September 30, 2011 09:30 AM By Citizens for Tax Justice Staff | Permalink | This week, the Associated Press is reporting that some lawmakers in Olympia “have been quietly exploring the logistics of a special election in February 2012 that could ask state voters to raise taxes to help fill another budget shortfall.” This is […]
September 27, 2011 02:46 PM By Citizens for Tax Justice Staff | Permalink | The question from a Tea Party voter was this: “Out of every dollar I earn, how much do you think that I deserve to keep?” It came during the Fox News and Google Republican presidential candidates debate last Thursday, and was […]
September 27, 2011 09:25 AM By Citizens for Tax Justice Staff | Permalink | Oklahoma, like most states, has many hundreds of tax expenditures, a.k.a. “spending in the tax code.” Actually the state offers about 450 special tax credits, deductions or exemptions designed to benefit a specific activity or purchase and, in most cases, the […]
September 23, 2011 04:10 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | The DC Council voted on Tuesday to temporarily increase the marginal income tax rate on those making over $350 thousand a year from 8.5% to 8.95%, in a move that will raise an estimated $106 million in revenue over […]
September 23, 2011 02:27 PM By Citizens for Tax Justice Staff | Permalink | For Immediate Release: September 22, 2011Contact: Anne Singer, anne@ctj.org, 202-299-1066 x27 How 47 Governors Can Mitigate the Worsening Poverty in Their States:Four Tax Reforms That Help the Working Poor Washington, DC – With today’s Census data showing that 47 states now […]
September 23, 2011 02:07 PM By Citizens for Tax Justice Staff | Permalink | The Institute on Taxation and Economic Policy (ITEP) offers a series of Policy Briefs designed to provide a quick introduction to basic tax policy ideas that are important to understanding current debates at the state and federal level. This week, with […]
September 23, 2011 01:53 PM By Citizens for Tax Justice Staff | Permalink | In the past year, Missouri lawmakers have grown increasingly skeptical about the effectiveness of business tax breaks in encouraging economic development. But the bad news is that during an ongoing special legislative session, some lawmakers have been eager to enact massive […]
September 20, 2011 04:48 PM By Citizens for Tax Justice Staff | Permalink | Obama’s Plan a Massive Tax CUT Despite GOP Claims of “Largest Tax Hike in Modern History” While House Republican Leader Eric Cantor’s staff and others have called President Obama’s jobs and deficit plan the “largest tax hike in modern history,” the […]
September 17, 2011 02:28 PM By Citizens for Tax Justice Staff | Permalink | On Monday, September 19, President Obama may offer a corporate tax reform plan along with his deficit reduction proposals. Previous statements from the administration indicate that the corporate tax reform plan would be “revenue-neutral,” meaning it would raise no new revenue […]
September 16, 2011 03:44 PM By Citizens for Tax Justice Staff | Permalink | When House Speaker John Boehner said on Thursday that “tax increases destroy jobs” and are not a “viable option” for the Joint Select Committee tasked with reducing the budget deficit, he was probably unaware that a major business lobbyist and a […]
September 16, 2011 02:39 PM By Citizens for Tax Justice Staff | Permalink | Kentucky Republican gubernatorial candidate David Williams released the outline of his economic plan earlier this week. Williams proposes to repeal the state’s personal and corporate income taxes as part of a “revenue-neutral” tax swap, which of course means that the remaining taxes […]
September 16, 2011 02:16 PM By Citizens for Tax Justice Staff | Permalink | The Institute on Taxation and Economic Policy (ITEP) offers a series of Policy Briefs designed to provide a quick introduction to basic tax policy ideas that are important to understanding current debates at the state and federal level. This week ITEP […]
September 14, 2011 10:38 AM By Citizens for Tax Justice Staff | Permalink | As soon as you thought you’d finally had a chance to catch your breath from last week’s Republican debate, the candidates were at it again Monday at CNN’s Tea Party Debate. As you may have to come to expect from anything […]
September 14, 2011 10:35 AM By Citizens for Tax Justice Staff | Permalink | This week’s release of Census data showing that a growing number of families are officially poor prompted CTJ to examine claims that too many Americans are paying “no” taxes and calls to raise taxes on low-income families. Aside from recipients of […]
September 14, 2011 10:23 AM By Citizens for Tax Justice Staff | Permalink | Minnesota lawmakers balanced the state’s budget earlier this year (after an historic government shutdown) by cutting vital programs, delaying payments to schools and issuing bonds against future tobacco settlement monies. Of course, they have been boasting that they balanced the budget […]
September 13, 2011 10:39 AM By Citizens for Tax Justice Staff | Permalink | A recent Kansas City Star editorial, “KC’s taxes especially burdensome for the poor” argues for reforming that city’s tax structure. The article cites Tax Rates and Tax Burdens in the District of Columbia – A Nationwide Comparison put out by the […]
September 9, 2011 03:38 PM By Citizens for Tax Justice Staff | Permalink | Estimates provided by the White House show that the payroll tax cuts proposed last night by President Obama would cost $240 billion next year, just shy of the $245 billion cost of the Bush income tax cuts during the same year […]
September 8, 2011 05:57 PM By Citizens for Tax Justice Staff | Permalink | On Wednesday night, the GOP presidential candidates gathered at the Reagan Library for a particularly spirited debate in which candidates repeatedly turned back to tax policy. As with past debates, the GOP candidates attempted to rewrite tax history and reinforce their […]
September 8, 2011 05:40 PM By Citizens for Tax Justice Staff | Permalink | The Institute on Taxation and Economic Policy (ITEP) offers a series of Policy Briefs designed to provide a quick introduction to basic tax policy ideas that are important to understanding current debates at the state and federal level. This week, ITEP […]
September 8, 2011 02:36 PM By Citizens for Tax Justice Staff | Permalink | The St. Louis Post Dispatch gets it all wrong when they title a recent article: “Jobs incentives in peril as special legislative session begins in Missouri.” True, Missouri’s special session started this week and, along with moving the date of the […]
September 7, 2011 05:26 PM By Citizens for Tax Justice Staff | Permalink | Over Labor Day weekend Louisiana shoppers purchasing items like firearms, ammunition, hunting supplies, holsters, certain knives and archery items didn’t pay any sales tax. Shoppers participating in the “Second Amendment Weekend Sales Tax Holiday” should be aware that holidays like this […]
September 6, 2011 03:51 PM By Citizens for Tax Justice Staff | Permalink | Our contempt for Grover Norquist’s no-new-taxes pledge is no secret, and it seems that at least one member of Congress is willing to come out and admit he shares the feeling. Nebraska Rep. Jeff Fortenberry signed the no-new-taxes pledge in 2004, […]
September 1, 2011 03:39 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | President Barack Obama nominated Alan Krueger to chair the White House Council of Economic Advisors on Monday and he will likely be easily confirmed. Although as a labor economist Krueger has earned many accolades for his robust work, including […]
September 1, 2011 03:27 PM By Citizens for Tax Justice Staff | Permalink | Just a few months back, Michigan Governor Rick Snyder barely managed to push through a massive bill cutting the state’s largest business tax by over 80% — paid for by raising taxes on Michigan’s elderly and low-income families. Now, Snyder’s administration […]
August 31, 2011 01:56 PM By Citizens for Tax Justice Staff | Permalink | The Institute on Taxation and Economic Policy (ITEP) offers a series of Policy Briefs designed to provide a quick introduction to basic tax policy ideas that are important to understanding current debates at the state and federal level. This week, ITEP […]