It is no secret that the rich hate paying taxes. A recent ProPublica investigation of tax returns revealed that the 25 richest Americans paid a true tax rate of 3.4% on the wealth they accumulated from 2014 to 2018 through entirely legal means. At the same tim... More »
As the old adage goes, two things in life are guaranteed: death and taxes. While it may not be lethal, some Cook County residents are in for a surprise when they open their next property tax bill. Reports indicate that between 2015-2016, the average property t... More »
Policymakers use tax penalties and incentives as a mechanism to modify the public’s behavior. Cigarette taxes are one of the most obvious examples of such a policy. As a matter of public health, society would be better off if fewer people smoked cigarettes—rai... More »
High-skilled workers are continuously migrating. According to the World Bank, in 2010 there were approximately 45 million tertiary-educated migrants globally, which represents a 75 percent increase since 2000. High-skilled workers are essential for research, i... More »
A new study uses a spatial model of local economies to calculate the incidence of corporate income tax on firms, workers, and landowners. More »
Nashville's CFO describes how a combination of tax increases, budget cuts, and infrastructure investments has kept the city thriving More »
The CAO of Los Angeles sheds light on the realities of municipal deficit reduction. More »
A new Inter-American Development Bank report examines the consequences of Latin American taxation systems and outlines a potential way forward More »
Bob Greenstein talks about tax policy, the recession, and what to expect from the fiscal cliff More »
A pair of researchers explain why our cities have been pulled apart and how we can mend them back together. More »