The sales tax is the second-largest source of state tax revenue and an important source of local tax revenue, but decades of base erosion threaten the tax’s share of overall revenue and have prompted years of countervailing rate increases.| Tax Foundation
A property tax is primarily levied on immovable property like land and buildings, as well as on tangible personal property that is movable, like vehicles and equipment.| Tax Foundation
In each of its main research areas, the Tax Foundation produces timely and high-quality data, research, and analysis that influence the tax debate toward policies that are simple, transparent, neutral, and stable. Meet Our Experts Our experts are continuously analyzing the day’s most relevant tax policy topics and are relied upon routinely for presentations, […]| Tax Foundation
Retail sales taxes are an essential part of most states’ revenue toolkits, responsible for 32 percent of state tax collections and 13 percent of local tax collections (24 percent of combined collections).| Tax Foundation
I love my home state. I love the “Midwest nice” and the charming character of one-stoplight towns. I love fair food on a scorching August day, and I love the only home I have ever lived in. For most of my peers, Iowa was a childhood pitstop — eagerly tallying the days until we could...| The University News