Carl Davis
Carl Davis is the research director at ITEP, where he has worked since 2008. Carl works on a wide range of issues related to both state and federal tax policy. He has advised policymakers, researchers, and advocates on tax policy issues in nearly every state. Much of his work relates to the link between taxes and economic growth, and the shortcomings of dynamic scoring and supply-side economic theories.
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media mention July 14, 2020 Law 360: State And Local Tax Policy To Watch In The 2nd Half Of 2020
As states grapple with refilling their coffers in response to the COVID-19 pandemic, tax policy debates in the second half of 2020 could center on revisiting conformity to the federal… -
media mention June 14, 2020 Crain’s New York Business: Legalizing Marijuana Can’t Cure Inequality, But It Will Ease Budget Crisis
My methodology is informed by the work of Carl Davis, research director at the Institute on Taxation and Economic Policy, who recently published a thoughtful blog post on per-capita cannabis excise tax… -
media mention June 5, 2020 POLITICO: States Move Cautiously in Contending With Huge Budget Gaps
“This crisis is still in its very early stages,” said Carl Davis of the Institute on Taxation and Economic Policy. Davis noted that the last recession began in December 2007,… -
media mention April 16, 2020 Politico Morning Tax: We Are Shut Down
In any event, there’s also agreement across the political spectrum that those six states should get rid of those policies. “That would fix this particular issue and could generate revenue… -
media mention March 12, 2020 The Sacramento Bee: Trump has big plans for California highway repair, but no plan to pay for it
While there’s no way to know how much states increases would be curbed if federal taxes were higher, if at all, Carl Davis, research director at Washington, D.C., Institute on… -
media mention March 11, 2020 Politico: That’s a lot of tax relief
Just looking at sales and excise taxes, the eight states where recreational pot was legal in 2019 raised close to $2 billion in revenue, according to Carl Davis of the… -
media mention February 25, 2020 The Chicago Tribune: Recreational marijuana sales in Illinois generated more than $10 million in tax revenue in January
Many dispensaries continue to sell recreational marijuana only on certain days of the week or for restricted hours. Though greater volumes of product continue to filter into the market from… -
media mention February 6, 2020 Politico: Cloudy Forecast for Tax Law Fixes
DECOUPLING DEDUCTIONS: Two-thirds of states with property tax deductions set a $10,000 ceiling along the lines of the TCJA’s cap on federal deductions for state and local taxes, according to… -
media mention February 3, 2020 Bond Buyer: IRS SALT regulation allows loophole for pass-through businesses
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media mention January 24, 2020 Politico: The Power of Semantics
States’ use of tax incentives to lure the filming of movies and television shows is one of those policy ideas that experts of basically all political persuasions are against —… -
media mention December 16, 2019 Chicago Tribune: What Happens to the Weed Black Market when Recreational Marijuana Goes Legal Jan. 1? ‘I See It Opening the Door to More Clients,’ One Dealer Says.
Stores selling recreational marijuana will be allowed to operate between 6 a.m. and 10 p.m., though operating hours vary by dispensary. Whether stores truly are convenient will depend on how… -
media mention November 26, 2019 CNBC: Blue States File Appeal in Legal Battle Over SALT Tax Deductions
Whether the final rule will ultimately deter people from donating to these funds remains to be seen. “If you’re really passionate about private school vouchers in Georgia, you donate and… -
media mention October 14, 2019 POLITICO: Cannabis was supposed to be a tax windfall for states. The reality has been different.
In all, five of the nine states that have set up tax systems for legalized marijuana employ cultivation levies on growers, while all but Alaska charge an excise tax specifically… -
media mention October 14, 2019 POLITICO: Cannabis Was Supposed to Be a Tax Windfall for States. The Reality Has Been Different.
In all, five of the nine states that have set up tax systems for legalized marijuana employ cultivation levies on growers, while all but Alaska charge an excise tax specifically… -
media mention September 30, 2019 CNBC: New York Judge Dismisses Blue State Suit Over SALT Tax Deductions
Whether the final rule will ultimately deter people from donating to these funds remains to be seen. “If you’re really passionate about private school vouchers in Georgia, you donate and… -
media mention August 23, 2019 NPR: California Says Its Cannabis Revenue Has Fallen Short Of Estimates, Despite Gains
“After adjusting for population, the Golden State raised the second-least amount of revenue from cannabis taxes during the second quarter among states with legal sales, ahead of only Massachusetts,” according… -
media mention August 21, 2019 Politico Morning Tax: Moderately Short
In all, the Congressional Research Service found in 2016 that the seven states collect some $563 million a year in taxes on internet access, and some experts worry that the… -
media mention August 12, 2019 Here and Now: The Impact of Company Tax Breaks on Cities
On this nationally syndicated radio program, ITEP research director Carl Davis describes why cities and states should reconsider doling out tax breaks to corporations in exchange for promised economic development… -
media mention August 8, 2019 Associated Press: Oil Unease: Alaska Faces Tough Budget Decisions
Carl Davis, research director with the Washington, D.C.-based Institute on Taxation and Economic Policy, said cutting the dividend is regressive, hitting lower-income families particularly hard. He sees no conflict between… -
media mention July 27, 2019 Chattanooga Times Free-Press: Yet Again, Tennessee Combined State, Local Sales Tax Rates Nation’s Highest
While the sales tax is the workhorse of Tennessee’s budget, it’s also seen by critics as a “regressive tax” in that it takes a larger percentage of income from the… -
media mention July 25, 2019 Filter: Kamala Harris Cannabis Legalization Bill Is Also About Immigrant Justice
While some critics, like Carl Davis, the research director of the Institute on Taxation and Economic Policy, argue that Harris’s bill would just be a tax-cut for Big Marijuana, the… -
media mention July 24, 2019 Politico: Taxing the Pot
So how might this actually be a tax cut? By removing marijuana from the controlled substance list, Harris and Nadler would also make legitimate businesses eligible to deduct routine business… -
media mention July 24, 2019 Anchorage Daily News: As Alaska’s Budget Uproar Rolls on, a Top Dunleavy Adviser Has Seen It Before
Arduin, Laffer & Moore has been criticized by economists for what some see as less than rigorous methods. One Oklahoma study on eliminating the state’s personal income tax produced by… -
media mention July 23, 2019 KCBS: Kamala Harris’ Pot Proposal Would Reduce Tax Revenue, Expert Predicts
Harris’ proposal would impose a 5% federal tax on pot to pay for new social justice program. Her legislation would also extend significant income tax deductions that have been unavailable to… -
media mention July 17, 2019 CNBC: Blue states file suit against IRS over rules on SALT workarounds
Whether the final rule will ultimately deter people from donating to these funds remains to be seen. “If you’re really passionate about private school vouchers in Georgia, you donate and…