
Moody's warns New York State that it could downgrade its credit if the state does not address its structural deficit. Overoptimistic revenue projections in Washington State have led to a gap opening up in the current budget (altogether, a 3.3% reduction from the previous budget)...

The Rhode Island Future blog claims that the Tax Foundation doesn't present property taxes as a percent of median home value...

Federalism is generally a good thing. States compete for business and residents, hopefully moving closer to some optimal level of governance. And if one thinks this optimal level of governance includes low and non-distortive taxation, and that other individuals think so too, then federalism c...

While Harry Reid and Senate Democrats are off trying to use taxpayer money to essentially bribe support for their health care reform bill, the Republicans are in attack mode....

This evening (Saturday), debate on the health care reform bill propose by Senate Majority Leader Harry Reid and Senate Democrats will commence. Late Wednesday night, the Congressional Budget Office released its report on the proposed piece of legislation: the gross price tag for the coverage pr...

Of all the changes from the Senate Finance Committee bill to the final Senate bill, the most annoying from a tax adminstrator's perspective must be the complexification of the Medicare tax. Now a simple 2.9% of salary goes to Medicare (1.45% employee portion; 1.45% employer)...

As Joe wrote last week, the Pew Center on the States released a report on state budgets evaluating the factors that led to California's crisis and identifying other states that face similar problems...

The health care reform bill put forth by Senate Majority Leader Harry Reid and other Senate Democrats this evening will raise the bulk of its revenue via an excise tax high-valued health insurance (scaled down from the Baucus bill), along with an increased tax on Medicare for high-income wage...

On November 7, 2009, the House of Representatives passed a health care reform bill that includes a 5.4% surtax aimed at high-income tax returns. Those who would be hit by the surtax pay 36% of all federal taxes...

Tax Foundation President Scott Hodge appeared on Fox News Channel's "Your World with Neil Cavuto" today to discuss the recent trend among states enacting health care-related taxes, specifically hospital or provider taxes...

New York isn't the only state becoming creative with their automobile registration. An Arizona tax panel has recommended to Gov....

Tax Foundation Tax Foundation President Scott Hodge appeared on Fox News Channel's "Your World with Neil Cavuto" on Nov. 16, 2009 to discuss the recent trend among states enacting health care-related taxes, specifically hospital or provider taxes.

The Center on Budget and Policy Priorities (CBPP) doesn't even seem to be trying lately, as evidenced by the titles of their recent reports: Increasing Medicare Tax on High-Wage Earners Could Help Pay for Health Reform Curbing Flexible Spending Accounts Could Help Pay For Health Care Reform Taxing...


















