The National Football League (NFL) will give up its status as a tax-exempt organization, reports Richard Rubin at Bloomberg. Rubin calls it a "move with minimal financial effect and significant symbolic value." NFL...
- Tax Policy Podcast: Prof. John Garen on Kentucky's B...
Tax Policy Podcast: Prof. John Garen on Kentucky's Blue Ribbon Reforms
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...
Individual income taxes are a major source of state government revenue, accounting for 35 percent of state tax collections. Their prominence in public policy considerations is further enhanced by the fact that individuals are directly responsible...
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