Unpacking the State and Local Tax Toolkit: Sources of State and Local Tax Collections

There are a number of sources of state and local tax collections each with important implications for revenue stability and economic growth. Which taxes does your state and/or locality rely on most? Read More

Full Expensing Costs Less Than You’d Think

Full expensing could grow the long-run size of the U.S. economy by 4.2 percent, which would lead to 3.6 percent higher wages and 808,000 full-time jobs. What's more, it wouldn't cost as much revenue as some think. Read More

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Federal Taxes

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State Taxes

The Tax Foundation's Center for State Tax Policy produces and markets timely and high-quality data, research, and analysis on state fiscal issues that influence the debate toward economically principled tax policies.

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Taxes are a part of life, but they don’t need to be burdensome and complex, nor inhibit economic growth. An ideal tax code is one that follows the principles of sound tax policy: simplicity, neutrality, transparency, and stability.