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blog
March 31, 2017
Tax Justice Digest: Offshore Cash, Gas Tax and BAT
In the Tax Justice Digest we recap the latest reports, blog posts, and analyses from Citizens for Tax Justice and the Institute on Taxation and… -
blog
March 30, 2017
A Comparative Analysis: Tax Rates Paid by Companies for and Against the Border Adjustment Tax
It’s often noted that corporate tax reform is difficult, in part, because it creates so many winners and losers. As Congress turns its attention to… -
blog
March 29, 2017
Seeking the Right Balance in Alaska
It’s been a little over a year since Alaska Gov. Bill Walker proposed implementing a state personal income tax for the first time in 35 years,… -
blog
March 29, 2017
The April Fool's Joke Is on Consumers: April 1 Marks Record-Breaking Procrastination on Federal Gas Tax Policy
It’s only appropriate that April 1 will mark a new milestone in foolish federal transportation infrastructure policy. On Saturday, the nation’s federal gasoline tax rate… -
blog
March 29, 2017
State Rundown 3/29: More States Looking to Raise or Protect Revenues Amid Fiscal and Federal Uncertainty
This week we see West Virginia, Georgia, Minnesota, and Nebraska continue to deliberate regressive tax cut proposals, as the District of Columbia considers cancelling tax… -
blog
March 28, 2017
The $767 Billion Money Pot Driving Tax Reform
With the failure of legislation to repeal the Affordable Care Act, the Trump administration and Republicans lawmakers are moving on to corporate tax reform. At… -
report
March 28, 2017
Assessing the Distributional Consequences of Alaska's House Bill 115 (Version L)
This report contains ITEP’s analysis of the distributional and revenue consequences of the revised version of House Bill 115 (Version L) as proposed on March 23, 2017. This proposal would reduce Alaska’s Permanent Fund Dividend (PFD) payout and implement a personal income tax based on a modified version of Federal Adjusted Gross Income, with rates ranging from 0 to 7 percent. The analysis was produced using ITEP’s Microsimulation Tax Model.
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report
March 28, 2017
Fortune 500 Companies Hold a Record $2.6 Trillion Offshore
All told, Fortune 500 corporations are avoiding up to $767 billion in U.S. federal income taxes by holding more than $2.6 trillion of “permanently reinvested” profits offshore. In their latest annual financial reports, 29 of these corporations reveal that they have paid an income tax rate of 10 percent or less in countries where these profits are officially held, indicating that most of these profits are likely in offshore tax havens.
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blog
March 24, 2017
What to Watch in the States: State Earned Income Tax Credits (EITC) on the Move
While every state’s tax system is regressive, meaning lower income people pay a higher tax rate than the rich, some states aim to improve tax… -
blog
March 23, 2017
Taxing the Gig Economy
Our ever-changing economy demands that lawmakers update our tax laws to keep pace. Take, for example, the growth of online sales. As recently as six…
