New Jersey
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media mention January 3, 2017 New Jersey Spotlight: Income Inequality and Policy in New Jersey
“Some background. The CPBB’s report, “How State Tax Policies Can Stop Increasing Inequality and Start Reducing It,” starts by ranking the various states according the ratio of average income for… -
media mention December 2, 2016 Bloomberg BNA: For Better or for Worse? Tax Policy Changes in New Jersey
“But gas taxes are also highly regressive, falling most heavily on low- and middle-income families. In this case, an analysis using the Institute on Taxation and Economic Policy microsimulation model… -
media mention November 7, 2016 Yahoo! Finance: New Jersey just hiked its gas tax by 159%. Is your state next?
“Of course, New Jersey isn’t the only state that has or is toying with raising gasoline taxes. Georgia, Idaho, Iowa, Kentucky, Michigan, Nebraska, North Carolina, South Dakota, Utah, and Washington… -
media mention November 3, 2016 BNA State Tax: Extras on excise: New Jersey fuel taxes are going up in the world
“New Jersey isn’t the only state that has seen a gas tax increase in recent years. Nineteen states and D.C. have seen gas tax changes in the past three years,… -
media mention November 1, 2016 Fox Business: New Jersey Gas Tax Hike: Will Your State Be Next?
“‘Many other states are facing similar issues, but haven’t raised the gas tax in a decade or more,’ said Carl Davis, research director at the Institute on Taxation and Economic… -
media mention October 14, 2016 CBS News: Is your state next to raise its gas tax?
“’There has been a lot of procrastination,’ said Carl Davis, research director of the Institute on Taxation and Economic Policy. ‘It’s an issue that the states cannot put off any… -
media mention October 5, 2016 Salon: Donald Trump’s tax returns show the American tax code favors the rich
“’The real estate [loophole] is a pretty clear and, I think, pretty potent example of a tax break where middle-income Americans look at it and just say, “Well, this doesn’t… -
ITEP Work in Action October 4, 2016 New Jersey Policy Perspectives: Transportation-Funding Deal Endangers New Jersey’s Future & Fails the ‘Tax Fairness’ Test
After a months-long stalemate, New Jersey’s three most powerful policymakers announced late last Friday that they’d come to an agreement on investing in the state’s transportation networks. As part of… -
media mention July 6, 2016 NJ Spotlight: Fine Print: Transportation Funding Puts Sales Tax-Cut Under Microscope
“Alarms are being sounded, however, about the proposed sales-tax cut by New Jersey Policy Perspective, a liberal think tank based in Trenton. A joint analysis by NJPP and the Institute… -
blog June 24, 2016 Weird New Jersey Tax Debates Continue
The New Jersey Legislature is considering a proposal to increase the state’s gas tax but at the same time some lawmakers are insisting that that tax increase be paired with tax cuts for the wealthiest New Jerseyans. Perhaps most bizarre is that the state is considering providing a tax cut for retirement and pension income (a move that would benefit the best-off state residents) while also weighing cuts to the revenue that funds state pensions.
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media mention June 10, 2016 Asbury Park Press: HARRISON: Fulop has best gas tax plan
“Fulop notes that our state economy is dependent upon a strong infrastructure, and a variable rate increase in the gas tax — with a low-end threshold to ensure that trust… -
media mention April 4, 2016 Union News Daily: Union County supports executive action
“Although the programs are unavailable right now, people need to start preparing documents and saving money to apply. According to the Institute on Taxation and Economic Policy, 11 million undocumented… -
media mention February 26, 2016 New Jersey 101.5: Illegal immigration: An economic drag, or a boon for NJ?
“A new report by the Institute on Taxation and Economic Policy finds New Jersey-based immigrants who are living in the country illegally pay more than half a billion dollars a… -
media mention February 26, 2016 NJ Spotlight: Taxes Paid By Undocumented Immigrants Help Fill State And Local Coffers
“Undocumented immigrants living in New Jersey contribute nearly $600 million in state and local taxes, one of the highest totals for any U.S. state, according to a new nationwide study.… -
media mention January 29, 2016 NJ Today: Lawmakers plot to stop corporate tax dodgers
“According to the Institute on Taxation and Economic Policy Analysis of SEC Filings, ExxonMobil paid a low tax rate over the past five years, and received a tax rebate from… -
ITEP Work in Action October 21, 2015 New Jersey Policy Perspective: Executive Actions on Immigration Would Help Many New Jerseyans While Boosting the Economy
President Obama’s 2014 executive actions on immigration would benefit hundreds of thousands of New Jerseyans and provide a boost to the state’s economy by allowing many undocumented residents to work… -
ITEP Work in Action October 21, 2015 New Jersey Policy Perspective: Levied on Very Few, New Jersey’s Estate and Inheritance Taxes Support Colleges, Health Care & Other Services
An effort by some lawmakers to eliminate or drastically cut taxes for a small number of New Jerseyans – a move that would deliver the greatest benefit to the state’s… -
ITEP Work in Action June 29, 2015 New Jersey Policy Perspective: Increasing the EITC Would Boost New Jersey’s Working Families
Increasing New Jersey’s Earned Income Tax Credit (EITC) to 30 percent from 20 percent of the federal EITC would provide over half a million New Jersey working families with a… -
media mention June 23, 2015 NJ Today: Lesniak & Greenstein Propose Legislation to End Corporate Welfare
To close a loophole that has allowed multistate corporations to evade their fair share of taxes in New Jersey, Senator Raymond Lesniak and Senator Linda Greenstein today introduced legislation to… -
ITEP Work in Action April 29, 2015 New Jersey Policy Perspective: Failure to Address Gas Tax Costs New Jersey Over Half a Billion Dollars a Year
New Jersey is losing out on over $500 million each year by not tying increases in transportation construction costs to increases in gas tax rates, a new national report finds.… -
ITEP Work in Action April 29, 2015 New Jersey Policy Perspective: Income Taxes Don’t Impede Economic Growth
As Gov. Chris Christie prepares to unveil the specifics of his proposed 10-percent income tax cut at next week’s budget address, he’s working under a key tenet of conservative economics:… -
ITEP Work in Action April 29, 2015 New Jersey Policy Perspective: State Treasurer Confesses: Our Job is To Protect Millionaires
In case it remained a mystery to anyone, the administration’s plan for economic growth was made clear by Treasurer Andrew Sidamon-Eristoff at a New Jersey Business and Industry Association breakfast… -
ITEP Work in Action January 26, 2015 New Jersey Policy Perspective: Tax Increase to Fund Transportation Should Be Combined with Credit to Help Low-Income Families
As New Jersey policymakers close in on a deal to boost New Jersey’s transportation funding, a bold solution that raises at least $1 billion in new revenue a year through… -
ITEP Work in Action January 21, 2015 New Jersey Policy Perspective: New Jersey’s Upside-Down Tax System
Low-income and middle-class New Jerseyans pay greater shares of their incomes in state and local taxes than wealthy residents, according to a new study released today by the Institute on… -
media mention January 20, 2015 Cherry Hiss Post Courier: NJ’s Tax System Fairer Than Most Though Still Unequal
New Jersey’s state and local tax system is fairer than most states, but low- and middle-income residents still devote a larger share of their income to taxes than the wealthy,…