In tis policy document, Scott Drenkard writes that even though credits lower the tax burden of a particular tax filer, in most cases we see them as poor tax policy.
In this Background Paper, the authors write that the State Business Tax Climate Index enables business leaders, government policymakers, and taxpayers to gauge how their states’ tax systems c
The Economics of the Blank Slate: Estimating the Effects of Eliminating Major Tax Expenditures and Cutting Tax Rates
In this study, the authors at the Tax Foundation write that Senators Max Baucus and Orrin Hatch, the Chairman and Ranking Member of the Senate Finance Committee, have proposed in a letter to
In this case study, the authors write that the federal government provides many types of higher education assistance through the tax code.
In this case study, the authors write that the Earned Income Tax Credit (EITC) was introduced into the tax system in 1975 as a small tax subsidy for the working poor with children.
In this case study, the authors write that until recently, employers were generally not required to put the value of health care premiums on employees’ W-2 year-end tax forms.
In this study, the authors write that businesses can recognize most of their labor costs on their tax returns when they incur the costs but must typically deduct their investment costs over m
The federal individual income tax code permits taxpayers who itemize to claim a deduction for their state and local income taxes or general sales taxes.
The federal individual income tax code permits taxpayers who itemize to claim a deduction for their local real estate (property) taxes. However, the deduction is controversial.
The federal individual income tax permits taxpayers who itemize to claim a deduction for the mortgage interest they pay on their primary residence.