Tax revenue as a percent of GDP is one metric many use to gauge how much corporate income tax revenue the United States is raising. The advantage of this metric is that it controls for the size of the economy and gives...
- Portland Business Journal Cites Tax Foundation Fiscal Fact Criticiz...
Portland Business Journal Cites Tax Foundation Fiscal Fact Criticizing Oregon's Recent Slew of Tax Hikes
"Tax Foundation criticizes state tax hikes"
By Portland Business Journal Staff
The Tax Foundation has called Oregon's new tax laws "short-sighted political patchwork" in a study released Thursday. The foundation, a Washington, D.C.-based nonprofit organization that monitors tax policy, said both personal and corporate income tax hikes make the state's tax revenue "more volatile and predictable.
- The four different tax bases for calculating corporate tax are reduced to three as of FY 2015 (eliminating the corporate AMT base) and further reduced to two over time (eliminating...
Indiana tax reforms in the past few years have been impressive. In 2011, state senator Brandt Hershman addressed a weak link in the state’s tax code by leading a bill that set the corporate income tax rate on a four-year...
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