October 5, 2016
“Matt Gardner, executive director of the Institute on Taxation and Economic Policy, is one of the study’s authors. He says: ‘In many tax havens, it’s easier to set up a subsidiary than it is to get a library card. Very often there is little asked of the company in terms of who owns it [and] […]
October 5, 2016
“The sums made Apple the biggest avoider of corporate taxes in the U.S., said Citizens for Tax Justice and the Institute on Taxation and Economic Policy, quoted by the U.K.’s Daily Mail. The organizations noted however that three quarters of Fortune 500 companies used offshore tax havens, cumulatively funneling $2.42 trillion and dodging $715.62 billion […]
October 5, 2016
“It also revealed that in 2015 three quarters of the Fortune 500 firms – the largest corporations in America – hold £1.9 trillion of income in offshore tax havens. This amounted to £561.9 billion in American tax that they avoided paying. The study, by pressure group Citizens for Tax Justice and the Institute on Taxation […]
October 5, 2016
“A more liberal-leaning group, the Institute on Taxation and Economic Policy, has a different take on Arizona’s tax structure. It comes close to agreeing with the Tax Foundation on the ranking of Arizona’s combined state and local taxes. ITEP has us the 35th highest, the same as being the 15th lowest—which is in the same […]
October 5, 2016
“The non-partisan, non-profit Institute On Taxation And Economic Policy says that in 2015, South Dakota had the fourth most regressive tax system in the United States. Poor and middle-income residents paid, respectively, 12 percent and 8 percent of their earnings to state and local authorities, while the wealthiest paid less than 2 percent.” Read more
October 4, 2016
“More than 73% of Fortune 500 cos. had subsidiaries in offshore tax havens, said the U.S. PIRG Education Fund, Citizens for Tax Justice and the Institute on Taxation and Economic Policy.” Read more
October 4, 2016
“‘They’re not changing the fundemental way we tax incom… it’s really a missed opportunity,’ said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy.” Read more
October 4, 2016
“Similarly, a 2016 Institute on Taxation and Economic Policy report found that undocumented workers are a net positive to the economy, contributing roughly $11.64 billion every year, or an average eight percent of their incomes in state and local taxes.” Read more
October 4, 2016
“The study by ConnPirg, the Connecticut Public Interest Research Group, along with the Institute on Taxation and Economic Policy, shows $2.5-trillion squirreled away in offshore accounts.” Read more
October 4, 2016
“Matthew Gardner, a spokesperson for the Institute on Taxation and Economic Policy, explained that the only way for the U.S. to get this tax money back would be to adjust the current tax codes.” Read more
October 3, 2016
“‘The interesting question is: When does writing regulations amount to enforcing existing laws effectively and when does it amount to codifying new laws?’ said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy. In the case of the valuation discount regulations, members of Congress are arguing the latter.” Read more
October 3, 2016
“Tanya Broder, a staff attorney for the National Immigration Law Center, said by phone that ‘undocumented immigrants have the same tax obligations as any other resident.’ Broder emailed a 2015 report by the Institute on Taxation and Economic Policy, a nonpartisan think tank, which drew on its analysis of state tax laws to estimate that […]
October 3, 2016
“Indeed, the nonpartisan Institute on Taxation and Economic Policy concluded in a 2013 report that ‘tax incentives are rarely the deciding factor in whether a business chooses to hire or invest within a state’s borders.’ And a 2015 analysis by the policy resource center Good Jobs First of the state’s One North Carolina Fund found […]
October 3, 2016
“Matthew Gardner of the Institute on Taxation and Economic Policy told AFP that some analysts suspect real estate moguls regularly generate losses on real estate income to avoid paying taxes on other income — a tactic forbidden in many other industries.” Read more
September 27, 2016
“The shifting composition of Ohio’s taxes has meant a shift, too, in who pays for state and local government. According to an analysis by the Institute on Taxation and Economic Policy of the major tax changes between 2005 and 2014, the most affluent 1 percent of Ohioans saw an average annual cut in their tax […]
September 27, 2016
“In reality, undocumented immigrants are a net positive to the economy, contributing $11.64 billion into local and state taxes, according to a 2016 Institute on Taxation and Economic Policy report. What’s more, undocumented immigrants also contributed $35.1 billion to the Medicare Trust Fund between 2000 and 2011, according to a 2015 Journal of General Internal […]
September 15, 2016
“The Institute on Taxation and Economic Policy, a non-profit, non-partisan think tank, reported that in 2012, undocumented immigrants paid more than $11.6 billion in state and local taxes.” Read more
September 15, 2016
“Matt Gardner, executive director of the left-leaning Institute on Taxation and Economic Policy, called dynamic scoring a ‘myopic analysis that’s done with a thumb on the scale. The premise is that tax cuts always help, and spending cuts never hurt.’” Read more
September 15, 2016
“This is why, when the Institute on Taxation and Economic Policy analyzed tax systems in all 50 states in 2015, the group found Oklahoma families with annual income of less than $18,000 still paid about 10.5 percent of earnings in state and local taxes.” Read more
September 13, 2016
Technically speaking, Amazon does not charge sales tax because only governments can levy taxes. What Amazon can do is set up processes and systems through which taxes are applied to online transactions. Since there is no federal sales tax in the United States, this means Amazon has to comply with hundreds of different tax […]
September 13, 2016
“State policy on taxation of benefits varies. Twenty-nine states (including the District of Columbia) that have a broad-based income tax exempt all Social Security from tax, according to a tally by the Institute on Taxation and Economic Policy. Seven states tax some Social Security benefits but provide an exemption that is more generous than what […]
September 13, 2016
“‘We should be, shareholders should be, angry that Medtronic has access to as much of the benefits of U.S. citizenship as they do,’ said Matt Gardner, executive director of the Institute on Taxation and Economic Policy, a nonpartisan think tank.” Read more
September 13, 2016
“These temporary reprieves from sales taxes don’t do much to help relieve financial burdens, according to a New York Times article. In the article, Meg Wiehe, state tax policy director at the Institute on Taxation and Economic Policy, claims these holidays are ‘really mostly just a political gimmick.’ Wiehe also said in the article that […]
September 13, 2016
“As rhetoric about illegal immigration dominates this election cycle, it’s hard to argue that undocumented immigrants drain the system. It’s true that not all undocumented workers pay federal income and social security taxes; many are still paid in cash and never fill out W-2 forms, so it’s unclear how many of them independently file tax […]
September 8, 2016
“Matt Gardner, executive director of the Institute on Taxation and Economic Policy, a partner organization to CTJ, has done the work of searching through corporate filings for the tax information. The limited disclosure in 10-K filings that is now available requires public companies to list their overseas subsidiaries and how much of their cash has […]
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].