Yesterday, the Senate approved a three month extension of the Highway Trust Fund. The bill, called the Surface Transportation and Veterans Health Care Choice Improvement Act, would fund the Highway Trust Fund until...
- State Business Tax Climate Index-- Sales Tax Index, 2011-...
State Business Tax Climate Index-- Sales Tax Index, 2011-2012
January 25, 2012
Key Findings Policymakers are currently focused on revenue neutral corporate tax reform to bring down the high U.S. statutory corporate tax rate. Corporate-only tax reform leaves out nearly 95 percent of all businesses from tax reform....
Levied in 44 states, corporate income taxes account for a relatively small share of state revenue—5.2 percent of state tax collections and just over 2 percent of all state revenue, including federal transfers. Top rates range from a low of...
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