Institute on Taxation and Economic Policy (ITEP)

Ohio

The Beacon Journal: Anxieties of the middle class

July 20, 2015

“The Kasich tax cuts produce the opposite effects. An analysis of the recently passed two-year state budget by the Institute of Taxation and Economic Policy, of Washington, D.C., for Policy Matters Ohio, a Cleveland think tank, showed tax changes benefitting the rich. Ohio residents in the top 1 percent of the income scale would see […]

Columbus Dispatch: Budget Doesn’t Do Right by Poor Ohioans

July 15, 2015

One immoral aspect of Ohio’s budget is the ongoing tax shift that blesses the rich and slaps the poor. According to a recent Dispatch article, the Institute on Taxation and Economic Policy, a nonprofit, nonpartisan organization, said that the new budget gives the richest 1 percent of Ohioans an average tax cut of $10,236 per […]

Cincinnati Inquirer: Wealthiest Gain Most from New Tax Cut

July 7, 2015

An analysis of these tax changes by the Institute on Taxation and Economic Policy, a national group with a sophisticated model of the tax system, shows the top 1 percent on average will see an annual tax cut of $10,236. The middle fifth of taxpayers, who made between $37,000 and $58,000, will see an average […]

Akron Beacon Journal: Less for Schools While Cutting Taxes

July 2, 2015

The budget includes a 6.3 percent reduction in income tax rates, plus an expansion of additional tax relief for business income. Recall that the Statehouse already has reduced rates 21 percent and then another 10 percent. This new plan for tax cuts skews (again) to the wealthy, resulting in an average reduction of $10,236 a […]

Toledo Blade: Bad State Budget

June 30, 2015

The nonpartisan Institute on Taxation and Economic Policy estimates that the new budget gives the top 1 percent of Ohio taxpayers — those whose annual incomes exceed $1 million — a tax cut of more than $10,000 a year. They get half the total tax relief. By contrast, the poorest 40 percent of Ohio households, […]

Columbus Dispatch: Gov. Kasich Praises Ohio Budget but Plans to Veto Some Measures

June 29, 2015

Flanked by two men who were not enamored of some of his highest-profile initiatives, Kasich praised Ohio’s new $71.2 billion, two-year budget as “good stuff” on Friday. The latest analysis from the Institute on Taxation and Economic Policy says the tax package will provide an average annual tax cut of $10,236 for the top 1 […]

Policy Matters Ohio: Ohio Senate Flat Tax Mandate is Unwise and Unwarranted

June 23, 2015

The Senate budget bill approved Thursday, like the House-approved version, would create a tax policy study commission to review the state’s tax structure. But the Senate would require the study commission to make recommendations “on how to transition Ohio’s personal income tax to a flat tax of three and one-half percent or three and three-quarters […]

Newark Advocate: Tight Budget Deadline Leaves No Time for GOP Feuds

June 22, 2015

But Senate Republicans did add an extra income tax cut for about 1 million business owners. They wouldn’t have to pay income taxes on their first $250,000 in profits and would pay a 3-percent tax on income above that. Senators also added a 40-cent increase on a pack of cigarettes and increased taxes on other […]

Toledo Blade: Race to Budget Bottom

June 22, 2015

The three budget plans are competing to see which can offer the biggest, most unnecessary, and most unfair tax cut. The $71.3 billion budget bill approved this week by the Senate includes $1.7 billion in net income tax reductions for individuals and small businesses — more than the House budget provides, but less than Governor […]

Columbus Dispatch: Ohio’s Top Earners Benefit More From Senate’s Tax Plan Than House’s, Analysis Says

June 15, 2015

The report by the Institute on Taxation and Economic Policy on behalf of liberal research group Policy Matters Ohio estimates that the lowest 40 percent of Ohio income earners would see an average tax increase of about $20, although that number would fluctuate depending on whether someone smokes. Read more

Columbus Dispatch: Kasich Flirts With Steve Forbes’ Flat Tax

June 9, 2015

“If you ask its advocates why it’s a good idea, one of the first things they’ll say is it’s a simpler way to tax,” said Matt Gardner, executive director of the Institute on Taxation and Economic Policy, a left-leaning nonprofit organization in Washington. “I think that’s largely an illusion. “Any move to a flat tax […]

The News-Herald: Amazon’s Ohio Sales Tax Collection Seen As Way To ‘Level Playing Field,’ Close Tax Loophole

June 9, 2015

Some states, however, have decided not to wait for the federal government to make the change. So far, 10 states have taken their own limited steps to expand the number of retailers that must collect sales taxes, according to the Institute on Taxation and Economic Policy. New York was first, enacting legislation in 2008 requiring […]

Dayton Daily News: Kasich Flirts With Flat Tax

June 9, 2015

“If you ask its advocates why it’s a good idea, one of the first things they’ll say is it’s a simpler way to tax,” said Matt Gardner, executive director of the Institute on Taxation and Economic Policy, a left-leaning non-profit organization in Washington. “I think that’s largely an illusion.” “Any move to a flat tax […]

The Toledo Blade: Ohio Readies for First Break on Sales Tax

May 28, 2015

However, Carl Davis, a senior analyst at the Institute on Taxation and Economic Policy, a nonprofit nonpartisan Washington think tank, said that while tax holidays help retailers, they don’t accomplish much else. “I think the major takeaway with sales tax holidays is they’re high profile and they get a lot of favorable attention for politicians, […]

Georgia Budget and Policy Institute: Income Tax Cuts Won’t Boost Georgia Economy

May 7, 2015

Big income tax cuts did not improve the economies of states that enacted them, and states without income taxes do not consistently grow more jobs or have stronger economies. Six states cut income taxes sharply from 2002 to 2007, before the most recent recession. Three of them – Arizona, Ohio and Rhode Island – grew […]

The Columbus Dispatch: Group Again Highlights That GOP Tax Plan Benefits the Wealthy

May 6, 2015

Calling it a “gift to Ohio’s wealthiest,” liberal-leaning Policy Matters released an analysis by the Institute on Taxation and Economic Policy of the tax plan that passed the House last month. It found that the top 1 percent of Ohio earners would save nearly $3,600 on average, while the bottom 80 percent of Ohio taxpayers, […]

Policy Matters Ohio: Problems with Ohio EITC: It’s not refundable, it has a cap, and it’s too low

April 29, 2015

Gov. Kasich’s Mid-Biennium Review proposal to expand the credit from 5 percent to 15 percent is a step in the right direction, but more must be done to ensure the credit benefits Ohio’s poorest working families. Read the full report

Policy Matter Ohio: Cutting taxes doesn’t help Ohio economy

April 29, 2015

After the General Assembly raised the top income-tax rate to 7.5 percent in 1992 the state generated more than 100,000 jobs in each of the following three years. Compare that with the 25,600 jobs Ohio gained during 2013, the 40,300 in 2012, and the 77,600 in 2011. Tax levels are not the main thing driving […]

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Undocumented Immigrants’ State & Local Tax Contributions (2015)

April 15, 2015 • By Matthew Gardner, Meg Wiehe

This report was updated February 2016 Read as a PDF. (Includes Full Appendix of State-by-State Data) Report Landing Page In the public debates over federal immigration reform, sufficient and accurate information about the tax contributions of undocumented immigrants is often lacking. The reality is the 11.4 million undocumented immigrants living in the United States pay billions […]

The Toledo Blade: Lawmakers Should Expand the State EITC

April 14, 2015

Ohio has pursued an increasingly regressive tax system in recent years, and Governor Kasich’s proposed new tax plan would continue that trend. Through a combination of income tax cuts and increases in the state sales tax and other taxes, the plan would increase the tax liability of Ohio households in the bottom 60 percent of […]

Policy Matters Ohio: Making Ohio’s EITC work for workers

April 10, 2015

Ohio has the 18th most unfair tax system in the nation, according to the Institute on Taxation and Economic Policy. The federal EITC was, in part, designed to eliminate some of the disproportionate impact of payroll taxes on low- and middle-income working families. Likewise, the state credit should address the disproportionate impact of sales and […]

Policy Matters Ohio: Kasich tax plan bad for Ohio, Policy Matters tells lawmakers

March 12, 2015

“An analysis by the Institute on Taxation and Economic Policy, a nonprofit research group in Washington, D.C., found the bottom three-fifths of Ohioans would pay more as a group under the governor’s plan, which includes a sales-tax rate increase. Most of the increases like the sales-tax hike would fall more heavily on those with low […]

The Columbus Dispatch: Debate over Ohio’s Shift from Income to Sales Taxes Continues

March 2, 2015

But Policy Matters says that figure does not include all taxes being raised, including the commercial-activity tax on gross receipts. Using figures calculated by the Institute on Taxation and Economic Policy, the Cleveland research group estimates that the latest proposed tax changes would leave the bottom 60 percent of earners, on average, paying more in […]

Toledo Blade: Instead of Another Tax Cut, Ohio Should Focus on Tax Fairness

March 2, 2015

Here are some facts and figures about Ohio’s lopsided income distribution and tax burdens, gleaned from Mr. Herzenberg’s study and separate new reports by the nonpartisan Institute on Taxation and Economic Policy and the Economic Policy Institute: You’re part of Ohio’s 1 percent if you make more than $356,000 a year. The average annual income […]

The Toledo Blade: Governor’s Tax Plan Would Wide Inequality

February 27, 2015

Yet an analysis of his tax proposal by the nonpartisan Institute on Taxation and Economic Policy concludes that the wealthiest 1 percent of Ohio taxpayers — those who made more than $388,000 last year — would get an average tax cut of $11,906 a year from the governor’s plan. By contrast, the lowest 60 percent […]