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...
- Putting a Face on America's Tax Returns: Chart 6
Putting a Face on America's Tax Returns: Chart 6
Federal mineral royalty revenues are often overlooked, but they represent a substantial portion of some states’ revenues. Certain minerals, such as coal, oil, and gas, are available for extraction and...
As Congress moves closer to debating fundamental tax reform, the amount U.S. multinational firms pay in taxes on their foreign income has become a common topic for the press and among politicians. Some of the more sensational press stories and...
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