September 5, 2012 04:19 PM By Citizens for Tax Justice Staff | Permalink | More and more people are asking if Bain Capital’s tax avoidance strategies are more than merely aggressive. On August 23, Gawker.com released a staggering 950 pages of documents related to Bain, the private equity firm that Mitt Romney founded, that confirm […]
September 5, 2012 03:29 PM By Citizens for Tax Justice Staff | Permalink | Like the Republicans last week, Democrats are featuring governors at their national nominating convention. Because convention speakers are chosen as the parties’ ambassadors to new audiences during these TV spectacles, the state policy team at the Institute on Taxation and Economic […]
September 4, 2012 04:23 PM By Citizens for Tax Justice Staff | Permalink | Like the Republicans last week, Democrats are featuring governors at their national nominating convention. Because convention speakers are chosen as the parties’ ambassadors to new audiences during these TV spectacles, the state policy team at the Institute on Taxation and Economic […]
September 4, 2012 02:35 PM By Citizens for Tax Justice Staff | Permalink | Almost all proposals for a broad-based national tax on consumption are terrible ideas. But there is one such proposal — a tax on carbon emissions — that might make sense so long as it includes features to keep it from burdening […]
August 31, 2012 12:27 PM By Citizens for Tax Justice Staff | Permalink | “Unlike President Obama, I will not raise taxes on the middle class,” Republican presidential candidate Mitt Romney said during his acceptance speech. It was a startling statement because it describes one of the facts about Romney’s own tax plan and attributes […]
August 30, 2012 03:53 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | The GOP’s core philosophy about tax policy is perfectly distilled in its 2012 platform where it states simply that “[l]owering taxes promotes substantial economic growth.” What this one-sided analysis misses is that lower taxes do not promote economic growth, […]
August 30, 2012 03:15 PM By Citizens for Tax Justice Staff | Permalink | Romney and Ryan Both Propose Plans that Would Give Millionaires Average Breaks of at Least $250,000, and Possibly as High as $400,000Presidential candidate Mitt Romney and his running mate, Congressman Paul Ryan, have both proposed tax plans that would make the […]
August 30, 2012 03:12 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | The GOP’s 2012 platform contains many of the policies that you would expect from the party, such as calling for the extension of the Bush tax cuts and reducing corporate tax rates. Here we focus, however, on three planks […]
August 30, 2012 01:30 PM By Citizens for Tax Justice Staff | Permalink | by Robert S. McIntyre, CTJ Director Almost a year ago, long before Mitt Romney became the Republican presidential nominee, CTJ was the first to figure out just how little Romney pays in federal income taxes. Based on Romney’s limited but useful […]
August 29, 2012 07:02 PM By Institute on Taxation and Economic Policy Staff | Permalink | Oklahoma Governor Mary Fallin is not backing down from her quest to phase out the Sooner State’s personal income tax. Despite her best efforts, lawmakers adjourned earlier this summer after defeating every single tax cut proposal (more than half […]
August 29, 2012 05:28 PM By Citizens for Tax Justice Staff | Permalink | Both Republicans and Democrats are featuring governors at their national nominating conventions. Because convention speakers are chosen as the parties’ ambassadors to new audiences during these TV spectacles, the state policy team at the Institute on Taxation and Economic Policy are […]
August 29, 2012 11:03 AM By Citizens for Tax Justice Staff | Permalink | Presidential candidate Mitt Romney has been doing a lot of media interviews lately, and when the editors at Politico wrote up their sit-down with the GOP nominee, they characterized Romney’s answers to their questions as “the clearest window yet into how […]
August 28, 2012 07:30 PM By Citizens for Tax Justice Staff | Permalink | Both Republicans and Democrats are featuring governors at their national nominating conventions. Because convention speakers are chosen as the parties’ ambassadors to new audiences during these TV spectacles, the state policy team at the Institute on Taxation and Economic Policy are […]
August 28, 2012 05:30 PM By Citizens for Tax Justice Staff | Permalink | Both Republicans and Democrats are featuring governors at their national nominating conventions. Because convention speakers are chosen as the parties’ ambassadors to new audiences during these TV spectacles, the state policy team at the Institute on Taxation and Economic Policy are […]
August 28, 2012 11:04 AM By Citizens for Tax Justice Staff | Permalink | Both Republicans and Democrats are featuring governors at their national nominating conventions. Because convention speakers are chosen as the parties’ ambassadors to new audiences during these TV spectacles, the state policy team at the Institute on Taxation and Economic Policy are […]
August 23, 2012 03:15 PM By Citizens for Tax Justice Staff | Permalink | Mitt Romney appears to have a lot at stake in the upcoming election when it comes to his own federal taxes. If Obama wins and gets his tax plan adopted, then Romney will pay an effective federal tax rate of 34.3 […]
August 23, 2012 12:37 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | The Congressional Budget Office’s (CBO) latest 10 year budget and economic projections set off yet another firestorm of dire headlines warning of a “deep recession” if Congress does nothing to address the so-called “fiscal cliff.” While such headlines create […]
August 22, 2012 09:37 AM By Institute on Taxation and Economic Policy Staff | Permalink | Here’s a follow up to our previous post describing the effort to get a much needed severance tax increase on the ballot in Arkansas. The former natural gas executive, Sheffield Nelson, who was behind the effort has said that […]
August 20, 2012 03:35 PM By Citizens for Tax Justice Staff | Permalink | The Olympics may be over, but some US lawmakers are still competing for the lousy tax policy medal. Weeks after Florida Senator Marco Rubio proposed—and President Barack Obama endorsed—a bill to exempt US Olympians’ gold-medal bonuses from federal income tax, a […]
August 17, 2012 12:17 PM By Institute on Taxation and Economic Policy Staff | Permalink | Uber-supply side economist Arthur Laffer and Kansas Governor Sam Brownback gave small business owners a “pep talk” earlier this week about the massive tax cuts that the Governor signed into law earlier this year. It’s part of the Governor’s […]
August 16, 2012 02:45 PM By Citizens for Tax Justice Staff | Permalink | A widely tweeted report from the Tax Foundation claims that failure to enact the House Republican bill extending most of the expiring tax cuts would mean that Americans lose significant tax cuts — from an average $1,310 in Mississippi to an […]
August 15, 2012 04:23 PM By Citizens for Tax Justice Staff | Permalink | Bowing to political pressure and threats that the company would move its operations to another state, Illinois Governor Pat Quinn last year promised Motorola Mobility $100 million over ten years if it agreed to keep 2,500 jobs in the state. (In […]
August 15, 2012 11:38 AM By Institute on Taxation and Economic Policy Staff | Permalink | As the back- to-school sales tax holidays season winds down, this Institute on Taxation and Economic Policy (ITEP) op-ed is a reminder that consumers and citizens “should not accept tax-free weekends as a replacement for the types of real […]
August 14, 2012 12:22 PM By Citizens for Tax Justice Staff | Permalink | Colorado’s governor is inviting residents to participate in a series of town hall type meetings this year “designed to create informed and constructive conversations among Coloradans about some of the biggest issues facing the state.” While the leadership of the initiative, […]
August 11, 2012 04:03 PM By Citizens for Tax Justice Staff | Permalink | Updated 3/10/2015 On Saturday morning, Republican Presidential Candidate Mitt Romney announced Wisconsin Representive Paul Ryan as his vice presidential running mate. Over the past eight years, Citizens for Tax Justice has crunched the numbers and provided in-depth analysis on the succession […]