HB 2653 would only exacerbate the regressive nature of Hawai’i’s state and local tax system and compound the preferential treatment of income derived from wealth.
Miles Trinidad
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ITEP Work in Action April 9, 2024 ITEP’s Miles Trinidad Testifies Against Weakening Hawai’i’s Estate Tax
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blog March 20, 2024 States Move to Tax the Top in 2024
These forward-thinking states are demonstrating the wide variety of options for policymakers who want to raise more from the wealthiest people, rein in corporate tax avoidance, create fair tax codes and build strong communities.
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ITEP Work in Action February 12, 2024 Audio: ITEP’s Miles Trinidad Talks About Oregon’s Upside-Down Tax Code
We’re talking taxes today on Policy for the People, specifically from the vantage point of the Oregonians with the fewest resources, those who are struggling the most to make ends meet. In our first segment, we hear about a brand new tax credit in Oregon designed to shore up the lowest-income families with young children in our state. Tyler Mac Innis of the Oregon Center for Public Policy explains who qualifies for the Oregon Kids’ Credit and why the creation of this new tax credit is a very good thing. But despite the positive development that the Oregon Kids’ Credit represents, Oregon’s tax system as a whole is one that continues to weigh more heavily on the lowest income families than anyone else. Miles Trinidad of the Institute on Taxation and Economic Policy discusses the recently released report Who Pays? (https://itep.org/whopays-7th-edition/)
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blog January 18, 2023 State Lawmakers Should Break the 2023 Tax Cut Fever Before It’s Too Late
Despite mixed economic signals for 2023, including a possible recession, many state lawmakers plan to use temporary budget surpluses to forge ahead with permanent, regressive tax cuts that would disproportionately benefit the wealthy at the expense of low- and middle-income households. These cuts would put state finances in a precarious position and further erode public investments in education, transportation and health, all of which are crucial for creating inclusive, vibrant communities where everyone, not just the rich, can achieve economic security and thrive. In the event of an economic downturn, these results would be accelerated and amplified.
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blog January 18, 2023 Momentum Behind State Tax Credits for Workers and Families Continues in 2023
Refundable tax credits are an important tool for improving family economic security and advancing racial equity, and there is incredible momentum heading into 2023 to boost two key state credits: the Child Tax Credit and the Earned Income Tax Credit.