The Congressional Budget Office (CBO) has released its 2015 to 2025 Budget and Economic Outlook. In this yearly publication, the CBO examines current laws (taxes and spending) and projects the outlook for the federal...
- State and Local Sales Tax Rates, 2011 - 2013
State and Local Sales Tax Rates, 2011 - 2013
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...
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 37 percent of total government...
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