
March 7, 2016
“A new study finds that undocumented immigrants are contributing more than half a billion dollars to New Jersey’s economy. Erika Nava is an analyst for New Jersey Policy Perspective. She says undocumented immigrants in the Garden State pay $590 million in state and local taxes each year.”
February 29, 2016
“IMMIGRATION — “N.J. undocumented immigrants pay $590M in taxes, report finds,” by POLITICO’s Katherine Landergan: “Undocumented immigrants contribute more than $590 million in state and local taxes in New Jersey, according to a study released Wednesday by the Institute on Taxation and Economic Policy. The report, which was also released by the think-tank New Jersey […]
February 26, 2016
“A new report by the Institute on Taxation and Economic Policy finds New Jersey-based immigrants who are living in the country illegally pay more than half a billion dollars a year in taxes. But some argue the cost of having them here is much greater than that — and say full-time taxpayers are footing the […]
February 26, 2016
“Undocumented immigrants living in New Jersey contribute nearly $600 million in state and local taxes, one of the highest totals for any U.S. state, according to a new nationwide study. Those revenues flow into state and local coffers when undocumented immigrants pay property taxes, sales taxes and income taxes, the Institute on Economic Policy and […]
February 26, 2016
“Immigrants living illegally in the United States paid $11.6 billion in state and local taxes in 2013, including $590 million collected in New Jersey, $139 million in Pennsylvania, and $12 million in Delaware, according to a study released Wednesday by the Institute on Taxation and Economic Policy. The Washington research group said its 50-state analysis, which […]
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 […]
February 22, 2016
“The Institute on Taxation and Economic Policy counts nine states seriously considering motor fuel tax increases: Alabama, Alaska, California, Hawaii, Indiana, Mississippi, Missouri, New Jersey, and South Carolina. “Most of the gas tax increases under discussion right now would help restore at least some of the purchasing power they lost while being frozen in time […]
February 11, 2016 • By Aidan Davis, Lisa Christensen Gee, Meg Wiehe
See the 2016 Updated Brief Here Read the brief in a PDF here. that time, the EITC has been improved to lift and keep more working families out of poverty. The most recent improvements enhanced the credit for families with three or more children and for married couples. First enacted temporarily as part of the […]
January 29, 2016
“According to the Institute on Taxation and Economic Policy Analysis of SEC Filings, ExxonMobil paid a low tax rate over the past five years, and received a tax rebate from New Jersey in 2014 in the amount of $507,000. This resulted in a -5.6 percent tax rate that year.” Read more
October 21, 2015
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
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 5, 2015
“The Institute on Taxation and Economic Policy has updated its report on State Tax Codes as Poverty Fighting Tools, which examines how refundable Earned Income Tax Credits, property tax breaks, targeted low-income tax credits and child-related tax credits are working in different states. While a number of states such as California, Maine, Massachusetts, New Jersey […]
September 25, 2015
“Most illegal immigrants pay state and federal taxes, although the payments are generally credited to an account other than for the workers. In New Jersey, undocumented workers are believed to pay as much as $613 million annually in taxes, according to the Institute on Taxation and Economic Policy.” 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…
September 17, 2015 • By Aidan Davis, Lisa Christensen Gee, Meg Wiehe
Despite some economic gains in recent years, the number of Americans living in poverty has held steady over the past four years. At the same time, wages for working families have remained stagnant and more than half of the jobs created by the economic recovery since 2010 were low-paying, mostly in the food services, retail, and employment services industries. Our country's growing class of low-wage workers often faces a dual challenge as they struggle to make ends meet. First, wages are too low and growing too slowly - despite recent productivity gains - to keep up with the rising cost…
June 29, 2015
Increasing New Jersey’s Earned Income Tax Credit (EITC) to 30 percent from 20 percent of the federal EITC would provide over half a million New Jersey working families with a much-needed bump in their take-home pay while giving the state’s economy a boost. But the economic impact of the EITC goes beyond the specific amount […]
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 […]
June 23, 2015
To close a loophole that has allowed multistate corporations to evade their fair share of taxes in New Jersey, Senator Raymond Lesniak and Senator Linda Greenstein today introduced legislation to enact a “combined reporting” tax law to put an end to the “corporate shell game” that costs the state hundreds of millions of dollars in […]
April 29, 2015
New Jersey is losing out on over $500 million each year by not tying increases in transportation construction costs to increases in gas tax rates, a new national report finds. This $504.7 million currently left on the table could nearly double the annual funding for vital transportation projects across the state. Read the full report
April 29, 2015
As Gov. Chris Christie prepares to unveil the specifics of his proposed 10-percent income tax cut at next week’s budget address, he’s working under a key tenet of conservative economics: that high tax rates harm economic growth. There’s just one problem, according to a new national report by the Institute on Taxation and Economic Policy […]
April 29, 2015
In case it remained a mystery to anyone, the administration’s plan for economic growth was made clear by Treasurer Andrew Sidamon-Eristoff at a New Jersey Business and Industry Association breakfast last Tuesday. To paraphrase the treasurer, the state’s job is to protect its approximately 15,000 millionaires by cutting their taxes. Read the full report
April 20, 2015
Immigrants living in New Jersey illegally pay about $613 million a year in state and local taxes and could pay much more under proposed immigration reforms, according to a new report. The study by the Institute on Taxation and Economic Policy, a non-partisan research group in Washington, D.C., analyzed the estimated number of unauthorized immigrants […]
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 […]
March 25, 2015
On the other hand, that’s just a little higher than the 10 percent paid by low earners in the state – making New Jersey one of the most fair states in terms of how the tax burden is shared by low and high earners, according to the Institute on Taxation and Economic Policy, which supplied […]
February 20, 2015
Of course, New Jersey’s middle class and working poor are already taxed at substantial rates. However, according to a recent study by the Institute on Taxation and Economic Policy, the top one percent of families in earnings pay a state and local tax rate that is 3.6 percentage points lower than families in the bottom […]