Category: State Tax News & Profiles

[ad_1] Most countries’ personal income taxes have a progressive taxA progressive tax is one where the average tax burden increases with income. High-income families pay […]

[ad_1] Latest Updates Updated to reflect the implementation of structural changes in several states. Updated to reflect recent state tax policy developments. Originally published. See […]

[ad_1] The pandemic led to one of the largest fiscal responses in U.S. history, impacting households across the income distribution. A new report from the […]

[ad_1] The landscape of taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover […]

[ad_1] This is part of our educational blog series, “The Short Form,” to simplify taxA tax is a mandatory payment or charge collected by local, […]

[ad_1] Last week, the Congressional Budget Office (CBO) released an updated Budget and Economic Outlook. The report (released annually) presents the agency’s current projections of […]

[ad_1] Sales taxes go beyond a few extra bucks at the register. It’s not just about what you pay, but who pays. What are the […]

[ad_1] For most Americans, saving is a taxing experience. The most readily available option is to put money away in a savings or brokerage account […]

[ad_1] A new working paper published by U.S. Treasury economists found that the interest limitations implemented under the 2017 TaxA tax is a mandatory payment […]

[ad_1] Sellers in some states could soon be simultaneously required and prohibited from publishing sales taxA sales tax is levied on retail sales of goods […]