Since the beginning of 1995, a series of tax changes have been enacted that are reducing New York State tax collections by several billions of dollars per year. One question…
An analysis of more than 550 Minnesota economic development disclosure reports— tracking more than $176 million in loans, grants, and tax increment financing (TIF) by cities, regional bodies and state…
Thank you Mr. Chairman and members of the Committee for the opportunity to appear today. I will be discussing three aspects of House Bill 109, the Hager/Below/Fernald Education Funding and…
Several proposals for reforming the Maryland personal income tax have recently been suggested, including accelerating previously enacted rate cuts, increasing retirement income exemptions, and introducing new rate cuts above those…
This report offers an examination of these and other issues pertaining to the tax system of Iowa and the state’s economic and social environment. Included in the study is an…
Minnesota is to be commended for having a detailed tax expenditure budget-most states do not. The report, prepared by the Department of Revenue, is a useful resource for the development…
It is beyond the scope of this testimony to do a complete analysis of the New Hampshire tax system. The following table, however, shows that New Hampshire, as with most…
This report will examine Minnesota’s major taxes, who pays these taxes, and how taxation has changed over time. The study will also examine Minnesota’s economic and social indicators, and state…
This study looks at taxes paid by income group, as shares of income, for every state and the District of Columbia. Our primary finding is that by an overwhelming margin,…
In short, while not all “tax expenditures” are evil, many of them undermine tax fairness, impede economic growth and divert scarce tax dollars away from better uses. If we hope…
