Inflation-Indexing

State Individual Income Tax Rates and Brackets, 2020

Individual income taxes are a major source of state government revenue, accounting for 37 percent of state tax collections in fiscal year (FY) 2017. Several states had notable individual income tax changes in 2020: Arizona, Arkansas, Massachusetts, Michigan, Minnesota, North Carolina, Ohio, Tennessee, Virginia, and Wisconsin.

Ranking Corporate Income Taxes on the 2020 State Business Tax Climate Index

Inflation Adjusting State Tax Codes: A Primer

State Individual Income Tax Rates and Brackets, 2019

Economic and Budgetary Impact of Indexing Capital Gains to Inflation

Getting “Real” by Indexing Capital Gains for Inflation

Many elements of the income tax are adjusted for inflation, such as tax brackets, but the purchase price of assets that are later sold for capital gains or losses is not. Here’s the case for changing that.

Inflation Indexing: A Protection for Maryland Taxpayers

Retrospective on the 1981 Reagan Tax Cut