Institute on Taxation and Economic Policy (ITEP)

Ohio

Politico: Arthur Laffer is back as GOP tax man

October 15, 2013

  By RACHAEL BADE | 10/14/13 11:03 PM EDT Four decades ago at the Washington Hotel, a quirky economist made a pitch on the back of a napkin to Ford administration officials Dick Cheney and Donald Rumsfeld: Cutting taxes would create an economic boom. Back then, many Republicans opposed tax cuts, but that famous “Laffer […]

Center for American Progess: The Real Cost of Cuccinelli

September 23, 2013

Besides working on these major research projects, I developed CTJ/ITEP’s strong online media presence. One of the most important roles I play is as the primary web manager for both CTJ and ITEP. Similarly, over the past two years I successfully initiated and then maintained CTJ and ITEP’s social media presence. Center for American Progress […]

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State Tax Codes As Poverty Fighting Tools

September 19, 2013 • By Meg Wiehe

New Census Bureau data released this month show that the share of Americans living in poverty remains high, despite other signs of economic recovery. The national 2012 poverty rate of 15 percent is essentially unchanged since 2010 , but still 2.5 percentage points higher than pre-recession levels. This means that in 2012, 46.5 million, or about 1 in 6 Americans, lived in poverty.1 The poverty rate in most states also held steady with five states experiencing an increase in either the number or share of residents living in poverty while only two states saw a decline.2

Policy Matters Ohio: Cutting taxes isn’t helping Ohio

September 11, 2013

For years, North Dakota has had the lowest unemployment rate of any state in the nation. Nevada, by contrast, has had the highest. North Dakota has a personal income tax, while Nevada has no personal income tax. There are, of course, other states that show a different pattern. We cite this to illustrate that taxes, […]

Portsmouth Daily Time: To the Ohio House of Representatives, Tax Reform Study Committee

August 21, 2013

A study by the Joint Economic Committee of the Congress found in the 1970s that state taxes were one of the least driving factors in business location decisions, in part because state taxes could be written off on Federal taxes. Quality of life factors were seen as far more important. The Tax Foundation, set up in the 1930s to combat rising taxes under the New Deal, estimated in a 2006 study of businesses in North America, Europe, and Asia Pacific that taxes accounted for 7 to 13 percent of business cost in manufacturing, and just 3 to 7 percent in…

Think Progress: GOP Governor Inadvertently Makes Case For Immigration Reform: We ‘Need To Reach Out To People Who Live In The Shadows’

August 16, 2013

Ohio Gov. John Kasich (R) on Thursday made a strong case for creating a pathway to citizenship for undocumented immigrants -- without even knowing that's what he was doing.

Tax incentives are intended to spur economic growth that would not have otherwise occurred. More specifically, these narrowly targeted tax breaks are usually offered in an attempt to convince businesses to relocate, hire, and/or invest within a state's borders.

PBS: How Low Can They Go? Arthur Laffer Defends Slashing State Income Taxes

August 1, 2013

In this 2012 Making Sen$e report, former Reagan White House economic adviser Arthur Laffer drew his famous curve on a napkin -- just the way he did for the Ford administration -- and explained how it works.

The Advocate: Sales tax holiday begins Friday

July 31, 2013

  [email protected] July 31, 2013 State sales tax will take a holiday this weekend, giving consumers a chance to save on the purchases of clothes, appliances, electronics and other goods. Lifting the 4 percent state sales tax is a tradition that dates to the aftermath of 2005’s Hurricane Katrina, when legislators wanted to help storm […]

Think Progress: Two Weeks After Slashing Taxes For The Rich, Ohio Governor Wants More

July 19, 2013

(Original Post) By Alan Pyke on Jul 19, 2013 at 9:00 am Gov. John Kasich (R) wants to get the top income tax rate in Ohio down below 5 percent, Cincinnati.com reported Thursday. The speech came 18 days after Kasich signed a budget that gives top earners in the Buckeye State a $6,000 per-person tax […]

Stateline: Little Financial Aid to States in Immigration Plan

July 18, 2013

(Original Post)  By Daniel C. Vock, Staff Writer The immigration overhaul passed by the U.S. Senate could put a big squeeze on the budgets of state and local governments. The proposal does not help states pay for costs incurred by required policy changes, including ramped up English classes and greater  access to public hospitals and […]

Bloomberg BNA: Sales Tax Slice: Attention Shoppers – A Sales Tax Holiday is Occurring in a State Near You

July 15, 2013

(Original Post) Thursday, July 11, 2013 by Rebecca Helmes Your kids may have just finished school for the summer, but it’s time to start devising your back-to-school shopping plan.  A break from sales taxes may come as a welcome respite for consumers and retailers.  But these tax vacations have been consistently panned from a fiscal […]

NJ Spotlight: Immigration Reform Could Boost NJ Tax Revenues by $80M Yearly

July 11, 2013

(Original Post) Higher wages, more spending, increase in income taxes and sales taxes expected if undocumented workers became legal By Hank Kalet, July 11, 2013 Local and state tax coffers could gain see an injection of more than $80 million in taxes annually if federal immigration reforms are passed and undocumented workers are brought into […]

The Courier-Journal: Immigration reform would net $23M more for Kentucky

July 11, 2013

(Original Post) Jul. 10, 2013 11:48 PM Written by James R. Carroll WASHINGTON — Calling it “flawed” and “rushed,” House Republican leaders Wednesday snubbed sweeping immigration reform legislation, even as a new study showed that state and local tax revenues in Kentucky and Indiana would increase by nearly $56 million annually if reform passed. “House […]

Off the Charts: Getting the Whole Story in State Tax Debates

July 10, 2013

(Original Post) July 8, 2013 at 9:02 am Posted by: Nicholas Johnson This year’s state tax debates have revealed a very important flaw in how states typically make tax policy.  Fortunately, it’s a flaw that can be fixed. In most states, policymakers lack sufficient information on how tax changes will affect the after-tax distribution of […]

NJ News Commons: Undocumented NJ Immigrants Pay Nearly $500M in State and Local Taxes

July 10, 2013

(Original Post) By TERRENCE MCDONALD Undocumented immigrants living in New Jersey pay nearly $500 million in state and local taxes, and would pay an additional $81 million more if they are granted legal status under a proposed overhaul of the nation’s immigration system, according to a new report from a Washington, D.C. nonprofit. The Institute […]

Cincinnati CityBeat: Bad News Budget

July 3, 2013

(Original Post)  State Republicans lower taxes for the rich, defund Planned Parenthood and try to block health care for the poor in Kasich-signed budget BY GERMAN LOPEZ · JULY 3RD, 2013 With Gov. John Kasich’s signature, Republican state officials on June 30 passed a budget that alters taxes, schools, Medicaid and abortion services in Ohio, […]

Policy Matters Ohio: Tax plan still rewards affluent, leaves some of poorest Ohioans paying more

June 28, 2013

Last-minute tweaks in the tax plan put forward by Ohio House and Senate Republicans do not significantly change its impact for different income groups. The plan still will reward Ohio’s most affluent with average annual tax cuts of more than $6,000 a year, while low-income Ohioans will pay slightly more. That is the conclusion of […]

The Columbus Dispatch: Top 1% of earners fare best in proposed Ohio tax plan, study says

June 26, 2013

(Original Post) By  Jim Siegel The Columbus Dispatch Wednesday June 26, 2013 8:58 AM A new analysis yesterday added fuel to criticism of a new tax plan that would decrease Ohioans’ income tax but increase the state sales and commercial activities taxes. A study for Policy Matters Ohio by the Institute on Taxation and Economic […]

Policy Matters Ohio: New plan would cut taxes $6,000 a year on average for Ohio’s most affluent

June 25, 2013

The new tax plan proposed by House and Senate Republicans will reward Ohio’s most affluent with average annual tax cuts of more than $6,000 a year, while low- and moderate-income Ohioans will pay slightly more. Read the Full Report

Boston Globe: Big seller Boston Beer asks for small-brewer tax break

May 17, 2013

(Original Post) By Noah Bierman|  Globe Staff   May 13, 2013 WASHINGTON — It’s early to be drinking, but just after 10:30 a.m. on a weekday, Jim Koch, the founder of Samuel Adams beer, pops open a bottle of lager and regales his audience with stories. It’s no barroom banter. Koch is standing behind a […]

The Morning Sentinel: Bipartisan plan to overhaul state income taxes unveiled today

May 10, 2013

(Original Post) By Steve Mistler [email protected] House Bureau AUGUSTA — A Maine family of four earning $50,000 a year would save about $647 on its state income taxes under a sweeping tax reform proposal to be aired in a public hearing today before the Legislature’s Taxation Committee. However, that same family also would pay hundreds […]

Reuters: State tax reform efforts snarled by politics but backers persist

April 24, 2013

(Original Post) By Nanette Byrnes Tue Apr 23, 2013 2:19pm EDT (Reuters) – From Louisiana to Ohio, Massachusetts and Nebraska, bold proposals to upend state tax laws are losing momentum in the face of political squabbles and special interest opposition. Just a short time ago, it looked as if several state leaders would show gridlocked […]

Policy Matters Ohio: Income-tax cut would favor affluent Ohioans- Middle-income residents on average would get $51 a year

April 22, 2013

Since the 21-percent reduction in state income taxes approved in 2005, Ohio’s economy has underperformed the nation. There is little reason to believe that another round of income-tax cuts will produce a different result.Read the Full Report

The Wichita Eagle: Brownback ‘tax swap’ plan facing stiff opposition

April 22, 2013

(Original Post) By Brad CooperKansas City Star Published Sunday, April 21, 2013, at 6:54 a.m. Eliminating or slashing the income tax is a romantic idea for many politicians. Getting there is much less dreamy. Just ask Republican Kansas Gov. Sam Brownback and a handful of other GOP governors who want income tax cuts but propose […]