March 3, 2015 • By ITEP Staff
“A recent study by the Institute on Taxation and Economic Policy named Pennsylvania the sixth most unfair state and local tax system for low- to moderate-income families. The recommendations we are making today not only raise sustainable revenue for critical services like education and health care, but also make our tax system fairer for all […]
January 21, 2015 • By ITEP Staff
Pennsylvania’s ranking worsened on a biennial report card measuring the fairness of state and local taxes, according to a study released today by the Institute on Taxation and Economic Policy and the Pennsylvania Budget and Policy Center. Middle-income Pennsylvanians pay two times more in taxes as a share of income than the wealthiest earners, and […]
January 20, 2015 • By ITEP Staff
The newly released 2015 “Who Pays” report from the nonprofit Institute on Taxation and Economic Policy found Pennsylvania has the sixth-most-inequitable tax system in the nation. Combining the total burdens of sales, property and income taxes, the report found the top 1 percent of earners pay 4.2 percent of their income in taxes. The lowest […]
January 16, 2015 • By ITEP Staff
A new report finds Pennsylvania remains on a list of the “Terrible 10” states with the most regressive tax policies. The non-partisan Institute for Taxation and Economic Policy finds that the poorest residents pay nearly three times what the wealthy pay in taxes as a share of income. Middle-income earners pay twice as much as […]
January 16, 2015 • By ITEP Staff
“A new report finds Pennsylvania remains on a list of the “Terrible 10” — states with the most regressive tax policies. The non-partisan Institute for Taxation and Economic Policy finds that the poorest residents pay nearly three times what the wealthy pay in taxes as a share of income. Middle-income earners pay twice as much […]
January 16, 2015 • By ITEP Staff
As legislative leaders in Harrisburg refuse to implement a tax on Marcellus Shale gas extraction and to close tax loopholes for wealthy interests, a new study reveals the consequences of such policy. The Institute on Taxation and Economic Policy, a nonpartisan think tank, has conducted an analysis of all 50 states and found that Pennsylvania’s […]
January 16, 2015 • By ITEP Staff
“A new report finds Pennsylvania remains on a list of the “Terrible 10” states with the most regressive tax policies. The nonpartisan Institute for Taxation and Economic Policy finds that the poorest residents pay nearly three times what the wealthy pay in taxes as a share of income. Middle-income earners pay twice as much as […]
January 16, 2015 • By ITEP Staff
“As legislative leaders in Harrisburg refuse to implement a tax on Marcellus Shale gas extraction and to close tax loopholes for wealthy interests, a new study reveals the consequences of such policy. The Institute on Taxation and Economic Policy, a nonpartisan think tank, has conducted an analysis of all 50 states and found that Pennsylvania’s […]
January 16, 2015 • By ITEP Staff
“You will be shocked – shocked! – to learn that in Pennsylvania, state and local taxes are a much heavier burden on the poor and middle class than they are on the wealthiest residents. The poorest fifth of non-elderly Pennsylvania families pay 12 percent of their income in state and local taxes, according to The […]
September 17, 2014 • By ITEP Staff
In 2009, the Pennsylvania Department of Transportation cancelled a number of drivers’ licenses across the state to comply with a 2002 law change. Their justification was that the licenses were flagged in their databases as possibly fraudulent. For many of these licenses, the reason they appeared fraudulent was that they had been issued to people […]
September 17, 2014 • By ITEP Staff
The growing concentration of income among the richest Americans has made it tougher for states to fund their budgets, because of the way most states fund public services, writes Gabriel J. Petek, San Francisco-based primary credit analyst for Standard & Poor’s Rating Services. Separately, WalletHub, a Washington-based consumer credit data service owned by ex-Capital One […]
August 28, 2014 • By ITEP Staff
By Tom Davidson, The city still bustles with traffic now and then, although most of it’s just passing through town. On Thursday afternoon, Mayor Dwan Walker and City Manager Sam Gill took a drive through Aliquippa, starting at what they call the east end corridor between the Ohio River and Route 51 where the Jones […]
May 19, 2014 • By ITEP Staff
“Editorial, May 18, 2014 Faced with growing budget deficit partially of its own making, the Corbett administration likely will retreat from its previously planned 3.7 percent increase in state spending this election year and move instead to cut about $800 million from its tentative budget proposal. It’s not yet known whether that will mean a […]
April 15, 2014 • By ITEP Staff
With the deadline for filing state and federal tax returns upon us, the Pennsylvania Budget and Policy Center has put together the following resources to help you understand what your tax dollars support and why it is so important that we close corporate tax loopholes at the state and federal level. Read the Full Report
March 27, 2014 • By ITEP Staff
(Original Post) Posted: Thursday, March 27, 2014 12:15 am By Joe Frederick The Republicans have been in complete control of Harrisburg since 2011. The governor is a Republican, and both the state House and the state Senate have Republican majorities (and there are no filibusters in the Pennsylvania Constitution). So what have they done with […]
March 20, 2014 • By ITEP Staff
Many profitable Fortune 500 companies including Pennsylvania-based PPL, H.J. Heinz, Airgas, Allegheny Technologies, Hershey, and Comcast are paying little or nothing in state income taxes thanks to loopholes, tax breaks, and crafty accounting, according to a new report from the Institute on Taxation and Economic Policy (ITEP) and Citizens for Tax Justice (CTJ). Read the […]
February 27, 2014 • By ITEP Staff
A comprehensive five-year study of 288 highly profitable Fortune 500 companies finds that 111 of them, including six based in Pennsylvania, paid no federal corporate income tax in at least one of the last five years. Overall, one-third of the corporations studied paid a U.S. tax rate of less than 10 percent over the five-year […]
July 11, 2013 • By ITEP Staff
With the cost to revamp immigration law looming large in the national debate, the Institute on Taxation and Economic Policy (ITEP), a left-of-center nonprofit in Washington, released a study Wednesday that estimates big gains in state and local taxes if undocumented immigrants were allowed to work legally. The study estimated that New Jersey would […]
July 10, 2013 • By ITEP Staff
Original Post July 10, 2013By Ann Marie Awad Audio File at the link Immigration legislation pending in Congress could boost revenue for New Jersey, Pennsylvania and Delaware, according to a study released today by the nonpartisan Institute on Taxation and Economic Policy (ITEP). ITEP Executive Directer Matt Garder says those who crossed the border illegally […]
March 26, 2013 • By ITEP Staff
(Original Post) The Institute on Taxation and Economic Policy recently released a study of taxing policies in all 50 states. It found that the tax system in every single state is unfair. It also concluded that some states are more unfair than others. Guess which one comes up in what the institute calls, “The Terrible […]
February 1, 2013 • By ITEP Staff
(Original Post) February 1, 2013 5:33 AM By Kim Glovas PHILADELPHIA (CBS) – A new study on taxes shows Pennsylvania has the distinction of being in the “Terrible Ten”, the ten worst states in terms of tax equity. The study by the Institute on Taxation and Economic Policy says Pennsylvania families earning less than $19,000 […]
January 31, 2013 • By ITEP Staff
(Original Post) When everybody comes out to vote, (i.e. presidential elections) Pennsylvania’s a blue state. And at least in certain pockets, it behaves much like the northeastern liberal states the surround it, like New Jersey, Maryland, and New York. When it comes to taxation, however, it looks a lot more like Texas or Alabama. According […]
January 30, 2013 • By ITEP Staff
(Original Post) Pennsylvania’s crazy regressive tax code is an issue I think it would be worth picking a Constitutional amendment fight over: Pennsylvania is one of the “Terrible Ten” states with the most regressive tax structures nationwide, hitting the poor hardest while taking the least from the rich, according to a new report from […]
January 30, 2013 • By ITEP Staff
(Original Post) Jan 30, 2013, 1:27pm EST Staff Philadelphia Business Journal Pennsylvania is among the 10 states with the most regressive tax systems in the United States, the Institute on Taxation and Economic Policy says. The group says families in the state earning less than $19,000 a year pay a higher percentage of their incomes, […]
January 30, 2013 • By ITEP Staff
POSTED: Wednesday, January 30, 2013, 10:39 AM Follow on Twitter @DanielDenvir Pennsylvania is one of the “Terrible Ten” states with the most regressive tax structures nationwide, hitting the poor hardest while taking the least from the rich, according to a new report from the liberal Pennsylvania Budget and Policy Center (PBPC) and the Institute on […]