As part of his new tax plan, the president has proposed ending the “step-up” in tax basis for inherited assets, and, furthermore, requiring the capital gains tax to be paid at death rather than when an heir later sells...
- Federal Gasoline Excise Tax Rate, 1932-2008
Federal Gasoline Excise Tax Rate, 1932-2008
Tax Foundation Fiscal Fact No. 264 Introduction Every day, news headlines highlight the rising price of crude oil. An article on the determinants of oil prices, ominously titled "The Price of Fear," was the top story in a recent edition of...
Tax Foundation Fiscal Fact No. 263 Facing a $3.2 billion deficit, newly elected Connecticut Governor Dannel Malloy (D) recently proposed a FY 2012 budget that would increase taxes by $1.5 billion, cut spending by $758 million and reduce public...
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