Today, most states conform through their definitions of income. Of the 41 states with a broad-based individual income tax, 31 states and the District of Columbia started their state income tax ...

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 reinstated the estate and GST taxes for 2010 and extended them through 2012, with a $5 million estate tax exemption ...

The federal earned income tax credit (EITC) provides a refundable credit to taxpayers based on their income and family circumstances (such as marital status and number of children). In 2023, 31 states ...

Model Estimate T25-0158 – Impose a 5 Percent Tax on Net Wealth Greater Than $50 Million and a 10 Percent Tax on Net Wealth Above $250 Million, Impact on Tax Revenue FY 2025–34 TaxVox Model Estimate ...

Corporate Tax Revenues The United States raises less revenue from all corporate income taxes as a share of GDP than all other countries in the G7 and almost all other countries in the OECD (figure 2).