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Utah Contemplates 86 Percent Tax on E-Cigarettes

Who Benefits from Itemized Deductions?

While some tax preferences like the earned income tax credit (EITC) and child tax credit benefit lower- and middle-income households, others, like itemized deductions, benefit high-income households.

New Mexico Tax Increase Package Advances

Complexity of the Corporate Income Tax in Europe

There are Better Ways to Raise Revenue in Oregon Than a Gross Receipts Tax

Taxing Transactions a Few Too Many Times

Arkansas Chips Away at Tax Reform

Analysis of the Cost-of-Living Refund Act of 2019

We estimate that a new proposal to expand the EITC would reduce federal revenue by $1.8 trillion and decrease long-run GDP by 0.29 percent, while boosting labor force participation for low-income tax filers by 822,788 full-time equivalent jobs.

How Much Does Your State Collect in Corporate Income Taxes Per Capita?

The Top 1 Percent’s Tax Rates Over Time

In the 1950s, when the top marginal income tax rate reached 92 percent, the top 1 percent of taxpayers paid an effective rate of only 16.9 percent. As top marginal rates have fallen, the tax burden on the rich has risen.