
June 3, 2014
The progressive advocacy group Policy Matters Ohio worked with the Institution on Taxation and Economic Policy, a nonpartisan organization in Washington, to analyze the Senate bill. They conclude that most of the tax relief in the measure would go to the top 5 percent of Ohioans — those who earned at least $151,000 last year. […]
June 3, 2014 • By ITEP Staff
Three major tax cut packages passed by the Wisconsin legislature in the last year have delivered relatively little benefit to the lowest earners, who are struggling to make ends meet. In dollar amounts, the largest tax cuts went to the Wisconsin taxpayers who earned the most. If state lawmakers want to cut taxes for Wisconsin […]
June 2, 2014
By Paul Rosenberg, June 2, 2014 You might think that tax cuts that pay for themselves had disappeared from rational discourse ages ago. If so, you’d be sadly mistaken. Instead, “rationality” has been redefined to make such tax cuts “true by definition,” at least in one economic model that’s playing an influential role in state-level […]
June 2, 2014
By Jeff Jacoby, June 2, 2014 For decades, gasoline taxes have been the largest source of funds for building and fixing America’s highways. What happens if those funds dry up? Gasoline sales have been trending downward in recent years, thanks in part to more fuel-efficient cars, which travel farther and farther between fill-ups. That trend […]
June 2, 2014
By the Editorial Board, May 31, 2014 It has been said of this editorial page that we’ve never met a tax increase we didn’t like. That’s not entirely true, but it’s close. We tend to favor fair taxes used in the common good for vital public services. But now we’ve studied the three-quarter-cent state sales […]
June 2, 2014
By Renu Zaretsky, June 2, 2014 Hurricane season began yesterday, and millionaires or not, Floridians can purchase hurricane supplies sales-tax free until June 8. Eligible items include ice packs, flashlights, portable radios, portable generators, Tiki torches, and certain batteries (AAs are tax-free, AAAs are not). Sales tax holidays grew more popular as states carried budget surpluses: They were seen as a way […]
May 30, 2014
By Ben Richmond, May 28, 2014 As we move to replace gasoline, the states are looking at how they’re going to replace revenue collected via the gas tax. They’re caught in a balancing act, between penalizing people driving electric vehicles and maintaining their roads and bridges. You can be forgiven for thinking that cars becoming […]
May 30, 2014
By Rebecca Helmes, May 28, 2014 New Hampshire drivers will soon pay more per gallon in gas tax, and in return their Interstate 93 widening project will be funded, along with other highway projects. On the heels of several states’ gas tax increases in 2013, the Granite State is the first this year to enact […]
May 30, 2014
By Tazra Mitchell, May 30, 2014 On Wednesday evening, the North Carolina Senate unveiled its $21.16 billion budget proposal for the 2015 fiscal year that begins in June 2014 and ends in July 2015. The Senate leadership decided to put the budget on a fast track to approval, bypassing the appropriations subcommittee process and scheduling […]
May 30, 2014
By Maggie Thurber, May 30, 2014 Ohio is once again considering an August sales tax holiday for schools supplies and equipment, but two tax groups think it’s a bad deal for taxpayers. House Bill 450 would provide a three-day “holiday” each August. Sales and use taxes would not be charged on back-to-school clothing, school supplies, personal […]
May 27, 2014
According to the Institute on Taxation and Economic Policy, a nonpartisan think-tank, the challenge with state gas taxes is its unsustainability, as it relates to vehicle fuel efficiency and the rising cost of building infrastructure.
May 27, 2014
Fuel-efficiency gains, inflation and higher construction costs have eroded the ability of state gasoline taxes to keep pace with needs, said Carl Davis, an analyst at the Institute on Taxation and Economic Policy, a Washington-based research group.
May 27, 2014
An analysis by the Institute on Taxation and Economic Policy, a Washington D.C. nonprofit, showed that the moves designed to help Ohioans beyond the top income brackets - the higher personal exemptions and earned income tax expansion - would generate only very modest savings for middle-income Ohioans and almost nothing for the poorest Ohioans
May 27, 2014
By Editorial Board, May 25, 2014 Iowans on the road this Memorial Day weekend will likely encounter some traffic delays. It’s that time of the year when work gets underway on the state’s highways and bridges. The Iowa Department of Transportation is already looking down the road to $2.7 billion in major highway construction projects […]
May 23, 2014
By Paul Egan, May 23, 2014 High fuel taxes and low spending on roads. It’s a nasty combination, but Michigan motorists can rightfully complain they pay some of the highest fuel taxes to drive on some of the lousiest roads. According to national data, Michigan has the sixth-highest state taxes on gasoline but one of […]
May 22, 2014 • By ITEP Staff
Unless lawmakers reverse course, close to one million working families in North Carolina will claim the state Earned Income Tax Credit (EITC) for the last time this tax season, bringing pain to individual families and local economies. One year ago, North Carolina lawmakers put an end to the tax credit and subsequently pursued deep tax […]
May 22, 2014 • By ITEP Staff
It comes as no surprise to working families that North Carolina’s tax system is fundamentally unfair. Families who make less than $47,000 a year pay, on average, nearly 2 times more of their income in state and local taxes than those making more than $345,000. But taxpayers don’t have to accept this fundamental unfairness. One […]
May 22, 2014 • By ITEP Staff
The more money you make in Illinois, the lower share of it you pay in state and local taxes. If that sounds unfair, that’s because it is. In fact, low- and middle-income workers pay, on average, two to three times the percentage of their income in state and local taxes that the wealthiest Illinoisans pay. […]
May 22, 2014 • By ITEP Staff
Previous posts have described how a state Earned Income Tax Credit (EITC) would help working low-income Kentuckians make ends meet and reach every corner of the state. A state EITC would also make the tax system fairer, as shown in a new report by the Institute on Taxation and Economic Policy (ITEP). Kentucky’s tax system […]
May 22, 2014 • By ITEP Staff
Efforts to modestly raise the minimum wage in Louisiana failed this legislative session — even though the wage isn’t high enough to keep a full-time worker with a child out of poverty. But some opponents of giving the lowest-paid workers a raise have suggested another pro-work, anti-poverty policy as an alternative: increasing the value of […]
May 22, 2014 • By ITEP Staff
Honorable Senator Haskell, Representative Goode, members of the Joint Standing Committee on Taxation, I am Garrett Martin, Executive Director of the Maine Center for Economic Policy (MECEP). I am here today to speak in opposition to LD 1664. Since 2011, Maine’s tax code has gotten less, not more, fair. Reductions to the top income tax […]
May 22, 2014
By Star-Ledger Editorial Board, May 20, 2014 Gov. Chris Christie has promised to announce a plan this week to put our state budget on life support. He’s suggested he will do whatever it takes — politics be damned — to close the $807 million hole we are facing: “Everything is on the table to balance […]
May 21, 2014
Undocumented Californians also paid about $2.7 billion in taxes, including property, sales, and income taxes, in 2010, according to the most recent annual estimate available from the Institute on Taxation and Economic Policy. "There's this misconception that undocumented people are 'takers' -- that they're benefiting from public benefits but not contributing," said Daniel Zingale, senior vice president of The California Endowment, which has embarked on a multimillion-dollar campaign -- also named "Health for All" -- to raise awareness about undocumented people and their inability to access health care.
May 21, 2014 • By ITEP Staff
This issue brief from the Fiscal Policy Center at Connecticut Voices for Children identifies a feature of the Connecticut tax system that effectively penalizes households with children, relative to households without kids. Across the country, nearly all states that have enacted an income tax have also enacted some form of tax exemption, deduction or credit […]
May 19, 2014
“Editorial, May 18, 2014 Faced with growing budget deficit partially of its own making, the Corbett administration likely will retreat from its previously planned 3.7 percent increase in state spending this election year and move instead to cut about $800 million from its tentative budget proposal. It’s not yet known whether that will mean a […]