Federal debt and interest on the debt are near record levels. A statutory fiscal commission is the most viable option to ...

Imposing sales taxes on rental car companies' fleet purchases yields double taxation and causes harmful tax pyramiding.

The state with the highest combined state and federal corporate tax rate is New Jersey at 30.1 percent. The US average is ...

The 2026 Spanish Regional Tax Competitiveness Index compares regions that have embraced tax reform and those who lag behind.

Rather than continuing the Trump administration’s tariff policy, policymakers should explore new solutions that can raise ...

How Do Maryland Taxes Compare to Other States? Maryland has a graduated state individual income tax, with rates ranging from 2.00 percent to 6.50 percent, plus local income taxes that can add up to ...

In addition to the federal estate taxAn estate tax is imposed on the net value of an individual’s taxable estate, after any exclusions or credits, at the time of death. The tax is paid by the estate ...

How Do Illinois Taxes Compare to Other States? Illinois has a flat 4.95 percent individual income tax rate. Illinois has a 9.50 percent corporate income tax rate (7 percent plus a 2.5 percent personal ...

How Do Michigan Taxes Compare to Other States? Michigan has a flat 4.25 percent individual income tax rate. There are also jurisdictions that collect local income taxes. Michigan has a flat 6.00 ...

Leading tax policy experts provide the latest details and analysis of the 2026 Billionaire Tax Act, a California ballot initiative that would impose a one-time tax of 5 percent on the net worth of the ...

In most states, businesses not only pay taxes on their real property (land and structures), but also on their machinery, equipment, fixtures, and supplies, which are classified as tangible personal ...