Just in time for Halloween, the nonpartisan Tax Foundation has released its annual “State Business Tax Climate Index,” finding some states treat businesses in a rather beastly manner, while others give their local employers the fiscal equivalent of a king-sized candy bar.
Tagged: tax foundation
American companies that reincorporate abroad are not doing so to avoid paying taxes on U.S. earnings, despite the often misleading impressions left by the rantings of Senators Carl Levin, Dick Durbin, Elizabeth Warren, and others to the contrary. They are doing it to avoid paying U.S. taxes on earnings in other countries.
Although at first glance Nebraska’s tax system may appear competitive nationally, it lags behind its regional neighbors, who are its primary competitors for attracting new businesses to the state.
Tax Foundation Vice President Joseph Henchman always does a great job reporting from the tax front, and today was no exception. Here’s his synopsis of last week’s U.S. Senate hearing[…]
As the president’s new tax plan looms on the horizon, the fallout from the notion of a minimum tax rate for millionaires has begun. While Democrats begin to use words[…]
Today is “Tax Freedom Day,” the day on which American’s stop working to fund government and start working to fund their own needs and wants. This is according to the[…]
Yesterday our friends at the Tax Foundation released their annual State-Local Tax Burden study which highlights what state’s taxpayers are facing the highest and lowest tax burdens in the country.[…]