
October 21, 2015 • By ITEP Staff
Undocumented immigrants already contribute a significant amount to our state’s tax system. Under President Obama’s 2012 and 2014 executive actions, the amount will increase and could be even more with comprehensive reform. Read full report here
October 21, 2015 • By ITEP Staff
The House Republican plan to fix Michigan’s roads by eliminating the state Earned Income Tax Credit raises taxes for the second time in five years on workers already struggling to get by on low wages.Eliminating the EITC to pay for roads amounts to robbing poor Peter to pay Paul. The $117 million saved by eliminating […]
October 21, 2015 • By ITEP Staff
House Bill 4609, which would eliminate the Michigan Earned Income Tax Credit, is a tax hike on 820,000 working families who are raising 1 million children. It punishes working families who are playing by all the rules but still not getting ahead. Read full testimony here
October 21, 2015 • By ITEP Staff
Immigrants make important contributions to the Massachusetts economy. They spend income as consumers and contribute to state and local taxes.Yet, they often face barriers to full inclusion and economic stability. For instance, many immigrants with specific training and credentials from their home country have a difficult time finding jobs in their field because these foreign […]
October 21, 2015 • By ITEP Staff
Although Oregon has a minimum income tax for corporations, 492 corporations paid less than the minimum in tax year 2012.Some corporations paid nothing at all.When corporations avoid the minimum tax they deprive the state of revenue to invest in schools and other key public structures. Lawmakers should reinstate the corporate minimum tax for all […]
October 21, 2015 • By ITEP Staff
The top 1 percent of Ohioans on average will see a $17,618 annual reduction in state taxes as a result of major tax changes made during the Kasich administration, while the bottom fifth will pay $17 more. This is the result of cuts in state income taxes, the major tax that is based on the […]
October 21, 2015 • By ITEP Staff
North Carolina policymakers have proposed another round of income tax cuts on top of those they passed in 2013. Senate Bill 526 would cost at least $1.4 billion by 2017, causing a new wave of cuts to services North Carolinians rely on each day and compounding the problems created by the tax cuts passed two […]
October 21, 2015 • By ITEP Staff
A suite of severe changes to the state constitution laid out in Senate Bill 607 would undermine the foundations of the North Carolina economy and make our current challenges much worse. The bill changes the state constitution in three ways: 1. Limits spending on education, health, and other services through a rigid, arbitrary, and fundamentally […]
October 21, 2015 • By ITEP Staff
The budget North Carolina will live under through June of 2017 will sharply constrain the state’s ability to make public investments crucial to promoting widespread prosperity and a growing economy. Read the full report here
October 21, 2015 • By ITEP Staff
President Obama’s 2014 executive actions on immigration would benefit hundreds of thousands of New Jerseyans and provide a boost to the state’s economy by allowing many undocumented residents to work legally and avoid deportation. Read the full report here
October 21, 2015 • By ITEP Staff
An effort by some lawmakers to eliminate or drastically cut taxes for a small number of New Jerseyans – a move that would deliver the greatest benefit to the state’s wealthiest households – threatens resources needed for public colleges, safe communities, health care and other important services. Read the full report here
October 21, 2015 • By ITEP Staff
Reforming Georgia’s rickety tax code is once again a hot topic among members of the General Assembly, and the question lawmakers must answer is how best to do it. The most prominent pending reform option would slash Georgia’s top personal income tax rate and try to make up the lost revenue with increased sales taxes, […]
October 21, 2015
“The Institute on Taxation and Economic Policy says Washingtonians with low incomes pay 16 percent of their wages to state and local governments. A big chunk of that is sales tax. People on the high end pay 2 percent of their overall wage.” Read more
October 21, 2015
““Oklahoma has a regressive tax system, and the sales tax is a big part of that,” said Carl Davis, research director for the Institute on Taxation and Economic Policy in Washington, a nongovernment research group.” Read more
October 21, 2015
“Immigrants pay taxes! The Institute on Taxation and Economic Policy released a report this year showing undocumented immigrants paid $11.8 billion in state and local taxes in 2012 and their combined nationwide state and local tax contributions would increase by $2.2 billion under comprehensive immigration reform.” Read more
October 21, 2015
“In 2012, undocumented immigrants collectively contributed $11.84 billion to state and local taxes — roughly 8 percent of state and local tax nationwide. That’s according to research by the Institute on Taxation and Economic Policy, or ITEP. Granting lawful permanent residence to all 11.3 unauthorized immigrants in the country would raise their state and local […]
October 19, 2015
“Look at the numbers: A 1-cent sales tax would cost 0.7 percent (or $90) for households earning $12,700 annually, 0.5 percent (or $262) for those earning $49,800 and only 0.1 percent (or $1,691) for those earning $1.6 million, according to the Institute on Taxation and Economic Policy. As the Oklahoma Policy Institute put it […]
October 19, 2015
“At the Institute on Taxation and Economic Policy, Director Matthew Gardner did some of the research. He says corporate profits are parked in one of about 50 countries with no income tax and no transparency.“In 2010, American multi-nationals reported earning $51 billion in the Cayman Islands alone,” he explains. ” What American companies are reporting […]
October 19, 2015
“Lower income earners in the United States pay a higher percent of their incomes in sales taxes than higher earners, according to The Institute on Taxation and Economic Policy, a Washington, D.C.-based nonprofit and non-partisan research group. The group reports persons making less than $20,000 a year spend 2.1 percent of their incomes for sales […]
October 19, 2015
“Unauthorized immigrants pay “an awful lot in state and local tax revenue,” including sales taxes, and property taxes paid indirectly as rent, said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy in Washington. About half of undocumented workers also have income taxes withheld from paychecks, Gardner said. Others work off the […]
October 12, 2015
“According to the Institute on Taxation and Economic Policy, the proposal would cost medium-income Oklahomans ($50,000 per year) about $262 a year, those who make less than $12,000 per year would pay an additional $90 annually. And the top one percent of earners would pay about $1,700 dollars per year.” Read more “According to the […]
October 12, 2015
“Texas’ tax code is in dire need of reform, but this cut does little to achieve that. In January, the Institute on Taxation and Economic Policy concluded that Texas was among the top 10 states having the most regressive tax policies. That means those least able pay more of a percentage of their income than […]
October 12, 2015
#1 Yes, undocumented immigrants pay taxes. And they do so in multiple forms. Undocumented immigrants are not just workers, they’re also consumers who must pay standard sales and excise taxes. According to an April 2015 report from the Institute on Taxation and Economic Policy, undocumented immigrants paid an estimated $11.8 billion in state and […]
October 12, 2015
“In response, the Oklahoma Policy Institute commissioned an analysis by the Institute on Taxation and Economic Policy. That report found that under a 1-cent sales tax increase, people in the lowest quintile (those with an average household income of $12,700 per year) would pay an additional $90 annually. Oklahomans in the top 1 percent (those […]
October 5, 2015
“Using an Export-Import Bank database, corporate records and a database from the Institute on Taxation and Economic Policy, Watchdog.org identified 50 companies that exported billions using bank guarantees yet kept nearly half a trillion dollars offshore and away from the Internal Revenue Service. The offshore proceeds of the companies benefiting from the bank, if taxed […]