A regressive tax is one that is assessed at the same rate to everyone, regardless of their income. They are also sometimes ...
A regressive tax may look neutral on paper, but it often forces lower-income households to give up a much larger share of ...
A new report suggests Detroit could raise between $42 million and $71 million by creating a 1% sales tax that would cost ...
The one big change in Mayor Michael Bloomberg's executive budget for fiscal year 2010 is his proposed increase in the city sales tax from 4.0 percent to 4.5 percent, double the increase he proposed in ...
A Jacksonville public policy analyst makes a case for revamping Florida's tax system — but not by eliminating property taxes.
In Louisiana, sales taxes are way too high. They need to come down. By most measures, Louisianans pay the highest sales taxes (state and local combined) in the nation. This matters. Sales taxes at ...
The sales tax is getting a lot of attention as a result of Gov. Kim Reynolds’ proposed Invest in Iowa Act. One phase of this act calls for a 1-cent sales tax increase. Three-eighths of it would be for ...
The top tax rate wealthy Americans pay on their investment gains today runs barely half the top rate the rest of us pay on our wages. But that only begins to tell the story of how lightly taxed our ...
Yet less than half a year ago, Louisiana lawmakers went in the wrong direction. In the midst of a host of tax reforms and trade-offs, they actually raised state sales tax rates rather than reduced ...