Tax Foundation Tax Policy Blog

Recent Posts from Tax Foundation Tax Policy Blog


  • Chicago Board Votes Again On Cutting Sales Tax

    For the third time, the Cook County, Illinois Board voted to cut its hefty sales tax, which when combined with the state rate has residents paying 10.25%. And for the third time, the Cook County…

  • Monday Map: Top State Income Tax Rates

    So far this month, 23,000 visitors have checked out our page listing income tax rates by state. Now it's impossible to get every tax bracket from every state into one printable map (Hawaii has 12…

  • Rhode Island: High Property Taxes By Any Metric

    The Rhode Island Future blog claims that the Tax Foundation doesn't present property taxes as a percent of median home value. They claim that by that metric, property taxes in Rhode Island's counties "are higher…

  • Bad Tax Competition

    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,…

  • Budget Woes in New York, California, Michigan, and Washington State

    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…

  • Comparing Senate Democrats' Health Care Reform Bill to HCR Bill Passed by House

    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:…

  • Typical Washington Rhetoric (Republican Edition)

    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. Republicans are questioning whether the bill…

  • Senate Bill Mucks Up the Medicare Tax

    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%…

  • JCT Releases Score of Provisions in Reid Health Care Reform Bill

    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…

  • New Podcast: Susan Urahn of the Pew Center on the States

    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. "Beyond California:…