November 14, 2016
“Governor-elect Eric Greitens has bold tax-reduction plans for Missouri but vague budget-balancing ideas. He should pay attention to the advice of Dylan Grundman, a senior analyst with the Institute on Taxation and Economic Policy in Washington. Grundman warned the commission of ‘three paths to avoid.’ One is to cut income taxes in hopes of spurring […]
November 14, 2016
“On the campaign trail, he promised to deport all undocumented immigrants in the United States — a whopping 11 million people who pay US$11.6 billion or more per year in taxes, according to the Institute on Taxation and Economic Policy.” Read more
November 10, 2016
“The Republican firebrand went as far to propose deporting all undocumented immigrants — a whopping 11 million people who pay US$11.6 billion or more per year in taxes, according to the Institute on Taxation and Economic Policy.” Read more
November 10, 2016
“Whether a tax holiday for these firms is good for the U.S. economy and taxpayers is a different issue. ‘It’s a terrible idea. Giving any kind of a lower tax rate on these profits amounts to rewarding bad actors for trying to dodge taxes,’ said Matthew Gardner, senior fellow at The Institute on Taxation and […]
November 9, 2016
“Americans generally believe that higher income households should pay a greater percentage of their incomes in taxes than lower income households. Yet the exact opposite occurs. The Institute on Taxation and Economic Policy (ITEP) finds the nationwide average effective state and local tax rates by income group are 10.9% for the poorest 20% of individuals […]
November 8, 2016
“I spoke with two of the four experts that WalletHub consulted. Being accounting professors, they knew that the income tax expense on financial statements and the amount actually paid are ‘two very different things’. I also spoke with Matthew Gardner of the Institute on Taxation and Economic Policy. He summed up the problem pretty […]
November 7, 2016
“Progressives in Washington have argued for years that the state’s tax system is unfair and exacerbates inequality. Indeed, according to a 2015 report by the nonpartisan Institute on Taxation and Economic Policy, the poorest 20 percent of Washingtonians (who make $21,000 per year or less) pay roughly 16.8 percent of their income in taxes every […]
November 7, 2016
“Of course, New Jersey isn’t the only state that has or is toying with raising gasoline taxes. Georgia, Idaho, Iowa, Kentucky, Michigan, Nebraska, North Carolina, South Dakota, Utah, and Washington upped their gas taxes in 2015, notes the Institute on Taxation and Economic Policy. Louisiana, Tennessee, Alaska, Alabama and Minnesota are contemplating increases in 2017.” […]
November 3, 2016
“New Jersey isn’t the only state that has seen a gas tax increase in recent years. Nineteen states and D.C. have seen gas tax changes in the past three years, according to the Institute on Taxation and Economic Policy.” Read more
November 3, 2016
“According to the Institute on Taxation and Economic Policy, low-income North Carolinians pay nearly twice the share of their income in taxes as our state’s richest residents. Reinstating the EITC would be a crucial step towards rebalancing the tax load for all North Carolina taxpayers.” Read more
November 3, 2016
“Meanwhile, the Louisiana Budget Project, which advocates on behalf of low and moderate income people, said “more is needed to put Louisiana’s budget back in the black.” “A preliminary analysis from the Institute on Taxation and Economic Policy shows that even if the Legislature agrees to the sales tax and income-tax changes recommended by the […]
November 3, 2016
“The tax would fall hardest on the poor, who spend a larger portion of their income on retail purchases. It would cost the bottom 20 percent of households an average of $90 a year. Middle-income households would pay about $262 a year. And the top 1 percent would pay $1,691, according to a data analysis […]
November 1, 2016
“‘Many other states are facing similar issues, but haven’t raised the gas tax in a decade or more,’ said Carl Davis, research director at the Institute on Taxation and Economic Policy. ‘It can be a political challenge.'” Read more
October 31, 2016
“Luz said her father, a manual laborer, pays income tax — as do half the immigrants living in the United States without legal status, according to the Institute on Taxation and Economic Policy.” Read more
October 31, 2016
“Matt Gardner, executive director of the Institute on Taxation and Economic Policy, a Washington, D.C., nonprofit research group, agreed that New York has done a good job of keeping tabs on tax breaks for development projects. What it hasn’t done is slow down on giving them away.” Read more
October 31, 2016
“But Wyoming’s tax system is advantageous to the rich, with the state’s poor and middle classes paying a disproportionate amount of their income on sales and property taxes, said Carl Davis, the research director of the Washington-based Institute on Taxation and Economic Policy.” Read more
October 31, 2016
“As to their contributions, the Institute on Taxation and Economic Policy calculated that the undocumented population pays nearly $12 billion in taxes annually.” Read more
October 28, 2016
“In fact, a study of state tax systems from the Institute on Taxation and Economic Policy reported the bottom 20 percent put 11.7 percent of their income toward taxes while the top 1 percent, who make over $356,000 a year, pay 5.5 percent toward the same taxes.” Read more
October 28, 2016
“According to a new report, Offshore Shell Games 2016, by CTJ, ITEP & USPIRG , American firms are avoiding up to $718 billion in U.S. taxes on $2.5 trillion in profits held offshore. These jaw-dropping numbers will keep getting bigger until we fix the corporate tax system.” Read more
October 25, 2016
“The Institute on Taxation and Economic Policy estimated undocumented immigrants paid about $10.6 billion in state and local taxes in 2010 — about $8 billion of which was accumulated through sales and excise taxes.” Read more
October 25, 2016
“‘It’s emblematic of the way most people feel about the tax system,’ said Matt Gardner, executive director of the Institute on Taxation and Economic Policy, a nonprofit and nonpartisan research organization. ‘It favors those who have the resources.'” Read more
October 25, 2016
“Matt Gardner, executive director with the Institute on Taxation and Economic Policy, told Bloomberg BNA that rules governing materiality ‘are neither stringent nor precise,’ and that banks are realizing they don’t have to disclose them if they don’t want to.” Read more
October 25, 2016
“’It’s emblematic of the way most people feel about the tax system,’ said Matt Gardner, executive director of the Institute on Taxation and Economic Policy, a nonprofit and nonpartisan research organization. ‘It favors those who have the resources.'” Read more
October 25, 2016
“And though there are competing analyses about whether unlawfully present immigrants contribute more to the economy than they cost in education and health expenses, what cannot be denied is that, according to the nonpartisan Institute on Taxation and Economic Policy, illegal immigrants contribute more than $11.6 billion to state and local coffers each year and […]
October 25, 2016
“She’s right on the proportion of unauthorized immigrants who pay taxes, according to research from the Institute on Taxation and Economic Policy, or ITEP.” Read more
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].