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October 25, 2023
On Corporate Tax Avoidance, Critics Take Aim at ITEP – and Miss
In identifying companies that avoid taxes, ITEP presented evidence that our federal corporate income tax was not working the way most Americans think it should work. The public and lawmakers paid attention, including President Biden who then made the case that this demonstrated the need for reform. As a result, Congress enacted the corporate minimum tax, to make the tax system a bit closer to what most Americans want it to be. If you look closely at this, you might just see an example of democracy working.
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October 24, 2023
Intuit Receives Millions in Federal Subsidies While Arguing IRS Direct File Would Be Too Costly
The tax preparation industry has for years lobbied to prevent the IRS from providing a tool that would allow Americans to file their taxes online… -
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October 24, 2023
2023's State and Local Tax Ballot Measures: Voters to Weigh in on Property Taxes, Wealth Taxes, and More
Even in this slow year for candidate elections, the decisions that voters in states and cities make could strengthen or weaken revenue for needs in their communities and could change how taxes are distributed across the income spectrum. In the places where tax fairness is on the ballot, much is at stake.
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October 19, 2023
Eliminating Indiana’s Income Tax Would Jeopardize Public Services & Create a Windfall for the Well-Off
Meaningful investments in Indiana’s future require a smart, and fair, tax code that recognizes current economic realities and can raise a sustainable stream of funding from those most able to pay.
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October 17, 2023
Large and Growing Tax Gap Underscores the Need to Adequately Fund the IRS
New figures released show the difference between what Americans paid and owed in taxes grew to $688 billion in 2021, a significant jump from previous estimates. This new data underscores that last year’s boost to IRS funding under the Inflation Reduction Act was absolutely necessary and should be protected by lawmakers.
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October 17, 2023
The Moore Case Before the U.S. Supreme Court Could Widen the Racial Wealth Gap
Moore v. United States, already a cause for concern for tax lawyers, could create more barriers for racial equity advocates working to reverse the economic plight of many households of color.
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October 12, 2023
State Rundown 10/12: Tax Policy Debates Don’t Just Happen in the Statehouse
It may be the off-season for state legislatures, but tax policy changes could soon emerge from the ballot box or the courts. Advocates in Arkansas want voters to decide the future of taxing diapers and feminine hygiene products, and supporters of public education in Nebraska are working to make sure voters have a say on the state’s school choice tax credit. Meanwhile, cannabis firms in Missouri are suing the state over cities and counties stacking sales tax on marijuana.
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October 6, 2023
The Campaign by Democratic Former Officials to Stop Taxes on the Wealthy
One of the most attention-grabbing anti-tax campaigns at work today is called SAFE, which stands for Saving America’s Family Enterprises. But it might as well… -
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September 29, 2023
The IRS Shouldn’t Be Lawmakers’ Sacrificial Lamb
Last year, Congress reversed decades of funding cuts to the IRS to help the agency improve taxpayer services and crack down on wealthy tax cheats… -
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September 27, 2023
State Rundown 9/27: Some States are Looking to Paint the Budgets Red
When it comes to investments, state lawmakers across the country are positioning their states to be in the red as they pass or debate further tax cuts that will overwhelmingly benefit the wealthy – and some states are now adding an additional coat of red paint…
