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Tax Foundation

Gingrich, Perry Float ‘Simple’ Tax Proposals

13 December 2011

In recent days, both front-runner Newt Gingrich and Texas Governor Rick Perry have touted their respective “optional flat tax” plans as an easy solution to a complicated tax system. Under both plans, taxpayers would have the option of filing under the existing Tax Code or filing with a flat tax rate (Perry has suggested 20% [...]

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Supreme Court Asked to Answer What’s ‘Fair’ When it Comes to Taxpayers

16 November 2011

The Supreme Court has granted certiorari in the case of Armour, et al., v. [entity id="place_4e0a70360f93e476d9b1c10f" style="padding: 1px; color: #fff; background: #336699;" class="forbes_entity" active="true" item_id="place_4e0a70360f93e476d9b1c10f" key="in/indianapolis" latitude="39.76691" longitude="-86.149964" display="Indianapolis" image="http://images.forbes.com/media/lists/places/indianapolis-in_50x50.jpg" natural_id="places/26900" type="place" lists="[]” active=”false”]Indianapolis[/entity], et al (docket 11-161). That’s a lawyerly way of saying that the Supreme Court will hear the matter. Some cases have [...]

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Who Should Pay Taxes?

14 March 2010

On Friday, I posted that the Tax Foundation reported that, in 2008, nearly one in three taxpayers paid no taxes or received every dollar back which was withheld. It’s the highest percentage of nonpayers ever. Think about that for a second. It’s pretty scary. For 2008, those numbers mean that there were about 51.6 million [...]

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It’s a taxgirl Podcast!

27 January 2010

Okay, not really a taxgirl.com podcast… But I was interviewed for the Tax Foundation’s tax policy podcast on Monday. It was a lot fun, despite my battling through a nasty head cold. You can listen to the podcast here. Thanks to Natasha for having me on! I may appear again to talk tax advice. I’ll [...]

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Fix the Tax Code Friday: Bailing Out the Government

15 May 2009

It’s Fix the Tax Code Friday! Remember that study that I cited from the Tax Foundation earlier in the week? That same report offered another statistic. In 2007, the cost of balancing the budget would have cost each taxpayer an additional $1,789 in taxes. This year, due to “the bailouts and the Troubled Asset Relief [...]

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Happy Tax Freedom Day!

13 April 2009

Happy Tax Freedom Day! And if you’re thinking it feels early this year, you’re right… In 2009, Tax Freedom Day in the US arrives on April 13, the earliest it’s appeared since 1967, according to the Tax Foundation. That’s more than a week earlier than last year and two weeks earlier than in 2007. Tax [...]

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New Jersey is #1!

9 August 2008

Don’t get excited… we’re not talking about football (Favre or not, I can’t get behind the Jets**. Go Eagles!). We’re talking about tax. According to the Tax Foundation, New Jersey residents paid the highest percentage of state and local taxes. Folks from New Jersey paid a whopping 11.8% of income in state and local taxes, [...]

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