Tax Analysts Blog

Wednesday, February 24, 2016

The government shouldn’t be able to take your money before you get your day in court.

Wednesday, February 17, 2016

I must confess, I am surprised at the sudden interest in transfer pricing in the state tax world.

Wednesday, February 10, 2016

Two proposals in Georgia advance good tax policy.

Wednesday, February 3, 2016

The Louisiana governor is proposing significant tax increases; they wouldn’t be necessary if the state was more fiscally responsible.

Wednesday, January 27, 2016

thought there was hope for Maryland. Republican Gov. Larry Hogan seems like a moderate guy compared with most Maryland pols. I had hoped the governor would release a comprehensive tax plan to broaden the base and reduce rates in a state long known for its bad tax policy.

Wednesday, January 20, 2016

The Washington Department of Revenue has ruled that Boeing Co. and other aerospace firms must disclose savings from their tax breaks. The DOR had previously determined that those companies were not required to disclose their tax savings to the public. But bowing to pressure from The Seattle Times (and some excellent journalism at the paper), it had a change of heart.

Wednesday, January 13, 2016

Tax credits for private schools are troublesome; this one is unconstitutional.

Wednesday, December 16, 2015
As 2016 fast approaches, I have some suggestions for those responsible for state tax policies. These suggestions will make the tax system -- and indeed, the government -- fairer, more transparent, and more efficient. And they should be issues that both Democrats and Republicans agree on. Here they...
Wednesday, December 9, 2015
On December 4 President Obama signed into law the Fixing America's Surface Transportation Act. While it deals with funding transportation, the new law also contains a pernicious scheme to raise revenue. It requires the IRS to use private debt collectors. While the IRS has long had discretion to us...
Wednesday, November 18, 2015
The Council On State Taxation and EY released their 13th annual business tax burden study. The study remains one of the most important publications in the state and local tax world. I have written about it many times. The study's initial release, more than a decade ago, was a stroke of genius. Corp...
Wednesday, November 11, 2015
There are a lot of nonsensical things about state taxation. For example, public finance experts say we should impose sales tax on services (we don't). Those experts say we should never subject business purchases to sales tax (we do). We also shouldn't use excise taxes for general fund spending, hav...
Wednesday, November 4, 2015
The House Republican attempt to impeach IRS Commissioner John Koskinen is one of the most unseemly developments of the Lois Lerner affair. Unseemly is probably not a strong enough word to describe the partisan effort to remove a sitting commissioner. It is just wrong. I say that without any particu...
Wednesday, October 28, 2015
Have you ever noticed that rich people sometimes spend their time trying to make life harder for poor folks? Billionaire investment mogul Thomas Steyer is one of them. As a billionaire, he is, well, really rich. In the past, he has funded efforts to impose regressive taxes on energy. Now he is fund...
Wednesday, October 21, 2015
I spend a lot of time criticizing bad state tax policy. And my writings are usually imbued with negativity. Not today. There is a proposed regulation in Iowa (ARC 2178C) that should give hope to those who care about the principles of sound tax policy. It would expand the number of purchases that ar...
Wednesday, October 14, 2015
I must confess I've never been big on tattling, particularly when the tattlers have something to gain financially. There is a lot of that going on in the state tax world these days. I'm talking about qui tam lawsuits, of course. Most Americans don't know much about them. Indeed, a lot of legislatur...
Wednesday, October 7, 2015
Recently, North Carolina enacted significant tax changes. Some of them were very good. A few were awful. On the good side, the state lowered the personal income tax rate from 5.75 percent to 5.49 percent. Lowering rates is usually good for the economy and for the people paying taxes. I believe tha...
Wednesday, September 30, 2015
It's time for my annual advice column directed to our state legislators. Lawmakers of both parties would benefit from adhering to some common-sense ideals. I did not conceive these ideas. Rather, they were formulated by some of the greatest public finance thinkers. For conservative lawmakers, I of...
Wednesday, September 23, 2015
We know the story very well. Most services aren't subject to sales tax in most states. From a tax policy perspective, that's no good. The sales tax should fall on all final consumption -- preferably at a very low rate. So everything we buy should be subject to tax. There are several reasons for thi...
Wednesday, September 16, 2015
New Jersey is known for bad tax policy. Everyone knows that. Income, sales, and property taxes in the Garden State are badly in need of repair. But if you can believe it, some folks in the state are trying to make its revenue policy even worse. State Sen. Tom Kean Jr. (R) is proposing a bill (S 272...
Wednesday, September 9, 2015
I believe that all states will legalize marijuana in the next five years. There will be several proposals this year to legalize the stuff that made Cheech and Chong famous. Currently, 23 states and the District of Columbia have laws legalizing marijuana in some form. Most of them use the guise of m...