Institute on Taxation and Economic Policy

Publication Search Results

brief   July 11, 2016

Sales Tax Holidays: An Ineffective Alternative to Real Sales Tax Reform

This brief was updated July 2018 Read this Policy Brief in PDF here. Sales taxes are an important revenue source, composing close to half of all state tax revenues.[1] But…
report   June 29, 2016

Ryan Tax Plan Reserves Most Tax Cuts for Top 1 percent, Costs $4 Trillion Over 10 Years

A new distributional analysis of Republican Speaker of the House Paul Ryan’s “A Better Way” policies finds that the plan would: • Add $4 trillion to the national debt over a…
brief   June 29, 2016

State Corporate Tax Disclosure: Why It’s Needed

Few state tax trends are as striking as the rapid decline of state corporate income tax revenues. As recently as 1986, state corporate income taxes equaled 0.5 percent of nationwide Gross State Product (GSP) (a measure of statewide economic activity). But in fiscal year 2013 (the last year for which data are available), state and local corporate income taxes were just 0.33 percent of nationwide GSP–representing a decline of over 30 percent.

report   June 28, 2016

How Long Has it Been Since Your State Raised Its Gas Tax?

An updated version of this report has been published with data through July 1, 2017. Read this Policy Brief in PDF form Many states’ transportation budgets are in disarray, in…
brief   June 2, 2016

State Treatment of Itemized Deductions

Read this Policy Brief in PDF Form Map of State Treatment of Itemized Deductions Thirty-one states and the District of Columbia allow a group of income tax breaks known as…
report   April 13, 2016

Distributional Analyses of Revenue Options for Alaska

Alaskans are faced with a stark fiscal reality. Following the discovery of oil in the 1960s and 1970s, state lawmakers repealed their personal income tax and began funding government primarily through oil tax and royalty revenues. For decades, oil revenues filled roughly 90 percent of the state’s general fund.

report   March 22, 2016

Higher Education Income Tax Deductions and Credits in the States

Read full report in PDF Download detailed appendix with state-by-state information on deductions and credits (Excel) Every state levying a personal income tax offers at least one deduction or credit…
report   February 24, 2016

Undocumented Immigrants’ State & Local Tax Contributions (2016)

This report was updated in March 2017 Read as a PDF. (Includes Full Appendix of State-by-State Data) Report Landing Page Public debates over federal immigration reform often suffer from insufficient…
report   February 23, 2016

Tennessee Hall Tax Repeal Would Overwhelmingly Benefit the Wealthy, Raise Tennesseans’ Federal Tax Bills by $85 Million

Read PDF of report. Tennessee lawmakers are giving serious consideration to repealing their state’s “Hall Tax” on investment income (so named for the state senator who sponsored the legislation creating…
brief   February 11, 2016

Rewarding Work Through State Earned Income Tax Credits

See the 2016 Updated Brief Here Read the brief in a PDF here.  that time, the EITC has been improved to lift and keep more working families out of poverty.…
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