Tax Policy – The Composition of Federal Revenue Has Changed Over Time
Lawmakers have recently begun proposing different policy options that would change the U.S. tax system—ranging from wealth taxes to higher marginal income tax rates to increasing the...Tax Policy – VAT Rates in Europe
More than 140 countries worldwide – including all European countries – levy a Value-Added Tax (VAT) on purchases for consumption. As today’s tax map shows, although harmonized to some extent by the European Union (EU),...Tax Policy – State Corporate Income Tax Rates and Brackets for 2019
Key Findings Forty-four states levy a corporate income tax. Rates range from 2.5 percent in North Carolina to 12 percent in Iowa. Six states—Alaska, Illinois, Iowa, Minnesota, New Jersey,...Tax Policy – Who Shoulders the Burden of Federal Income Taxes?
As we think about tax policy proposals designed to target specific or narrow groups of individuals, it’s important to understand who shoulders the burden of income taxes under the current...Tax Policy – A Gross Receipts Tax Would Not Right-Size the Tax Base in Oregon
Over the past month, Oregon’s Joint Committee on Student Success Subcommittee on Revenue has been evaluating options to provide additional revenue for Oregon’s public education...