Institute on Taxation and Economic Policy9h
South Florida Sun Sentinel: Editorial: If Property Taxes are Doomed, an Income Tax is Fairer
After years of ranking second or third, Florida is now considered the absolute worst in terms of how much less a percentage of their incomes Donald Trump and other wealthy residents pay compared to ...
Institute on Taxation and Economic Policy1d
The Boston Globe: If the IRS Betrays Immigrants, We All Pay the Price
Millions of immigrants living in the country illegally still pay income taxes every year, contributing billions to federal, state, and local governments, often through the Individual Taxpayer ...
Institute on Taxation and Economic Policy1d
Washington State Budget & Policy Center: The Truth About Washington’s Revenue Shortfall
During the 2025 legislative session, Washington state lawmakers face a budget shortfall that threatens funding for the public programs ...
itep3d
Minnesota Budget Project: Trump’s 2025 Tax Plans Would Hurt Everyday Americans
Trump tax plans – like extending most provisions of the Tax Cuts and Jobs Act (TCJA) that are set to expire, special tax breaks for people who earn some kinds of income, or new corporate tax cuts – ...
Institute on Taxation and Economic Policy4d
State Approaches to Global Intangible Low-Taxed Income (GILTI)
Many states with corporate income taxes include some amount of federally defined Global Intangible Low-Taxed Income (GILTI) in their tax bases. Twenty-one states plus D.C. include some amount of GILTI ...
Institute on Taxation and Economic Policy5d
New York Times: Musk Suggests His Team Will Scrutinize Social Security and Entitlement Spending
Elon Musk, the world’s richest individual, suggested on Monday that his government cost-cutting team would scrutinize Social Security and ...
itep5d
On the Map
Many states with corporate income taxes include some amount of federally defined Global Intangible Low-Taxed Income (GILTI) in their tax bases. Twenty-one states plus D.C. include some amount of GILTI ...
Institute on Taxation and Economic Policy5d
Business Insider: Starbucks Likely Avoided Taxes on $1.3 billion in Profit Using a Swiss Subsidiary, a New Report Finds
A little-known Starbucks subsidiary in Switzerland appears to have played a big role in how much the coffee chain paid over the last decade in taxes, according to a new report. On paper, Starbucks ...
Institute on Taxation and Economic Policy5d
Centre for International Corporate Tax Accountability and Research: Starbucks’ Swiss Scheme: ‘Fair’ Trading or Global Tax Dodge?
A new report from CICTAR alleges that hidden behind its ‘ethical’ sourcing of coffee beans, Starbucks engages in major global tax avoidance. The report estimates that at least $1.3 billion has been ...