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GILTI Minds: Why Some States Want to Tax International Income—And Why They Shouldn’t

The new federal tax on Global Intangible Low-Taxed Income (GILTI) is something of a misnomer: it’s certainly global and it’s definitely income, but the rest of it is, at best, an approximation. It’s not exclusively levied on low-taxed income, nor just on the economic returns from intangible property. So what is GILTI, why might states tax it, and what’s the problem with that?

How High Are State and Local Tax Collections in Your State?

Does Your State Tax Manufacturing Machinery?

America Already Has a Progressive Tax System

Recent interest in raising the tax burden on high-income individuals glosses over the fact that the U.S. federal tax code is already progressive.

Which States Rely the Most on Federal Aid?

Where Did Americans Move in 2018?

Tax Changes Taking Effect January 1, 2019

Charitable Deductions by State

Tax Expenditures Before and After the Tax Cuts and Jobs Act

Wireless Taxes and Fees Climb Again in 2018

A typical family with four cell phones paying $100 per month for service can expect to pay about $229 per year in wireless taxes, fees, and surcharges. Nationally, these impositions make up about 19.1 percent of the average customer’s cell phone bill.