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Tax Foundation

Latest articles

2d
Elmira Star-Gazette
Holy smokes! New Yorkers simply aren't lighting up as much anymorefactor for the decrease in smoking rates among New Yorkers may be the tax rate
Elmira Star-Gazette / Posted 2 days ago
factor for the decrease in smoking rates among New Yorkers may be the tax rate on cigarettes in New York. According to the Tax Foundation, taxes make up almost half of the retail cost for a package of cigarettes. New York has the highest tax rate... Read more
2 related articles
2d
Elmira Star-Gazette
#1 again: NY leads nation in taxes, new report saystaxed state in the nation. Here are some of the rankings for New York: The re
Elmira Star-Gazette / Posted 2 days ago
taxed state in the nation. Here are some of the rankings for New York: The report relied largely on statistics from the Tax Foundation, the fiscally conservative think tank in Washington that has long ranked New York as having among the highest... Read more
3d
Lowell Sun
EDITORIAL: If Prop 80 makes ballot, voters should reject itAnd then there's the legality of this referendum question. The state's Supreme
Lowell Sun / Posted 3 days ago
And then there's the legality of this referendum question. The state's Supreme Judicial Court heard arguments by The Tax Foundation, an independent tax policy nonprofit, that Proposition 80 usurps the state Legislature's authority over the... Read more
4d
Lowell Sun
Study: 'Millionaire' tax would hurt Bay Statedeductions for state income and local property taxes. "This is going to create
Lowell Sun / Posted 4 days ago
deductions for state income and local property taxes. "This is going to create a double whammy effect," Sullivan said. The Tax Foundation, an independent tax policy nonprofit, filed a brief with the Supreme Judicial Court of Massachusetts in... Read more
6d
Crain's Detroit Business
Tax reform will have cost for companies that did tax inversionspredict the tax plan will increase the federal deficit by as low as $448 billio
Crain's Detroit Business / Posted 6 days ago
predict the tax plan will increase the federal deficit by as low as $448 billion over 10 years, according to the Tax Foundation, or as much as $1.3 trillion over a decade, according to the Tax Policy Center. The tax changes, however, are... Read more
10d
WSB-TV 2 Atlanta
Georgia governor wants to slash state tax windfalla rainy-day fund) is going to be appropriate," said Nicole Kaeding, an economis
WSB-TV 2 Atlanta / Posted 10 days ago
a rainy-day fund) is going to be appropriate," said Nicole Kaeding, an economist at Washington's conservative-leaning Tax Foundation. "But that doesn't mean, however, to keep all of the money." Senate Minority Leader Steve Henson, D-Stone... Read more
14d
News 10 NBC Rochester
NYS Exposed: high cigarette taxes fuel the nation's biggest black marketBerkeley Brean: “And what's the consequence of that?” Scott Drenkard, Tax Foun
News 10 NBC Rochester / Posted 14 days ago
Berkeley Brean: “And what's the consequence of that?” Scott Drenkard, Tax Foundation: “There are all sorts of bad consequences to that. First you have less cigarette revenue. I mean one of the points of cigarette taxes is to raise revenue for... Read more
14d
Elmira Star-Gazette
A $14B tax increase? Cuomo’s claim 'grossly misleading,' critics saystate and local tax deduction cap "will really only affect high earners," said
Elmira Star-Gazette / Posted 14 days ago
state and local tax deduction cap "will really only affect high earners," said Jared Walczak, a senior analyst at the Tax Foundation, another fiscally conservative group. Overall, most New Yorkers are getting tax break, despite the limit on... Read more
6 related articles
14d
NJ.com
Will Phil Murphy plan to combat Trump's gutting of property tax breaks work?But the agency declined further comment Friday. Jared Walczak, a senior policy
NJ.com / Posted 14 days ago
But the agency declined further comment Friday. Jared Walczak, a senior policy analyst at the conservative-leaning Tax Foundation, told the Associated Press that while the proposal is creative, it's unlikely the IRS will sign off. "IRS and... Read more
3 related articles
14d
The Courier Express Newspapers
Property tax plan gains support, but skepticism lingersrespond to a request for comment on Murphy's plan. Jared Walczak, a senior pol
The Courier Express Newspapers / Posted 14 days ago
respond to a request for comment on Murphy's plan. Jared Walczak, a senior policy analyst at the conservative-leaning Tax Foundation, called the proposal creative, but indicated it's unlikely to meet IRS muster. "IRS and Treasury officials... Read more
15d
Elmira Star-Gazette
Blue states vs. Washington: How the fight is growing across Americaconsistent with the ideological views of many making these efforts," said Jared
Elmira Star-Gazette / Posted 15 days ago
consistent with the ideological views of many making these efforts," said Jared Walczak, a senior analyst at the Tax Foundation, a fiscally conservative group in Washington. "What New York and California are doing is trying to make the... Read more
17d
Hartford Courant
Malloy Alters 2 Business Taxes To Boost RevenueIt requires multistate corporations to add the profits of all subsidiaries, reg
Hartford Courant / Posted 17 days ago
It requires multistate corporations to add the profits of all subsidiaries, regardless of location, into one report rather than separate accounting in which each is reported individually, according to the Tax Foundation, a research orga... Read more
17d
Bureau County Republican
Texas is ‘open for business,’ so why not Illinois?you.” As a result, the Texas per capita state and local tax burden of 7.6 perc
Bureau County Republican / Posted 17 days ago
you.” As a result, the Texas per capita state and local tax burden of 7.6 percent in 2011 (latest year available from the Tax Foundation) ranks 46th�from the highest. In Illinois, our burden was 11 percent, 5th highest. The Texas corporate tax... Read more
17d
Santa Rosa Press Gazette
How the new tax bill affects Santa Rosa Countythe tax bill,” Ogletree said. “The range of the bump will be based upon which t
Santa Rosa Press Gazette / Posted 17 days ago
the tax bill,” Ogletree said. “The range of the bump will be based upon which tax bracket they are in.” According to the Tax Foundation, individuals in the 95-99 percent income range would receive a 2.2 percent increase in after-tax income. Those... Read more
22d
FOX 6 Milwaukee
Tax or no tax? Wisconsin bills seek to eliminate sales tax on diapers and feminine hygiene productsin the state of Wisconsin, they're looking at getting into other fiber products
FOX 6 Milwaukee / Posted 22 days ago
in the state of Wisconsin, they're looking at getting into other fiber products," Krug said. Nicole Kaeding of the Tax Foundation says states should be leery of sale tax exemptions. "Providing these sort of one-off exemptions for things... Read more
22d
WFMJ Youngstown
Trump administration officials fan out to sell tax overhaulhave gotten bonuses, raises or larger payments to their retirement accounts sin
WFMJ Youngstown / Posted 22 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
22d
CBS News
Trump administration officials fan out to sell tax overhaulhave gotten bonuses, raises or larger payments to their retirement accounts sin
CBS News / Posted 22 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
23d
Crain's Chicago Business
Roskam talks taxes as he preps for tough re-election bidwhat the impact would be in your district in terms of how many taxpayers might
Crain's Chicago Business / Posted 23 days ago
what the impact would be in your district in terms of how many taxpayers might be paying more versus less? A. So when the Tax Foundation and the Ways and Means Committee economists have evaluated this, and the non-partisan Joint Committee on... Read more
23d
New York Daily News
Trump administration officials fan out to sell tax overhaulhave gotten bonuses, raises or larger payments to their retirement accounts sin
New York Daily News / Posted 23 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
23d
FOX Business
Trump administration officials fan out to sell tax overhaulhave gotten bonuses, raises or larger payments to their retirement accounts sin
FOX Business / Posted 23 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
23d
FOX Business
Trump administration officials fan out to sell tax overhaulhave gotten bonuses, raises or larger payments to their retirement accounts sin
FOX Business / Posted 23 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
23d
WPXI Pittsburgh
Trump administration officials fan out to sell tax overhaulhave gotten bonuses, raises or larger payments to their retirement accounts sin
WPXI Pittsburgh / Posted 23 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
23d
The Courier Express Newspapers
Trump administration officials fan out to sell tax overhaulhave gotten bonuses, raises or larger payments to their retirement accounts sin
The Courier Express Newspapers / Posted 23 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
23d
WSOC-TV Charlotte
Trump administration officials fan out to sell tax overhaulhave gotten bonuses, raises or larger payments to their retirement accounts sin
WSOC-TV Charlotte / Posted 23 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
23d
WSB-TV 2 Atlanta
Trump administration officials fan out to sell tax overhaulhave gotten bonuses, raises or larger payments to their retirement accounts sin
WSB-TV 2 Atlanta / Posted 23 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
23d
WFTV 9 Orlando
Trump administration officials fan out to sell tax overhaulhave gotten bonuses, raises or larger payments to their retirement accounts sin
WFTV 9 Orlando / Posted 23 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
23d
ABC 7 Gulfshore News
Trump administration officials fan out to sell tax overhaulhave gotten bonuses, raises or larger payments to their retirement accounts sin
ABC 7 Gulfshore News / Posted 23 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
23d
The Middletown Press
Dan Haar: Why Malloy is right on tolls and a gas tax hikeor four years. Connecticut is pummeled for tax increases in the national media
The Middletown Press / Posted 23 days ago
or four years. Connecticut is pummeled for tax increases in the national media and among anti-tax think tanks such as the Tax Foundation, not to mention the outfits that rank states by their business climates. Any whiff of a hike in one of the Big... Read more
7 related articles
23d
ABC 7 Gulfshore News
Trump promoting recent tax cuts during session with workershave gotten bonuses, raises or larger payments to their retirement accounts sin
ABC 7 Gulfshore News / Posted 23 days ago
have gotten bonuses, raises or larger payments to their retirement accounts since the tax law was signed. The nonpartisan Tax Foundation estimated that the $1.5 trillion law would increase gross domestic product by 1.7 percentage points over a... Read more
25 related articles
24d
Langley Times
Nick Geer, former head of ICBC, dies in California car crashhis family says he “made his way to Vancouver” in 1967. He served on the board
Langley Times / Posted 24 days ago
his family says he “made his way to Vancouver” in 1967. He served on the boards of the Vancouver Foundation, the Canadian Tax Foundation and Collingwood School, which he and Penny Geer helped found in North Vancouver. “Starting a new school was... Read more
24d
EuroNews
Fact-check: How some of Trump’s State of the Union claims stand up to realityabout? Those are the provisions that are slated to go away," said Kyle Pomerlea
EuroNews / Posted 24 days ago
about? Those are the provisions that are slated to go away," said Kyle Pomerleau, the director of federal projects at The Tax Foundation, an independent tax policy think tank. Most of the tax cuts affecting individuals expire in 2026. By 2027,... Read more
24d
Connecticut Post
Dan Haar: Malloy will back tolls, rightlyLoree showed. Connecticut is pummeled for tax increases in the national media
Connecticut Post / Posted 24 days ago
Loree showed. Connecticut is pummeled for tax increases in the national media and among anti-tax think tanks such as the Tax Foundation, not to mention the outfits that rank states by their business climates. Any whiff of a hike in one of the Big... Read more
7 related articles
24d
Darien News-Review
Dan Haar: Malloy will back tolls, rightlyLoree showed. Connecticut is pummeled for tax increases in the national media
Darien News-Review / Posted 24 days ago
Loree showed. Connecticut is pummeled for tax increases in the national media and among anti-tax think tanks such as the Tax Foundation, not to mention the outfits that rank states by their business climates. Any whiff of a hike in one of the Big... Read more
7 related articles
24d
Stamford Advocate
Dan Haar: Malloy will back tolls, rightlyLoree showed. Connecticut is pummeled for tax increases in the national media
Stamford Advocate / Posted 24 days ago
Loree showed. Connecticut is pummeled for tax increases in the national media and among anti-tax think tanks such as the Tax Foundation, not to mention the outfits that rank states by their business climates. Any whiff of a hike in one of the Big... Read more
7 related articles
25d
The Washington Times
An encouraging State of the Unionpercent, will be on a thousand-dollar gain rather than the real gain, adjusted
The Washington Times / Posted 25 days ago
percent, will be on a thousand-dollar gain rather than the real gain, adjusted for inflation, of $579. The non-partisan Tax Foundation calculated in 2013 that the average effective capital gains rate, excluding gains based on inflation between... Read more
28d
Baltimore Sun
Cal Thomas: High taxes produce a moving experiencetop marginal income tax rate is 13.3 percent, the highest state income tax rate
Baltimore Sun / Posted 28 days ago
top marginal income tax rate is 13.3 percent, the highest state income tax rate in the country, according to the National Tax Foundation. The state also ranks highest nationally in its sales tax of 7.25 percent. Anyone filling up at a gas station... Read more
28d
Arkansas Democrat-Gazette
3 governors plan suit over tax lawfor high-tax, liberal-leaning states at the expense of low-tax, conservative-le
Arkansas Democrat-Gazette / Posted 28 days ago
for high-tax, liberal-leaning states at the expense of low-tax, conservative-leaning states. According to the conservative Tax Foundation, taxpayers in six states -- California, Illinois, New Jersey, New York, Pennsylvania and Texas -- claimed more... Read more
42 related articles
28d
CBS 6 Richmond
Feminine hygiene products could become tax exempt$4.5 million the first year and more than $5.5 million in 2024, the Virginia De
CBS 6 Richmond / Posted 28 days ago
$4.5 million the first year and more than $5.5 million in 2024, the Virginia Department of Taxation said. According to the Tax Foundation, a nonprofit think tank, 14 states do not tax feminine hygiene products. Nine specifically exempt them –... Read more
28d
Chicago Tribune
3 states plan lawsuit challenging constitutionality of tax law cap on state and local deductionfor high-tax, liberal-leaning states at the expense of low-tax, conservative-le
Chicago Tribune / Posted 28 days ago
for high-tax, liberal-leaning states at the expense of low-tax, conservative-leaning states. According to the conservative Tax Foundation, taxpayers in six states - California, Illinois, New Jersey, New York, Pennsylvania and Texas - claimed more... Read more
42 related articles
28d
Eagle Bulletin
From the Assembly: Governor claims federal tax law is ‘economic civil war’ but fails to show facts beyond rhetoricbe as devastating to New York as Gov. Cuomo claims. It is no secret that New Y
Eagle Bulletin / Posted 28 days ago
be as devastating to New York as Gov. Cuomo claims. It is no secret that New York is a high-tax state. The non-partisan Tax Foundation each year ranks every state in terms of their tax burden and New York is always either the highest or close to... Read more
29d
FOX News
Democrats see 'crumbs' and 'scraps' with new tax cuts, Americans see bigger paychecks and more jobswhile raising taxes on a majority of families making less than $75,000 in the c
FOX News / Posted 29 days ago
while raising taxes on a majority of families making less than $75,000 in the coming years.” Again, simply not true. A Tax Foundation analysis shows a tax cut for all income groups, “with some of the largest changes in after-tax income accruing... Read more
29d
FOX News
Democrats see 'crumbs' and 'scraps' with new tax cuts, Americans see bigger paychecks and more jobswhile raising taxes on a majority of families making less than $75,000 in the c
FOX News / Posted 29 days ago
while raising taxes on a majority of families making less than $75,000 in the coming years.” Again, simply not true. A Tax Foundation analysis shows a tax cut for all income groups, “with some of the largest changes in after-tax income accruing... Read more

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