States tax real property in a variety of ways: some impose a rate or a millage—the amount of tax per thousand dollars of value—on the fair market value of the property, while others impose it on some percentage (the...
- Putting a Face on America's Tax Returns: Chart 6
Putting a Face on America's Tax Returns: Chart 6
Key Findings: The growing complexity of the U.S. tax code has led to large compliance costs for households and businesses. Using data from the Office of Information and Regulatory Affairs and the Bureau of Labor Statistics, it is possible to...
Key Findings: Several lawmakers and presidential candidates in 2016 have proposed changes to the federal estate tax. These changes are a worthwhile case study in economic modeling of tax proposals. The estate tax’s marginal...
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