
January 20, 2015
With Gov. Phil Bryant’s push for a tax cut this legislative session as context, the Institute on Taxation and Economic Policy has released a report that says the tax rate as a percentage of income for poor Mississippians is twice that for the state’s wealthy. The study by Washington, D.C.-based ITEP found lower-income Mississippians pay […]
January 20, 2015
Hawaii has the second-highest taxes on the poor and the 15th most unfair state and local tax systems in the country, according to a recent report from a Washington, D.C.-based nonprofit. The Institute on Taxation and Economic Policy issued its 2015 report “Who Pays: A Distributional Analysis of the Tax Systems” this week. The report […]
January 20, 2015
Last week brought another complication for Washington’s tax situation, as the annual report of the Institute on Taxation and Economic Policy, in the other Washington, found that once again Washington has the most regressive tax structure in the country. Since Washington is so heavily dependent on the sales tax, the poorest fifth of Washingtonians pay […]
January 20, 2015
The newly released 2015 “Who Pays” report from the nonprofit Institute on Taxation and Economic Policy found Pennsylvania has the sixth-most-inequitable tax system in the nation. Combining the total burdens of sales, property and income taxes, the report found the top 1 percent of earners pay 4.2 percent of their income in taxes. The lowest […]
January 20, 2015
New Jersey’s state and local tax system is fairer than most states, but low- and middle-income residents still devote a larger share of their income to taxes than the wealthy, according to a new study out Wednesday. New Jersey Policy Perspective and the Institute on Taxation and Economic Policy, authors of the study, said that […]
January 20, 2015
New Jersey’s state and local tax system is fairer than most states, but low- and middle-income residents still devote a larger share of their income to taxes than the wealthy, according to a new study out Wednesday. New Jersey Policy Perspective and the Institute on Taxation and Economic Policy, authors of the study, said that […]
January 20, 2015
Georgia and Tennessee are not among the 29 states to pass legislation boosting the minimum wage above the federal rate of $7.25 per hour. A report released last week by the Institute on Taxation and Economic Policy found that Tennessee’s tax rates are among the top 10 most regressive in the nation, meaning the poor […]
January 20, 2015
TAX cut opponents often argue that Oklahoma already has a relatively low tax burden. A new report by the Institute on Taxation and Economic Policy (ITEP) shows this is not true for many families. The ITEP study — “Who Pays?” — analyzes tax systems in all 50 states and factors in all major state and […]
January 20, 2015
The poor pay more. State taxes favor the wealthy. Every state and local tax system is regressive. Those provocative conclusions, reached in a controversial new study, are going to ignite a fiery debate over who’s really the most overburdened by state and local taxes and whether existing tax systems do as much harm as good. […]
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 […]
• 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 […]
• 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 […]
• 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. […]
• 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 […]
• 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, […]