Institute on Taxation and Economic Policy

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report   August 7, 2009

Recent Assertions about State Tax Increases Don’t Hold Much Water [Revised Aug 7, 2009]

A more careful examination of Internal Revenue Service (IRS) data for the period from 1997 to 2006 reveals a far different picture, however. They show that the number of “rich”…
report   July 9, 2009

Testimony before the Maryland Business Tax Commission

Consequently, combined reporting represents the most comprehensive option available to states seeking to halt the erosion of their corporate tax bases and to curtail corporate tax avoidance. It ensures that…
report   June 15, 2009

Serious Problems, Stark Choices

Kentucky’s tax system currently faces two serious problems. The first – and most immediate – is that Kentucky’s tax system is insufficient, as it fails to produce enough revenue to…
report   May 28, 2009

Kentucky Forward Press Conference – ITEP Statement on Progressive Tax Reform

As Kentucky grapples with the news of a potential $1 billion budget shortfall, there are good reasons for state lawmakers to turn to progressive tax reform instead of resorting to…
report   May 21, 2009

ITEP Testimony on Corporate Tax Reform before the New York State Senate Select Committee on Budget and Tax Reform

The stated purpose of this hearing is to evaluate the impact of New York’s business taxes on equity and economic growth. These are laudable concerns: the most basic questions to…
report   May 15, 2009

Ready, Set, Reform – How the Income Tax Can Help Make the Illinois Tax System Fairer and More Sustainable

The Illinois tax system faces a crisis of both adequacy and equity. The state must confront a projected $11.6 billion budget shortfall over the next two fiscal years that will…
report   May 1, 2009

Analysis of HJR 36 “Fair” Tax Plan

Earlier this week, the Missouri Senate Ways and Means Committee held a hearing on House Joint Resolution 36, which would eliminate the state’s individual and corporate income taxes while increasing…
report   April 23, 2009

Fact Sheet on HB64 Income Tax Proposal

Missouri House Bill 64 would change the state’s personal income tax in three important ways: • Expand the starting point for the 6 percent top income tax bracket from $9,000…
report   April 23, 2009

Fact Sheet on SB71 Proposed Income Tax Rate Cut

This policy brief examines the impact of the principal tax change in House Committee Substitute for Senate Bill 71, which would decrease each of the state’s income tax rates by…
report   April 7, 2009

Budget Hikes Taxes on Low-Income Families to Pay for High-End Capital Gains Cuts

On Friday, April 3, the Georgia General Assembly passed a budget for fiscal year 2010 that includes a major new tax cut (an exclusion for long-term capital gains income) and…
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