October 26, 2016 02:18 PM By Meg Wiehe, Deputy Director at ITEP | Permalink | This week we are bringing you news on taxing Uber in Pennsylvania and yet more states with revenue gaps to fill in 2017. Thanks for reading the Rundown! — Meg Wiehe, ITEP State Policy Director, @megwiehe A bill to legalize […]
October 20, 2016 02:19 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | A recent analysis by Bloomberg Government revealed that 125 Fortune 500 U.S. multinationals with earnings held offshore spent $230 million lobbying Congress, including on tax issues, in the first six months of 2016. These and other profitable companies too […]
October 19, 2016 05:46 PM By Meg Wiehe, Deputy Director at ITEP | Permalink | This week we are bringing you news of Montana‘s attempt to ban statewide sales taxes, ballot measures to tax e-cigarettes (in California), efforts to enact the nation’s first carbon tax (in Washington state), an initiative to increase income taxes (in […]
October 18, 2016 11:59 AM By Aidan Russell Davis, Senior Analyst at ITEP | Permalink | Over the past 15 years, nearly every state has enacted a cigarette tax increase to fund health care, discourage smoking, or to help balance state budgets. While attempts to address health concerns have merit, the latter is bad public […]
October 13, 2016 05:27 PM By Dylan Grundman, Senior Analyst at ITEP | Permalink | One of the measures facing Missouri voters this fall is Amendment 4, which would modify the state constitution to prohibit future expansions of state or local sales taxes to “any service or transaction” not already included in the tax base. […]
October 13, 2016 02:32 PM By Institute on Taxation and Economic Policy Staff | Permalink | In the Tax Justice Digest we recap the latest reports, blog posts, and analyses from Citizens for Tax Justice and the Institute on Taxation and Economic Policy. Here’s a rundown of what we’ve been working on lately. An Outrage That […]
October 12, 2016 04:34 PM By Meg Wiehe, Deputy Director at ITEP | Permalink | This week we are bringing you news confirming that Kansas’ years of tax cutting have been heavily tilted toward the rich, more lagging revenues in states including Arkansas, Texas and Minnesota, new problems for New Jersey’s budget, and a major new […]
October 12, 2016 03:03 PM By Lisa Christensen Gee, Senior Analyst at ITEP | Permalink | Perhaps one of the most debated ballot measures this fall is Oregon’s Measure 97. Multiple economic analyses are circulating, millions of dollars are being spent campaigning, rotary clubs and chambers of commerce are discussing, teachers are canvasing, editorial boards […]
October 12, 2016 02:10 PM By Institute on Taxation and Economic Policy Staff | Permalink | This post originally appeared on OKPolicy.org and is reposted here with permission. The Gist SQ 779 is a constitutional amendment that would raise the state sales and use tax by one percentage point. Of the total revenue generated by the […]
October 12, 2016 10:05 AM By Carl Davis, Research Director at ITEP | Permalink | This post from October 2016 was updated on February 23, 2017. When is a charitable contribution not a “donation” at all? If a taxpayer manages to turn a profit on the deal, has anything altruistic actually occurred? The clear answer […]
October 6, 2016 11:07 AM By Dylan Grundman, Senior Analyst at ITEP | Permalink | With the announcement that New Jersey leaders have finally struck a deal to modernize the state’s badly outdated gas tax, work can soon finally resume to repair and maintain the state’s roads and bridges. Unfortunately, as a New Jersey Policy Perspective (NJPP) […]
October 6, 2016 10:32 AM By Meg Wiehe, Deputy Director at ITEP | Permalink | This week we are bringing you news of a rotten tax deal in New Jersey, revelations in Kansas, a search for a sound and politically feasible tax reform package in Louisiana, and more state tax happenings. Thanks for reading the […]
October 5, 2016 11:34 AM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | A new report by Citizens for Tax Justice (CTJ), the Institute on Taxation and Economic Policy (ITEP) and the U.S. Public Interest Research Group (PIRG), finds that Fortune 500 companies are now holding $2.5 trillion in earnings offshore. The […]
October 4, 2016 02:22 PM By Lisa Christensen Gee, Senior Analyst at ITEP | Permalink | This fall, in addition to casting their votes for elected officials, voters will also determine significant tax policies through ballot initiatives in states and localities across the country. ITEP will be highlighting a number of tax-related measures on the […]
September 30, 2016 03:16 PM By Institute on Taxation and Economic Policy Staff | Permalink | In the Tax Justice Digest we recap the latest reports, blog posts, and analyses from Citizens for Tax Justice and the Institute on Taxation and Economic Policy. Here’s a rundown of what we’ve been working on lately. The DebateDuring the […]
September 30, 2016 02:17 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | For those concerned with the fate of our corporate tax code, perhaps the most important organization to watch right now is the Financial Accounting Standards Board (FASB). While not well-known to those outside the accounting profession, FASB plays a […]
September 29, 2016 11:04 AM By Citizens for Tax Justice Staff | Permalink | Tax policy has figured prominently in this presidential election cycle, with both major party candidates releasing tax proposals and, on the campaign trail, frequently discussing how their tax policy changes would affect Americans. Hillary Clinton has released a tax plan that […]
September 29, 2016 11:01 AM By Citizens for Tax Justice Staff | Permalink | A New York Times investigation of the extensive tax breaks that Republican presidential nominee Donald J. Trump’s business enterprises received over the past several decades is helping to bring scrutiny to the practice of local property tax abatements and other local […]
September 28, 2016 03:28 PM By Meg Wiehe, Deputy Director at ITEP | Permalink | This week we are bringing you news of proposed new (or increased) taxes in Missouri, Illinois, Louisiana, California and Oregon and the spread of ‘dark store’ tax avoidance practices across the states. Thanks for reading the Rundown! — Meg Wiehe, […]
September 22, 2016 05:32 PM By Richard Phillips, Senior Policy Analyst at ITEP | Permalink | On Thursday, Rep. Mark Pocan (WI-D) introduced the Corporate Transparency and Accountability Act, a bill which would require all publicly-traded multinational companies to disclose their revenues, profits, taxes, and certain other operations information on a country-by-country basis (CbCR) to […]
September 21, 2016 02:20 PM By Meg Wiehe, Deputy Director at ITEP | Permalink | This week we are bringing you news about taxpayer disapproval of stadium subsidies in Nevada, more pressure to reverse tax cuts in Kansas, a move in Missouri to narrow its sales tax base, and other state tax policy developments from […]
September 19, 2016 01:14 PM By Dylan Grundman, Senior Analyst at ITEP | Permalink | Mississippi’s proposal to move to a user-based tax system is a euphemism for increasing regressive sales and consumption taxes that will ultimately result in higher taxes for the poorest Mississippians and lower taxes on the wealthy. Currently, Mississippi legislators are […]
September 15, 2016 05:10 PM By Aaron Mendelson, Intern at ITEP | Permalink | It’s been about three weeks since the Rio Summer Olympics ended, but the finals for the political gymnastics around the mother of all sports competitions are just now beginning. The clear favorite in the competition is a bill proposed by Senators […]
September 15, 2016 02:20 PM By Aidan Russell Davis, Senior Analyst at ITEP | Permalink | Poverty, income-inequality, and stagnant wages have been a major part of the political discourse this election cycle. And for good reason. Although new Census data reveal a substantial drop in poverty and a significant increase in income, median household […]
September 15, 2016 12:29 PM By Lisa Christensen Gee, Senior Analyst at ITEP | Permalink | New national data on poverty and income released this week by the U.S. Census Bureau reveals that from 2014 to 2015, median household income increased by 5.2 percent and poverty declined by 1.2 percent — good news by any […]