Institute on Taxation and Economic Policy (ITEP)

Wyoming

The Sheridan Press: Who Pays?

March 29, 2013

(PDF of Original Post) National study examines tax system in all 50 States: Wyoming rates comparatively low

The Washington Post: Paul Ryan wants to cut income taxes. Bobby Jindal wants to kill them dead.

March 20, 2013

(Original Post) Posted by Dylan Matthews on March 20, 2013 at 11:45 am Most conservative policymakers at the federal level just want to sharply reduce the income tax, not eliminate it entirely. But more and more Republican-controlled states are deciding to go big or go home. So far, Govs. Bobby Jindal (R-LA), Dave Heineman (R-NE), […]

Reuters: Road funds on empty; more states weigh gasoline tax hikes

March 14, 2013

(Original Post) By Nanette Byrnes Thu Mar 14, 2013 11:50am EDT (Reuters) – Tight state budgets and jammed roadways this year are prompting some state governments to make one of the most politically unpopular moves imaginable: raising gasoline taxes. Because they hit everyone, gas taxes are widely disliked and rarely increased. But after decades of […]

The Advocate: Tax overhaul linked to business rankings

March 11, 2013

(Original Post) By Mark Ballardand Michelle Millhollon Capitol news bureau March 11, 2013 At the top of a “talking points” memo handed to legislators, Gov. Bobby Jindal justifies overhauling the state’s tax system in order to increase the state’s ranking on an index drafted by the Tax Foundation. Stephen Moret, Jindal’s secretary of the state […]

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Laffer’s New Job Growth Factoid is All Rhetoric and No Substance

• By Carl Davis

A new talking point printed on the opinion page of The Wall Street Journal is proving irresistible to state lawmakers looking for an excuse to reduce or eliminate their states' income taxes: A new analysis by economist Art Laffer for the American Legislative Exchange Council finds that, from 2002 to 2012, 62% of the three million net new jobs in America were created in the nine states without an income tax, though these states account…

Moorcroft Leader: Tax Report for Wyoming Inspires proposed Gas Amendment

February 21, 2013

(Original Post) Tax season is getting underway, and a new report lays out the percentages taxes take out of family incomes in Wyoming. The “Who Pays?” study shows that taxes a percentage of income are the lower for the reich and highest for the poorest. With that report in hand, the executive director of the […]

The Town Talk: Jindal’s plan to drop state income tax stirs debate

February 5, 2013

Feb 4, 2013 Written by Mike Hasten Gannett Louisiana BATON ROUGE — If legislators agree with Gov. Bobby Jindal’s plan to switch from personal and corporate income taxes, Louisiana would be in line with several states showing job growth. But it could prove to be costly for those not on the high end of the […]

Public News Service: Tax Report for WYO Inspires Proposed Gas Tax Amendment

February 1, 2013

(Original Post) January 31, 2013 CASPER, Wyo. – Tax season is getting underway, and a new report lays out the percentages taxes take out of family incomes in Wyoming. The “Who Pays?” study shows that taxes as a percentage of income are lowest for the richest and highest for the poorest. With that report in […]

USA Today: Time to tweak gas taxes? States weigh options

January 25, 2013

(Original Post) Larry Copeland, USA TODAY7:47a.m. EST January 25, 2013 A great tax debate is breaking out in state capitals from Vermont to Texas: How do we maintain and expand our vital-but-aging networks of roads, bridges and urban transit systems? For nearly a century, the nation has funded projects primarily with revenue from gasoline taxes. […]

Vermont Diggers: Truth Squad- Do Dubie’s tax plans help the rich?

January 8, 2013

(PDF of Original Post) By Anne Galloway on October 21, 2010 Lt. Gov. Brian Dubie, Vermont‘s Republican candidate for governor, has said reducing taxes is his No. 1 priority. To do that, Dubie has proposed capping state spending at 2 percent – after he reduces next year‘s budget by $112 million. Once the caps are […]

Argus Leader: A lose-lose situation

January 7, 2013

(PDF of the Original Post) Karen Kraut • April 25, 2010 Imagine this: Your state has the option of reducing its residents’ combined federal tax bills by hundreds of millions of dollars a year while at the same time substantially reducing state taxes for 80 percent of its residents, but it chooses not to do […]

Las Vegas Review-Journal: Study makes case for state income tax

January 4, 2013

(PDF of Original Post) By ALAN CHOATELAS VEGAS REVIEW-JOURNAL Nevada’s lack of an income tax means state taxpayers are paying more than they should in federal income taxes, according to a study released Monday. Seven states that rely on sales taxes instead of an income tax could cut sales taxes while implementing an income tax […]

The Des Moines Register: Iowa governor’s race: Candidate views differ on effect of corporate tax cuts

January 4, 2013

(PDF of Original Post) Iowa governor’s race: Candidate views differ on effect of corporate tax cuts By JASON CLAYWORTH • jclayworth@dmreg.com• May 9, 2010 Republican governor candidates’ proposals to cut taxes for corporations would result in a smaller state government providing fewer services – and also could introduce greater inequities in Iowa’s tax system, some […]

St. Louis Post-Dispatch: Effort to kill Missouri income tax has begun in earnest

December 21, 2012

Original Post September 26, 2011 by Virginia Young JEFFERSON CITY • Wrestling with your state income tax return? Missouri legislators are weighing a plan that would do away with that chore. But before you celebrate, be aware that it’s not a tax cut. While state individual and corporate income taxes would be eliminated, the lost […]

Bloomberg: Sixty-Eight U.S. Companies Avoided State Income Tax, Study Finds

December 19, 2012

(Original Post) By Andrew Zajac – Dec 7, 2011 12:29 AM ET Sixty-eight large U.S. corporations paid no state income tax in at least one of the past three years and 20 had an average tax rate of zero or less in that period, according to a report by the Institute on Taxation and Economic […]

The Epoch Times: Many Large Firms Paid No State Taxes, Report Says

December 19, 2012

(Original Post) By Alex JohnstonEpoch Times Staff Created: December 8, 2011 Last Updated: December 8, 2011 A report released on Wednesday found that 68 large companies in the United States paid no state income taxes in at least one of the past three years, and 20 of these companies had a tax rate of zero […]

The American Independent: Arthur Laffer’s dynamic roadshow

December 18, 2012

(Original Post) Siddhartha Mahanta | 12.18.12 | 1:24 pm | Republishposted in Economy/Finance | Government Accountability/Reform | Politics On January 19 of this year, Kansas state Sen. Julia Lynn offered an exuberant greeting to renowned tax-cutting enthusiast Arthur Laffer. “What an honor and privilege to have you here in Kansas,” Lynn said, welcoming the fabled […]

Chicago Tribune: The case for a graduated income tax in Illinois

December 17, 2012

(Original Post) Tuesday, February 28, 2012 If Illinois were to adopt the same graduated income tax rate structure as Iowa, Illinois would raise $6.3 billion more in revenue than it does from its current five percent flat rate, while 54 percent—over half—of all taxpayers would pay less in state income taxes…from The Case for Creating […]

Cincinnati Enquirer: Will lower income tax bring jobs to Ohio?

December 17, 2012

(Original Post) Kasich thinks so, but our taxes aren’t really so high8:02 AM, Mar. 22, 2012 Written by Paul E. Kostyu COLUMBUS — Lower Ohio’s burdensome personal income taxes. Create jobs. That’s what Gov. John Kasich proposed last week in an expansive plan to reform government and improve the state’s economy. Kasich said Ohio’s income […]

Casper Star-Tribune: Wyoming ranks high again for economic growth

December 17, 2012

(Original Post) By JOAN BARRON Star-Tribune capital bureau | Posted: Sunday, April 29, 2012 10:00 am CHEYENNE — Wyoming again ranks fourth among states for best economic growth and outlook, largely because of the state’s low total tax burden, according to a nonprofit group’s report. The American Legislative Exchange Council ranked Wyoming fourth for the […]

Chicago Tribune: New Jersey gas tax unchanged as transportation costs rise

December 17, 2012

Brian Ianieri The Press of Atlantic City, Pleasantville, N.J. 11:35 a.m. CDT, May 8, 2012 New Jersey’s gasoline tax was designed to fund roads and bridges but, with it unchanged after more than 20 years, it now cannot fully cover interest payments on past loans to fix them. Like many states, New Jersey faces a […]

Bloomberg: States Lacking Income Tax Get No Boost in Growth

December 17, 2012

(Original Post) By Brian Chappatta on June 25, 2012 Governors seeking to expand their economies by eliminating income taxes find little support for the idea in the record of U.S. states that lack such a levy. The BGOV Barometer shows the nine states with the highest personal income taxes on residents outperformed or kept pace […]

Think Progress: Having No Income Tax Gives States No Economic Boost

December 17, 2012

(Original Post) By Pat Garofalo on Jun 26, 2012 at 10:30 am According to a report from the Institute on Taxation and Economic Policy, states without an income tax received no discernible boost in growth over the last decade compared to states with relatively high income taxes. Lacking an income tax provided no boost to […]

NPR’s State Impact: Recent Study Questions “New Hampshire Advantage”

December 17, 2012

(Original Post) June 29, 2012 | 11:23 AMBy Emily Corwin A couple of weeks ago, Arthur Laffer — an economist made famous for his work in the Reagan administration — co-wrote an opinion piece for the Wall Street Journal warning that the expiration of federal tax cuts in January puts the country on the verge […]

Yankton Daily Press & Dakotan: A Widening Divide

December 17, 2012

(Original Post) By Nathan Johnsonnathan.johnson@yankton.netPublished: Saturday, December 1, 2012 12:58 AM CSTDoes it matter that income inequality is increasing in South Dakota? A report by the Center on Budget and Policy Priorities and Economic Policy Institute found that, between the late 1990s to the mid-2000s, the drop in income among the bottom 20 percent of […]