Missouri’s legislature has approved nearly $2 billion in tax incentives for Boeing after a House vote today, and the plan awaits Governor Nixon’s (D) signature. We’ve written on this issue extensively, following it from...
- Current Problems and Issues in State Taxation of interstate Commerce
Current Problems and Issues in State Taxation of interstate Commerce
Government Finance Brief No. 3 (New Series)
State taxation of interstate commerce is receiving close attention as a result of a four-year study by a special Congressional committee and subsequent proposals far Federal action to assure uniform treatment of interstate business.
This pamphlet, third in a new series, is designed to furnish background for current discussions and to summarize the findings and recommendations of the Congressional committee. The Foundation takes no position on this or any other legislation.
After years of slow economic growth and a burgeoning tax code, many in Congress and elsewhere have recognized that now is the time for tax reform. Unfortunately, the political process is often at odds with reform, because it tends to protect the...
Chairman Dave Camp (R-MI) of the House Ways and Means Committee has pledged to offer a tax reform package that would significantly reduce corporate and individual tax rates (to 10 percent and 25 percent for individuals, and to a top rate of 25...
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