The U.S. House and Senate have passed budget resolutions that outline plans for deep cuts to services that families rely… Continue reading Struggling Americans would be harmed by federal budget and tariff policies, while high-income people receive big tax cuts
Tag: ITEP
Federal stimulus plans should include everyone facing hardship
“At a time of crisis, it is much better to be generous and wide ranging than to be too targeted,”… Continue reading Federal stimulus plans should include everyone facing hardship
Minnesota ranks high for tax fairness in 50-state study
The Institute on Taxation and Economic Policy (ITEP) finds that nearly every state fails basic measures of fairness, but Minnesota is among a small number of states where income inequality is reduced by state tax policy.
Families with children could pay higher taxes under tax conformity
The complex set of tax changes in the recent federal tax bill creates a set of challenging decisions for states like Minnesota.… Continue reading Families with children could pay higher taxes under tax conformity
High-income households get largest share of tax cuts, and their share gets bigger over time
The tax bill moving quickly through the U.S. House fails to do what its proponents claim: it is not focused… Continue reading High-income households get largest share of tax cuts, and their share gets bigger over time
DACA recipients make important tax contributions to Minnesota
Minnesota’s Deferred Action for Childhood Arrival (DACA) recipients pay an estimated $15 million in state and local taxes, according to a report… Continue reading DACA recipients make important tax contributions to Minnesota
Undocumented immigrants pay $83 million in state taxes, would pay more with immigration reform
Undocumented immigrants play a vital role in Minnesota’s economy and currently pay an estimated $83 million in state and local… Continue reading Undocumented immigrants pay $83 million in state taxes, would pay more with immigration reform