September 9, 2014 01:13 PM By Matt Gardner, Senior Fellow at ITEP | Permalink | No one would describe Wisconsin’s homeowner property taxes as low. So it would likely come as a surprise to many Wisconsinites that state policymakers are now considering a plan that would cut business property taxes in a way that would […]
September 8, 2014 04:59 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | Burger King’s recent decision to pursue a corporate inversion to Canada is the culmination of years of maneuvering to dodge paying its fair share in corporate taxes. In fact, Burger King was able to cut its average worldwide effective […]
September 5, 2014 12:29 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | With the 2014 election season in full swing, the Republican National Committee (RNC) has found its new fundraising campaign: calling for outright abolishment of the Internal Revenue Service (IRS). While the RNC’s new fundraising campaign is not surprising given […]
September 5, 2014 12:21 PM By Sebastian Johnson, State Policy Fellow at ITEP | Permalink | Add Mississippi to the list of states adopting shortsighted and impractical sales tax holidays. This week marks the state’s first tax-free weekend for sportsmen, also touted as the “Second Amendment Sales Tax Holiday.” Individual sales of ammunition, firearms, archery […]
September 4, 2014 02:43 PM By Sebastian Johnson, State Policy Fellow at ITEP | Permalink | Voters in 36 states will be choosing governors this November. Over the next several months, the Tax Justice Blog will be highlighting 2014 gubernatorial races where taxes are proving to be a key issue. Today’s post is about the […]
September 4, 2014 02:42 PM By Meg Wiehe, Deputy Director at ITEP | Permalink | Voters in 36 states will be choosing governors this November. Over the next several months, the Tax Justice Blog will be highlighting 2014 gubernatorial races where taxes are proving to be a key issue. Today’s post is about the race […]
September 2, 2014 10:50 AM By Sebastian Johnson, State Policy Fellow at ITEP | Permalink | Oil companies won big in Alaska with a narrow defeat of Ballot Measure 1, which would have repealed the generous regime of tax breaks the legislature gave to oil companies last year. The measure’s defeat was narrow even though […]
August 28, 2014 02:37 PM By Steve Wamhoff, Legislative Director at CTJ | Permalink | Every now and then something happens — a Senate investigation into Apple’s tax dodging, Burger King’s plan to become Canadian — that demonstrates that our corporate income tax is very ill. Every time, pundits debate how to cure this disease, […]
August 28, 2014 02:23 PM By Sebastian Johnson, State Policy Fellow at ITEP | Permalink | Voters in 36 states will be choosing governors this November. Over the next several months, the Tax Justice Blog will be highlighting 2014 gubernatorial races where taxes are proving to be a key issue. Today’s post is about the […]
August 27, 2014 04:10 PM By Kelly Davis, Assistant Director of Communications | Permalink | Since 2004, Ohio lawmakers – from those living in the Governor’s mansion to those elected to the legislature – have pushed through numerous changes to the Buckeye state’s tax code. Since being elected in 2010, Gov. John Kasich has championed his […]
August 25, 2014 03:58 PM By Steve Wamhoff, Legislative Director at CTJ | Permalink | Burger King’s statement that its planned merger with the Canadian donut and coffee chain Tim Hortons is not about avoiding taxes might be one of the biggest whoppers we’ve heard about corporate inversions. The merger will allow Burger King to […]
August 21, 2014 03:18 PM By Matt Gardner, Senior Fellow at ITEP | Permalink | Last week the energy giant Kinder Morgan Energy Partners announced that it will restructure itself into a traditional C corporation, moving away from the “master limited partnership” (MLP) structure it helped to popularize almost a quarter century ago. While C […]
August 21, 2014 02:39 PM By Steve Wamhoff, Legislative Director at CTJ | Permalink | The ongoing wave of American corporations inverting, or reincorporating as offshore companies to avoid U.S. taxes, has resulted in a bewildering variety of solutions being debated in Washington and in the editorial pages. A new report from Citizens for Tax […]
August 21, 2014 11:59 AM By Sebastian Johnson, State Policy Fellow at ITEP | Permalink | Voters in 36 states will be choosing governors this November. Over the next several months, the Tax Justice Blog will be highlighting 2014 gubernatorial races where taxes are proving to be a key issue. Today’s post is about the […]
August 14, 2014 03:29 PM By Sebastian Johnson, State Policy Fellow at ITEP | Permalink | Voters in 36 states will be choosing governors this November. Over the next several months, the Tax Justice Digest will be highlighting 2014 gubernatorial races where taxes are proving to be a key issue. Today’s post is about the […]
August 14, 2014 02:38 PM By Matt Gardner, Senior Fellow at ITEP | Permalink | All is quiet in the streets of the nation’s capital as members of Congress have fled to their home districts for their annual August recess. But as is the case every August in recent years, our elected officials left a […]
August 14, 2014 12:15 PM By Kelly Davis, Assistant Director of Communications | Permalink | You’d have to be living under a rock at this point (or mysteriously uninterested in tax policy – but then why would you be reading this) to not know about the fiscal crisis in Kansas. This recent USA Today article […]
August 14, 2014 11:45 AM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | According to the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), an estimated $7 and $10 billion is lost in federal and state tax revenue annually due to cigarette smuggling, which is astounding considering that total federal and state […]
August 12, 2014 02:55 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | What’s the biggest difference between small and large cigars or pipe and roll-your-own tobacco? Their level of taxation, according to the Government Accountability Office (GAO), which estimates that tobacco companies have managed to dodge an estimated $3.7 billion in […]
August 8, 2014 03:30 PM By Matt Gardner, Senior Fellow at ITEP | Permalink | While Congress’s attention has been riveted on the saga of a handful of corporations making high-profile attempts to invert to foreign countries, Microsoft’s recent announcement that it’s holding a staggering $92.9 billion offshore is a stark reminder of the far […]
August 6, 2014 04:57 PM By Kelly Davis, Assistant Director of Communications | Permalink | Yesterday voters in Missouri soundly defeated Amendment 7, a ballot measure that would have raised the sales tax by three-fourths of a cent to fund transportation needs. Sales taxes are largely regressive, capturing a larger share of income from the […]
August 6, 2014 02:00 PM By Kelly Davis, Assistant Director of Communications | Permalink | Voters in 36 states will be choosing governors this November. Over the next several months, the Tax Justice Digest will be highlighting 2014 gubernatorial races where taxes are proving to be a key issue. Today’s post is about the race […]
August 6, 2014 12:40 PM By Bob McIntyre, Director of Citizens for Tax Justice | Permalink | Some will rob you with a six-gun,And some with a fountain pen.Woody Guthrie, “Pretty Boy Floyd” (1939) Short of cash, you decide to rob a bank at gunpoint. But on your way out the door, the cops arrest […]
August 6, 2014 10:45 AM By Rebecca Wilkins, Senior Counsel, Federal Tax Policy at CTJ | Permalink | In another defection from the corporate income tax base, last Tuesday Windstream Holdings, Inc. announced that it will be spinning off part of its telecommunications assets into a Real Estate Investment Trust (REIT) after it recently received […]
August 5, 2014 05:47 PM By Bob McIntyre, Director of Citizens for Tax Justice | Permalink | Following is a statement by Robert McIntyre, director of Citizens for Tax Justice, regarding emerging reports that Walgreen Co. will announce Wednesday that, although it still plans to buy Switzerland-based Alliance Boots, it will not use legal maneuvers […]