Kentucky Legislature Overrides Governor’s Veto to Pass Tax Reform Package
By broadening bases while lowering rates, policymakers in Kentucky took a responsible approach to comprehensive tax reform.
2 min readBy broadening bases while lowering rates, policymakers in Kentucky took a responsible approach to comprehensive tax reform.
2 min readTax Freedom Day is the day when the nation as a whole has earned enough money to pay its total tax bill for the year. In 2018, Tax Freedom Day falls on April 19th, 109 days into the year.
5 min readAmending the Illinois constitution and adopting a graduated-rate income tax cannot solve the state’s fundamental problems. Instead, it doubles down on an already uncompetitive tax code.
16 min readThe proposal includes some good reforms, including conforming to the federal full expensing provision, but also rolls back some recent positive changes.
2 min readIn the wake of the Tax Cuts and Jobs Act, Maine is considering conformity legislation that would improve the competitiveness of the state’s tax code.
3 min readIndividual 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 readTaxpayers 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 readIn response to federal tax reform, Georgia is poised to reform its own tax code in a way that would make the state more competitive with its neighbors.
3 min readThe time and effort associated with tax compliance is a drag on the economy, as researchers have shown. Will the Tax Cuts and Jobs Act reduce that burden?
3 min read