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report
May 15, 2004
Federal Taxation of Earnings Versus Investment Income in 2004
How do personal taxes on total investment income compare to taxes on earnings right now? This paper addresses that question. The analysis includes both the… -
brief
May 1, 2004
Value Added Taxes: An Option for States?
In recent months, lawmakers in a number of states have suggested that a particular type of sales tax, called the value-added tax or VAT, might be a cure-all for state budgetary problems. Although Michigan is the only state that currently relies on a VAT as a major revenue source, several other states have recently considered implementing this type of tax. This policy brief evaluates the case for (and against) implementing a VAT at the state level.
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brief
May 1, 2004
State Corporate Tax Disclosure: Why It's Needed
Corporate income taxes are in decline. Corporate tax revenues represent a smaller piece of the federal and state tax pie than at almost any time since World War II. While it is possible to diagnose some of the reasons for this decline on the federal level, very little public information is available to help policymakers evaluate the health of the corporate taxes collected by state governments. For this reason, some policymakers have called for better public disclosure of how much the biggest corporations are paying in state taxes. This policy brief evaluates arguments in favor of (and against) requiring detailed state corporate tax disclosure.
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report
April 15, 2004
Does Personal Income Tax Progressivity Inhibit Economic Growth?
What is the relationship between income tax burdens and state economic growth? A December 2003 study by the Oklahoma Council of Public Affairs (OCPA), titled… -
report
March 30, 2004
The Distributional Impact of SB 1374's Personal Income Tax Changes
The Missouri personal income tax currently applies a graduated rate structure with tax rates ranging from 1.5 percent to 6 percent of taxable income. This… -
report
March 10, 2004
ITEP Testimony on Maryland Tax Reform Options
My testimony today focuses on two revenue-raising tax bills introduced in the Maryland House of Delegates: HB 1061, the “Millionaire’s Tax Surcharge,” and HB 1306,… -
report
July 15, 2003
Tax Options for Arkansas: Funding Education After the Lake View Case
The purpose of this study is to analyze the implications of the Lake View case for the future of financing public education in Arkansas. The… -
report
March 15, 2003
Options for Income Tax Simplification in Iowa
Simplicity is generally seen as a virtue in tax systems. The National Council of State Legislatures argues that a properly functioning tax system should “facilitate… -
report
January 28, 2003
The Impact of Imposing a "Flat Tax" on Missouri Personal Income
The Missouri personal income tax currently applies a graduated rate structure with tax rates ranging from 1.5 percent to 6 percent of income. This rate… -
report
January 15, 2003
Who Pays? A Distributional Analysis of the Tax Systems of All 50 States [2003 Edition]
State governments are facing a profound fiscal crisis. In the past year, states have grappled with mounting budgetary shortfalls, as tax revenues have slumped while…
