With a vote looming on an Illinois bill (HB 689) that would impose a graduated income tax with a top rate of 11.25 percent on pass-through businesses (previous coverage here and here), the Illinois Department of Revenue...
Corporate Taxes: Comparing Effective Rates
No matter how you look at the data, U.S. companies are paying one of the heaviest tax burdens in the world, and until our system is more competitive, we will struggle to keep jobs and industries in our country.
Join the Tax Foundation's fight for sound tax policy Go
Ask a Tax Expert
Contact information for Tax Foundation policy staff Ask