Taxes

Benefits to the Poor of Texas Franchise Tax Repeal

Texas continues to grow, even in the face of a recession and the weak recovery. From 2008 to 2014, real gross domestic product per person in the United States did not grow, but in Texas, per capita GD…

The Marketplace Fairness Act:Tilting the Playing Field

Last year, the U.S. Senate passed the Marketplace Fairness Act (MFA), allowing states to require online retailers to collect and remit sales taxes for each buyer’s state. Though the House of Represent…

Simulating the Elimination of the U.S. Corporate Income Tax
Do Bans on Plastic Grocery Bags Save Cities Money?

Consumers choose plastic bags far more often than paper or reusable bags to carry their purchases. Compared to paper and reusable bags, plastic bags are lightweight, strong, flexible and moisture resi…

Inequities in Texas Telecom Taxation

Telecommunications, cable and wireless service consumers pay a barrage of federal, state and local taxes and fees imposed on these services and their providers. Telecom services are usually taxed like…

Limiting Retirement Account Growth Would Punish Saving

President Obama’s proposed 2014 budget includes a limit on the growth of tax-advantaged retirement accounts. Though Congress is unlikely to adopt his budget proposal, the idea of limiting retirement a…

Budget Wars

After four years without a federal budget, the House of Representatives and the Senate have passed different budget plans. The House plan sponsored by Budget Committee Chairman Paul Ryan (R-Wis.) and…

The Pitfalls of Internet Sales Tax Collection

Internet sales accounted for a growing share of consumer spending over the last decade. Now smart phones and wireless networks provide an almost unlimited ability to shop and purchase goods electronic…