severance taxes

: TaxVox

The Winners and Losers of Rising Oil Prices

With gasoline prices spiking, many state legislatures are debating whether to suspend gas taxes in an effort to provide some relief to consumers. But higher...

April 1, 2022Lucy Dadayan

: TaxVox

Tax States of the States: Mixed, Murky and Sometimes Mercurial

Governor LePage wants big tax cuts for Maine. Republican Paul LePage’s new budget proposal would cut the top income tax rate by 2.2 percentage points to 5.75 percent, and apply it to single tax filers with incomes over $50,000, instead of the current threshold of $21,200. The plan would cut

January 12, 2015Renu Zaretsky