IRS budget cuts result in $34.3 billion in lost tax revenue from large firms

BLOOMINGTON, Ind. — Budget cuts at the Internal Revenue Service threaten the agency’s effectiveness and have led to billions of dollars in lost tax revenue, new research from the Indiana University Kelley School of Business shows. The research is among…

Portland land value tax would improve equity for homeowners, incentivize development

Shifting Oregon’s property tax structure to a land-value tax base could improve equity among homeowners of various income levels, according to a study conducted by Portland State University’s Northwest Economic Research Center (NERC). A pure land-value tax assesses property taxes…