In his recent speech calling for legislation to stop corporate inversions, President Obama added fuel to the misperception that when a company moves its headquarters to another country it avoids paying U.S. taxes. He...
- Putting a Face on America's Tax Returns: Chart 2
Putting a Face on America's Tax Returns: Chart 2
- Average wage earners in the United States face two major taxes: the individual income tax and the payroll tax (levied on both the employee and the employer).
- Although a little more than half of a worker’s...
- Legislation currently being considered in Illinois would amend the state constitution to allow for a graduated-rate individual income tax. Plans being discussed would move Illinois from a single rate...
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