Institute on Taxation and Economic Policy (ITEP)

Citations

ITEP's Citations Research Priorities

American Prospect: Republican Governors, Trickle-Downers of the Week

February 3, 2017

In fact, most low- and middle-income residents already pay more in consumption taxes than they do in incomes taxes, according to a new report from the Institute on Taxation and Economic policy. When flat-tax rates are instituted, most taxpayers end up paying more while the upper brackets get a tax cut. Read more

Alternet: It’s Time to Take America’s Billionaire Class Head on

February 3, 2017

The result has been to make state and local taxes, on the whole, regressive. The share of income paid by the poorest 20 percent is twice that of the richest 1 percent. Unsurprisingly, the disparity is widest in states without an income tax. The Institute on Taxation and Economic Policy reports that Washington’s working class […]

Crain’s Detroit Business Journal: In bid to eliminate Michigan income tax, fears of another Kansas

February 3, 2017

Critics of these tax cuts note that states with no income tax tend to put a higher share of the tax burden on low-income residents. According to a 2015 report by the Institute on Taxation and Economic Policy, a nonpartisan research organization, five states with no income tax are ranked among the top 10 most […]

Maine Center for Economic Policy: Upside-down tax plan, missed opportunity, and unnecessary and harmful cuts in the governor’s budget proposal

At a time when Maine families are falling out of the middle-class, when experienced workers need new skills to secure good paying jobs in a modern economy, and when state infrastructure is in need of improvement and expansion, the state budget presents an opportunity to solve shared problems and return our quality of life to […]

The Sycamore Institute: Tennessee State Budget Primer

February 2, 2017 • By ITEP Staff

The Sycamore Institute: Tennessee State Budget Primer

It is our pleasure to present to you the Sycamore Institute’s first Tennessee State Budget Primer. We hope this report – the information, the graphics, and the discussion – will demonstrate our commitment to putting reliable data and research in the hands of our state leaders, policymakers, and the general public. Below you will find […]

South Dakota Budget and Policy Institute: HB 1182 Raising teacher salaries – how much would taxes change for your household?

The combination of property tax savings and sales tax increases will affect each household differently. Raising sales tax by 1/2 cent will raise about $107 million dollars.  And decreasing property tax will cost about $40 million dollars.  But how much will your household pay to support the change?  You can figure that out by answering two questions.

Florida Policy Institute: Florida’s Shadow Budget Needs Greater Scrutiny

Silent spending, in the form of numerous kinds of tax breaks, costs Florida billions of dollars in lost revenue a year. Unlike money spent through the state budget process, this “shadow budget” is not routinely examined to see if it is meeting worthwhile goals or promoting a stronger economy.  This is money that is spent […]

Florida Policy Institute: A Citizens Guide to Florida’s Budget

Florida is known worldwide as a vacation destination, but those of us who live here know that the way Florida takes in and spends money affects every aspect of our lives.  From now until 2030, people age 60 and older will account for most of Florida’s population growth, representing 56.9 percent of the gains. Adequate […]

Kentucky Center for Economic Policy: Refugees, Immigrants Important to Kentucky and the Economy: An Overview of the Research

From the promise to build a wall paid for by tariffs on Mexican imports and uncertainty about what will happen to DACA (which allows undocumented immigrants whose parents brought them to the U.S. as children to apply for a renewable reprieve from deportation), to a 120-day ban on refugee admissions and an indefinite ban for […]

Georgia Budget & Policy Institute: Georgia Stands to Lose Millions from Crackdown on Young Immigrants

The potential for harsher federal immigration policies under the new presidential administration poses special concern for young Georgians whose parents brought them to the United States as children. A new federal crackdown threatens to wreak havoc in the lives of tens of thousands of young Georgians who now enjoy some limited legal protections that allow […]

Crain’s Detroit Business: In Bid to Eliminate Michigan Income Tax, Fears of Another Kansas

February 1, 2017

According to a 2015 report by the Institute on Taxation and Economic Policy, a nonpartisan research organization, five states with no income tax are ranked among the top 10 most regressive in tax structure. In reaching its conclusion, the report compared the share of personal income paid at different income levels in state and local […]

Georgia Budget & Policy Institute: Young Immigrants Vital to Georgia’s Workforce, Healthy Economy

Potential harsher federal immigration policies under the new presidential administration pose special concern for young Georgians whose parents brought them to the United States as children. A new federal crackdown threatens havoc for tens of thousands of young Georgians who now enjoy some limited legal protections which allow them to work, go to school and […]

Idaho Center for Fiscal Policy: House Bill 67

January 30, 2017 • By ITEP Staff

Idaho Center for Fiscal Policy: House Bill 67

The Idaho Legislature is considering a proposal that would cut top income tax and corporate tax rates. The bill will also eliminate the income tax on the first $750 of taxable household income. This proposal would substantially reduce Idaho’s general fund revenue. Estimates of the impact range from $51 million to $56 million. A majority […]

New Mexico Voices for Children: NM’s Working Families Tax Credits

As a group, those who claim the EITC and WFTC pay a large share of their incomes in taxes. In fact, in addition to the federal payroll taxes they pay, New Mexico’s lowest-income households pay a larger share of their income in state and local taxes than the households in every other income group. Those […]

Governing: Coming Soon to 6 States: Online Sales Taxes From Amazon

January 30, 2017

Carl Davis, research director for the Washington, D.C.-based think tank Institute on Taxation and Economic Policy, estimated the state of Missouri could collect between $30 million and $34 million annually from Amazon sales, based on an analysis of revenue generated in other states. “We’re supporters of sales tax being collected on online purchases in the […]

Hartford Courant: Windham Works On Sanctuary City Resolution

January 30, 2017

Hewes pointed to a number of sources of information, including a 2015 report from The Institute on Taxation and Economic Policy. According to this report, “unauthorized immigrants in Connecticut paid $136.6 million in state and local taxes in tax year 2012, including $67.1 million in sales taxes, $53.9 in property taxes, and $15.5 in personal […]

Lawrence World Journal: Voters, please pay close attention

January 30, 2017

Aligned with conservatives in the Senate, Brownback steadfastly refused to consider a direct reversal of the original tax plan, insisting that the state continue on its path toward replacing the income tax entirely with consumption taxes. The most he would do was freeze the rates, and the result was a plan that will place an […]

The Tennessean: Grocery tax proposal complicated for most Tennesseans

January 30, 2017

Other organizations, like the Institute on Taxation and Economic Policy, regard Tennessee’s tax structure statewide as regressive, meaning it inhibits growth and proportionally taxes the poorest Tennesseans the hardest. The group rates Tennessee as one of the “Terrible Ten” and among the worst tax structures in the country. Read more

Bloomberg BNA: States Plan Uneasily for Spending, Taxing in Trump’s Shadow

January 30, 2017

“Too many states are leaning heavily on regressive sales and excise taxes to balance their budgets, or to fund cuts in progressive income taxes and estate taxes,” Carl Davis, Institute on Taxation and Economic Policy’s research director, told Bloomberg BNA. Raising taxes and cutting spending are the options for states in dire straits. The straightforward […]

Washington State Budget & Policy Center: Creating a Safeguard Rebate Is Key to Equitable Property Tax Reform

  This is the fourth in a series of schmudget blog posts about property taxes in Washington state and the role they play in funding basic K-12 education. Any reform to the Washington state property tax code to help pay for schools must also take steps to make the tax code more equitable. In conjunction […]

Open Sky Policy Institute: Some facts about LB 337 — the governor’s tax plan

Below are some facts regarding, LB 337, the governor’s income tax cut plan: The example middle-class Nebraska taxpayer used to roll out the plan would not receive a tax cut under LB 337. Once the standard deduction is applied, this taxpayer, who earns $29,831, would not pay the top tax rate on any income, and therefore would […]

Policy Matters Ohio: Common Sense Reform for Working Ohio

January 27, 2017 • By ITEP Staff

Policy Matters Ohio: Common Sense Reform for Working Ohio

Tax modeling from the Institute on Taxation and Economic Policy (ITEP), a national organization with a sophisticated model of the state tax system, shows that Ohio’s current EITC reaches only about 8 percent of the state’s neediest working families and 11 percent of middle income workers. A 20 percent, refundable, non-capped, EITC would extend the […]

Governing: Despite Budget Shortfalls, Some Governors Call for Tax Cuts

January 26, 2017

In both Colorado and Kansas, the tax increases would help cover projected budget deficits. That can be a dangerous habit, said Meg Wiehe of the progressive-leaning Institute on Taxation and Economic Policy, because such tax increases tend to discourage consumption. “Politically speaking they’re low-hanging fruit,” she said. “The problem in relying on this is it […]

Market Exclusive: Losses And Gains For Gilead Sciences, Inc. (NASDAQ:GILD) Under President Trump Expected

January 26, 2017

A new analysis from the Institute on Taxation and Economic Policy (ITEP) reveals that the likes of Apple and Oracle seem to be some of the biggest winners of Trump’s presidency and especially if the repatriation proposal is put into place.  U.S. firms currently have $2.5 trillion in offshore earnings, which translates to $720 billion […]

Chattanooga Times Free-Press: Tennessee House GOP pursues anything-but-gas-tax-increase plans for road funding

January 26, 2017

According to the Institute on Taxation and Economic Policy, five states have not implemented an increase in their gas tax rates since the 1980s or earlier: Alaska, Oklahoma, Mississippi, South Carolina and Tennessee. That’s longer than any of the 45 other states. Read more