The number of Floridians living below the federal poverty level increased between 2007 and 2009 by almost 550,000 – equal to the population of the cities of Orlando and Tampa…
Florida’s state tax structure has become even more heavily weighted against the poor and middle class, even as the numbers of poor and near-poor Floridians increase and the share of…
The state budget is the ultimate policy document. It determines how much is spent on programs and services that affect the lives of all South Dakotans. Our schools, health, safety…
Due in large measure to the recent national recession and the continuing struggle to recover from it, New Hampshire will face a budget shortfall on the order of several hundred…
Cutting Arkansas’ already generous capital gains taxes would benefit only the super wealthy, with three quarters of the tax break going to the top 1 percent of taxpayers, according to…
All exemptions, credits, and deductions should be examined and weighed against each other and against the principles of tax reform. The grocery exemption, in particular, increases equity and should be…
“The analysis of the effects of extending the Bush tax cuts was prepared for Public Assets Institute by the Institute on Taxation and Economic Policy in Washington, D.C. According to…
On Thursday, 1-27-11, the House Taxation Committee heard testimony on HB 1131 – a proposal to take the sales tax off groceries and replace the revenue with an increase on…
The federal tax compromise passed by Congress in December resulted in extensions to a number of tax changes set to expire and provided a large tax break to the wealthiest…
Every year Kentucky loses billions of dollars in revenue through special tax preferences and breaks for individuals and businesses that are written into the tax code. Yet there is very…
Economists, public administration professionals, and governmental experts agree on several requirements for a sound tax system at any level of government. These requirements include adequacy, fairness, efficiency, and simplicity. The…
The Special Council on Tax Reform and Fairness for Georgians provided recommendations that make improvements to structural issues plaguing Georgia’s tax system. The Tax Council took strong action to broaden…
A tax system is the set of rules and regulations that allow a government to collect the revenue needed to fund public services. The policies underlying a tax system define…
A modern revenue system should improve long-term adequacy, minimize volatility and ensure equity so that the state can invest in North Carolina’s shared prosperity. Read the Full Report (PDF)
There are currently nine initiative petitions and two legislative proposals to place a constitutional amendment before voters in November 2012 that would eliminate personal and corporate incomes taxes and replace…
House Bill 196, sponsored by Representative Bill Farmer, proposes to overhaul Kentucky’s tax system by eliminating income taxes on individuals and corporations while greatly expanding the sales tax base. The…
The current emphasis in Tallahassee on cutting state taxes obscures important facts about Florida’s state tax system and about choices available to balance the budget and meet the needs of…
The Special Council on Tax Reform and Fairness for Georgians provided recommendations that make improvements to structural issues plaguing Georgia’s tax system. The Tax Council took strong action to broaden…
Tax expenditures result in very large revenue losses to the state. Over the years, Rhode Island has given up billions of dollars in potential tax revenue through tax expenditures. Every…
Cutting the Ohio income tax on capital gains would be costly and most of the gains would go to the most affluent Ohioans, while 92 percent of Ohio taxpayers would…
We asked the Institute on Taxation and Economic Policy, a Washington, D.C., research group, to examine House Bill 98. ITEP has a computer model of the tax system of all…
The State EITC is one of the most effective Economic Stimulus Measures: In this time of economic turmoil, one of the most effective steps state lawmakers can take to stimulate…
On March 16, the Tax Reform Committee of the Missouri House of Representatives heard House Bill 581 which would create a state earned income tax credit (EITC). The bill would…
Even with a state EITC, low-income families pay more of their income in state and local taxes than the state’s wealthiest families. Read the Full Report (PDF)
