Connecticut
CT Post: Former Gov. Rell switching residency to Florida
May 12, 2016
““Property taxes have been a bone of contention for the past decade in Florida,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a Washington, D.C., think tank. “Everyone seems to agree that their property taxes are too high.” The state and local sales tax in Florida can reach as high […]
Salon: The triumphs & tribulations of a “pragmatic” progressive governor: Inside the world of Dannel Malloy
May 9, 2016
“According to the Center on Budget and Policy Priorities, 69,000 Connecticuters (that’s the official term) were lifted out of poverty each year between 2011 and 2013 by the EITC. Meg Wiehe, a senior policy analyst at the Institute on Taxation and Economic Policy, produced an analysis of the tax changes for showing that Connecticut’s tax […]
Salon: The Triumphs and Tribulations of a Progressive Governor
May 7, 2016
Meg Wiehe, a senior policy analyst at the Institute on Taxation and Economic Policy, produced an analysis of the tax changes for showing that Connecticut’s tax system has become modestly more progressive since he took office. “The tax changes enacted in Connecticut in 2011 under the leadership of Governor Malloy improved the progressivity of the […]
Connecticut Voices for Children: Impact of the Governor’s, Republican, and Democrat Proposed FY 2017 Budget on Children and Families
May 2, 2016
“Following hundreds of millions in dollars of cuts to health, human services and education to close a billion dollar budget hole in Fiscal Year 2016 (FY 16), lawmakers are once again facing tough choices as they prepare to close another billion dollar deficit for Fiscal Year 2017 (FY 17), all while staring down deficits of […]
West Hartford News: Another View: Malloy’s new economic reality
April 28, 2016
“According to the Institute on Taxation and Economic Policy’s data for 2015, Connecticut residents who earned between $46,000 and $76,000 paid double the tax rate (10.7 percent) than those who earned $1.3 million or more (5.3 percent). It may be a dirty little secret, but it’s nevertheless the reality of our state; rich folks and […]
Connecticut Voices for Children: Revenue Options are Crucial to Maintaining Public Investments that Promote Prosperity
March 15, 2016
In confronting the financial crisis looming over state budget decisions, the common-sense choice for Connecticut should be a balanced approach that includes revenue, rather than a cuts-only approach that threatens an already fragile economic recovery. Read more
Hartford Courant: Letters CT Income Tax Already Progressive And Fair
March 4, 2016
“The letter “Fairer Taxes Needed” [Feb. 22] relies on the Institute on Taxation and Economic Policy to assert that Connecticut state taxes are decidedly unfair. So why not raise taxes on the wealthy even higher? But that’s not what the institute’s “Who Pays?” report shows. Even counting local property taxes, the report ranks Connecticut right […]
Undocumented Immigrants’ State & Local Tax Contributions (2016)
February 24, 2016 • By Lisa Christensen Gee, Meg Wiehe
This report was updated in March 2017 Read as a PDF. (Includes Full Appendix of State-by-State Data) Report Landing Page Public debates over federal immigration reform often suffer from insufficient and inaccurate information about the tax contributions of undocumented immigrants particularly at the state level. The truth is that undocumented immigrants living in the United […]
Hartford Courant: Letters ‘New Economic Reality’ Requires Fairer Taxes
February 22, 2016
“According to the nonpartisan Institute on Taxation and Economic Policy, Connecticut has the 26th most unfair state and local tax system in the country. According to the institute’s calculations, Connecticut’s richest 1 percent pay 5.3 percent of their income in state and local taxes, while the other 99 percent of us pay an average of […]
Hartford Courant: Teachers Call For Taxing Wealthy, Not Cutting Programs
February 22, 2016
“Basing its comments on what it said are figures from the Washington, D.C.-based Institute on Taxation and Economic Policy, the union said that Connecticut households with incomes in the top 1 percent pay 5.3 percent of their incomes in state and local taxes, while the remaining 99 percent of Connecticut residents pay an average of […]
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
The U.S. Census Bureau released data in September showing that the share of Americans living in poverty remains high. In 2014, the national poverty rate was 14.8 percent - statistically unchanged from the previous year. However, the poverty rate remains 2.3 percentage points higher than it was in 2007, before the Great Recession, indicating that recent economic gains have not yet reached all households and that there is much room for improvement. The 2014 measure translates to more than 46.7 million - more than 1 in 7 - Americans living in poverty. Most state poverty rates also held steady between…
Connecticut Voices for Children: Impact of the Final FY 2016 Budget on Children and Families
August 11, 2015
The State of Connecticut’s final FY 16 budget, improved from earlier proposals, still balances on children and families’ finite resources, this analysis finds. While funding the “Children’s Budget” – state spending on children and family services – requires only a third of overall state funding, children’s program funding reductions account for nearly ninety percent of […]
CNN Money: States Raise Sales, Cigarette Taxes
July 24, 2015
Faced with a $1 billion budget gap, Connecticut this year adopted an array of tax changes, including increasing the top income tax rate to 6.9% and adding a 6.99% rate for couples earning more than $1 million. But it also eliminated the sales tax exemption on clothing purchases of up to $50. That move, coupled […]
CNBC: Is Your State a Gas Tax Winner–Or Loser?
July 22, 2015
As states from Connecticut to California scramble to find money to fix crumbling highways, Congress once again is expected this week to put a short-term patch on the nearly insolvent federal highway trust fund. To make up the shortfall, Congress has transferred more than $53 billion from other tax revenue over the past five years, […]
Planetizen: State Gas Tax Changes Effective July 1: Six Up; One Down
July 6, 2015
Carl Davis, Research Director of the Institute on Tax and Economic Policy (ITEP) writes where gas taxes used to fund transportation infrastructure increased, if only by decimal points, and about the aberration—the six-cent plunge in California. “The largest gas tax increases are taking place in Idaho (7 cents per gallon) and Georgia (6.7 cents for […]
Read this report in PDF form Introduction For years, academics and transportation experts have been discussing the possibility of taxing drivers for each mile they travel on the nation’s roads. This “vehicle miles traveled tax” (VMT tax) could either supplement or replace the existing gas tax as the primary method of funding transportation infrastructure. To […]
The News-Herald: Amazon’s Ohio Sales Tax Collection Seen As Way To ‘Level Playing Field,’ Close Tax Loophole
June 9, 2015
Some states, however, have decided not to wait for the federal government to make the change. So far, 10 states have taken their own limited steps to expand the number of retailers that must collect sales taxes, according to the Institute on Taxation and Economic Policy. New York was first, enacting legislation in 2008 requiring […]
WNPR: Hold On: Why Don’t Corporations in Connecticut Pay (More) Tax?
June 3, 2015
Matt Gardner is director of the Institute on Taxation and Economic Policy, and he explained it this way: “If you think it’s wrong for companies to be able to shift their profits freely from state to state, on paper, without actually moving employees, without actually moving production, then this reform is a no-brainer,” he told […]
Undocumented Immigrants’ State & Local Tax Contributions (2015)
April 15, 2015 • By Matthew Gardner, Meg Wiehe
This report was updated February 2016 Read as a PDF. (Includes Full Appendix of State-by-State Data) Report Landing Page In the public debates over federal immigration reform, sufficient and accurate information about the tax contributions of undocumented immigrants is often lacking. The reality is the 11.4 million undocumented immigrants living in the United States pay billions […]
Vermont Public Radio: Business Leaders Mount Campaign Against Plan to Limit Tax Deductions
April 15, 2015
Carl Davis is a senior analyst at the Institute on Taxation and Economic Policy, a Washington, D.C., based research group that analyzes federal, state and local tax policies. Davis, who lives in Vermont, says there’s no reason to think Vermont would suffer any competitive disadvantage if it goes through with the plan. “Massachusetts, Connecticut and […]
Connecticut Voices for Children: Funding Our Future: Child and Family Friendly Revenue Options
March 18, 2015
An analysis by the Institute of Taxation and Economic Policy (ITEP) of Washington, D.C. found that adjusting top rates to the levels in the table below would impact only two percent of state taxpayers, generate $300 million in state revenue, enable taxpayers with increased state taxes to deduct $114 million from federal tax returns, leaving […]
Connecticut Voices for Children: Families First, Prosperity for All: Making Connecticut’s Tax and Benefit System More Family-Friendly
February 9, 2015
Connecticut’s tax system is uniquely unfriendly to families. Connecticut is one of only two states with an income tax that does not offer tax credits or exemptions to adjust for the cost of caring for children and other dependents. Read the full report here.
Greenwich Time: State ranks 26th for regressive taxes
January 16, 2015
Connecticut ranks 26 in a study that judges the fairness of state tax systems. According to the study, states with regressive tax structures have negative tax inequality indexes, meaning that incomes are less equal in those states after state and local taxes than before. Read more
The Day: Connecticut ranks in middle for fair taxes
January 15, 2015
Connecticut is right in the middle in a ranking of the 50 states’ tax fairness, according to an analysis by the nonpartisan Institute on Taxation and Economic Policy. Still, the wealthiest residents of the state pay only about half the rate paid by the poorest households when measuring taxes as a percent of income: 5.3 […]
