August 20, 2002 • By ITEP Staff
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The current fiscal shortfall represents a shortterm challenge to Illinois lawmakers—but it also provides an opportunity for lawmakers to craft tax reform solutions that will ensure the longterm solvency of Illinois state and local governments. We hope this report will prove useful to both the policy makers and the citizens of Illinois as they seek […]
In April of 2001, Alabama legislators considered a pair of bills, HB 577 and HB 578, designed to modify the state’s personal income tax structure by creating a state Earned Income Tax Credit while increasing the state’s standard deduction and personal exemption. The bills also would have eliminated a deduction for federal personal income taxes […]
October 13, 2000 • By ITEP Staff
Examining economic growth rates before and after a single policy change without attempting to control for other causal factors is not an exercise which should be taken seriously. The impact of tax law changes on economic growth is, rightly, a topic of great interest. But Dye’s analyses add precisely nothing to our understanding of the […]
October 5, 2000 • By ITEP Staff
Oregon is one of nine states that currently allow taxpayers to claim federal income taxes paid as a deduction on personal income tax forms. Under current law, Oregon taxpayers can deduct up to $3,000 of federal personal income tax on their Oregon tax returns. This analysis assesses the impact of two possible changes to the […]
The Commission on Virginia’s State and Local Tax Structure for the 21st Century has an opportunity to offer a vision for equitable and sensible reform. Equity, simplicity and the interaction of the state’s tax system with the federal tax system should be critical components of this vision. Read the Full Report (PDF)
The state of Louisiana is currently facing a substantial budget shortfall. Recent estimates suggest that legislators crafting the state’s fiscal year 2001 state budget must make up almost $5401 million in revenues through budget cuts or tax increases. Among the more prominent revenue-raising solutions recently under discussion have been an extension of the state’s “temporary” […]
The Institute on Taxation and Economic Policy (ITEP) has analyzed the proposed “Virginia Children’s Educational Opportunity Act 2000” (H.B. 68 and S.B. 336), to measure the effects of the bill’s proposed tuition subsidies on Virginia families with children by income group. H.B. 68 and S.B. 336 would provide Virginia parents with children in kindergarten though […]
In 1996, the Institute on Taxation and Economic Policy released a report entitled Who Pays? A Distributional Analysis of the Tax Systems in All 50 States.1 One of the findings of the study was that in 1995, Alabama had a regressive tax structure— that middle- and low-income Alabamians paid a higher share of income in […]
The Institute on Taxation and Economic Policy today released an analysis showing that states with high income tax burdens have experienced more rapid economic growth than states with low income tax burdens during the past two decades. The ITEP report, released in response to a recent Cato Institute analysis of the impact of a Tennessee […]