Tag Archives: Income Taxes

Average Income Tax Refunds by State — 2018

Tax season is upon us once again.   The one universally liked item about income taxes are tax refunds – occurring when an individual has an excess of taxes withheld from their paychecks.  The average income tax refund in 2018 was $2,727 according to the Internal Revenue Service.   This year is different since most Americans filing …Read more

Another Top-10 List — Best States Tax Environments

Taxes or lack thereof can be a repellent or a magnate to businesses relocating or expanding across the country. As an economist, for example, I would have an issue residing where there was a state income tax. Taxes are not the only reason why firms stay, move or expand elsewhere. There are a plethora of …Read more

Another Top-10 List — Most Friendly Tax States in the U.S. Round 2

A previous blog presented the Tax Foundation’s 2016 ranking of the Best Places To Do Business based a mix of five taxes. As previously stated, “Ratings and indices, depending on assumptions, variables and weightings, will yield differing results.” You can read the Round 1 Blog on this topic at http://blog.stewart.com/stewart/category/jones-on-real-estate/ A second look at the Most …Read more

State and Local Tax Collections and Related Employment

State and local governments literally had a head-on collision with the plunging economy during the recession and many locales were pressed just to remain solvent. Jobs were cut and services were either scaled back or eliminated. Property values declined precipitously (and property tax collections fell) Companies posted declining revenues, and in many instances losses and …Read more