Michigan has been tangled up in a transportation funding back-and-forth for the last year or so. The most recent episode was a May ballot initiative to raise sales and gas taxes that failed 80-20. As of yesterday, news...
- Scott Hodge on Fox Business: The Folly of the Buffett Rule
Scott Hodge on Fox Business: The Folly of the Buffett Rule
Key Findings A marriage penalty or bonus is the change in a couple’s total tax bill as a result of getting married and thus filing their taxes jointly. Marriage bonuses typically occur when two individuals with disparate incomes marry...
Individual income taxes are a major source of state government revenue, accounting for 35 percent of state tax collections. Their prominence in public policy considerations is further enhanced by the fact that individuals are directly responsible...
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