Tax Foundation RSS Feed

Add the RSS feed URL below into your favorite newsreader to keep up on tax news or check back on this page often.

Tax Foundation RSS Feed

 

Tax Foundation

  1. With the adoption of its new budget in mid-November, North Carolina has reinforced its position as a leader in pro-growth tax reform, becoming the 12th state to enact income tax rate reductions in 2021 alone.
  2. The House Build Back Better plan would result in an estimated net revenue increase of about $1 trillion, 125,000 fewer jobs, and on average less after-tax incomes for the top 80 percent of taxpayers by 2031.
  3. According to the 2021 International Tax Competitiveness Index, Switzerland has the best-structured consumption tax among OECD countries while Poland has the worst-structured consumption tax code.
  4. Key Findings: Excessive tax rates on cigarettes in some states induce substantial black and gray market movement of tobacco products into high-tax states from low-tax states or foreign sources. New York has the highest inbound smuggling activity, with an estimated 52.2 percent of cigarettes consumed in the state deriving from smuggled sources in 2019. New […]
  5. As lawmakers today look for ways to boost American industry and reduce costs for consumers, they should pay attention to the mountains of evidence that the Trump-Biden tariffs have harmed American consumers and businesses.

2021  businesscpa.cc   globbers joomla templates