The overall federal tax system is progressive, with total federal tax burdens a larger percentage of income for higher-income households than for lower-income households...
Kharlian Awad is a program manager for the Tax Policy Center at the Urban Institute, where she assists with contractual and financial support. Before coming...
State governments collected more than $1.9 trillion of general revenue in 2016. General revenue from income, sales, and other taxes totaled $923 billion—nearly half of...
How much revenue do state and local governments collect from individual income taxes? State governments collected $344 billion from individual income taxes in 2016, or...
HOW MUCH REVENUE DO STATE AND LOCAL GOVERNMENTS RAISE FROM PROPERTY TAXES? While property taxes are a significant source of local government revenue, they are...
How Much Revenue Do State and Local Governments Raise from Corporate Income Taxes? State and local governments raise a small share of revenue from corporate...
State and local governments collected $5 billion from estate and inheritance taxes in 2016, well less than 1 percent of combined state and local own-source...
How much revenue do state and local governments raise from soda taxes? No state currently has an excise tax on sugar-sweetened beverages. Instead, soda taxes...
Income earned by C-corporations (named after the relevant subchapter of the Internal Revenue Code) is subject to the corporate income tax at a 21 percent...
The federal government distributes about $700 billion (17 percent of its budget) to states and localities each year, providing about one-quarter of these governments’ total...
Designing Tax and expenditure limits Spending versus revenue limits . States can limit their own revenues, appropriations, or both. Many states, also, limit the growth...
background Balanced Budget Requirements (BBRs) have become a pillar of state budgeting practice over the last thirty years, requiring states to balance projected revenue with...
Under current law, taxpayers who itemize are allowed to deduct most of their charitable contributions, thereby reducing their tax liability. Taxpayers who do not itemize...
Federal spending on health care in 2015 The Congressional Budget Office and the Office of Management and Budget estimate that the federal government will spend...
