As the year ends nine federal tax provisions will expire, causing some to pay more in state and local sales taxes. Most critics agree that state and federal taxes need an overhaul, but in which direction? In recent years, the issue of state and federal taxes has been hijacked by partisan politics. Tea party champion Grover Norquist and his
Expiring Tax Deductions Prompt Talk Of Tax Reform
Without congressional action to extend state and federal tax deductions, 11 million taxpayers will lose $17 billion.