by Upstate Tax Professionals | Mar 18, 2020 | Tax Tips and News
Tax Policy – Tax Policy to Bridge the Coronavirus-Induced Economic Slowdown
The coronavirus-related lockdowns and quarantines are causing a major but temporary pause in economic activity. Many jobs and paychecks have been suspended. Congress and the Trump...
by Upstate Tax Professionals | Mar 18, 2020 | Tax Tips and News
Tax Policy – Tax Policy and Economic Downturns
The current coronavirus outbreak has policymakers around the world advancing policies to counteract the economic effects of the crisis. Those economic effects are likely to be severe, and policymakers should...
by Upstate Tax Professionals | Mar 18, 2020 | Tax Tips and News
Tax Policy – How Much Does Your State Collect in Sales Taxes per Capita?
This week’s map looks at state and local sales tax collections per capita. Forty-five states and the District of Columbia have state-levied sales taxes. Five states—Alaska, Delaware,...
by Upstate Tax Professionals | Mar 18, 2020 | Tax Tips and News
Tax Policy – Federal Proposal to Levy Excise Tax on Spring Water Extraction
Representative Debbie Wasserman Schultz (D-FL) is proposing to levy a federal excise tax on spring water extraction—also known as a severance tax. Her bill, Save Our Spring Act of...
by Upstate Tax Professionals | Mar 18, 2020 | Tax Tips and News
Tax Policy – Analysis of Capital Gains Tax Proposals Among Democratic Presidential Candidates
Key Findings Income earned from appreciating assets—rather than wages—constitutes a large portion of income for taxpayers in the highest income brackets....
Upstate Tax Professionals