President Obama’s fiscal year 2015 budget proposes to increase taxes on individuals by over $820 billion and on businesses by about $500 billion, for a total of over $1.3 trillion in new taxes over the next ten years....
- Video: Joseph Henchman on State Budget Shortfalls (C-SPAN Washingto...
Video: Joseph Henchman on State Budget Shortfalls (C-SPAN Washington Journal)
The author would like to thank Zachary Bartsch for his assistance on this report.
Retail sales taxes are one of the more transparent ways to collect tax revenue. While graduated income tax...
In Fiscal Year 2010, state and local governments collected $441.6 billion in property taxes, comprising 23.5 percent of state and local own-source revenue. The tax exists in all...
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