This fiscal fact asserts that on March 21, 2013 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.
Minnesota Income Tax Increase Modification Could Encourage Tax Avoidance and Promote Poor Investment Decisions
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 Margin Tax Experiment Failing Due to Collection Shortfalls, Perceived Unfairness for Taxing Unprofitable and Small Businesses, and Confusing Rules
Texas’s tax system has many notable aspects. The state imposes no individual income tax and no corporate income tax.
Occasionally, politicians get the big questions right. In no place is that more evident in 2007 than in Kansas, where lawmakers are currently debating a package of corporate tax reform plans.