October 17, 2018 • By ITEP Staff
KANSAS Read as PDF KANSAS STATE AND LOCAL TAXES Taxes as Share of Family Income Top 20% Income Group Lowest 20% Second 20% Middle 20% Fourth 20% Next 15% Next 4% Top 1% Income Range Less than $21,500 $21,500 to $39,800 $39,800 to $62,700 $62,700 to $102,600 $102,600 to $206,900 $206,900 to $479,200 over $479,200 […]
April 27, 2017 • By Aidan Davis
States are experiencing a rapid decline in state corporate income tax revenue, and the downward trend has become increasingly pronounced in recent years. Despite rebounding bottom lines for many corporations, a new ITEP report, 3 Percent and Dropping: State Corporate Tax Avoidance in the Fortune 500, 2008 to 2015,finds that effective tax rates paid by […]
February 24, 2017 • By Aidan Davis
A recently introduced Senate Bill in West Virginia (SB 335) would ultimately eliminate the state’s personal and corporate income taxes, do away with the sales and use tax, and reduce the state’s severance tax. Under the plan, the revenue lost from this assortment of diverse taxes would be replaced by an 8 percent broad-based general […]
February 2, 2017 • By Aidan Davis
This is the third installment of our six-part series on 2017 state tax trends. The introduction to this series is available here. As we described last week, many states are gearing up for challenging budget debates this year. But the need to address revenue shortfalls has not stopped lawmakers in many states from pursuing harmful […]
July 25, 2012 • By ITEP Staff
RESOURCES State Tax & Revenue Information Delaware Department of Finance – Fiscal Notebook Delaware Department of Finance – General Fund Revenue Portfolio Delaware Economic and Financial Advisory Council (DEFAC) – Revenue Forecast Delaware Office of Management & Budget – Budget Development, Planning, & Administration Delaware General Assembly – Office of the Controller General […]
July 25, 2012 • By ITEP Staff
RESOURCES State Tax & Revenue Information Connecticut Department of Revenue – Tax Research Library Connecticut Office of Policy and Management – Budget & Financial Management Division Connecticut Office of Policy and Management – Municipal Data Connecticut General Assembly – Office of Fiscal Analysis Connecticut General Assembly – Office of Legislative Research Tax […]