Areas of ExpertiseFederal Tax and Budget Policy Corporate Tax
Steve is ITEP’s director of federal tax policy. In this role, he is responsible for setting the organization’s federal research and policy agenda. He is the author of numerous reports and analyses of federal tax policies as well as in-depth policy briefs that outline how the federal income tax and corporate tax code can be overhauled to improve tax fairness.
Just before taking on the role of ITEP’s director of federal tax policy, Steve spent more than two years as the senior tax policy analyst for Sen. Bernie Sanders and as a member of the senator’s Budget Committee staff. In this capacity, he wrote legislation related to personal income and corporate income taxes, financial transaction taxes, estate taxes and tax avoidance.
Before joining Sen. Sanders’ staff, Steve had previously worked for ITEP and its c(4) partner Citizens for Tax Justice for more than eight years. During this time, he built expertise is analyzing tax policies and their effect on federal revenue as well as on people across the income spectrum. Notably, he wrote reports on proposals to extend the George W. Bush tax cuts, as well as proposals to eliminate tax breaks for for investors and corporations as a way of financing health care reform and other initiatives.
Earlier in his career, Steve worked for the Social Security Administration’s Office of Policy and the Coalition on Human Needs. He received a Juris Doctor and Master’s in Public Policy from Georgetown University and a bachelor’s from New York University.
Recent Publications and Posts view more
New Jersey’s new governor, Phil Murphy campaigned on a promise to raise state income taxes on millionaires, a proposal that is supported by 70 percent of the state and was, until recently, backed by New Jersey’s Senate President, Steve Sweeney. In recent months, Sweeney changed his position on the proposed millionaires tax and called for an increase in New Jersey’s corporate tax instead. The idea of hiking taxes on corporations is not a bad one, particularly since corporations received a windfall from the Tax Cuts and Jobs Act. But Sweeney’s new opposition to an income tax hike for the state’s richest residents seems to be based on an erroneous reading of ITEP’s data.
If you listened closely to today’s House Ways and Means Committee hearing on the Tax Cuts and Jobs Act (TCJA), you could sense that the witnesses speaking in favor of the new tax law were not 100 percent on the same page. This has been apparent ever since the law was enacted at the end of last year. The economists who speak in favor of the law (including Douglas Holtz-Eakin at today’s hearing) tend to focus on other indicators of its success. They know that the talk of bonuses and raises is nothing more than a desperate corporate PR campaign to save the law from being repealed or scaled back in the future.
Media Mentions view more
A spokesman for Sweeney, the state Senate president, said families earning over $1.1 million in New Jersey already face an…
Steve Wamhoff, senior fellow for federal tax policy at the nonpartisan Institute on Taxation and Economic Policy, gave the example…