Institute on Taxation and Economic Policy (ITEP)

Citations

ITEP's Citations Research Priorities

Policy Matters Ohio: Tax Cuts Help Create Ohio’s Revenue Crunch

In 2015, the General Assembly approved a two-year budget lasting through this June that cuts taxes by nearly $1.9 billion. When legislators approved those cuts, Policy Matters Ohio asked a respected national policy group with a model of Ohio’s tax system to review them. The Institute on Taxation and Economic Policy found that the top […]

Policy Matters Ohio: Tax Cuts Help Create Ohio’s Revenue Crunch

In 2015, the General Assembly approved a two-year budget lasting through this June that cuts taxes by nearly $1.9 billion. When legislators approved those cuts, Policy Matters Ohio asked a respected national policy group with a model of Ohio’s tax system to review them. The Institute on Taxation and Economic Policy found that the top […]

Gov. Hutchinson’s low-income tax plan: A good start, but needs work

Governor Asa Hutchinson’s new tax cut proposal includes a break, at long last, for some of the lowest income working families in our state. The bones of this plan are good – it isn’t too expensive, and it includes a portion of the families making less than $21,000 a year who were left out of […]

Statement on Governor Hutchinson’s Low-Income Tax Plan

January 25, 2017 • By ITEP Staff

Statement on Governor Hutchinson’s Low-Income Tax Plan

The following is a statement from Rich Huddleston, executive director of Arkansas Advocates for Children and Families: Read more here

The Arizona Center for Economic Progress: Questions and Answers About Arizona’s State Budget and Taxes 2017

State budgets and taxes are the foundation for achieving our common priorities that will lead to more quality jobs, a strong economy, and thriving communities. This publication provides information and analysis to help policymakers, community leaders, and community-based organizations make good decisions about Arizona’s state budget and taxes to reach those goals. These questions and […]

WDEF: HOW WOULD TENNESSEE STACK UP AGAINST OUR NEIGHBORS WITH NEW GAS TAX?

January 23, 2017

“Governor Haslam argues that Tennessee hasn’t raised the gas tax in a long time. In fact, the Institute on Taxation and Economic Policy finds that the 27 years since we raised the tax is one of the longest streaks in the nation. Tennessee ranks 5th longest without a tax increase in their graph.” Read more

Bloomberg BNA: Congress, Courts, Oil Among Pressures on State Budgets

January 23, 2017

“A further problem facing oil states such as Oklahoma, Louisiana, North Dakota and West Virginia is deep cuts they made to severance and other taxes “when times were good,” Carl Davis, research director at the Institute on Taxation and Economic Policy, told Bloomberg BNA.” Read more

Politico: Mnuchin hits the hot seat

January 23, 2017

“Another progressive group, the Institute on Taxation and Economic Policy, found that Fortune 500 companies would rack up more than a half-trillion dollars due to Trump’s onetime 10 percent repatriation rate.” Read more

Star Ledger: Will Trump deport N.J. unauthorized immigrants in college under Christie ‘Dream Act’?

January 23, 2017

“A 2015 analysis by non-partisan Institute on Taxation and Economic Policy found that New Jersey has an estimated 528,000 unauthorized immigrants, and their average family income was just $34,500.” Read more

New York Times: Federal Policy Will Shift. Not All States Will Shift With It.

January 23, 2017

“But the Institute on Taxation and Economic Policy in Washington reports that these fears were overblown, citing a recent Stanford University study. It found that million-dollar income earners are actually less likely to move than Americans earning only average wages; fewer than 2 percent of the tiny fraction of those millionaires who did move cited […]

News-Times: Estate tax change makes no sense

January 23, 2017

“According to the Institute on Taxation and Economic Policy, Connecticut’s top 1 percent (making more than $1.33 million a year) saw just 5.3 percent of their incomes go to taxes in 2015 (income, and sales). Conversely, the bottom 20 percent (making less than $25,000 a year) paid nearly twice that. Meanwhile, 40 percent paid a […]

Washington State Budget & Policy Center: Closing the Tax Break on Capital Gains

A capital gain is the profit an individual receives from the sale of a financial asset. Currently, Washingtonians receive a tax break on the profits they make from the sale of high-end capital assets. This tax break contributes to our state having the most upside-down tax code in the nation, in which people with low […]

ATTN: Robert Reich Addressed This Claims About Undocumented Workers ‘Stealing Jobs’

January 19, 2017

“According to a 2016 report from the left-leaning Institute on Taxation and Economic Policy, undocumented immigrants contribute about $12 billion in local and state taxes each year. The group also contributed about $7 billion toward Social Security, which they are barred from benefiting from, the conservative think tank Heritage Foundation estimated.” Read more

The Street: Why Trump’s Potential $500 Billion Tax Holiday Could Make Apple and Microsoft Huge Winners

January 19, 2017

“Major corporations including Apple (AAPL) , Microsoft (MSFT) and Oracle (ORCL) will save billions of dollars in taxes if Trump is able to enact the repatriation holiday he promised on the campaign trail, according to a new analysis from the Institute on Taxation and Economic Policy (ITEP), a Washington, D.C.-based think tank. Instead of taxing […]

Policy Matters Ohio: Flat tax would mean more taxes for most

  Nearly three-quarters of Ohioans would pay more in state income taxes under flat-rate tax plans for which a joint legislative commission is developing an implementation plan. At the same time, the most affluent 1 percent of Ohioans would see tax cuts averaging $4,000 or more a year.  Nearly three-quarters of Ohioans would pay more […]

Maine Center for Economic Policy Releases Findings Related to Distributional Impacts of Governor LePage’s Budget Proposal

  MECEP finds that Governor LePage’s budget proposal includes an upside down tax plan that will lead to the following outcomes: Taxes will go up on average for Maine families with income below $92,000. This represents the bottom 80% of Mainers who will see an average tax increase of approximately $85. The top 1% of […]

Connecticut Voices for Children: Revenue Options are Key to Addressing Budget Shortfalls and Supporting Thriving Communities

Long-term investments in children and families have been the cornerstone of the state’s prosperity. To preserve these investments and support long term economic health, a balanced approach to the upcoming biennial budget must include new resources. Read more here

Hawaii Tax Fairness Coalition: Tax Fairness Flyer

January 18, 2017 • By ITEP Staff

Hawaii Tax Fairness Coalition: Tax Fairness Flyer

Hawaiʻi has the lowest wages in the nation after adjusting for our cost of living, which is the highest in the nation. We also place the 2nd highest tax burden in the country on our low-income households. Faced with this one-two-three punch, almost half of our state’s residents are living paycheck-to-paycheck. Read more here

Hawaii Tax Fairness Coalition:

January 18, 2017 • By ITEP Staff

Hawaii Tax Fairness Coalition:

Hawaiʻi ranks second nationally in how heavily we tax our low-income households. In fact, we are in the minority of states that actually pushes low-income people deeper into poverty with taxes. As a result, nearly half of our state’s residents live paycheck-to-paycheck. Read more here

Register Herald: Flat tax would make most Ohioans pay more

January 14, 2017

“Using a sophisticated model of Ohio’s tax system, the national research group, Institute on Taxation and Economic Policy (ITEP), found that with a 3.5 percent flat tax, 72 percent of Ohioans would pay more state income tax, while just 4 percent would pay less. The remaining 24 percent would pay the same amount as they […]

AL.com: In immigration debate, Trump and Clinton voters tussle over term ‘illegal immigrant’

January 14, 2017

“Undocumented immigrants paid $13 billion in payroll taxes in 2010, according to an estimate by the U.S. Social Security Administration. At least 50 percent of undocumented immigrant households file tax returns using Individual Tax Identification Numbers, according to the non-partisan research Institute on Taxation and Economic Policy. The group also estimated undocumented immigrants pay $11.64 […]

Poughkeepsie Journal: The state of Hudson Valley immigration

January 14, 2017

“Whatever one’s political view, the fate of New York’s immigrant population could have a significant impact on state and local economies. Undocumented immigrants make up a large portion of the workforce in New York industries like construction, landscaping, food and cleaning services, and farming operations upstate and on Long Island. The non-profit Institute on Taxation […]

Seven Days: Afford-Ability: Can Gov. Phil Scott Deliver a Bigger Slice of the Pie?

January 12, 2017

“Despite all the ink spilled over the state’s supposedly high tax burden, Vermont’s effective tax rate is roughly average. And according to a 2015 study by the left-leaning Institute on Taxation and Economic Policy, “Vermont’s tax system is among the least regressive in the nation because it has a highly progressive income tax and low […]

CNN: Trump’s Tangled Web of Businesses

January 12, 2017

“In fact, as with most businesses, most of Trump’s are registered in Delaware, known for its business-friendly courts and tax policies, but also the lack of disclosure requirements, according to Matthew Gardner, a fellow at the Institute on Taxation and Economic Policy.” Read more

Bloomberg BNA: Oil States View Taxes Warily in Battling Crude Market Dips

January 12, 2017

“That means, however unpopular, “residents are going to have to pay more” to maintain local governments and their services, Carl Davis, an analyst at the Institute on Taxation and Economic Policy, told Bloomberg BNA.” Read more