As the corporate income tax debate rages on, the discussion must extend beyond just firms' federal…
read more
Darien Shanske (UC-Hastings), How Less Can Be More: Using the Federal Income Tax to Stabilize State and Local Finance, 21 Va. Tax Rev. ___ (2012): Governments at all levels – federal, state and local – are suffering through ever mor... Read Post
You’ve probably heard that half of all Americans don’t pay any federal income tax. They pay other taxes, of course: payroll tax and state and local taxes and sales taxes and various government user fees. But they don’t pay federal i... Read Post
For those who still have an income, one upshot of the economic downturn is that the amount of taxes Americans pay relative to income is at its lowest level in sixty years. USA Today: Federal, state and local taxes — including income... Read Post