
January 20, 2015
A new study released by the Institute on Taxation and Economic Policy (ITEP) and Oklahoma Policy Institute finds that low- and middle-income Oklahomans pay more than two times more in taxes as a percentage of their income compared to the state’s wealthiest residents. The study “Who Pays?” analyzes tax systems in all 50 states […]
January 20, 2015
“The capital-gains tax on the wealthy — even when combined with a tax credit Inslee has proposed for the state’s poorest families — would not bump Washington from its No. 1 ranking as the nation’s most regressive tax code, according to Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, which ranks […]
January 20, 2015
A recent report from the Institute on Taxation and Economic Policy has shown that in nearly every state low and middle income families pay a larger share of their income in state and local taxes than wealthy families. The analysis showed that families with incomes below $32,000 pay 10% rate in local and state taxes. […]
January 20, 2015
A sales tax increase will not affect the rich proportionally, and according to The Institute on Taxation and Economic Policy, states with high sales tax are ‘fundamentally unfair” to poor, and lower-middle-income Americans; particularly in states with no income tax because they “disproportionally eat into low-wage workers’ meager incomes.” The Tax Institute’s list of the […]
January 20, 2015
And yet, whatever the poor earn is likely to be more heavily taxed than the earnings of wealthier citizens, according to a new analysis by the Institute on Taxation and Economic Policy. As The New York Times put it last week: “According to the study, in 2015 the poorest fifth of Americans will pay on […]
January 20, 2015
The Politico report quoted Meg Wiehe, state policy director at the liberal-leaning Institute on Taxation and Economic Policy, saying, “We’ve seen this exploding budget gap, and this year, after three years of this experience, the recognition is they have to put a halt on these tax cuts.” said Which is a polite way of […]
January 20, 2015
California is not an easy place to do business. Our taxes and regulations are legendary. But the nonpartisan Institute on Taxation and Economic Policy this month released its fifth “Who Pays?” report. And the Golden State ends up nearly on top when it comes to the fairness of taxes for a state’s residents. The report says […]
January 20, 2015
Maryland ranked as the 38th least “unfair” state in Institute on Taxation and Economic Policy’s semi-annual taxation report, published on Wednesday. This means Maryland’s tax policies are considered more fair than three-quarters of the states.The report “Who Pays” outlines the percentages of local and state taxes as a percentage of income for all 50 states […]
January 20, 2015
The Garden State, like every other state, calls on low-income and middle-class New Jerseyans to pay greater shares of their incomes in state and local taxes than their wealthy neighbors. New data from the Institute on Taxation and Economic Policy’s latest Who Pays? report lays it out: New Jersey’s poorest households – those earning less […]
January 20, 2015
The current sales and excise tax burden on somebody who earns about $32,000 in Missouri is a little more than 5 percent of their income, according to the nonpartisan Institute on Taxation and Economic Policy. Meanwhile, the sales tax burden on somebody of Mr. Sinquefield’s income range is less than 1 percent. The opposite is […]
January 20, 2015
A new study finds Illinois’ poorest residents are paying almost three times more in taxes than the top one percent of earners. According to the Institute on Taxation and Economic Policy, the state takes a much greater share of income from middle and low income families than from the wealthy. Read more A new study […]
January 16, 2015 • By ITEP Staff
The latest Who Pays? report released today by the Institute on Taxation and Economic Policy (ITEP) takes a look at the fairness of state tax systems. For North Carolina, the lowest income North Carolinians pay over 70 percent more in state and local taxes as a share of their income compared to the state’s wealthiest […]
January 16, 2015 • By ITEP Staff
Low- and middle-income Alabamians pay more than twice as much in taxes as a share of their income compared to the state’s wealthiest residents, according to a study released Wednesday by the Institute on Taxation and Economic Policy (ITEP), a nonprofit research organization based in Washington, D.C. The study, Who Pays?, analyzes tax systems in […]
January 16, 2015 • By ITEP Staff
The Institute on Taxation & Economic Policy (ITEP) issued its 2015 report — Who Pays? A Distributional Analysis of the Tax Systems in All 50 States – today. The fifth edition of this report, which also includes findings for DC, shows the District of Columbia’s progress towards improving the fairness of the DC tax system. […]
January 16, 2015 • By ITEP Staff
Arkansas ranks eleventh in the nation when it comes to taxing the poor. The poorest Arkansans, those making under $9,600 per year, pay two times more in taxes as a percentage of their income than wealthy Arkansans who make over $209,800 per year. A new study released today by the Institute on Taxation and Economic […]
January 16, 2015 • By ITEP Staff
In Kentucky, the wealthiest residents pay the lowest overall state and local tax rate as documented in a new edition of a study by the Institute on Taxation and Economic Policy. “Who Pays: A Distributional Analysis of the Tax Systems in 50 States” analyzes all major state and local taxes including personal and corporate income, […]
January 16, 2015 • By ITEP Staff
In less than three months, Louisiana legislators will convene for their annual session. It’s an odd-numbered year, which means it’s a two-month “fiscal” session that’s supposed to be focused on tax policy. But if predictions around the Capitol are to be believed, there is little reason to expect fundamental change to a tax structure that […]
January 16, 2015 • By ITEP Staff
Those earning the most in Maryland pay the lowest share of their income in state and local taxes, at just 6.7 percent, according to the Institute on Taxation and Economic Policy’s (ITEP) new “Who Pays?” report. Those in the top 1 percent, making over $481,000, pay the least in sales and excise taxes and property […]
January 16, 2015
A new report finds Pennsylvania remains on a list of the “Terrible 10” states with the most regressive tax policies. The non-partisan Institute for Taxation and Economic Policy finds that the poorest residents pay nearly three times what the wealthy pay in taxes as a share of income. Middle-income earners pay twice as much as […]
January 16, 2015
Ross Reynolds talks with Meg Wiehie, state policy director for the Institute on Taxation and Economic policy, about their yearly ranking of regressive tax systems. Reynolds also speaks with Paul Guppy, vice president of research for the Washington Policy Center, who gives another take on the ranking. Read more
January 16, 2015
“A new report finds Pennsylvania remains on a list of the “Terrible 10” — states with the most regressive tax policies. The non-partisan Institute for Taxation and Economic Policy finds that the poorest residents pay nearly three times what the wealthy pay in taxes as a share of income. Middle-income earners pay twice as much […]
January 16, 2015
As legislative leaders in Harrisburg refuse to implement a tax on Marcellus Shale gas extraction and to close tax loopholes for wealthy interests, a new study reveals the consequences of such policy. The Institute on Taxation and Economic Policy, a nonpartisan think tank, has conducted an analysis of all 50 states and found that Pennsylvania’s […]
January 16, 2015
According to a new report, New Mexico tax policy is moving in the wrong direction, as a reduction in corporate taxes coupled with increases in gross receipts taxes is putting a greater share of the burden of financing public services on working families. The report, “Who Pays,” released Wednesday by the Institute on Taxation and […]
January 16, 2015
Oklahoma has the 16th most unfair state and local tax system in the country, says a report released Wednesday. In Oklahoma, the bottom 80 percent of taxpayers are paying between 8.6 percent and 10.5 percent of their incomes in state and local taxes, according to the “2015 Who Pays: A Distributional Analysis of the Tax […]
January 16, 2015
“A new report finds Pennsylvania remains on a list of the “Terrible 10” states with the most regressive tax policies. The nonpartisan Institute for Taxation and Economic Policy finds that the poorest residents pay nearly three times what the wealthy pay in taxes as a share of income. Middle-income earners pay twice as much as […]