State and Local Sales Tax Deductibility : Legislation in the 108th Congress.

Examines the American Jobs Creation Act of 2004, P.L. 108-357, and other legislative proposals that allow taxpayers to deduct State and local sales taxes from Federal income tax. Provides historical background on State and local tax deductibility, analysis of States without a broad-based income tax,...

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Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2004.
Series:	U.S. Congressional Research.
Subjects:	Local government. Fiscal policy. Income tax. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Examines the American Jobs Creation Act of 2004, P.L. 108-357, and other legislative proposals that allow taxpayers to deduct State and local sales taxes from Federal income tax. Provides historical background on State and local tax deductibility, analysis of States without a broad-based income tax, and review of distributional equity, administrative simplicity, and intergovernmental fiscal efficiency of sales tax deductibility.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Nov. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.