Ahead of the Senate hearing on “Offshore Profit Shifting and the U.S. Tax Code,” I released a report reminding us that contrary to the perception created by these types of political spectacles, corporations pay a...
- State Table Wine Excise Tax Rates, as of January 1, 2012
State Table Wine Excise Tax Rates, as of January 1, 2012
Note: This table as orginally published mistakenly listed North Carolina’s wine excise tax rate at $0.77/gal., when it is in fact $1.00/gal. The current table reflects this correction.
On March 21, the Senate voted 79 to 20 to pass a nonbinding budget amendment encouraging the repeal of the Affordable Care Act’s medical device excise tax. This is a 2.3 percent tax on total sales of...
The Institute on Taxation and Economic Policy (ITEP) released a report last month titled Who Pays? A Distributional Analysis of the Tax Systems in All 50 States. The study...