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The question is not as to the extent of the tax, or its equality with respect to taxes on other property, but as to the power of the State to levy any tax. [ 21 ] : 34 This doctrine, which became known as the "original package doctrine", would define the interpretation of the Import-Export Clause for over a century.
The Multistate Tax Commission (MTC) is an interstate instrumentality located in the United States. [1] It is the executive agency charged with administering the Multistate Tax Compact (1967). [ 2 ] As of 2021, the District of Columbia and all 50 states except for Nevada are members in some capacity.
Here, the requirement is that taxes must be geographically uniform throughout the United States. This means taxes affected by this provision must function "with the same force and effect in every place where the subject of it is found." [38] However, this clause does not require revenues raised by the tax from each state be equal. Justice Story ...
The Tax Foundation has released its annual State Tax Competitiveness Index, which compares each state on more than 150 variables in five areas of taxation: corporate taxes, individual income taxes ...
For federal income tax, interest income on state and local bonds is exempt, while few states exempt any interest income except from municipalities within that state. In addition, certain types of receipts, such as gifts and inheritances, and certain types of benefits, such as employer-provided health insurance, are excluded from income.
As construed by the Supreme Court in the Brushaber case, the power of Congress to tax income derives from Article I, Section 8, Clause 1, of the original Constitution rather than from the Sixteenth Amendment; the latter simply eliminated the requirement that an income tax, to the extent that it is a direct tax, must be apportioned among the ...
For example, in Colorado, residents ages 65 and older have been able to fully deduct federally taxed Social Security benefits on their state income tax returns since tax year 2022. For 2025, that ...
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