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Tax Foundation

  1. Tax reform is finally on the table for Georgia, and the House has done its part to make sure it happens, passing a reform bill yesterday. After news broke that Georgia is set to receive an extra $5.2 billion over five years as a result of federal tax reform, the state has moved quickly to […]
  2. Like most states, Idaho anticipates increased revenue under the new federal tax law, which broadens the state’s tax base. States effectively have three options: (1) do nothing and keep the money; (2) decouple or otherwise tinker with their codes to return the windfall to the taxpayers; or (3) conform with the changes while returning the […]
  3. Senator Hass’s proposal to limit the special pass-through deduction in Oregon is the right choice, protecting the state’s budget, while advancing sound tax policy.
  4. Filing your taxes can be taxing. In addition to the actual amount of taxes due, there are compliance costs associated with filling out tax forms and determining what you owe. In the past, the Tax Foundation and others have attempted to estimate the cost of tax compliance. A new paper by Youssef Benzarti, an Assistant […]
  5. Bank associations representing every state in the country sent a letter to Senate Finance Committee Chairman Orrin Hatch (R-Utah) on Tuesday, encouraging Congress to review the tax exemption given to credit unions. Unlike banks, which are subject to corporate income taxes, credit unions are exempt; but the exemption, which dates to the Great Depression-era, has […]

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