The car tax has been in the news recently in Connecticut and Virginia, the only two states that levy it. It’s important to distinguish this tax, which is a property tax on actual cars, from a sales tax that affects the...
- Fraction of Each Quintile's Total Tax Burden Accounted for by ...
Fraction of Each Quintile's Total Tax Burden Accounted for by Each Type of Tax, Calendar Year 2004
Note: This table measures the economic incidence of taxes rather than the legal incidence. For a more detailed explanation, see "Who Pays Taxes and Who Receives Government Spending? An Analysis of Federal, State and Local Tax and Spending Distributions, 1991-2004," Tax Foundation Working Paper, No. 1, March 2007, available at http://www.taxfoundation.org/files/wp1.pdf.
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Kansas Governor Brownback has signed a H.B. 2059, modifying the tax reduction package passed last year.
Last year, the governor sought a comprehensive tax reform, lowering income tax rates while eliminating deductions. The plan, while...
This week, the Finance and Appropriations Committees of the North Carolina House of Representatives approved legislation that would significantly reform the state’s tax system. House Bill 998 would reduce...
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