Institute on Taxation and Economic Policy

Publication Search Results

report   May 19, 2011

ITEP’s Testimony on Combined Reporting Legislation

My testimony today examines the erosion of Rhode Island’s corporate income tax, and the multistate tax avoidance schemes that have contributed to this erosion. In addition, it discusses the single…
report   May 19, 2011

ITEP’s Testimony on Tax Expenditure Procedural Reform

My testimony today focuses on House Bill 5737, which would enact a variety of reforms designed to enhance the level of scrutiny applied to new tax credits, deductions, exemptions, and…
report   May 14, 2011

Connecticut Takes a Stand for Progressive Tax Policy and a Balanced Budget Approach

Five months into 2011, a glimmer of hope for progressive tax policy and a balanced, sensible approach to state budget woes has emerged in Connecticut. Lawmakers in all but a…
report   April 14, 2011

States Should Not Allow Amazon.com to Bully Them into Forgoing Sales Tax Reform

In just the last few weeks, Arkansas and Illinois joined New York, North Carolina, and Rhode Island in enacting legislation requiring some online retailers, like Amazon.com, to collect sales taxes…
report   April 13, 2011

ITEP’s Testimony on Sales Tax Modernization Proposal

My testimony focuses on Governor Chafee’s Sales Tax Modernization Proposal, which would generally broaden Rhode Island’s sales tax base, lower the general state sales tax rate, and raise additional revenue…
report   April 10, 2011

Don’t Give Up on Pease: States Can Decouple from Recent Federal Tax Cuts for Wealthy Itemizers

In 2011, thirty one states and the District of Columbia allow a group of income tax breaks known as “itemized deductions” (Figure 1). Itemized deductions are designed to help defray…
report   March 31, 2011

In It for the Long Haul: Why Concerns over Personal Income Tax “Volatility” Are Overblown

The precipitous drop in state tax collections during the recent recession has prompted some observers to argue that relying on volatile state taxes is a recipe for budgetary disaster. The…
report   March 24, 2011

Should Illinois Tax Retirement Income?

Earlier this month, Illinois Senate President John Cullerton suggested that limiting the state’s generous income tax break for retirement income “would just be a matter of fairness.” Senator Cullerton’s suggestion…
report   March 16, 2011

ITEP’s Testimony on EITC Legislation

My testimony focuses on House Bill 581, which would create a Missouri Earned Income Tax Credit (EITC). In particular, my testimony will discuss the impact of this bill on the…
report   March 10, 2011

Topsy-Turvy: State Income Tax Deductions for Federal Income Taxes Turn Tax Fairness on its Head

The budget outlook for state governments is bleak. Despite evidence that revenues are rebounding, there is a general acknowledgement that ?broad fiscal conditions remain fragile. The need for public investments—particularly…
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