Corporate income tax reform: the view from the states

Corporate Income Tax Reform: The View from the States

Download PDF
Nearly every issue of State Tax Notes brings news of another change in state corporate income taxation. This year, for example, Michigan replaced its business tax with a corporate income tax (the state's second major business tax overhaul in four years),[1] and corporate income tax rates have been lowered in Indiana,[2] North Dakota,[3] and elsewhere. Meanwhile, an increasing number of states are moving to singlesales- factor apportionment, as New Jersey did in May of this year.4 In February Arizona adopted both a rate cut and single-sales-factor apportionment.5 Despite all this activity, the state corporate income tax receives much less attention than its federal counterpart. To shed greater light on this important topic, the American Enterprise Institute held a conference on May 11, titled ''Corporate Income Tax Reform: The View from the States.''[6] The conference brought together a panel, consisting of Joseph Crosby, then of the Council On State Taxation, [7] Joseph Henchman of the Tax Foundation, and Michael Mazerov of the Center on Budget and Policy Priorities to discuss recent issues and trends in state corporate income taxation.

View the event summary and video from "Corporate Income Tax Reform: The View from the States."

Chad H. Hill is the economic policy studies program manager and a Jacobs Associate at AEI

Also Visit
AEIdeas Blog The American Magazine
About the Author

 

Chad H.
Hill

What's new on AEI

To secure southern border, US must lead international effort to stabilize Central America
image The Ryan pro-work, anti-poverty plan: Thomas Aquinas 1, Ayn Rand 0
image Does SNAP support work? Yes and no
image Obama Democrats lose their big bet on health exchanges
AEI on Facebook
Events Calendar
  • 28
    MON
  • 29
    TUE
  • 30
    WED
  • 31
    THU
  • 01
    FRI
Tuesday, July 29, 2014 | 10:00 a.m. – 12:00 p.m.
Is Medicare’s future secure? The 2014 Trustees Report

Please join AEI as the chief actuary for Medicare summarizes the report’s results, followed by a panel discussion of what those spending trends are likely to mean for seniors, taxpayers, the health industry, and federal policy.

Friday, August 01, 2014 | 10:30 a.m. – 12:00 p.m.
Watergate revisited: The reforms and the reality, 40 years later

Please join us as four of Washington’s most distinguished political observers will revisit the Watergate hearings and discuss reforms that followed.

No events scheduled this day.
No events scheduled today.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.
No events scheduled this day.