Chances are, if you were to pull out your latest pay stub, you would see two important lines among the list of taxes taken out of your wages: FICA and MEDFICA. If you were to do the math, these two lines, standing for...
- State and Local Property Tax Collections Per Capita by St...
State and Local Property Tax Collections Per Capita by State, 2006-2010
Key Findings: OECD countries rely heavily on consumption taxes, such as the value-added tax, and social insurance taxes, such as the payroll tax. The United States relies heavily on the individual income tax, at 38.7 percent of total...
Key Findings With his newly released tax reform proposal, Governor Paul LePage becomes the first governor to propose substantive tax reform in 2015. The plan would result in a tax cut of $267 million per year as of FY 2019, with the plan fully...
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