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Can the States Screw With You?
Congress has the taxing power. That law was passed. There's nothing the supreme court can do to undo that. But the question is, can the states screw with you? And the answer, as i have discovered, is yes. It depends on three separate questions. The first is whether the state conforms to the internal revenue code in terms of how the state adjudicates what taxes are owed. Some don't. Arkansas and mississippi, for example, reserve the right to compute taxable income independently of how the i r s does. A couple of things to keep in mind: If you live in a state that has not yet conformed, ask them this is something which they ought