Much of the growth in business income since 1980 has come from pass-through businesses. Pass-throughs now earn over 60 percent of all net business income. In 2011, pass-throughs earned $1.3 trillion in business income...
- The Tax Policy Blog
- Nanny Tax Rap
Nanny Tax Rap
Plenty of "sin taxes" have been proposed this past year: an 18 percent tax on non-diet soda (NY), a 7 percent poured drink tax (Pittsburgh), a 5 cent bottled water tax (Chicago), an 1800% hike in beer taxes from $1.30/keg to $24.80/keg (OR), a $5 charge on entries into strip clubs (TX), etc.
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The Tax Policy Blog is the official blog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.