Tax Foundation

My name is Scott Drenkard, and I’m an economist at the Tax Foundation.

On March 21, the Senate voted 79 to 20 to pass a nonbinding budget amendment encouraging the repeal of the Affordable Care Act’s medical device excise tax.

Congress is debating major reforms of the corporate and individual income taxes. One expressed goal of the exercise is to promote economic growth while lowering the deficit. Growth is key.

The number of U.S. cell phone subscribers has grown significantly in recent years from 48.7 million in 1997to 321.7 million in 2012.

In fall 2012, the Carolina Business Coalition commissioned us to prepare a review of the North Carolina tax system and recommend possible improvements.

The U.S.

Minnesota is one of 46 states that begin their fiscal year on July 1.

Fewer states have been hit harder by the present recession than Nevada.

Texas’s tax system has many notable aspects. The state imposes no individual income tax and no corporate income tax.