Distribution of tax units with flow-through business income by source of flow-through business income and expanded cash income level, under current law for 2022 as of February 27, 2023.
Distribution of tax units with flow-through business income by source of flow-through business income and expanded cash income percentile, under current law for 2022 as of February 27, 2023.
Distribution of tax units with flow-through business income by source of flow-through business income and statutory marginal tax rate, under current law for 2022 as...
Depending on their use, college scholarships may have tax consequences. But should they, given the many subsidies for college costs built into the tax code?
Many low- and moderate-income families rely on the earned income tax credit and child tax credit to cover expenses. But calculating these benefits can be...
In 2019, 77% of White families had unrealized capital gains, compared with 47% of Black families, 49% of Hispanic or Latino families, and 62% of all other families. Amounts also varied significantly within each group.
Total state tax revenue collections increased 7.2 percent in nominal terms and 0.1 percent in real terms in the third quarter of 2022 relative to a year earlier. This is much weaker than the strong revenue growth observed in the first half of 2022. Both corporate income and general sales tax
In a year when child poverty has risen substantially following the expiration of temporary tax benefits, Washington intransigence over raising the debt ceiling could put...