Washington
In These Times: 30,000 Teachers Walk Out
June 2, 2015
Indeed, Washington has the nation’s most regressive tax structure, according to a study published in January by the Institute on Taxation and Economic Policy. The study found that the state’s top 1% contributes 2.4 percent of family income in state and local taxes while the poorest 20 percent contribute 16.8 percent, making Washington the “highest-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, […]
Kearny Hub: Static Gas Tax Rate Curbs Nebraska’s Buying Power
May 18, 2015
“It’s an inevitable fact that if gas tax rates are not updated from time to time, the tax is not going to keep pace with construction costs,” said Carl Davis of the Institute on Taxation and Economic Policy, a think tank in Washington. However, due to the difficulty of mustering the votes to raise a […]
San Antonio Express News: Real Question Is Whether to Cut Any Tax
May 6, 2015
But fairness hasn’t been Texas’ strong suit. The Institute on Taxation and Economic Policy released its annual analysis of the states’ tax systems in January. Texas is in the top 10 most regressive, behind Washington state and Florida. A regressive tax is one that unduly burdens those least able to pay, while the wealthy pay […]
Norther Voices Online: Undocumented Immigrants Contribute $12B in Taxes
April 28, 2015
The study was conducted by very respected Institute on Taxation and Economic Policy in Washington. The study concluded after thorough analysis that average effective state and local tax rate by undocumented immigrants in 2012 was estimated at 8 percent, higher than the 5.4 percent effective tax rate by the top 1 percent of taxpayers. Read […]
Michigan AP: Michigan Households Would Pay Hundreds More in Taxes under Prop 1
April 28, 2015
The average tax hike for the middle fifth of Michigan households — those making $40,000 to $64,000 a year — would be $267, or $22 a month, according to an analysis by the Washington-based Institute on Taxation and Economic Policy for the Michigan League for Public Policy, an advocacy group in Lansing focused on poverty. […]
Omaha World-Herald: Static gas tax rate curbs Nebraska’s buying power
April 27, 2015
“It’s an inevitable fact that if gas tax rates are not updated from time to time, the tax is not going to keep pace with construction costs,” said Carl Davis of the Institute on Taxation and Economic Policy, a think tank in Washington. However, due to the difficulty of mustering the votes to raise a […]
Sun-Sentinel: Immigration Reform Could Boost Tax Revenue
April 22, 2015
Undocumented immigrants in the Sunshine State paid nearly $468 million in sales and excise taxes a year and $137 million in annual property taxes, according to the Washington-based Institute on Taxation and Economic Policy. The institute analyzed 2012 data from the Migration Policy Institute, the Fiscal Policy Institute, the Pew Research Center and Congressional Budget […]
Lansing State Journal: Tax proposal will cost some $500 per household
April 21, 2015
The average tax hike for the middle fifth of Michigan households — those making $40,000 to $64,000 a year — would be $267, or $22 a month, according to an analysis by the Washington-based Institute on Taxation and Economic Policy for the Michigan League for Public Policy, an advocacy group in Lansing focused on poverty. […]
Washington Post: Kansas Lawmakers Want the Poor to Pay for Tax Cuts for the Rich
April 21, 2015
The Institute for Taxation and Economic Policy’s Meg Wiehe notes that in many states, average incomes have only increased among the richest groups in recent years. As a result, a system of taxation that depends more on the economic fortunes of the poor and the middle class might not produce increasing revenue in the future to meet the needs of growing […]
The Washington Post: Breaking Down the $11.8B Illegal Immigrants Pay in Taxes
April 20, 2015
Here’s a talking point for Democrats: President Obama’s executive actions on immigration will generate an extra $845 million in taxes annually from immigrants living here illegally. But that’s just a drop in the bucket compared with the $11.8 billion they already pay. Those estimates come from a new report by the well-regarded Institute on Taxation and Economic Policy, a […]
The Washington Post: Varied and Sometimes Unfair State Taxes
April 15, 2015
States favor their highest earners when it comes to taxation, according to a January report by the Institute on Taxation and Economic Policy. As we reported then, the bottom fifth of earners give up nearly twice as large a share of their incomes in state and local taxes as the top 1 percent. And that skewed reliance on the poor […]
Crain’s Detroit Business: Households Would Pay $474 More in Tax Under Prop 1
April 13, 2015
The average tax hike for the middle fifth of Michigan households — those making $40,000 to $64,000 a year — would be $267, or $22 a month, according to an analysis by the Washington-based Institute on Taxation and Economic Policy for the Michigan League for Public Policy, an advocacy group in Lansing focused on poverty. […]
The Seattle Times: Reform Our Tax System with a Flat Tax
April 13, 2015
airness: The Washington State Tax Structure Study Committee found that in 1999 the state’s lowest-income households paid 15.7 percent of their income on state and local taxes, while the highest-income households paid just 4.4 percent. This meant that the lowest-income households had to work 8.2 weeks out of the year to pay their tax bill, […]
Union Bulletin: State Needs Flat Rate Income Tax
April 13, 2015
“Fairness: The Washington State Tax Structure Study Committee found that in 1999 the state’s lowest-income households paid 15.7 percent of their income on state and local taxes, while the highest-income households paid just 4.4 percent. This meant the lowest-income households had to work 8.2 weeks out of the year to pay their tax bill, while […]
The Detroit News: Prop 1 Would Cost Households Hundreds More in Taxes
April 13, 2015
The average tax hike for the middle fifth of Michigan households — those making $40,000 to $64,000 a year — would be $267, or $22 a month, according to an analysis by the Washington-based Institute on Taxation and Economic Policy for the Michigan League for Public Policy, an advocacy group in Lansing focused on poverty. […]
The Atlantic: How Red States Learned to Love the Gas Tax
March 31, 2015
If nothing has changed in Washington, why are Republicans so tax-happy on the state level—at least when it comes to fuel? “The difference is states have to balance their budgets,” said Carl Davis, a senior analyst at ITEP. Unlike Congress, state lawmakers can’t simply borrow money and accumulate debt when the coffers run dry, and […]
KPLU: If Only We Had Idaho’s Tax
March 27, 2015
If you’re poor and you live in Washington state, you wind up forking over almost 17 percent of your income in state and local taxes. That’s according to a recent report from the Institute on Taxation and Economic Policy. But if you live in, say, Boise or Coeur d’Alene, Idaho, state and local taxes only […]
The Seattle Observer: Seattle Economy Soars Alongside Effort to Combat Worsening Inequality
March 25, 2015
Washington’s tax system, ranked as the most regressive in the country by the Institute on Taxation and Economic Policy, is not helping. The lowest-earning families in the state “pay about 17% of their income in taxes. And our top 10 percent pay about 2.7% of their income”, said Pramila Jayapal, a Democratic state senator. All […]
The Washington Times: What’s Not in Your Wallet?
March 25, 2015
To identify the best states to be taxed in, according to a taxpayer’s income group, WalletHub generated estimates of the state-specific tax burden on residents at three income levels — low ($25,000), medium ($50,000) and high ($150,000) — in each of the states, plus the District. Data was taken from the Institute on Taxation & […]
Washington Post: The Tax Hikes States Are Agreeing On
March 16, 2015
Under a compromise plan, the state’s gas tax would rise 5 cents in January and subsequently be increased automatically as gas prices rise, The Salt Lake Tribune reported. But Utah is far from alone. If that compromise is signed into law by Gov. Gary Herbert, Utah will become the 10th state to raise its gas tax in just two […]
The Boston Globe: Wide Support for Lifting Earned Income Credit
March 4, 2015
Eldridge’s proposal would cost the state $372 million a year in tax revenue, up from $112 million currently, according to the Institute on Taxation and Economic Policy, a Washington research organization. Baker and Tarr’s proposal would increase its annual cost to $223 million. Read more
Orlando Sentinel: Affordable Housing Bears Higher Tax Burden
March 4, 2015
However, heavy reliance on property taxes and lack of an income tax were among the reasons a January report from the Institute on Taxation and Economic Policy ranked Florida as one of the nation’s most regressive tax states. Only Washington had a tax structure that was more punitive on low-income families. The bottom 20 percent […]
The Seattle Times: Washington Suffers Most Regressive Tax System in the U.S.
March 4, 2015
In the latest Who Pays? report by the non-partisan Institute on Taxation and Economic Policy, Washington state has “by far” the most regressive tax system in the nation. Poor residents here pay 16.8 percent of family income in state and local taxes while the wealthiest 1 percent pay only 2.4 percent. By comparison, the percentage […]
Bloomberg: Deficits in States Have Alabama’s Governor Risking Career
March 2, 2015
Alabama’s state and local government taxes per resident are the lowest in the U.S., according to the Public Affairs Research Council of Alabama. It also has the 12th-worst tax structure in terms of disproportionate impact on the poor, according to Meg Wiehe, state policy director for the Institute on Taxation and Economic Policy in Washington. […]
