Tax Blog
Tips to help you prepare for tax season
Recent Study on Financial Transaction Taxes Understates their Economic Harm
Tax Policy - Recent Study on Financial Transaction Taxes Understates their Economic Harm A recent article by Public Citizen, entitled “A Progressive Tax With Beneficial Effects,” estimates the impact that a 0.1 percent Financial Transaction Tax (FTT) such as the...
Bloomberg’s Financial Transaction Tax (FTT) Proposal Revives Bad Policy
Tax Policy - Bloomberg’s Financial Transaction Tax (FTT) Proposal Revives Bad Policy This week, former New York City Mayor and Democratic presidential candidate Michael Bloomberg released a proposal to levy a 0.1 percent tax on all financial transactions....
Marginal Tax Rates on Labor Income in the U.S. After the Tax Cuts and Jobs Act
Tax Policy - Marginal Tax Rates on Labor Income in the U.S. After the Tax Cuts and Jobs Act Workers in the United States face federal individual income taxes and payroll taxes on their labor income. The individual income tax system is progressive, as tax rates...
New Evidence on Territorial Taxation
Tax Policy - New Evidence on Territorial Taxation In the current globalized economy businesses have supply chains that can cross borders multiple times. Multinational businesses also make choices in how they want to reach their customers. A country headquartered...
Reliance on Corporate Income Tax Revenue in Europe
Tax Policy - Reliance on Corporate Income Tax Revenue in Europe A recent report on tax revenue sources shows the extent to which OECD countries rely on different tax types. Today’s map looks at the corporate income tax, which, compared to individual taxes,...
How High are State and Local Tax Collections in Your State?
Tax Policy - How High are State and Local Tax Collections in Your State? Today’s state tax map shows state and local tax collections per capita in each of the 50 states and the District of Columbia. Tax collections of $10,717 per capita in D.C. surpass those in...

