New Tariff Plan Could Cost States $9 Billion
While the burden of Trump’s tariffs will ultimately be felt by most U.S. consumers, two-thirds of the new taxes will be initially borne by 10 states.
6 min read
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State Individual Income Tax Rates and Brackets, 2018
Individual income tax rates and brackets vary widely by state. Keep track of top marginal income tax rates in your state and others with our new guide.
4 min read
Tax Foundation Brief in Wayfair Online Sales Tax Case: SCOTUS Should Set Meaningful Limits on State Taxing Power
In the South Dakota v. Wayfair online sales tax case, the U.S. Supreme Court should ensure that state sales tax laws don’t burden interstate commerce.
3 min read
President Trump Announces Two Steep Tariffs on Steel and Aluminum
President Trump’s new tariffs on steel and aluminum will have negative consequences for downstream manufacturing companies, consumers, and other sectors in the economy.
4 min read
Sources of Personal Income, Tax Year 2015
Taxpayers reported $10.4 trillion of total income on their 2015 tax returns. This report breaks down the sources of this income: wages and salaries, business income, investment income, and retirement income.
9 min read