Institute on Taxation and Economic Policy (ITEP)

Citations

6,242 posts

Oklahoma Watch: Study Finds a Decade of Income Tax Cuts Deprived State of $1B This Year

January 12, 2016

“Income tax cuts approved by governors and legislators of both parties over the past decade reduced this year’s state revenue collections by more than $1 billion, according to an independent data analysis. The calculation by the Institute on Taxation and Economic Policy in Washington suggests that past income tax cuts contributed significantly to the state’s […]

Oklahoma Policy Institute: The Cost of Tax Cuts in Oklahoma

• By ITEP Staff

“Due to these cuts, Oklahoma’s top income tax rate has been slashed by almost a fourth, from 6.65 percent before 2004 to 5 percent beginning in 2016. The annual revenue loss from these cuts has now reached $1.022 billion, according to an analysis prepared for OK Policy by the Institute on Taxation and Economic Policy. […]

Massachusets Budget and Policy Center: Funding Improvements for Schools, Roads, and Public Transit with Tax Reforms that Improve Fairness

• By ITEP Staff

Our economic growth is not translating into significant economic progress for most of our people and this directly harms working families. The lack of more broadly shared economic progress also has harmed our state’s ability to make important investments that can make life better for working people.

Clarion Ledger: ‘Tax shift’ for roads: Will it favor rich?

December 22, 2015

“Income tax reductions also fall unevenly, because many low-income households pay little or no income taxes. A plan to phase out income taxes on incomes under $18,300 proposed last year would have been more beneficial to the highest earning households. The lowest-earning 20 percent of taxpayers, making $16,000 or less, would have saved an average […]

Birmingham Business Journal: How immigrants fit in to Alabama’s different employment sectors

December 22, 2015

“Data from The Institute on Taxation and Economic Policy , or ITEP, highlights that undocumented workers contributed $10.6 billion in state and local taxes in 2010, but this money could slowly be leaving some states who continue to fight the inclusion of undocumented immigrants.” Read more

The News Journal: Are we really a xenophobic and racist country?

December 22, 2015

“The rhetoric from anti-immigrants is that they come here to usurp benefits they do not deserve. The reality is that many of these immigrants – both undocumented and documented – provide more than they actually receive. For example, out of any undocumented immigrant’s pay check there is a tax on social security and Medicaid – […]

Georgia Budget and Policy Institute: Welcome Newcomers to Build a Stronger Georgia

• By ITEP Staff

“Immigrant taxpayers contribute to Georgia’s bottom line. As immigrants start businesses, buy homes, earn wages and spend disposable income at local businesses, they generate considerable state and local tax revenue regardless of citizenship status. Georgia immigrants as a whole contributed nearly $1.8 billion in state and local taxes in 2012, the most recent year available. […]

Fairfield Citizen: State aims for winning hand in high-stakes game to keep GE

December 18, 2015

“The real problem of giving into corporate demands like these is you’re basically inviting other companies to make this same threat,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a Washington think tank.” Read more

Huffington Post: A Disingenuous Ruling on Immigration

December 18, 2015

“More significant still is the added tax revenues that DACA and DAPA would bring. If the executive actions go into effect, states can expect higher levels of tax compliance by immigrants and their employers. And, states can expect that immigrants with work permits and driver’s licenses would earn more and spend more than they do […]

The Sheboygan Press: Wisconsin is still a tax hell

December 18, 2015

“Relying on a report by the Institute on Taxation and Economic Policy, a nonpartisan research organization that works on tax policy issues, WalletHub shows the effective state and local tax rates in each state, based on three income levels: low ($25,000), middle ($50,000) and high ($150,000). According to that report, although Wisconsin’s tax rate ranks […]

Gainsville Times: Report says immigrants boost state’s economic fortunes

December 18, 2015

“Georgia immigrants as a whole contributed nearly $1.8 billion in state and local taxes in 2012, with undocumented immigrants pouring in another $352 million in payroll and health care taxes, according to the GBPI report and the Institute on Taxation and Economic Policy.” Read more

Michigan League for Public Policy: The 2015 roads plan: Helps wealthy and hampers budget

• By ITEP Staff

“Finally, the income tax rollback that was thrown in as a sweetener has implications on the budget as well as tax fairness. Under the plan, if General Fund revenues grow by more than the rate of inflation, the rate of the income tax would be reduced. According to the House Fiscal Agency analysis, if these […]

Idaho Center for Fiscal Policy: A Summary of Four Proposals from the Legislature’s Tax Working Group

• By ITEP Staff

  Idaho has a graduated personal income tax, with rates increasing with household income. This has a balancing effect on the sales and property taxes,which generally cost middle and lower-earning households a larger share of their income. When all state and local taxes are combined, Idaho’s tax distribution is relatively even across the income spectrum, […]

The Spokesman Review: For tax cutters, here’s another cold shower

December 15, 2015

“In terms of distributing the tax burden equally among rich and poor alike, the Institute on Taxation and Economic Policy ranks Idaho’s balanced system of sales, income and property taxes as fifth best in the country.” Read more

International Business Times: Tax Code To Direct $2 Trillion To Programs That Disproportionately Benefit The Rich And Corporations

December 15, 2015

“Most of the big tax expenditures have an incredibly corrosive effect on tax fairness and would never pass muster if they were funded as direct-spending programs rather than tax breaks,” said Matt Gardner, executive director of the Institute on Taxation and Economic Policy, a Washington-based group that has pushed to end some tax expenditures. “If […]

Newsworks: Pa. sales tax can be expanded in an equitable way

December 14, 2015

“A third group was rightly concerned that the sales tax places too much of a burden on those with low incomes. According to the Institute on Taxation and Economic Policy, the lowest-income 20 percent of Pennsylvania families pay an average of 5.8 percent of their income in sales tax. The top 20 percent, by contrast, […]

CT Post: Bidding war for GE; corporations call the shots

December 14, 2015

“The sweepstakes underscores the leverage corporations have to dictate terms to states and how loudly their complaints can resonate. Cutting some proposed corporate taxes was part of the reason Gov. Dannel P. Malloy called a special session of the General Assembly last week. “The real problem of giving into corporate demands like these is you’re […]

Pennsylvania Budget and Policy Center: Expanding the Sales Tax in an Equitable Way

• By ITEP Staff

“There is good reason to worry about the sales tax falling heavily on low-income families. According to the Institute on Taxation and Economic Policy, the lowest-income 20% of Pennsylvania families pay an average of 5.8% of their income in sales tax. The top 20%, by contrast, pay less than 2.3% of their income in sales […]

Washington Examiner: Illegal immigration trips up tax deal

December 7, 2015

  The improper payments to illegal immigrants, though, are minor compared to the revenue those workers contribute through payroll taxes, argued Matt Gardner, executive director of the Institute on Taxation and Economic Policy, a nonprofit left-of-center think tank. Gardner noted a 2013 Social Security Administration study finding that illegal immigrants pay $12 billion annually into […]

The Columbian: Jayne: What is ‘fair’ when it comes to Washington taxation?

December 7, 2015

“According to the nonpartisan, nonprofit Institute on Taxation and Economic Policy, Washington households in the lowest one-fifth of income pay 16.8 percent of their income in taxes, while the top 1 percent of earners pay 2.4 percent. Those in the 61st percentile to the 80th percentile pay 8.5 percent of their income in taxes. The […]

American Press: Edwards, GOP conflicts expected

December 7, 2015

“Edwards, as a state representative, and other Democrats fought for Medicaid expansion under Obamacare, but they were unsuccessful primarily because of Gov. Bobby Jindal’s opposition. Edwards said he would expand the program on his first day in office, but has since said legal issues have to be resolved first. An increase in the current $7.25 […]

Open Sky Policy Institute: Nebraska Taxes at a Glance

• By ITEP Staff

Read the full fact sheet

USA Today: Turning Pfizer Irish: Our view

December 3, 2015

“According to the Institute on Taxation and Economic Policy, Pfizer has been particularly adept at setting up overseas shell companies. The company lists 151 subsidiaries in places such as Ireland, Luxembourg, Holland, the Channel Islands and the Cayman Islands. It has used them to manufacture paper losses in the USA, though this is where it […]

Test Tube: What Happens When You Don’t Accept Immigrants?

December 3, 2015

“World-wide, these examples of anti-immigration laws imply that immigrants somehow cause harm, however, there aren’t really any studies that definitively show any long-term negative effects of a country accepting immigrants. In the U.S. conservatives often accuse immigrants of “taking our jobs”, when in reality they are an exploited source of cheap labor with little to […]

The Christian Science Monitor: Should ‘innovation’ be tax deductible?

December 3, 2015

““The patent box concept is ripe for exploitation and abuse,” writes Matt Gardner, executive director at the Institute on Taxation and Economic Policy, a think tank which has advocated for closing corporate tax loopholes, in a blog post from July.” Read more