2013 was a year of many changes to the U.S. tax code, and some of the most significant changes were targeted at raising taxes on high-income Americans. The fiscal cliff tax deal created a new 39.6 percent income tax...
- Location Matters (PowerPoint Presentation)
Location Matters (PowerPoint Presentation)
February 29, 2012
Key Findings Policymakers are currently focused on revenue neutral corporate tax reform to bring down the high U.S. statutory corporate tax rate. Corporate-only tax reform leaves out nearly 95 percent of all businesses from tax reform....
Levied in 44 states, corporate income taxes account for a relatively small share of state revenue—5.2 percent of state tax collections and just over 2 percent of all state revenue, including federal transfers. Top rates range from a low of...
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