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2024 Tax Season Newsletter

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Tax Foundation

• Taxpayers Shoulder a Heavy Burden for Sports Stadium Subsidies
  October 3, 2024 by Adam Hoffer, Joseph Johns, Craig Depken
  Sports stadium subsidies are salient political gimmicks designed to appear as if politicians are providing tangible benefits to taxpayers. The empirical evidence shows repeatedly that stadium subsidies fail to generate new tax revenue and new jobs or attract new businesses.
• Combined Corporate Rates Would Exceed 30 Percent in Most States Under Harris’s Tax Plan
  October 2, 2024 by Garrett Watson
  Raising the combined US corporate rate to the second highest in the OECD would encourage corporations to depart from the US, reducing economic output and worker wages across the income spectrum.
• On the Economy, Harris and Trump Are Making the Same Mistake
  October 2, 2024 by Erica York
  Both candidates’ policies would ultimately stifle the kinds of broad economic expansion they claim to seek.
• Before Repealing the Property Tax, Look Under the Hood
  October 2, 2024 by Jared Walczak
  If voters are being asked to charge state legislators with raising the equivalent of a doubling of the current income and sales tax, shouldn’t they get to know what the plan is first?
• 2024 Spanish Regional Tax Competitiveness Index
  October 1, 2024 by Cristina Enache
  The 2024 Spanish Regional Tax Competitiveness Index allows policymakers and taxpayers to evaluate and measure how their regions’ tax systems compare.

Tony Nitti (forbes.com)