There are five basic legal forms of business structures found in the United States: C corporations, S corporations, sole proprietorships, partnerships, and Limited Liability Companies (LLCs). In order to understand...
- The Tax Policy Blog
- Tax Cut Expiration Would Impact States Unevenly
Tax Cut Expiration Would Impact States Unevenly
In light of the latest negotiations on the fiscal cliff and the possibility of raising the threshold for tax cut expiration to $1 million, we recommend reading an earlier Tax Foundation piece from this summer, which looks at the state-by-state impact of that threshold: Fiscal Fact No. 320, "Tax Cut Expiration would Impact States Unevenly" by Ed Gerrish.
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About the Tax Policy Blog
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.