The car tax has been in the news recently in Connecticut and Virginia, the only two states that levy it. It’s important to distinguish this tax, which is a property tax on actual cars, from a sales tax that affects the...
- Tax Features June 1995
Tax Features June 1995
Since 1957, Tax Features has been the Tax Foundation’s official bimonthly policy review. Tax Features presents in-depth, semi-technical articles on topical issues in tax policy. Topics covered include: state business tax climates, state tax collections and rates, the effects of tax cuts on individuals and businesses, Tax Freedom Day and more. Tax Features is distributed to thousands of journalists, members of congressional tax writing committees, executive branch agencies, corporate tax managers, state tax officials, university libraries, tax-related nonprofits and academics.
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Federal mineral royalty revenues are often overlooked, but they represent a substantial portion of some states’ revenues. Certain minerals, such as coal, oil, and gas, are available for extraction and...
As Congress moves closer to debating fundamental tax reform, the amount U.S. multinational firms pay in taxes on their foreign income has become a common topic for the press and among politicians. Some of the more sensational press stories and...
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