The Japanese parliament has approved a 3.29 percent cut in the corporate tax rate from an effective rate of about 35 percent, according to Bloomberg. Prime Minister Shinzo Abe has previously announced plans to lower the...
- How Does Your State Compare? Tax Foundation Releases 2009...
How Does Your State Compare? Tax Foundation Releases 2009 Version of Facts & Figures Handbook
Sixth Edition of Handbook Designed to Give Taxpayers, Lawmakers Simple Guide on Their States' Rankings on 38 Different Tax and Fiscal Measures
Washington, DC, February 24, 2009 - Today, the Tax Foundation is releasing its 2009 version of Facts and Figures: How Does Your State Compare?, a pocket-sized booklet comparing the 50 states on 38 different measures of taxing and spending, including individual and corporate income tax rates, business tax climates, excise taxes, tax burdens and state spending. The booklet is edited by Mark Robyn, analyst for the Tax Foundation.
Since 1937, the Tax Foundation has produced and published reliable information on government finances at the federal, state and local levels. As many states are going through fiscal crises because of the current economic downturn, accurate information on state fiscal matters is more important than ever.
"While state lawmakers are looking at various approaches to solve their fiscal problems, they should be cognizant that each change made to the tax code will affect their state's competitive position in relation to others states regionally and nationally, for better or worse," said Scott Hodge, president of the Tax Foundation.
Facts & Figures: How Does Your State Compare? can be found online at http://www.taxfoundation.org/legacy/show/2181.html.
The Tax Foundation is a nonpartisan, nonprofit organization that has monitored fiscal policy at the federal, state and local levels since 1937.
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