Institute on Taxation and Economic Policy (ITEP)

New Jersey

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Sales Tax Holidays Miss the Mark When it Comes to Effective Sales Tax Reform

• By Marco Guzman

Nineteen states have sales tax holidays on the books in 2024. These suspensions combined will cost states and localities over $1.3 billion in lost revenue this year. Sales tax holidays are poorly targeted and too temporary to meaningfully change the regressive nature of a state’s tax system.

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State and Local Tax Contributions by Undocumented Immigrants

• By ITEP Staff

Undocumented immigrants pay taxes that help fund public infrastructure, institutions, and services in every U.S. state. Nearly 39 percent of the total tax dollars paid by undocumented immigrants in 2022 ($37.3 billion) went to state and local governments.

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Study: Undocumented Immigrants Contribute Nearly $100 Billion in Taxes a Year

• By ITEP Staff

Contact: Jon Whiten (jon@itep.org) Immigration policies have taken center stage in public debates this year, but much of the conversation has been driven by emotion, not data. A new in-depth study from the Institute on Taxation and Economic Policy aims to help change that by quantifying how much undocumented immigrants pay in taxes – both […]

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Tax Payments by Undocumented Immigrants

• By ITEP Staff

Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase.

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Five Tax Takeaways from 2024 State Legislative Sessions 

• By Aidan Davis

Major tax cuts were largely rejected this year, but states continue to chip away at income taxes. And while property tax cuts were a hot topic across the country, many states failed to deliver effective solutions to affordability issues.

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Improving Refundable Tax Credits by Making Them Immigrant-Inclusive

• By Emma Sifre, Marco Guzman

Undocumented immigrants who work and pay taxes but don't have a valid Social Security number for either themselves or their children are excluded from federal EITC and CTC benefits. Fortunately, several states have stepped in to ensure undocumented immigrants are not left behind by the gaps in the federal EITC and CTC. State lawmakers should continue to ensure that immigrants who are otherwise eligible for these tax credits receive them.

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State Rundown 7/11: Mansion Taxes in the Spotlight

• By ITEP Staff

While Massachusetts legislators recently dropped a real estate transfer tax from their major housing bill, the District of Columbia council sent a budget to the mayor that includes a mansion tax that would increase the tax rate on properties valued over $2.5 million. Meanwhile, lawmakers in New Jersey and South Carolina continue to, respectively, raise and reduce needed revenues.

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State Rundown 6/26: Summer Special Sessions Are In, Anti-tax Ballot Initiatives Out

• By ITEP Staff

Many families are heading out on summer vacations, but legislators across the country are heading back to statehouses for special sessions...

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States Should Enact, Expand Mansion Taxes to Advance Fairness and Shared Prosperity

• By Carl Davis, Erika Frankel

The report was produced in partnership with the Center on Budget and Policy Priorities and co-authored by CBPP’s Deputy Director of State Policy Research Samantha Waxman.[1] Click here to use our State Mansion Tax Estimator A historically large share of the nation’s wealth is concentrated in the hands of a few, a reality glaring in […]

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Better Tax Codes Help Boost Teacher Pay

• By Alex Welch

There are a variety of factors that affect teacher pay. But one often overlooked factor is progressive tax policies that allow states to raise and provide the funding educators and their students deserve.

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State Rundown 5/15: The Merry Merry Month of May(be)

• By ITEP Staff

Uncertainty abounds in state tax debates lately...

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State Rundown 4/24: It’s Crunch Time

• By ITEP Staff

Many state legislative sessions are wrapping up...

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Tax History Matters: A Q&A with Professor Andrew Kahrl, Author of ‘The Black Tax’

• By Brakeyshia Samms

In his new book, The Black Tax: 150 Years of Theft, Exploitation, and Dispossession in America, Professor Andrew Kahrl walks readers through the history of the property tax system and its structural defects that have led to widespread discrimination against Black Americans.

New Jersey Policy Perspective: New Immigrants Drive Economic Growth in New Jersey

• By ITEP Staff

New Jersey’s fundamental strength lies in the rich tapestry of people who call the Garden State home, reflecting a diverse range of cultures and backgrounds. Nearly one in four residents (2.2 million) are immigrants,[i] who play a pivotal role in shaping the state’s identity. Immigrants bring a wealth of skills and talents that enrich New Jersey’s arts, cuisine, and entertainment, add to the intellectual achievements across various fields, and play essential roles in the private and…

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Fairness Matters: A Chart Book on Who Pays State and Local Taxes

• By ITEP Staff

State and local tax codes can do a lot to reduce inequality. But they add to the nation’s growing income inequality problem when they capture a greater share of income from low- or moderate-income taxpayers. These regressive tax codes also result in higher tax rates on communities of color, further worsening racial income and wealth divides.

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State Rundown 3/28: Tax Cut Madness, But Our Brackets Bet on Tax Fairness

• By ITEP Staff

While madness is typically reserved for basketball in March, several high-profile, regressive tax cuts are making their way through state legislatures this week...

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State Rundown 3/20: Investments Over Cuts

• By ITEP Staff

Over the past week Utah continued its slow march toward a more inequitable tax code...

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States Move to Tax the Top in 2024

• By Marco Guzman, Miles Trinidad

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.  

ITEP’s Marco Guzman Testifies in Favor of Tax Fairness Bills in Connecticut

• By Marco Guzman

Good afternoon, Senator Fonfara, Representative Horn, and members of the Committee, and thank you for this opportunity to testify. My name is Marco Guzman and I'm a senior policy analyst with the Institute on Taxation and Economic Policy, or ITEP, and we’re a nonprofit research organization that focuses on state, local, and federal tax policy issues. 

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State Rundown 3/6: Tax Cuts Aren’t Forever, or for Evers

• By ITEP Staff

Anti-tax interests finally found the end of the tax cutting appetite in a few states this week...

ITEP’s Kamolika Das Testifies on Pennsylvania’s Upside-Down Tax Code

• By Kamolika Das

Below is written testimony delivered by ITEP Local Policy Director Kamolika Das before the Pennsylvania House Finance Subcommittee on Tax Modernization & Reform on March 1, 2024. Good afternoon and thank you for this opportunity to testify. My name is Kamolika Das, I live in South Philly, and I’m the Local Tax Policy Director at […]

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State Rundown 2/28: States Keep Busy While Washington Stalls

• By ITEP Staff

State legislative sessions are in full swing with New Jersey and Oklahoma both particularly active this week...

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The ‘Low-Tax’ Lie: States Hyped for Low Taxes Usually Only Low-Tax for the Rich

• By Jon Whiten

It’s hard to go a week without seeing a politician or a news article hype up a state as the place that everyone is moving to – or should move to – because of low taxes. However, there’s a big problem with these proclamations: they aren’t true.  

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State Rundown 1/26: Wealth Taxes Drawing Interest Early in Legislative Sessions

• By ITEP Staff

Bills are moving and state legislative sessions are picking up across the country, giving elected officials the opportunity to consider two distinct paths when it comes to tax policy...

State Tax Watch 2024

• By ITEP Staff

Updated July 15, 2024 In 2024, state lawmakers have a choice: advance tax policy that improves equity and helps communities thrive, or push tax policies that disproportionately benefit the wealthy, drain funding for critical public services, and make it harder for low-income and working families to get ahead. Despite worsening state fiscal conditions, we expect […]