States tax real property in a variety of ways: some impose a rate or a millage—the amount of tax per thousand dollars of value—on the fair market value of the property, while others impose it on some percentage (the...
- Fiscal Cliff: Continuing Resolution
Fiscal Cliff: Continuing Resolution
In the most recent twist of the fiscal cliff negotiations, Speaker Boehner has offered to allow the Bush tax cuts to expire for millionaires, meaning in this case those earning literally one million dollars or more in adjusted gross income. Speaker...
Recently, we released an analysis looking at the potential total tax increase on the median four-person family in each state. We found that higher income and lower states tended to be affected more than middle income states—higher income...
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