April 16, 2013 11:15 AM By Institute on Taxation and Economic Policy Staff | Permalink | On April 15, the majority of Americans file their income taxes, federal and state. As CTJ and ITEP demonstrate in their annual Who Pays Taxes in America, state tax systems are overwhelmingly regressive and the federal system just barely […]
April 12, 2013 03:58 PM By Citizens for Tax Justice Staff | Permalink | Citizens for Tax Justice has been publishing studies of what major U.S. corporations pay in federal income taxes for years. Not just the effective tax rate, but also what they actually pay in federal (and state) taxes on their profits each […]
April 11, 2013 12:59 PM By Citizens for Tax Justice Staff | Permalink | EVENT ADVISORY/PHOTO-OP FOR APRIL 15, 2013 BILLBOARD TRUCK IN WASHINGTON, DC ASKS, DO YOU PAY MORE TAXES THAN MAJOR CORPORATIONS? Citizens for Tax Justice Mobile Billboard to Visit Dupont, K Street, Capitol Building and National Capitol Post Office over Eight Hour […]
April 10, 2013 01:50 PM By Institute on Taxation and Economic Policy Staff | Permalink | Idaho Senate leadership took a difficult stand on a high-profile issue in favor of good tax policy by refusing to give the Girl Scouts a special tax break on their famous cookies. Their counterparts in the Idaho House, however, […]
April 9, 2013 11:51 AM By Citizens for Tax Justice Staff | Permalink | In a speech to the Louisiana Legislature yesterday, Governor Bobby Jindal announced that he would “park” his tax plan. There is no doubt this is a huge blow to supply-side advocates and Arthur Laffer enthusiasts who tout false claims that tax […]
April 5, 2013 04:08 PM By Citizens for Tax Justice Staff | Permalink | Earlier this year, Kansas Governor Sam Brownback proposed another round of personal income tax cuts (on top of those he signed into law last year that are creating a massive hole in the state’s budget). Read ITEP’s analysis of that proposal […]
April 5, 2013 10:21 AM By Citizens for Tax Justice Staff | Permalink | Information is starting to trickle out of the White House about the budget proposals that the President is to release on Wednesday of next week. The proposal will be controversial because it includes cuts in Social Security and Medicare spending. Here’s […]
April 4, 2013 02:18 PM By Citizens for Tax Justice Staff | Permalink | Two new analyses from Citizens for Tax Justice demonstrate that the richest Americans still are not shouldering a disproportionate share of taxes and that the poor are still not avoiding them, despite stories that are commonly told every year around Tax […]
April 4, 2013 01:50 PM By Kelly Davis, Assistant Director of Communications | Permalink | Since January, we’ve brought you updates as best we could about Louisiana Governor Bobby Jindal’s controversial tax swap plan, but details remained elusive. Finally, late last week, the Governor released enough information – including a newly calculated, bigger sales tax […]
April 4, 2013 01:36 PM By Citizens for Tax Justice Staff | Permalink | Just in time for Tax Day 2013, our quarterly newsletter Just Taxes is arriving in mailboxes this week. This edition features original articles discussing the fallacies of anti-tax legislation in state legislatures, Facebook’s tax avoidance schemes, the release of ITEP’s new report, […]
April 4, 2013 01:06 PM By Citizens for Tax Justice Staff | Permalink | The largest revenue-raising proposal put forth by President Obama, which is expected to be among the proposals the White House plans to release next week, would limit the tax savings of each dollar of certain deductions and exclusions to 28 cents. CTJ’s new […]
April 4, 2013 11:13 AM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | Are economically disadvantaged families in the US likely to reverse their fortunes anytime soon? Not according to a new report by the Brookings Institution, which found that growing economic disparities between Americans are becoming increasingly permanent and irreversible. In […]
April 3, 2013 04:33 PM By Institute on Taxation and Economic Policy Staff | Permalink | Here’s some happy news: a recent poll finds that just 27 percent of Louisianans support Governor Bobby Jindal’s tax swap, and that’s before the Institute on Taxation and Economic Policy (ITEP) released its latest analysis showing that the poorest […]
April 3, 2013 01:17 PM By Citizens for Tax Justice Staff | Permalink | Idaho lawmakers have opted for a dramatically scaled back tax cut on business equipment. Rather than repealing the business personal property tax entirely as Governor Butch Otter had proposed, the House and Senate have sent him a bill that exempts the […]
March 28, 2013 03:14 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | This week the Supreme Court heard arguments on two cases looking at the constitutionality of same-sex marriage. Specifically, the cases were about measures that ban recognition of gay marriage by the federal government and the state of California. At […]
March 26, 2013 06:33 PM By Institute on Taxation and Economic Policy Staff | Permalink | Oklahoma Governor Mary Fallin’s proposal to repeal the state’s top personal income tax bracket is “gaining traction,” according to The Oklahoman. The plan has already passed the House, and has the support of the state Chamber of Commerce. But […]
March 26, 2013 12:51 PM By Citizens for Tax Justice Staff | Permalink | On Saturday, the Senate approved the budget resolution that was crafted by Budget Chairman Patty Murray of Washington State, by 50 votes. (The resolution would have received 51 votes if New Jersey Senator Frank Lautenberg not been absent due to an […]
March 21, 2013 02:00 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | Actor John Cleese, most famous for his central role in the British comedy group Monty Python, has decided to move back to Great Britain from Monaco, after concluding that the tax benefits of moving to the tax haven last […]
March 20, 2013 05:45 PM By Carl Davis, Research Director at ITEP | Permalink | New Mexico lawmakers recently approved a cut in the corporate income tax rate and special tax breaks for manufacturers and filmmakers. State officials estimate that the bill will eventually cost (PDF) the state about $55 million in lost revenue per […]
March 20, 2013 03:25 PM By Matt Gardner, Senior Fellow at ITEP | Permalink | There’s a lot of talk in the halls of Congress about reforming the federal tax code, but few people think about how that might impact state and local governments and their ability to raise enough revenue to fund the services […]
March 20, 2013 01:26 PM By Institute on Taxation and Economic Policy Staff | Permalink | A story in the Arkansas News show why all citizens should be concerned about the bad design (PDF) of state gasoline taxes. Arkansas’ gas tax hasn’t been raised in over a decade, during which time it has lost about […]
March 19, 2013 03:34 PM By Citizens for Tax Justice Staff | Permalink | UPDATE: As of March 29, 2013 this plan has passed both the House and Senate and is expected to be signed into law by the Governor. This week, the Maryland House will vote on a plan to raise and reform the […]
March 19, 2013 01:54 PM By Citizens for Tax Justice Staff | Permalink | This week, members of Congress will receive a visit from the tax vice presidents of major corporations that have come together in the so-called Reforming America’s Taxes Equitably (RATE) Coalition, a corporate lobbying group pressing lawmakers to reduce the corporate tax […]
March 18, 2013 04:52 PM By Institute on Taxation and Economic Policy Staff | Permalink | Note to Readers: This is the last in a six part series on tax reform in the states. Over the past several weeks CTJ’s partner organization, The Institute on Taxation and Economic Policy (ITEP) has highlighted tax reform proposals and […]
March 15, 2013 03:58 PM By Citizens for Tax Justice Staff | Permalink | Our report on Paul Ryan’s most recent budget notes that it includes a package of specific tax cuts but claims to maintain current law revenue levels, without specifying how. Our report assumes tax expenditures would have to be limited, as all […]