State and local governments depend on many different types of taxes, one of which is known as an excise tax. Like general sales taxes, excise taxes are paid on the purchase of an item. But unlike sales taxes, excise...
- Audio Commentary: Are Windfall Profits Taxes Good Economi...
Audio Commentary: Are Windfall Profits Taxes Good Economics?
In the wake of record profit reports by several large U.S. oil companies, many lawmakers have renewed calls for a "windfall profits" tax on the industry. The following audio commentary was recorded by Tax Foundation President Scott A. Hodge, exploring the economics of windfall profits taxes.
To listen, please click the link below.
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