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Banks Urge Congress to Review Credit Union Exemption

Billions of New Revenue for Georgia Leads to Tax Reform Discussion

Mississippi’s Pro-Growth Tax Swap Proposal

Iowa Governor Outlines Plan to Cut Rates and Repeal Federal Deductibility

Marriage Penalties and Bonuses under the Tax Cuts and Jobs

The marriage penalty and the marriage bonus are each ways that the income tax code violates the principle of neutrality and affects taxpayer behavior. Here’s how each works and why they deserve attention.

Lower Social Security Benefits under Governor Cuomo’s Plan

State and Local Sales Tax Rates, 2018

In addition to state-level sales taxes, consumers also face local sales taxes in 38 states. These rates can be substantial, so a state with a moderate statewide sales tax rate could actually have a very high combined state and local rate.

Electric Vehicles Will Have a Long-Term Impact on the Gas Tax

In the wake of the Trump administration’s infrastructure plan, it’s worth considering how the gas tax will remain viable with the rise of electric vehicles.

Americans Consume Much More than They Invest

Recent data show that Americans stand out for consuming much more than they invest, and this is due in part to the tax code’s bias against savings.

The United States’ Corporate Income Tax Rate is Now More in Line with Those Levied by Other Major Nations

The Tax Cuts and Jobs Act significantly reduced the federal statutory corporate income tax rate. When combined with state and local taxes, it put the U.S.’s corporate tax rate in line with the average among OECD nations.