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61% paid no income taxes… – Investment Watch

61% paid no income taxes… – Investment Watch
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61% of Americans paid no federal income tax last year, study shows

61% of Americans paid no federal income tax last year, study shows
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Sixty-one percent of households owed no federal income taxes last year: analysis

Sixty-one percent of households owed no federal income taxes last year: analysis
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States haven't needed to raise taxes to cope with pandemic

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Most states have managed to get through the COVID-19 pandemic without increasing taxes, despite predictions last year, according to a new report.
For the report the Urban-Brookings Tax Policy Center and tax software provider Avalara surveyed officials from 44 states about their 2020 fiscal year and projections for the future to measure how states fared and what theyâre planning. The
report found that states mostly emerged from the COVID-19-driven recession in good fiscal shape. Most states arenât planning to expand their general sales tax bases but some are looking at imposing specific taxes on industries that benefited from changing consumer behavior, including cannabis and technology-enabled alternatives, like peer-to-peer car sharing.

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Awash in cash, state lawmakers ask how long the boom will last

Awash in cash, state lawmakers ask how long the boom will last
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The IRS Has Issued $10 Billion in Tax Refunds on Unemployment Benefits. Here's Why Another Break Is Unlikely Next Year

The IRS Has Issued $10 Billion in Tax Refunds on Unemployment Benefits. Here's Why Another Break Is Unlikely Next Year
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Justice says IRS must give Trump tax returns to Congress

Justice says IRS must give Trump tax returns to Congress
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Justice says IRS must give Trump tax returns to Congress

Justice says IRS must give Trump tax returns to Congress
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Justice says IRS must give Trump tax returns to Congress

Justice says IRS must give Trump tax returns to Congress
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Stimulus update: Here's why you may want to opt-out of monthly child tax credit payments THIS WEEK

Stimulus update: Here's why you may want to opt-out of monthly child tax credit payments THIS WEEK
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