Individual Income and Payroll Taxes

Reliance on Social Insurance Tax Revenue in Europe

Reliance on Individual Income Tax Revenue in Europe

State and Local Individual Income Tax Collections per Capita

Summary of the Latest Federal Income Tax Data, 2020 Update

The latest IRS data shows that the U.S. individual income tax continues to be very progressive, borne primarily by the highest income earners. The top 1 percent of taxpayers pay a 26.8 percent average individual income tax rate, which is more than six times higher than taxpayers in the bottom 50 percent (4.0 percent).

Marginal Tax Rates on Labor Income in the U.S. After the Tax Cuts and Jobs Act

Wisconsin Considers Standard Deduction Increase, TPP Tax Reduction

Analysis of Democratic Presidential Candidate Payroll Tax Proposals

Several 2020 Democratic presidential candidates have proposed changes to federal payroll tax rates and the Social Security payroll tax wage base to raise revenue and maintain solvency for major federal entitlement programs.

Tennessee’s Governor Lee Pushes to Clear Out Remnants of Income Taxation

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.

Navigating Alaska’s Fiscal Crisis

The Fiscal Reforms Agreed by Spain’s Coalition Government

Analysis of Sen. Warren and Sen. Sanders’ Wealth Tax Plans

New modeling finds that the wealth taxes proposed by Sen. Warren and Sen. Sanders would raise significantly less revenue than promised, face serious administrative and compliance challenges, and would increase foreign ownership of U.S. capital.

Iowa Governor Proposes Second Round of Tax Reform

Gig Economy Workers Get Boost from New IRS Dedicated Tax Center

Austria’s New Government Revamps Tax Plans

Reviewing the Tax Changes in Senator Bennet’s Real Deal

The “Real Deal” would increase the tax burden on saving, investing, and working in the United States, and reduce the global competitiveness of the U.S. economy.

As Tax Filing Season Begins, Taxpayers Prepare for 2020 Federal Tax Changes

Coming This Spring: TABOR-Triggered Income Tax Relief in Colorado

Tax Trends at the Dawn of 2020

From remote sales tax collection to taxes on marijuana and vaping products, we recap the top state tax trends from 2019 and break down which ones you should watch for in 2020.

State Tax Changes as of January 1, 2020

This year was a significant one for state tax policy, and the wide range of changes taking effect January 1, 2020, reflects the scope and intensity of that activity. With states continuing to grapple with issues like the taxation of international income and collections obligations for remote sellers and marketplace facilitators, the coming year is unlikely to be any quieter.