Archive for the ‘State and Local Taxes’ Category

Washington DC’s Tax Revision Commission Plan

Last year, I had the privilege of serving on the District of Columbia’s Tax Revision Commission, chaired by former mayor Tony Williams. On Monday, the Tax Policy Center will host a panel to discuss our broad-based effort to rework DC’s often unwieldy revenue system. To prepare, I looked more closely at how the personal income […]

Camp Tax Reform Would Create New Challenges for States

House Ways and Means Chair Dave Camp’s recent tax reform plan would raise the cost of doing business for many state and local governments. Camp would repeal the deductibility of state and local taxes, including both property taxes and income taxes. He’d abolish tax-exempt private activity bonds. And he’d impose a 10 percent surtax on municipal […]

How To Fix Washington, DC’s Tax System

An advisory commission has recommended some interesting changes to the District of Columbia’s tax system. The commission’s proposals may provide some useful lessons for other states looking to reform their tax codes. In some ways, of course, DC is unique. While it is a city, it functions much like a state. However, because of its […]

Oscar Nominees Cash In On State Tax Subsidies

Each of the nine movies nominated for this year’s Oscar for best film may already have taken home a pile of tax subsidies. Seven brought back state goodies from the U.S. and two got cash for their work in the U.K. And, according to data collected by the Manhattan Institute, the winner is….Wolf of Wall Street. […]

Utah Lets Same-Sex Couples File Joint Tax Returns

The Utah State Tax Commission yesterday reversed Governor Gary Herbert (R), ruling that same-sex couples may file their 2013 state tax returns as married, as long as they wed before the end of last year. The ruling also applies to couples who married in other jurisdictions. As I discussed in my last TaxVox post, the […]

Tax Complications for Same-Sex Couples in Utah (and Elsewhere)

The battle over same-sex marriage in Utah not only raises important questions about marriage law; it also further complicates income tax filing for gay couples who tied the knot during the few weeks when those nuptials were deemed legal. The problem: While federal courts hash out the legality of Utah’s same-sex marriages, gay couples who […]

The US Income Tax Burden, County by County

Differences in income and other characteristics mean that federal income tax  burdens vary substantially across counties. While the median federal income tax burden across counties is about $3,400, approximately 10 percent of counties  have average tax burdens less than $2,100 and around 10 percent of counties have  average tax burdens over $6,700. Counties with high federal […]

Sorting Through The Property Tax Burden

When it comes to property taxes, location matters. In a new TPC report, my colleague Brian David Moore and I look at just how much property taxes vary across states and counties. Using self-reported American Community Survey data, we find that residential property taxes tend to be close to $1,000 per year, with a small […]

Narrow Tax Hikes Win Support in Several States

Last Tuesday, voters in several states approved modest tax hikes. Increasingly, states are using ballot measures to determine whether to support new taxes. Some of these referenda are binding, others just advisory. But in 2013, voters in several states seem to be hungering for more revenue—though sometimes from unusual sources and decidedly not by raising […]

IRS Recognizes Same-Sex Marriages, Regardless of Where Couples Live

Just two weeks ago, I discussed potential tax issues a same-sex married couple could face if they live in a state that doesn’t recognize their marriage. Yesterday the IRS ruled that, for tax purposes, such couples are married regardless of where they live. That ruling answers the question of what filing status the couple must […]