At the end of 2020, South Dakota had become the legal home of more than $350 billion in financial assets held in trusts. The trust owners are saving big on their taxes. But is South Dakota getting anything out of being a tax haven?
Tax Policy Center
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Tax Policy Center
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Independent, timely, accessible analyses of current and emerging tax policy issues. (Links/RTs/favorites/follows/etc. are not endorsements.)
- Trump: My tax plan would grow the economy. Tax Policy Center: No, it would shrink it by 4%. vox.com/policy-and-pol… via @voxdotcom
- This morning, 18 billionaires asked the 2020 presidential candidates to increase taxes on people like them, the wealthiest 0.1%. Here's a look at how the top 0.1%--and everyone else--make their money. tpc.io/2VN1KxQ
- .@howard_gleckman's takeaway from the May Congressional Research Service report: "No, the tax cuts didn’t come remotely close to paying for themselves by turbocharging the economy."
- FRESH OFF THE PRESS: "Distributional Analysis of the Tax Cuts and Jobs Act as Passed by the Senate Finance Committee" tpc.io/2zXucnb
- Distribution of tax changes in the American Rescue Plan Act vs. the Tax Cuts and Jobs Act, via @howard_gleckman tpc.io/3v5HASb
- Total tax revenue as a share of GDP was 27% for the United States in 2017 compared to the OECD’s weighted average of 36%. The United States ranked 32nd out of 37 OECD countries and below all other G7 countries. #FiscalFact via @aravindbodu tpc.io/2KjmBWS
- How would different income earners be affected by the #TaxCutsandJobsAct? Howard Gleckman analyzes the bill on TaxVox tpc.io/2CSI4QK #TCJA #taxbill
- NEW FROM TPC: "Distributional Analysis of the Conference Agreement for the Tax Cuts and Jobs Act" #TCJA #TaxCutsandJobsAct tpc.io/2CZ3T0W
- While every tax has pros and cons, the land value tax plan may improve access to affordable housing, encourage development, and deter blight — all issues central to Detroit’s broader goals. tpc.io/3Ot6QgM
- Find TPC's preliminary #distributional estimates under, “Unified Framework for Fixing Our Broken #TaxCode.” tpc.io/2xQvn8P
- Latest Trump tax plan adds trillions to the national debt, Clinton plan trims deficits by taxing the wealthy
- JUST RELEASED: "Preliminary Distributional Analysis of the 'Tax Cuts and Jobs Act," by TPC Staff tpc.io/2zBKyVc
- Tax Policy Center estimates show that the Child Tax Credit expansion in the Tax Relief For American Families And Workers Act of 2024 would benefit children in families in the lowest income quintiles. tpc.io/3U5r9V5
