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All Related Articles
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![options for boosting economic growth](https://taxfoundation.org/wp-content/uploads/2020/04/linkedin-In-Stream_Wide___business-small-business-worker-300x158.jpg)
Biden-Harris Proposals Can Raise Taxes on the Middle Class
If we look at both the legal incidence of the Biden-Harris policy proposals and their economic incidence, we find both direct and indirect tax increases on many taxpayers who earn less than $400,000.
2 min read![north carolina tax competitiveness North Carolina tax reform North Carolina business tax reform](https://taxfoundation.org/wp-content/uploads/2020/10/charlotte-north-carolina-e1625578144858-300x200.jpeg)
2021 State Business Tax Climate Index
166 min read![](https://taxfoundation.org/wp-content/uploads/2020/10/biden-555555555555-linkedin-300x157.jpeg)
Top Rates in Each State Under Joe Biden’s Tax Plan
President Joe Biden’s tax plan would yield combined top marginal state and local rates in excess of 60 percent in three states: California, Hawaii, and New Jersey (also New York City).
4 min read![The Biden Tax Plan Would Rank the U.S. Below Where It Stood Prior to Tax Reform International Tax Competitiveness Index Ranks for 2020 with the U.S. ranks for 2017, 2020, and the Biden tax plan us competitiveness](https://taxfoundation.org/wp-content/uploads/2020/10/Biden-tax-plan-would-rank-the-US-below-where-it-stood-prior-to-tax-reform.-biden-tax-plan-us-competitiveness-240x300.png)
How Would Biden’s Tax Plan Change the Competitiveness of the U.S. Tax Code?
While the Biden campaign is certainly focused on increasing taxes on U.S. businesses and high-income earners, it is important that policymakers also understand what that reversal might do to U.S. competitiveness, and the competitive global environment in which U.S. companies and U.S. workers operate.
3 min read![](https://taxfoundation.org/wp-content/uploads/2020/10/linkedin-In-Stream_Wide___phoenix-arizona-300x158.jpg)
Arizona Proposition 208 Threatens Arizona’s Status as a Destination for Interstate Migration
Significantly raising the income tax through Proposition 208 will only serve to make Arizona less competitive, especially at a time when individuals and small businesses are already struggling. If Arizona is looking for a long-term way to increase education funding, it would do well to avoid overburdening struggling taxpayers and look toward more broad-based, stable sources of revenue.
5 min read![European country rankings on the 2020 International Tax Competitiveness Index. European tax systems ranked, Europe tax rankings](https://taxfoundation.org/wp-content/uploads/2020/10/2020-ITCI-European-Map-FV-300x289.png)
International Tax Competitiveness Index 2020
Our International Index compares OECD countries on over 40 variables that measure how well each country’s tax system promotes sustainable economic growth and investment.
13 min read![Nebraska Tax Modernization A Key to Economic Recovery and Growth in Nebraska](https://taxfoundation.org/wp-content/uploads/2020/09/Tax-Modernization-A-Key-to-Economic-Recovery-and-Growth-in-Nebraska-Omaha-Nebraska-300x158.jpg)
Tax Modernization: A Key to Economic Recovery and Growth in Nebraska
A competitive tax code has never been more important, and these tax policy improvements can both strengthen the short-term economic recovery and promote long-term economic growth in Nebraska.
26 min read![The US federal tax system is progressive overall](https://taxfoundation.org/wp-content/uploads/2020/10/TF_CBO_1-Federal-tax-system-progressive-300x215.png)
Congressional Budget Office Releases 2017 Data on Household Income and Tax Burdens
Contrary to the perceptions of some, new data indicate that (1) income earned after taxes and transfers has increased over the past several decades for all income groups; (2) the federal tax system is increasingly progressive; and (3) that system relies heavily on higher earners to raise revenue for government services and means-tested transfers.
3 min read![Illinois fair tax, Governor Pritzker](https://taxfoundation.org/wp-content/uploads/2019/03/chicago55-e1552321397229-300x200.jpg)
Twelve Things to Know About the “Fair Tax for Illinois”
Heading into Election Day, the Illinois legislature and Governor J.B. Pritzker (D) are trying to convince voters to scrap a key constitutional feature of Illinois’ tax system: a provision in the state constitution that prohibits a graduated-rate income tax.
18 min read![](https://taxfoundation.org/wp-content/uploads/2020/10/state-and-local-ballot-measures-twitter-01-300x168.png)
State and Local Tax Ballot Measures to Watch on Election Day 2020
Here are the state tax ballot measures to watch on Election Day 2020. Explore the most notable 2020 state tax ballot measures in 15 states.
4 min read![Colorado Proposition 116: Will Voters Reduce the State Income Tax Rate? Colorado prop 116](https://taxfoundation.org/wp-content/uploads/2020/10/colorado-denver-state-house-300x225.jpg)
Colorado Proposition 116: Will Voters Reduce the State Income Tax Rate?
This Election Day, Colorado voters will weigh in on Proposition 116, which would permanently reduce the state’s flat income tax rate from 4.63 to 4.55 percent.
2 min read![New Jersey millionaires tax, New Jersey FY 2021 budget](https://taxfoundation.org/wp-content/uploads/2020/09/new-jersey-capitol-e1601478891980-300x181.jpeg)
Seventh Time’s the Charm: New Jersey Passes Millionaires Tax
After six unsuccessful tries at passage, it appears the coronavirus crisis has tipped the scales in favor of Gov. Phil Murphy’s (D) millionaires tax. New Jersey may be feeling the financial squeeze right now, but this large income tax change will not solve budget problems and may exacerbate funding issues by making the state even unfriendlier to businesses.
3 min read![](https://taxfoundation.org/wp-content/uploads/2020/09/carbon-emissions-4-300x200.jpg)
A Carbon Tax to Make the TCJA’s Individual Provisions Permanent
Making the Tax Cuts and Jobs Act’s individual provisions permanent combined with a carbon tax can be a revenue-neutral trade and increase the long-run size of the economy by 1 percent, making it a sustainable pro-growth option.
23 min read![Biden capital gains tax rate proposal historical context of capital gains tax proposal under Biden tax plan](https://taxfoundation.org/wp-content/uploads/2021/04/Biden-capital-gains-tax-rate-proposal-historical-context-300x157.jpeg)
Joe Biden’s Tax Plan Explained
Depending on the outcome of the 2020 presidential election, we could be looking at a very different tax code in the years to come. What tax changes has former Vice President Joe Biden proposed and what would they mean for U.S. taxpayers, businesses, and the overall economy?
![Recent Changes in Top Personal Income Tax Rates in Europe 2020 Top individual income tax rates in Europe](https://taxfoundation.org/wp-content/uploads/2020/09/Recent-Changes-in-Top-Personal-Income-Tax-Rates-in-Europe-2020-297x300.png)
Recent Changes in Top Personal Income Tax Rates in Europe
Ten European OECD countries recently changed their top personal income tax rates. Of the ten countries, six cut their top personal income tax rates while the other four raised their top rates.
4 min read![Sweden's 2021 budget, Sweden 2021 permanent personal income tax cuts](https://taxfoundation.org/wp-content/uploads/2020/09/linkedin-In-Stream_Wide___Sweden-5-e1600878495967-300x158.jpg)
Sweden’s 2021 Budget: Permanent Income Tax Cuts
Sweden’s 2021 budget outlines an aggressive plan to both cut income taxes in a permanent manner alongside multiple other tax cuts and spending increases
3 min read![payroll taxes, payroll tax holidays. trump payroll tax holiday, Republican study committee reclaiming the american dream welfare policy, labor policy, education policy](https://taxfoundation.org/wp-content/uploads/2020/03/linkedin-In-Stream_Wide___manufacturing-factory-worker-e1594677089544-300x158.jpg)
Republican Study Committee Workforce Plan Rethinks Education, Labor, and Welfare Tax Policy
The House Republican Study Committee released a proposal, “Reclaiming the American Dream,” which includes 118 policy recommendations to address education, labor, and welfare policy with the aim of expanding opportunity, liberty, and free enterprise for all Americans.
7 min read![How have your state's tax revenues changed in FY 2020 compared to FY 2019? State revenue collections beat state revenue expectations in FY 2020 despite coronavirus pandemic and economic downturn](https://taxfoundation.org/wp-content/uploads/2020/09/How-have-your-states-tax-revenues-changed-since-FY-2019-01-300x255.png)
New Census Data Shows States Beat Revenue Expectations in FY 2020
State tax revenue collections were down 5.5 percent in FY 2020, driven by a dismal final quarter (April through June) as states began to feel the impact of the COVID-19 pandemic. While these early losses are certainly not desirable, they are manageable and far better than many feared.
16 min read![State marriage penalty, state marriage penalties, does your state have a marriage penalty?](https://taxfoundation.org/wp-content/uploads/2020/09/Marriage-Penalty-2020-01-300x263.png)
Does Your State Have a Marriage Penalty?
A marriage penalty exists when a state’s income brackets for married taxpayers filing jointly are less than double the bracket widths that apply to single filers.
2 min read