The Business Journals: $178 billion in profits, no taxes paid
A new study from the Institute on Taxation and Economic Policy illustrates the degree to which that practice is playing out. The study show how 258 profitable Fortune 500 companies… -
media mention March 8, 2017 The Street: Trump’s Immigration Order Makes It Harder for Him to Deliver on Economic Promises
According to the Institute on Taxation and Economic Policy (ITEP), undocumented immigrants contribute about $11.6 billion to the economy annually. A recent report from the National Academies of Sciences, Engineering… -
media mention March 8, 2017 The Connecticut Post: A giant sucking sound on the horizon
The nonpartisan Institute on Taxation and Economic Policy broke it down more. They pay more than $125 million in just state and local taxes in Connecticut. That would rise by… -
media mention March 8, 2017 Akron Beacon Journal: Our Voices of Reason on Immigration
The Institute on Taxation and Economic Policy reported last week that illegal immigrants in Ohio pay $83 million a year in state and local taxes. With full legal status, they… -
media mention March 8, 2017 The Christian Science Monitor: Why Authorities Just Raided Caterpillar
The questions go beyond whether the financial activities were legal or illegal. The news puts names and faces on the problems of political cronyism and tax evasion by the wealthy,… -
media mention March 8, 2017 The Guardian: Fixing America’s failing infrastructure won’t be easy, despite Trump’s pledge
But a recent report by the Texas A&M Transportation Institute analyzing transportation in 471 urban areas showed that although vehicle miles had increased, fuel consumption had not risen above its… -
media mention March 8, 2017 Kentucky New Era: State gets $36M from immigrants here illegally
The report, released Thursday by the Washington, D.C.-based Institute on Taxation and Economic Policy, comes as President Donald Trump works to ramp up immigration enforcement across the nation in part… -
media mention March 8, 2017 Univision: La millonaria contribución que hacen los indocumentados a la economía de Nueva York
“De la misma manera que el impacto horrendo de separar a familias bajo una política de deportación mavisa no debe ser ignorado, tampoco se deben pasar por alto las contribuciones… -
media mention March 8, 2017 The Press Democrat: Sonoma State University professor finds immigrant labor doesn’t hurt US workers
Another recent report, from the Institute on Taxation and Economic Policy in Washington, D.C., found that undocumented immigrants contribute $11.7 billion in state and local taxes nationally. The nonpartisan but… -
media mention March 8, 2017 Providence Business News: Undocumented immigrants pay $31.2M in state, local taxes in R.I.
Undocumented immigrants pay $31.2 million in state and local taxes in Rhode Island, according to a study released Friday by the Institute on Taxation and Economic Policy, a nonprofit, nonpartisan… -
media mention March 8, 2017 Fayette Tribune: Miss Liberty Needs to Smile Again
Over the past two years, the buzz word in the gilded halls has been “economic development.” But “economic development” has been an excuse for more “supply-side” business incentives and tax… -
media mention March 8, 2017 The Gazzette: Study Maintains Undocumented Immigrants Pay Their Fair Share in Taxes
Colorado’s 163,000 undocumented immigrants pay plenty in taxes, according to a new report by the Institute on Taxation and Economic Policy. The nonprofit think tank on state and federal tax…