![state and local tax deduction, State Tax Changes](https://taxfoundation.org/wp-content/uploads/2016/09/states_map-e1592237888563-300x218.jpg)
All Related Articles
![state and local tax deduction, State Tax Changes](https://taxfoundation.org/wp-content/uploads/2016/09/states_map-e1592237888563-300x218.jpg)
![Tax Reform Phase Two](https://taxfoundation.org/wp-content/uploads/2018/06/US-Capitol-Cropped1-300x210.png)
![Inflation Reduction Act book minimum tax Inflation Reduction Act accelerated depreciation change in corporate tax liablities, book tax, or corporate minimum tax congressional budget office cbo Eliminating the alternative minimum tax eliminating the AMT inflation indexing, inflation adjusting state tax codes, traditional CPI, index brackets for inflation, index for inflation](https://taxfoundation.org/wp-content/uploads/2018/06/Pass-Through-Deduction-Calculator-300x225.jpg)
Reforming the Pass-Through Deduction
Here’s how the new pass-through deduction works and how it can be reformed to be less complex, less prone to abuse, more neutral, and more economically efficient.
49 min read![3 Impacts of the Tax Cuts and Jobs Act related to the Financial Sector](https://taxfoundation.org/wp-content/uploads/2018/06/account-achievement-bank-870902-e1529682306574-300x188.jpg)
![Stock Buybacks Don't Hinder Investment Spending](https://taxfoundation.org/wp-content/uploads/2018/06/Stock-Buybacks-300x225.jpg)
Stock Buybacks Don’t Hinder Investment Spending
Stock buybacks transfer capital from old established firms to new and innovative ones that need capital to meet their potential.
2 min read![New Jersey Corporate Tax Rate 13%](https://taxfoundation.org/wp-content/uploads/2018/06/NJ-Corporate-Rate-13-300x258.png)
![Drug Advertising](https://taxfoundation.org/wp-content/uploads/2018/06/pills-384846_1920-300x200.jpg)
![china tariffs](https://taxfoundation.org/wp-content/uploads/2018/03/AdobeStock_154237998-e1529340832188-300x201.jpeg)
![Seattle Head Tax Repeal](https://taxfoundation.org/wp-content/uploads/2018/06/seattle-416065-300x224.jpg)
![New Jersey Considers 12 Percent Corporate Tax Rate](https://taxfoundation.org/wp-content/uploads/2018/03/NJCIT2018-02-300x258.png)
![OECD countries and globe, Fair Share Claims but Businesses are Central to Tax Collection Systems](https://taxfoundation.org/wp-content/uploads/2017/11/AdobeStock_103186140-e1529337656701-300x200.jpeg)
The OECD Highlights the Economic Growth Benefits of Full Expensing
The Organisation for Economic Co-operation and Development (OECD) praised a measure in the Tax Cuts and Jobs Act (TCJA) passed last December.
2 min read![Sales tax, Sales tax 2016, sales tax by state 2016](https://taxfoundation.org/wp-content/uploads/2016/07/shopping1-e1592182146154-300x200.jpg)
New Letter Says the “Retail Glitch” is Discouraging Business Investment
Retail groups sent a letter to Congress explaining that the “retail glitch” in the Tax Cuts and Jobs Act would discourage business investment.
3 min read![imports exports tariffs](https://taxfoundation.org/wp-content/uploads/2014/05/AdobeStock_82193464-e1529343111249-300x200.jpeg)
![small business pass-through, business people working, businesses now have 100 percent bonus depreciation](https://taxfoundation.org/wp-content/uploads/2017/02/small-business-e1529349200987-300x200.jpeg)
The Fixtures Fix: Correcting the Drafting Error Involving the Expensing of Qualified Improvement Property
Due to a legislative oversight, the Tax Cuts and Jobs Act excluded the category of qualified improvement property investment from 100 percent bonus depreciation.
12 min read![Tax on stock buybacks Wyden stock buybacks tax Tax Cuts and Jobs Act, House Ways and Means, temporary tax policy](https://taxfoundation.org/wp-content/uploads/2017/01/flickr_-_uscapitol_-_east_fron-300x215.jpg)
Highlights from the New JCT Tax Expenditure Report
How have federal tax expenditures changed since passage of the Tax Cuts and Jobs Act? We compare 2017 and 2018 Joint Committee on Taxation estimates.
8 min read![cost recovery expensing capital allowances factory](https://taxfoundation.org/wp-content/uploads/2018/05/AdobeStock_114525500-e1592332993534-300x200.jpeg)
Capital Cost Recovery across the OECD, 2018
One hundred percent expensing for short-life business investments was a great start but needs to be enacted on a permanent basis for it to have an impact on long-term decision-making.
15 min read![IRS, Federal Income Tax Data](https://taxfoundation.org/wp-content/uploads/2015/01/310860384_1a2c882e1f_o-e1529356053290-300x225.jpg)
![](https://taxfoundation.org/wp-content/uploads/2017/01/california-flag-e1529954906893-300x200.jpg)
![](https://taxfoundation.org/wp-content/uploads/2017/01/indiana-300x197.jpg)
Indiana Passes Conformity Bill in One-Day Special Session
Indiana recently passed tax conformity legislation linking the state’s individual and corporate tax code to the new federal law.
2 min read![New York city tax proposals New York budget and New York revenue options](https://taxfoundation.org/wp-content/uploads/2018/04/AdobeStock_97927166-e1529340766726-300x147.jpeg)