Federal debt and interest on the debt are near record levels. A statutory fiscal commission is the most viable option to ...
The 2026 Spanish Regional Tax Competitiveness Index compares regions that have embraced tax reform and those who lag behind.
The state with the highest combined state and federal corporate tax rate is New Jersey at 30.1 percent. The US average is ...
Imposing sales taxes on rental car companies' fleet purchases yields double taxation and causes harmful tax pyramiding.
In addition to the federal estate taxAn estate tax is imposed on the net value of an individual’s taxable estate, after any exclusions or credits, at the time of death. The tax is paid by the estate ...
Rather than continuing the Trump administration’s tariff policy, policymakers should explore new solutions that can raise ...
Voters face two Colorado income tax measures. Amendment 87 permits graduated rates to 8.4%; Proposition 136 caps rates at 4.4 ...
The American Revolution was a tax revolt over the power to tax, not over tax burdens. It serves as a reminder that tax policy can have impacts (big and small) that last for centuries.
In addition to the federal estate tax, which has a top marginal rate of 40 percent, 12 states and the District of Columbia impose estate taxes, while five states levy inheritance taxes.
How Do Illinois Taxes Compare to Other States? Illinois has a flat 4.95 percent individual income tax rate. Illinois has a 9.50 percent corporate income tax rate (7 percent plus a 2.5 percent personal ...