One of the more compelling reasons to pursue tax reform is the fact that the U.S. has the highest corporate tax rate in the developed world. Another compelling reason is that U.S. multinational corporations (MNCs) must...
- Tax Policy Podcast: Mark Robyn on State Tax Climates
Tax Policy Podcast: Mark Robyn on State Tax Climates
Tax Foundation economist Mark Robyn discusses his most recent report, the 8th edition of the State Business Tax Climate Index. The Index accounts for dozens of state tax provisions, creating a single easy-to-use score that measures each state against the tax climates of every other state.
More on state tax and spending policy here.
- Despite some positive elements, Governor Beshear’s tax proposal as a whole includes several problematic components and neglects basic reforms to modernize the state’s tax code.
- The plan includes a significant...
Illinois significantly raised taxes in 2011 in an attempt to address its $8.5 billion backlog of unpaid bills and other financial difficulties. The state raised its flat individual income tax from 3 percent to 5 percent and increased the...
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