Reforming State Corporate Income Taxes Can Yield Billions
Tax Notes State, June 8, 2020
8 Pages Posted: 17 Jul 2020 Last revised: 9 Jun 2021
Date Written: June 8, 2020
This essay argues that the current COVID-19 crisis is the perfect time to make revenue-raising reforms to state corporate income taxes — reforms that would have been desirable policy improvements even during an economic upturn, but that are even more clearly good policy moves in light of the current and upcoming state economic and budgetary crises.
Keywords: tax law, tax policy, fiscal federalism, corporate income tax, state tax, state corporate income tax, budget crisis
JEL Classification: K34
Suggested Citation: Suggested Citation