“See, we can agree on certain things,” Pennsylvania Governor Tom Wolf (D) quipped during his State of the State Address, when members of both parties applauded his proposal to phase out the Commonwealth’s Capital Stock...
- State Individual Income Tax Rates, 2000-2014
State Individual Income Tax Rates, 2000-2014
April 01, 2013
Executive Summary President Obama proposed a long list of changes to the tax system as part of his fiscal year 2016 budget. We used the Tax Foundation Taxes and Growth Model to determine the likely effect of the proposed tax changes on GDP, capital...
Key Findings Taxpayers reported $9.2 trillion of total income on their 2012 tax returns, a substantial increase from the previous year’s $8.4 trillion. 68 percent ($6.3 trillion) of total income reported on individual income tax returns...
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