Taxes

Vermont Tax Proposals: Details & Analysis | Tax Foundation Skip to content Home • Blog • Vermont Tax Proposals Would Leave the State and Vermonters Behind This year, Montpelier is producing a bumper crop of proposed taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses

May 24, 2023January 5, 2024 Compare Tobacco Tax Data in Your State In the United States, tobacco is taxed at both the federal and state and sometimes even local levels. These layers of taxes often result in very high levels of taxation—the highest of any consumer item. The retail price of cigarettes, for instance, is

French Budget: Details & Analysis | Tax Foundation Skip to content Home • Blog • The French Budget: Moving from Public Debate to Principled Solutions French President Emmanuel Macron promised to rein in the country’s budget deficit within the next four years. Newly released data shows France is moving in the wrong direction. On 26

Is Federal Tax Code Progressive? | TaxEDU Skip to content Home • Blog • Does the Federal Tax Code Privilege the Rich? This is part of our educational blog series, “The Short Form,” to simplify taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to

State Capital Gains Tax Rates, 2024 | Tax Foundation Skip to content Table of Contents When taxpayers sell their capital assets, like real property or their shares in a company, net earnings on those sales (capital gains) are generally subject to taxA tax is a mandatory payment or charge collected by local, state, and national

Maryland Worldwide Combined Reporting: To Be or Not to Be? Skip to content Home • Blog • Maryland’s Worldwide Combined Reporting: To Be or Not to Be? Worldwide combined reporting is on the agenda in Maryland. Earlier in March, the Maryland House Appropriations Committee amended the budget bill (S.B. 362) to, among other things, include

Tax Reform Options for 2025 (and Beyond) | Tax Foundation Skip to content Home • Blog • Considering Tax Reform Options for 2025 (and Beyond) The coming 2025 taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services,

State Tax Cuts Revenue Implications: Analysis | Tax Foundation Skip to content Home • Blog • Can States Afford Their Recent Tax Cuts? With state taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities.

Dividend Tax Rates in Europe, 2023 | Tax Foundation Maps Skip to content Many countries’ personal income taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. systems tax various sources of individual income—including investment

August 17, 2023August 19, 2023 Summary of the Tax Credits Claimed on the Form 1040, Tax Year 2020 In tax year 2020, taxpayers claimed more than 159 million tax credits on their individual income tax returns worth a total of more than $277 billion. That was an increase of $35.3 billion from tax year 2019,

US Tax Revenue by Tax Type, 2024 Update | Tax Foundation Skip to content Table of Contents Policy and economic differences among OECD countries have created variances in how they raise taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of

OECD Tax Revenue by Country: Sources of Government Revenue Skip to content Home • Data • Sources of Government Revenue in the OECD, 2024 Table of Contents Developed countries raise taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general