Search for: "Household Finance Corporation of Alabama"
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25 Aug 2022, 7:33 am
States have been moving away from the taxation of personal property, but for now, many such taxes remain in place.[5] Economists tend to favor taxes on real property and improvements (land and structures), as they adhere reasonably well to the benefit principle, or the idea in public finance that taxes paid should relate closely with benefits received. [read post]
4 Oct 2022, 5:50 am
Key Findings Alaska’s heavy reliance on oil and gas taxes and investment income creates extreme revenue volatility and complicates revenue forecasts. [read post]
1 Apr 2021, 6:59 am
(b) Massachusetts uses rolling conformity for its corporate income tax and pre-CARES Act static conformity for its individual income tax. [read post]
30 Mar 2021, 6:51 am
The governor’s bill would result in a net tax cut of $185 million a year, but that represents about $477 million in tax cuts for individuals and a $292 million tax increase for businesses.[3] In broad outlines, the governor proposes to reduce wage income taxes dramatically by raising the sales tax rate, expanding the sales tax base to business purchases, implementing a luxury tax, substantially raising excise taxes, and hiking severance taxes.[4] Specifically, the plan includes: An… [read post]
1 Dec 2023, 7:23 am
Ada Mae Day worked just as hard as her husband, in a household that lacked running water and electricity until Sandra was 7, but according to Lazy B she “never stopped trying to dress well and take care of herself. [read post]
26 Jan 2021, 5:29 am
In this way, the progressivity or regressivity of consumption taxes is connected to purchasing activity rather than the incomes of those who are consuming the goods and services.[1] From a revenue perspective, consumption taxes can provide a significant and stable source of financing for governments. [read post]